Common use of Variable Nature of Land Share and Share In Common Portions Clause in Contracts

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 Cluster/Said Complex (2) if the area of the Said Building/Said Cluster/Said Complex/Said Club is recomputed by the Developer or if the Developer integrates/adds (notionally or actually) Other Siddha Projects to the Said Property (which the Developer shall have full right to do and which right is hereby unconditionally accepted by the Buyer), 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 Developer, in its absolute discretion.

Variable Nature of Land Share and Share In Common Portions. The Buyer Allottee/Transferee fully comprehends and accepts that (1) the Land Share, the Share In in Common Portions and the share in the Said Club land is a notional proportion that the Said Flat Shop/Apartment bears to the currently proposed area of the Said Building/Said Cluster/Said Complex (2) if the area of the Said Building/Said Cluster/Said Complex/Said Club Complex is recomputed by the Developer or if and the Developer integrates/adds (notionally or actually) Other Siddha Projects to the Said Property Transferor (which the Developer and the Transferor shall have full right to do and which right is hereby unconditionally accepted by the BuyerAllottee/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 and the share in the Said Club shall vary accordingly and proportionately and the Buyer Allottee/Transferee shall not question any variation (including diminution) therein (3) the Buyer Allottee/Transferee shall not demand any refund of the Total Price paid by the Buyer Allottee/Transferee 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 share in Common Portions and the share in the Said Club land are not divisible and partible and the Buyer Allottee/Transferee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Developer, in its absolute discretion.. Allottee/Transferee shall never claim right of preemption over any portion or any of the transfers over the instant property;

Variable Nature of Land Share and Share In Common Portions. The Buyer Allottees fully comprehends comprehend and accepts accept that (1) the Land Share, Share and 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 Cluster/Said Complex , (2) if the area of the Said BuildingBuilding is increased/Said Cluster/Said Complex/Said Club is recomputed by the Developer or if the Developer integrates/adds (notionally or actually) Other Siddha Projects to the Said Property (which the Developer shall have full right to do and which right is hereby unconditionally accepted by the Buyer), then the Land SharePromoter, the Share In Common Portions and the share in the Said Club shall vary accordingly and proportionately and the Buyer Allottee shall not question any variation (including diminution) therein of the Land Share and the Share In Common Portions, (3) the Buyer Allottee shall not demand any reduction/refund of the Total Price paid by the Buyer on the ground of or by reason of any variation of the Land Share, Share and the Share In Common Portions and the share in the Said Club and (4) the Land Share, Share and the Share In Common Portions and the share in the Said Club are not divisible and partible and the Buyer Allottee shall accept accepts (without demur) the proportionate share with regard to various matters, as be determined by the DeveloperPromoter, in its absolute discretion. The Allottee have understood the fact that there may be requirements of modifications/changes which may result in variation of the Land Share and Share In Common Portions to which the Allottee shall be deemed to have given their unconditional consent for all such modifications/changes subject to compliance of the Act and so long as such changes do not prejudicially affect the flat/unit allotted to the Allottee and/or agreed to be sold to the Allottee under this Agreement.

Variable Nature of Land Share and Share In Common Portions. The Buyer Transferee fully comprehends and accepts that (1) the Land Share, the Share In in Common Portions and the share in the Said Club is a notional proportion that the Said Flat Shop/Apartment bears to the currently proposed area of the Said Building/Said Cluster/Said Complex (2) if the area of the Said Building/Said Cluster/Said Complex/Said Club Complex is recomputed by the Developer or if and the Developer integrates/adds (notionally or actually) Other Siddha Projects to the Said Property Transferor (which the Developer and the Transferor shall have full right to do and which right is hereby unconditionally accepted by the BuyerTransferee) 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 Transferee), then the Land Share, the Share In Common Portions and the share in the Said Club shall vary accordingly and proportionately and the Buyer Transferee shall not question any variation (including diminution) therein (3) the Buyer Transferee shall not demand any refund of the Total Price paid by the Buyer Transferee 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 Transferee 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 Buyer fully comprehends and accepts that Buyer(s) covenants that: (1) the Buyer(s) fully understand, appreciate and accept that the Land Share, Share and the Share In in Common Portions and has been arrived at on a very rough estimation of 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 Cluster/Building and the Said Complex (2) and if the area of the Said Building/Building and the Said Cluster/Said Complex/Said Club Complex is increased / recomputed by the Developer or if the Developer integrates/adds (notionally or actually) Other Siddha Projects to the Said Property / Promoter (which the Developer / Promoter shall have full right to do and which right is hereby unconditionally accepted by the BuyerBuyer(s)), then the Land Share, Share and the Share In Common Portions and the share in the Said Club shall vary accordingly and proportionately and proportionately, (2) the Buyer Buyer(s) shall not question any variation (including diminution) therein of the Land Share and the Share In Common Portions as decided by the Developer / Promoter, (3) the Buyer Buyer(s) shall not demand any refund of the Total Price Consideration paid by the Buyer Buyer(s) on the ground of or by reason of any variation of the Land Share, Share and the Share In in Common Portions and the share in the Said Club and and (4) the Buyer(s) fully understand, appreciate and accept that the Land Share, Share and the Share In in Common Portions and the share in the Said Club are is not divisible and partible and the Buyer partiable. The Buyer(s) shall accept accepts (without demur) the proportionate share with regard to various matters, as be determined by at the Developer, in its absolute discretiondiscretion of the Developer / Promoter.