Variable Nature of Land Share and Share In Common Portions. The Buyer fully comprehends and accepts that (1) the Land Share shall be the proportion which the built-up area of the Said Flat bears to the total built-up area of all the Flats in the Said Complex (2) if the area of the Said Block/Said Complex is recomputed by the Vendor, then and in such event, 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 covenants not to 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 and the Share In Common Portions (4) the Land Share and Share In Common Portions are not divisible and partible and (5) the Buyer shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Vendor, in its absolute discretion.
Appears in 2 contracts
Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement
Variable Nature of Land Share and Share In Common Portions. The Buyer fully comprehends and accepts that (1) the Land Share shall be the proportion which the built-up area of the Said Flat bears to the total built-up area of all the Flats in the Said Complex (2) if the area of the Said Block/Block/ Said Complex is recomputed by the VendorIdeal, then and in such event, 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 be entitled to and covenants not to demand any refund out of the Total Price paid by the Buyer on the ground of or by reason of any variation of the Land Share and the Share In Common Portions (4) the Land Share and Share In Common Portions are not divisible and partible and (5) the Buyer shall accept (without demur) the proportionate share with regard to various matters, as be determined by the VendorIdeal, in its absolute discretion.
Appears in 1 contract
Samples: Real Estate Purchase Agreement
Variable Nature of Land Share and Share In Common Portions. The Buyer Allottees fully comprehends and accepts that (1) the Land Share shall be In Common Areas is a notional proportion that the proportion which Said Apartment bears to the built-up currently proposed area of the Said Flat bears to the total built-up area of all the Flats in the Said Complex Block/Building/Real Estate Project (2) if the area of the Said Block/Said Complex Building/Real Estate Project is recomputed by the VendorOwners/Promoters, then and in such event, the Land Share and the Share In Common Portions Areas shall vary accordingly and proportionately and the Buyer Allottees shall not question any variation (including diminution) therein (3) the Buyer covenants Allottees shall not to demand any refund of the Total Price paid by the Buyer Allottees on the ground of or by reason of any variation of the Land Share In Common Areas and (4) the Share In Common Portions (4) the Land Share and Share In Common Portions Areas are not divisible and partible and (5) the Buyer Allottees shall accept (without demur) the proportionate share with regard to various matters, as be determined by the VendorOwners/Promoters, in its absolute discretion.
Appears in 1 contract
Samples: Sale Agreement
Variable Nature of Land Share and Share In Common Portions. The Buyer Allottee/Transferee fully comprehends and accepts that (1) the Land Share shall be In Common Areas is a notional proportion that the proportion which Said Unit bears to the built-up currently proposed area of the Said Flat bears to the total built-up area of all the Flats in the Said Complex Building/Real Estate Project (2) if the area of the Said Block/Said Complex Building/ Real Estate Project is recomputed by the VendorPromoter, then and in such event, the Land Share and the Share In Common Portions Areas shall vary accordingly and proportionately and the Buyer Allottee/Transferee shall not question any variation (including diminution) therein (3) the Buyer covenants Allottee/Transferee shall not to 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 In Common Areas and (4) the Share In Common Portions (4) the Land Share and Share In Common Portions Areas are not divisible and partible and (5) the Buyer Allottee/Transferee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the VendorPromoter, in its absolute discretion.
Appears in 1 contract
Samples: Transfer Agreement