Transfer of Residential Common Areas/Common Area Sample Clauses

Transfer of Residential Common Areas/Common Area. The Allottee has understood and unconditionally and unequivocally and/or categorically accepts that the “title” of the entirety of the Residential Common Area/Common Area or as provided in this Agreement is to be conveyed/transferred to the association of Allottees as provided for in the Act and/or the Rules as also in clause 1.8 (2) above in due course of time. The Allottee, hereby, unconditionally and unequivocally agree and confirm that the Allottee shall, upon receiving a request from the Owner sign such deed of conveyance and/or give unconditional and unequivocal consent for such transfer of Residential Common Area/Common Area to the Association and the Allottee also agrees and confirms that such consent shall be and shall always be deemed to have been granted by the Allottee to the Owner. This obligation of the Allottee, as aforesaid, shall be an essential covenant to be unconditionally complied with by the Allottee in due course of time as and when required and shall be and shall always be deemed to be a covenant running with the land till it is complied with and/or be deemed to have been complied with by the Allottee.
Sample 1
AutoNDA by SimpleDocs
Transfer of Residential Common Areas/Common Area. The Allottee has understood and unconditionally and unequivocally and/or categorically accepts that the “title” of the entirety of the Residential Common Area/Common Area or as provided in this Agreement is to be conveyed/transferred to the association of Allottees as provided for in the Act and/or the Rules as also in clause 1.8 (2) above in due course of time. The Allottee, hereby, unconditionally and unequivocally agree and confirm that the Allottee shall, upon receiving a request from the Owner shall sign such deed of conveyance and/or give unconditional and unequivocal consent for such transfer of Residential Common Area/Common Area to the Association and the Allottee also agrees and confirms that such consent shall be and shall always be deemed to have been granted by the Allottee to the Owner. The Allottee further unconditionally confirms to bear the proportionate costs towards stamp duty and registration charges if so required to be proportionately borne and paid by the Allottee at the time of such transfer. This obligation of the Allottee, as aforesaid, shall be an essential covenant to be unconditionally complied with by the Allottee in due course of time as and when required and shall be and shall always be deemed to be a covenant running with the land till it is complied with and/or be deemed to have been complied with by the Allottee.
Sample 1

Related to Transfer of Residential Common Areas/Common Area

  • RIGHT OF ALLOTTEE TO USE COMMON AREAS AND FACILITIES SUBJECT TO PAYMENT OF TOTAL MAINTENANCE CHARGES The Allottee hereby agrees to purchase the [Apartment/Plot] on the specific understanding that is/her right to the use of Common Areas shall be subject to timely payment of total maintenance charges, as determined and thereafter billed by the maintenance agency appointed or the association of allottees (or the maintenance agency appointed by it) and performance by the Allottee of all his/her obligations in respect of the terms and conditions specified by the maintenance agency or the association of allottees from time to time.

  • Access to Premises Landlord, its agents, servants, or employees may enter the Premises at reasonable times with reasonable advance notice to Tenant (or an authorized employee of Tenant at the Premises), and at any time, upon reasonable notice to Tenant under the circumstances, in an emergency, to do the following: inspect the Premises; comply with all laws, orders, ordinances and requirements of any governmental unit or authority for which Landlord may be responsible under this Lease, if any; show the Premises to prospective lenders or purchasers and, during the ninety (90) days immediately prior to the expiration of this Lease if Tenant declines to renew for an additional term in accordance with the provisions of this Lease, to prospective tenants, but only if all such showings are accompanied by a representative of Tenant if so requested by Tenant; or post (on the Development, but not within or at the entrance of the Premises) for sale or for lease signs; provided; however, that all such entries shall be completed promptly in a good workmanlike manner so as to cause the least practical interference to Tenant’s business and Tenant’s use of the Premises. In all events, Landlord shall use commercially reasonable efforts to minimize interference with the Premises and Tenant’s business operations thereon. If Landlord’s entry materially and substantially interferes with the conduct of Tenant’s business and/or cause damage to Tenant’s property (and the entry is not needed because of Tenant’s default, negligence or willful misconduct), then in such event the rent and any sums due and payable as additional rents, shall xxxxx in proportion to the extent of the interference and Landlord shall be liable for any damage to Tenant’s property.

Time is Money Join Law Insider Premium to draft better contracts faster.