Variable Nature of Land Share and Share Sample Clauses

Variable Nature of Land Share and Share. In Common Portions: The Allottee fully comprehend and accept that (1) the Land Share and the Share In Common Portions is a notional proportion that the Apartment bears to the currently proposed area of the Said Block (2) if the area of the Said Block is increased/recomputed by the Promoter, the Allottee shall not question any variation (including diminution) of the Land Share and the Share In Common Portions (3) the Allottee shall not demand any reduction/refund of the Total Price on ground of or by reason of any variation of the Land Share and the Share In Common Portions and (4) the Land Share and the Share In Common Portions are not divisible and partible and the Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.
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Variable Nature of Land Share and Share. In Common Portions: The Allottee fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Apartment bears to the currently proposed area of the Said Block/Building/Real Estate Project (2) if the area of the Said Block/Building/ Real Estate Project is recomputed by the Promoter, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein (3) the Allottee shall not demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.
Variable Nature of Land Share and Share. In Common Portions : (1) The Purchasers fully comprehends and accepts that the Land Share and the Share In Common Portions is a notional proportion that the Said Property bear to the currently proposed area of the Said building complex, (2) the Purchasers fully comprehends and accepts that if the area of the Said building complex is increased/recomputed by the Developer or if the Developer integrates/adds (Notionally or actually) adjacent lands and premises to the Said Property and the Said building complex (which the Developer shall have full right to do and which right is hereby unconditionally accepted by the Purchasers), then the Land Share and the Share In Common Portions shall vary accordingly and proportionately, (3) the Purchasers shall not question any variation (including diminution) of the Land Share In Common Portions as decided by the Developer, (4) the Purchasers shall not demand any refund of the Net Price paid by the Purchasers on ground of or by reason of any variation of the Land Share and the Share In Common Portions and (5) the Purchasers fully comprehends and accepts that the Land Share and the Share In Common Portions is not divisible and partible. The Purchasers shall accepts (without demur) the proportionate share with regard to various matters, as be determined at the absolute discretion of the Developer.
Variable Nature of Land Share and Share. In Common Portions: The Buyer fully comprehends and accepts that (1) the Land Share and the Share In Common Portions is a notional proportion that the Said Flat bears to the currently proposed area of the Said Building (2) if the area of the Said Building is recomputed by the Developer, integrate or add (notionally or actually) any adjacent land to the Said Property (which the Developer shall have full right to do and which is hereby unconditionally accepted by the Buyer), then the Land Share, and the Share In Common Portions shall vary accordingly and proportionately and the Buyer shall not question any variation (including diminution) therein (3) the Buyer shall not demand any refund of the Total Consideration paid by the Buyer on the ground of or by reason of any variation of the Land Share and the Share In Common Portions and (4) the Land Share and the Share In Common Portions are not divisible and partible and the Buyer shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Developer, in its absolute discretion.
Variable Nature of Land Share and Share. In Common Portions: The Allottee/Transferee fully comprehends and accepts that (1) the Land Share, the Share in Common Portions and the share in the Said Club is a notional proportion that the Said Shop/Apartment bears to the currently proposed area of the Said Building/Said Complex (2) if the area of the Said Building/Said Complex is recomputed by the Developer and the Transferor (which the Developer and the Transferor shall have full right to do and which right is hereby unconditionally accepted by the Allottee/Transferee) or if the Developer and the Transferor integrate/add (notionally or actually) other lands to the Said Property (which the Developer and the Transferor shall have full right to do and which right is hereby unconditionally accepted by the Allottee/Transferee), then the Land Share, the Share In Common Portions shall vary accordingly and proportionately and the Allottee/Transferee shall not question any variation (including diminution) therein
Variable Nature of Land Share and Share. In Common Portions: The Buyer fully comprehends and accepts that (1) the Land Share, the Share In Common Portions and the share in the Said Club is a notional proportion that the Said Flat bears to the currently proposed area of the Said Building/Said Phase/Said Complex (2) if the area of the Said Building/Said Phase/Said Complex/Said Club is recomputed by the Owner , then the Land Share, the Share In Common Portions and the share in the Said Club shall vary accordingly and proportionately and the Buyer shall not question any variation (including diminution) therein (3) the Buyer shall not demand any refund of the Total Price paid by the Buyer on the ground of or by reason of any variation of the Land Share, the Share In Common Portions and the share in the Said Club and (4) the Land Share, the Share In Common Portions and the share in the Said Club are not divisible and partible and the Buyer shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Owner, in its absolute discretion.

Related to Variable Nature of Land Share and Share

  • Delivery of Merger Consideration (a) Upon surrender to the Exchange Agent of its Certificate(s) or Book-Entry Share(s), accompanied by a properly completed Letter of Transmittal, a Holder will be entitled to receive the Merger Consideration and any cash in lieu of fractional shares of CenterState Common Stock to be issued or paid in consideration therefor in respect of the shares of Sunshine Common Stock represented by such Holder’s Certificates or Book-Entry Shares. The Exchange Agent and CenterState, as the case may be, shall not be obligated to deliver cash and/or shares of CenterState Common Stock to a Holder to which such Holder would otherwise be entitled as a result of the Merger until such Holder surrenders the Certificates or Book-Entry Shares representing the shares of Sunshine Common Stock for exchange as provided in this Article II, or, an appropriate affidavit of loss and indemnity agreement and/or a bond in such amount as may be required in each case by CenterState or the Exchange Agent. (b) All shares of CenterState Common Stock to be issued pursuant to the Merger shall be deemed issued and outstanding as of the Effective Time and if ever a dividend or other distribution is declared by CenterState in respect of the CenterState Common Stock, the record date for which is at or after the Effective Time, that declaration shall include dividends or other distributions in respect of all shares of CenterState Common Stock issuable pursuant to this Agreement. No dividends or other distributions in respect of the CenterState Common Stock shall be paid to any holder of any unsurrendered Certificate or Book-Entry Share until such Certificate or Book-Entry Share is surrendered for exchange in accordance with this Article II. Subject to the effect of applicable Laws, following surrender of any such Certificate or Book-Entry Share, there shall be issued and/or paid to the holder of the certificates representing whole shares of CenterState Common Stock issued in exchange therefor, without interest, (i) at the time of such surrender, the dividends or other distributions with a record date after the Effective Time theretofore payable with respect to such whole shares of CenterState Common Stock and not paid and (ii) at the appropriate payment date, the dividends or other distributions payable with respect to such whole shares of CenterState Common Stock with a record date after the Effective Time but with a payment date subsequent to surrender. (c) CenterState (through the Exchange Agent, if applicable) shall be entitled to deduct and withhold from any amounts otherwise payable pursuant to this Agreement to any Holder such amounts as CenterState is required to deduct and withhold under applicable Law. Any amounts so deducted and withheld shall be remitted to the appropriate Governmental Authority and upon such remittance shall be treated for all purposes of this Agreement as having been paid to the Holder in respect of which such deduction and withholding was made by CenterState or the Exchange Agent, as applicable.

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