Common use of THE PURCHASER HEREBY COVENANTS AND AGREES WITH THE VENDOR Clause in Contracts

THE PURCHASER HEREBY COVENANTS AND AGREES WITH THE VENDOR. PROMOTER as follows:- (a) The Purchaser shall have proportionate undivided right over the common areas, facilities and amenities of the said Building as specified in the Third Schedule hereunder written. (b) The Purchaser for himself/herself/itself and his/her heirs, executors, administrators and assigns doth hereby covenant with the Vendor/Promoter and/or other co-owners of the other apartments in the said Building that (i) the Purchaser shall observe, perform and fulfill the covenants, stipulations and obligations required to be performed by the Purchaser as mentioned in the Fourth Schedule hereunder written (ii) the Purchaser shall abide by the bye-laws/ rules/ regulations as may be applicable to the said Building from time to time and pay all taxes, duties, maintenance charges, electricity charges for common areas of the said Building as also of the Said SAC and all other outgoings in respect of the said Premises wholly and in respect of the common areas and portions of said Building proportionately and all other expenses incidental to the management of the said Building. Such payment shall be made by the Purchaser within Seven days of raising of bill(s) by the Vendor/Promoter/Maintenance Company/Association. (iii) the Purchaser shall use the said Apartment/Flat for residential purpose only and for no other purpose and (iv) the Purchaser shall not do any work which would jeopardise the soundness or safety of the said premises and Residential cum Commercial Complex, reduce the value thereof or impair any easement nor shall the Purchaser add any material structure or excavate any additional basement or cellar without, in every such case, the approval of the Vendor/Promoter/ Maintenance Company/Association. (c) The Purchaser shall not do or cause to be done any act or thing nor shall omit to do any act, deed or thing whereby the rights of the Vendor/Promoter and/or the Purchaser of other premises in the said Building is prejudiced and affected in any manner whatsoever. (d) The Purchaser hereby agrees and undertakes to the Vendor/Promoter that the Purchaser shall bear and pay proportionately all common expenses payable by the Purchaser as may be determined and fixed by the Vendor/Promoter or the Maintenance Company or the Association, as the case may be. (e) The Purchaser is fully aware that the Vendor/Promoter has constructed several units/shops for commercial use in the said complex and for transferring the same to the intending transferees at such price and on such terms and conditions which the Vendor/Promoter in its sole discretion has deemed fit and proper. The Transferee or the intending Transferee of the commercial units shall enjoy the facilities and convenience of the said Complex including the common portions as decided by the Vendor/Promoter in its sole discretion. The Purchaser shall not, under any circumstances, raise any objection or hindrance thereto. (f) Vendor/Promoter shall bear all municipal taxes, rates, levies, surcharges and out goings of or on the said premises and appurtenances relating from the date of possession or registration of the Indenture in favour of the Purchaser whichever is earlier. Deemed date of possession shall mean days after issuance of “notice of possession / call for possession” for taking over of possession of his / her / its apartment in person or through agent or attorney irrespective of actual possession of the apartment has been taken or not.

Appears in 3 contracts

Samples: Deed of Conveyance, Deed of Conveyance, Deed of Conveyance

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THE PURCHASER HEREBY COVENANTS AND AGREES WITH THE VENDOR. PROMOTER as follows:- (a) The Purchaser shall have proportionate undivided right over the common areas, facilities and amenities of the said Building as specified in and common areas, utilities, facilities and amenities of the Third Schedule hereunder writtenentire Premises. (b) The Purchaser for himself/herself/itself themselves and his/her their heirs, executors, administrators and assigns doth hereby covenant with the Vendor/Promoter and/or Vendor/ Developer and/ or other co-owners of the other apartments in the said Building that (i) the Purchaser shall observe, perform and fulfill the covenants, stipulations and obligations required to be performed by the Purchaser as mentioned in the Fourth Schedule hereunder written herein (ii) the Purchaser shall abide by the bye-laws/ rules/ regulations as may be applicable to the said Building Building/ Premises from time to time and pay all taxes, duties, maintenance charges, electricity charges for common areas of the said Building as also of the Said SAC and all other outgoings in respect of the said Building/ Premises wholly and in respect of the common areas and portions facilities of the said Building Building/ Premises proportionately and all other expenses incidental to the management of the said Building. Such payment shall be made by the Purchaser within Seven days of raising of bill(s) by the Vendor/Promoter/Maintenance Company/Association. Building/ Premises. (iii) the Purchaser shall use the said Apartment/Flat Apartment for residential purpose only and for no other purpose and (iv) the Purchaser shall not do any work which would jeopardise the soundness or safety of the said premises and Residential cum Commercial ComplexBuilding/ Premises, reduce the value thereof or impair any easement nor shall the Purchaser add any material structure or excavate any additional basement or cellar without, in every such case, the approval of the Vendor/Promoter/ Maintenance Company/Associationcellar. (c) The Purchaser shall not do or cause to be done any act or thing nor shall omit to do any act, deed or thing whereby the rights of the Vendor/Promoter and/or Vendor/ Developer and/ or the Purchaser of other premises in the said Building is prejudiced and affected in any manner whatsoever. (d) The Purchaser hereby agrees and undertakes to the Vendor/Promoter that the Purchaser shall bear and pay proportionately all common expenses payable by the Purchaser as may be determined and fixed by the Vendor/Promoter or the Maintenance Company or the Association, as the case may be. (e) The Purchaser is fully aware that the Vendor/Promoter has constructed several units/shops for commercial use in the said complex and for transferring the same to the intending transferees at such price and on such terms and conditions which the Vendor/Promoter in its sole discretion has deemed fit and proper. The Transferee or the intending Transferee of the commercial units shall enjoy the facilities and convenience of the said Complex including the common portions as decided by the Vendor/Promoter in its sole discretion. The Purchaser shall not, under any circumstances, raise any objection or hindrance thereto. (f) Vendor/Promoter shall bear all municipal taxes, rates, levies, surcharges and out goings of or on the said premises and appurtenances relating from the date of possession or registration of the Indenture in favour of the Purchaser whichever is earlier. Deemed date of possession shall mean days after issuance of “notice of possession / call for possession” for taking over of possession of his / her / its apartment in person or through agent or attorney irrespective of actual possession of the apartment has been taken or not.

Appears in 1 contract

Samples: Indenture of Conveyance

THE PURCHASER HEREBY COVENANTS AND AGREES WITH THE VENDOR. PROMOTER as follows:- (a) The Purchaser shall have proportionate undivided right over the common areas, facilities and amenities of the said Building as specified in the Third Schedule hereunder written. (b) The Purchaser for himself/herself/itself and his/her heirs, executors, administrators and assigns doth hereby covenant with the Vendor/Promoter and/or other co-owners of the other apartments in the said Building that (i) the Purchaser shall observe, perform and fulfill the covenants, stipulations and obligations required to be performed by the Purchaser as mentioned in the Fourth Schedule hereunder written (ii) the Purchaser shall abide by the bye-laws/ rules/ regulations as may be applicable to the said Building from time to time and pay all taxes, duties, maintenance charges, electricity charges for common areas of the said Building as also of the Said SAC and all other outgoings in respect of the said Premises wholly and in respect of the common areas and portions of said Building proportionately and all other expenses incidental to the management of the said Building. Such payment shall be made by the Purchaser within Seven days of raising of bill(sxxxx(s) by the Vendor/Promoter/Maintenance Company/Association. (iii) the Purchaser shall use the said Apartment/Flat for residential purpose only and for no other purpose and (iv) the Purchaser shall not do any work which would jeopardise jeopardize the soundness or safety of the said premises and Residential cum Commercial Complex, reduce the value thereof or impair any easement nor shall the Purchaser add any material structure or excavate any additional basement or cellar without, in every such case, the approval of the Vendor/Promoter/ Maintenance Company/Association. (c) The Purchaser shall not do or cause to be done any act or thing nor shall omit to do any act, deed or thing whereby the rights of the Vendor/Promoter and/or the Purchaser of other premises in the said Building is prejudiced and affected in any manner whatsoever. (d) The Purchaser hereby agrees and undertakes to the Vendor/Promoter that the Purchaser shall bear and pay proportionately all common expenses payable by the Purchaser as may be determined and fixed by the Vendor/Promoter or the Maintenance Company or the Association, as the case may be. (e) The Purchaser is fully aware that the Vendor/Promoter has constructed several units/shops for commercial use in the said complex and for transferring the same to the intending transferees at such price and on such terms and conditions which the Vendor/Promoter in its sole discretion has deemed fit and proper. The Transferee or the intending Transferee of the commercial units shall enjoy the facilities and convenience of the said Complex including the common portions as decided by the Vendor/Promoter in its sole discretion. The Purchaser shall not, under any circumstances, raise any objection or hindrance thereto. (f) Vendor/Promoter shall bear all municipal taxes, rates, levies, surcharges and out goings of or on the said premises and appurtenances relating from the date of possession or registration of the Indenture in favour of the Purchaser whichever is earlier. Deemed date of possession shall mean days after issuance of “notice of possession / call for possession” for taking over of possession of his / her / its apartment in person or through agent or attorney irrespective of actual possession of the apartment has been taken or not.

Appears in 1 contract

Samples: Deed of Conveyance

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THE PURCHASER HEREBY COVENANTS AND AGREES WITH THE VENDOR. PROMOTER as follows:- (a) The Purchaser shall have proportionate undivided right over the common areas, facilities and amenities of the said Building as specified in the Third Schedule hereunder written. (b) The Purchaser for himself/herself/itself and his/her heirs, executors, administrators and assigns doth hereby covenant with the Vendor/Promoter and/or other co-owners of the other apartments in the said Building that (i) the Purchaser shall observe, perform and fulfill the covenants, stipulations and obligations required to be performed by the Purchaser as mentioned in the Fourth Schedule hereunder written (ii) the Purchaser shall abide by the bye-laws/ rules/ regulations as may be applicable to the said Building from time to time and pay all taxes, duties, maintenance charges, electricity charges for common areas of the said Building as also of the Said SAC and all other outgoings in respect of the said Premises wholly and in respect of the common areas and portions of said Building proportionately and all other expenses incidental to the management of the said Building. Such payment shall be made by the Purchaser within Seven days of raising of bill(sxxxx(s) by the Vendor/Promoter/Maintenance Company/Association. (iii) the Purchaser shall use the said Apartment/Flat for residential purpose only and for no other purpose and (iv) the Purchaser shall not do any work which would jeopardise the soundness or safety of the said premises and Residential cum Commercial Complex, reduce the value thereof or impair any easement nor shall the Purchaser add any material structure or excavate any additional basement or cellar without, in every such case, the approval of the Vendor/Promoter/ Maintenance Company/Association. (c) The Purchaser shall not do or cause to be done any act or thing nor shall omit to do any act, deed or thing whereby the rights of the Vendor/Promoter and/or the Purchaser of other premises in the said Building is prejudiced and affected in any manner whatsoever. (d) The Purchaser hereby agrees and undertakes to the Vendor/Promoter that the Purchaser shall bear and pay proportionately all common expenses payable by the Purchaser as may be determined and fixed by the Vendor/Promoter or the Maintenance Company or the Association, as the case may be. (e) The Purchaser is fully aware that the Vendor/Promoter has constructed several units/shops for commercial use in the said complex and for transferring the same to the intending transferees at such price and on such terms and conditions which the Vendor/Promoter in its sole discretion has deemed fit and proper. The Transferee or the intending Transferee of the commercial units shall enjoy the facilities and convenience of the said Complex including the common portions as decided by the Vendor/Promoter in its sole discretion. The Purchaser shall not, under any circumstances, raise any objection or hindrance thereto. (f) Vendor/Promoter shall bear all municipal taxes, rates, levies, surcharges and out goings of or on the said premises and appurtenances relating from the date of possession or registration of the Indenture in favour of the Purchaser whichever is earlier. Deemed date of possession shall mean days after issuance of “notice of possession / call for possession” for taking over of possession of his / her / its apartment in person or through agent or attorney irrespective of actual possession of the apartment has been taken or not.

Appears in 1 contract

Samples: Deed of Conveyance

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