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 28 contracts

Samples: Sale Agreement, Sale Agreement, Sale Agreement

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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 17 contracts

Samples: Sale Agreement, Agreement for Sale, Sale Agreement

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 authority and towards handing over the Apartment to the Allottee and the common areas to the association of the allottees or the competent authority, after receiving the occupancy certificate or the completion certificate or both, 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 15 contracts

Samples: Sale Agreement, Sale Agreement, Sale Agreement

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. 17.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 9 contracts

Samples: Sale Agreement, Sale Agreement, 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 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 7upon its formation and registration. 1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 8 contracts

Samples: Agreement for Sale, Sale Agreement, 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. 17.1. 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: Sale Agreement, Sale Agreement, Sale 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 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, subject to force major as describe in 7. 15.2. Similarly 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 6 contracts

Samples: Sale Agreement, Sale Agreement, Sale Agreement

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: Sale Agreement, Sale Agreement, 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 / 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 7upon its formation and registration. 1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 4 contracts

Samples: Sale Agreement, Sale Agreement, 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 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 7upon its formation and registration. 1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 4 contracts

Samples: Sale Agreement, Sale Agreement, Transfer 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: Sale Agreement, Sale Agreement, Sale 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/it under the Agreement.

Appears in 3 contracts

Samples: Sale Agreement, Sale Agreement, 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 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 3 contracts

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

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: Sale Agreement, Sale Agreement

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: Sale Agreement, Sale Agreement

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 & demanded.in

Appears in 2 contracts

Samples: Sale Agreement, Sale Agreement

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: Sale Agreement, Sale Agreement

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 1 contract

Samples: Sale Agreement

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 [Apartment/Plot] to the Allottee and the common areas to the association of the 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 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-C) as and when due & demanded[scheduleC].

Appears in 1 contract

Samples: Sale Agreement

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 Unit 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: 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 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: Sale Agreement

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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: Agreement for Sale

TIME IS ESSENCE. (a) The Promoter shall abide by the time schedule for completing competing 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 Aloottee and the common areas to the association of allottees Maintenance Society or the competent authority, as the case may be, subject to force major as describe in 7. 1. Similarly the (b) The Allottee shall pay all accounts payable abide by the time schedule for making payment as per payment Plan (Schedule-C) as plan and when due & demandedother terms and conditions of this agreement.

Appears in 1 contract

Samples: Sale Agreement

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 [Apartment/Plot] to the Allottee and the common areas to the association of the 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 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 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/ 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: Sale Agreement

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

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

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 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, subject to force major as describe in 7. 15.2. Similarly the Allottee shall pay also be liable to make payments and discharge all accounts payable as per payment Plan (Schedule-C) as and when due & demandedthe obligations by the Time schedule agreed upon between the parties to enable completion of the Project.

Appears in 1 contract

Samples: Agreement for Sale

TIME IS ESSENCE. The Promoter shall abide by the time schedule for completing the project Phase of the Project as disclosed at the time of registration of the project Phase of the Project with the Authority and towards handing over the Apartment Unit to the Allottee Allottee/Sub-lessee and the common areas to the association of allottees Allottee/Sub-lessees or the competent authority, as the case may be, subject to force major as describe in 7. 1. Similarly the Allottee Allottee/Sub-lessee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 1 contract

Samples: Lease Agreement

TIME IS ESSENCE. The Promoter shall take steps to 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 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 installments and other dues payable by him and comply with the other obligations under this Agreement subject to the simultaneous completion of construction by the Promoter as per payment Plan (Schedule-provided in Schedule “C) as and when due & demanded.

Appears in 1 contract

Samples: Sale Agreement

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. 17.1. Similarly the Allottee shall pay all accounts payable as per payment Plan (Schedule-C) as and when due & demanded.

Appears in 1 contract

Samples: Sale Agreement

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: Sale Agreement

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: Sale Agreement

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: Sale Agreement

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