Common use of TIME IS ESSENCE Clause in Contracts

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment to the Allottee and the common areas to the association of allottees or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 36 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

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TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Apartment plot to the Allottee and the common areas to the association of allottees or the competent authorityAllottee. Similarly, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts make timely payments of the instalment and other dues payable by him/her and meeting the other obligations under the Agreement subject to the simultaneous completion of construction by the Promoter as per payment provided in Payment Plan (Schedule-[schedule C) as and when due & demanded].

Appears in 15 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment to the Allottee and the common areas to the association of allottees or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly Similarly, the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 7 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Said Apartment to the Allottee and the common areas Common Areas of the Real Estate Project (described in Schedule E below) to the association of allottees or the competent authorityallottees, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as upon its formation and when due & demandedregistration.

Appears in 7 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as projectas disclosed at the time of registration of the project Project with the Authority and towards handing over the Apartment to plotto the Allottee and the common areas to the association of allottees or the competent authorityAllottee. Similarly, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts make timely payments of the instalment and other dues payable by him/her and meeting the other obligations under the Agreement subject to the simultaneous completion of construction by the Promoter as per payment provided in Payment Plan (Schedule-[schedule C) as and when due & demanded].

Appears in 5 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Said Apartment to the Allottee / Purchaser and the common areas Common Areas of the Real Estate Project (described in Schedule E below) to the association of allottees or the competent authority/ Purchaser, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as upon its formation and when due & demandedregistration.

Appears in 4 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Said Apartment to the Allottee and Allotteeand the common areas Common Areas of the Real Estate Project (described in Schedule E below) to the association of allottees or the competent authorityallottees, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as upon its formation and when due & demandedregistration.

Appears in 4 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the said Apartment to the Allottee and the common areas to the association Association of allottees or the competent authority, as the case may be. Similarly, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts make timely payments of the installments and other dues payable by him/her and meeting the other obligations under the Agreement subject to simultaneous completion of construction by the promoter as per payment Plan provided in the Schedule ‘C’ (Schedule-C) as and when due & demandedPayment Plan).

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement for Sale

TIME IS ESSENCE. 5.1 The Promoter shall abide by the time schedule for completing the project Project, as disclosed at the time of registration of the project Project with the Authority competent authority under the Act and towards handing over the Apartment to the Allottee and the common areas Common Areas to the association of allottees or the competent authorityAssociation, as the case may be. Similarly, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts make timely payments of the instalments and other Dues payable as per payment Plan (Schedule-C) as and when due & demandedby him/her/it under the Agreement.

Appears in 3 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment to the Allottee Allotteeprovided all the payments have been made within time and the common areas to the association of allottees Allottees (subject to its formation and registration or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project Project with the Authority authority and towards handing over the Apartment to the Allottee and the common areas Common Areas to the association Association of allottees the allottees(upon its registration) or the competent authority, ,after receiving the completion certificate (if and as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demandedapplicable).

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Allotted Apartment to the Allottee and the common areas Project to the association Association of allottees or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly Apartment Acquirers and the Allottee shall pay all accounts payable abide by the time schedule for payment in the manner as per payment Plan (Schedule-C) as and when due & demandedstated in the Eighth Schedule hereunder written.

Appears in 2 contracts

Samples: Agreement for Sale, 202.61.117.163

TIME IS ESSENCE. The Promoter Promoter/Developer shall abide by the time schedule for completing the project within the validity of Sanction building plan as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment to the Allottee Allottee/s and the common areas to the association of allottees all allottee/s or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment to the Allottee and the common areas to the association of allottees or the competent authority, as the case may be, subject to force major as majoras describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & &demanded.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment to the Allottee and the common areas to the association of allottees or the competent authorityauthority after receiving the Occupancy Certificate or Completion Certificate, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment to the Allottee and the common areas to the association of allottees or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly the The Allottee shall pay all accounts payable abide by the time schedule for payments as per payment mentioned in the Payment Plan (Schedule-C) as and when due & demandedin Schedule C of this agreement.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule Schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Said Apartment to the Allottee Allottees and the common areas Common Areas of the Real Estate Project (described in Schedule E below) to the association of allottees or the competent authorityAllottees, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as upon its formation and when due & demandedregistration.

Appears in 2 contracts

Samples: Agreement, Agreement

TIME IS ESSENCE. 5.1 The Promoter shall abide by the time schedule for completing the project Project, as disclosed at the time of registration of the project Project with the Authority competent authority under the Act and towards handing over the Apartment to the Allottee and the common areas Common Areas to the association of allottees or the competent authorityAssociation, as the case may be. Similarly, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts make timely payments of the instalments and other Dues payable as per payment Plan (Schedule-C) as and when due & demandedby him/her under the Agreement.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Apartment to the Allottee and the common areas to the association of allottees or the competent authorityallottees. Similarly, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts make timely payments of the instalment and other dues payable by him/her and meeting the other obligations under the Agreement subject to the simultaneous completion of construction by the Promoter as per payment provided in Payment Plan (Schedule-[schedule C) as and when due & demanded].

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment to the Allottee provided all the payments have been made within time and the common areas to the association of allottees Allottees (subject to its formation and registration or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

TIME IS ESSENCE. The Promoter No.2 shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment Villament to the Allottee Allottee/s and the common areas to the association of allottees Allottee/s or the competent authority, as the case may be. Similarly, subject the Allottee/s shall make timely payments of Total Value to force major Promoter No.2 as describe in 7.1. Similarly the Allottee per Schedule –D (Payment Plan); and shall pay all accounts payable as per payment Plan (Schedule-C) as other dues and when due & demandedmeet other obligations under this Agreement on time.

Appears in 1 contract

Samples: Agreement of Sale

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TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment to the Allottee and the common areas to the association of allottees or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demandeddemanded by the developer.

Appears in 1 contract

Samples: Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Apartment to the Allottee and the common areas to the association Association of allottees or the competent authority, as the case may be. Similarly, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts make timely payments of the installment and other dues payable by him/her and meeting the other obligations under the Agreement subject to the simultaneous completion of construction by the Promoter as per payment Plan provided in Schedule C (Schedule-C) as and when due & demanded"Payment Plan").

Appears in 1 contract

Samples: 202.61.117.163

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Apartment Apartment/ Flat to the Allottee and Allottee/s after receiving the common areas to the association of allottees occupancy certificate* or the competent authoritycompletion certificate or both, as the case may be. Similarly, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts make timely payments of the installment and other dues payable by him/her and meeting the other obligations under the Agreement subject to the simultaneous completion of construction by the Promoter as per payment Plan provided in Schedule C (Schedule-C) as and when due & demanded."Payment Plan")..

Appears in 1 contract

Samples: Agreement for Sale

TIME IS ESSENCE. The Promoter Promoter/Developer shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment to the Allottee Allottees and the common areas to the association of all allottees or the competent authority, as the case may be. Similarly, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts make timely payments of the installment and other dues payable by him/her and meeting the other obligations under the Agreement subject to the simultaneous completion of construction by the Promoter as per payment Plan provided in Schedule C (Schedule-C) as and when due & demanded"Payment Plan").

Appears in 1 contract

Samples: Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Apartment alongwith one two xxxxxxx parking space to the Allottee and the common areas to the association Association of allottees Allottees or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-Cprovided under Rule 2(1)(f) as and when due & demanded.of Rules..

Appears in 1 contract

Samples: Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Apartment Apartment/ PlotUnit to the Allottee Allottee(s) and the common areas to the association of allottees respective Mmaintenance Ssociety or the competent authority, as the case may bemaybe. Similarly, subject to force major as describe in 7.1. Similarly the Allottee Allottee(s) shall pay make the timely payment of all accounts payable instalments as per the Payment Plan. Timely payment Plan (Schedule-Cof Total Price and other payment / charges by the Allottee(s) as and when due & demandedper this Agreement shall be the essence of this Agreement.

Appears in 1 contract

Samples: rera.rajasthan.gov.in

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment to the Allottee and the common areas to the association of allottees allotees or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 1 contract

Samples: Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project theproject as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment to the Allottee and the common areas to the association of allottees or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 1 contract

Samples: Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Said Apartment for residential usage along with parking to the Allottee Allottee(s) and the common areas Common Areas to the association of allottees or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-Cprovided under Rule 2(1)(f) as and when due & demandedof Rules, 2017.

Appears in 1 contract

Samples: Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Project as to be disclosed at the time of registration of the project Project with the Authority and towards handing over the Allotted Apartment to the Allottee and the common areas to the association Association of allottees or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly Apartment Acquirers and the Allottee shall pay all accounts payable abide by the time schedule for payment in the manner as per payment Plan (Schedule-C) as and when due & demandedstated in the Third Schedule hereunder written.

Appears in 1 contract

Samples: 202.61.117.163

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project as disclosed at the time of registration of the project with the Authority and towards handing over the Apartment Shop to the Allottee and the common areas to the association of allottees or the competent authority, as the case may be, subject to force major as describe in 7.1. Similarly the Allottee shall strictly abide by the Payment Schedule as detailed in the Payment Plan Schedule C annexed herewith and the Allottee shall be liable to pay all accounts the due amount payable as per payment Plan (Schedule-C) as and when due & demandedat every Milestone of the construction of the Shop.

Appears in 1 contract

Samples: Agreement for Sale Vardhman Medical

TIME IS ESSENCE. The Developer/Promoter shall abide by the time schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Apartment to the Allottee Allottee(s) and the common areas to the association Association of allottees Allottees or the competent authority, as the case may be, subject to force major Force Majeure as describe in Para - 7.1. Similarly the Allottee Allottee(s) shall pay all accounts payable as per payment Payment Plan (Schedule-Schedule - C) as and when due & demanded.

Appears in 1 contract

Samples: Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Project as disclosed at the time of registration of the project Project with the Authority and towards handing over the Apartment to the Allottee and the common areas to the association of allottees or the competent authority, as the case may be. Similarly, subject to force major as describe in 7.1. Similarly the Allottee shall pay all accounts make timely payments of the installment and other dues payable by him/her and meeting the other obligations under the Agreement subject to the simultaneous completion of construction by the Promoter as per payment Plan provided in Schedule C (Schedule-C) as and when due & demanded“Payment Plan”).

Appears in 1 contract

Samples: Agreement for Sale

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