Common use of VENDOR SHALL NOT MORTGAGE OR CREATE A CHARGE Clause in Contracts

VENDOR SHALL NOT MORTGAGE OR CREATE A CHARGE. After the Vendor executes this Agreement they shall not mortgage or create a charge on the said Apartment and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage for charge shall not affect the right and interest of the Purchaser/Allottee(s) who has taken or agreed to take such Apartment.

Appears in 5 contracts

Samples: Sale Agreement, Sale Agreement, Not Specified

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VENDOR SHALL NOT MORTGAGE OR CREATE A CHARGE. After the Vendor executes this Agreement they it shall not mortgage or create a charge on the said Apartment [Apartment/ Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage for or charge shall not affect the right and interest of the Purchaser/Allottee(s) Purchaser who has taken or agreed to take such Apartment.

Appears in 3 contracts

Samples: Sale Agreement, Sale Agreement, Sale Agreement

VENDOR SHALL NOT MORTGAGE OR CREATE A CHARGE. After the Vendor executes this Agreement they Agreement, it shall not mortgage or create a charge on the said Apartment [Apartment/ Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage for or charge shall not affect the right and interest of the Purchaser/Allottee(s) Purchaser who has taken or agreed to take such Apartment.

Appears in 3 contracts

Samples: Sale Agreement, Sale Agreement, Sale Agreement

VENDOR SHALL NOT MORTGAGE OR CREATE A CHARGE. After the Vendor executes this Agreement they he shall not mortgage or create a charge on the said Apartment and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage for or charge shall not affect the right and interest of the Purchaser/Allottee(s) Allottee who has taken or agreed to take such Apartment.

Appears in 2 contracts

Samples: Sale Agreement, Sale Agreement

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VENDOR SHALL NOT MORTGAGE OR CREATE A CHARGE. After the Vendor executes this Agreement they it shall not mortgage or create a charge on the said Apartment Designated Unit and if any such mortgage or charge is made or created then notwithstanding anything any contained in any other law for the time being in force, such mortgage for or charge shall not affect the right and interest of the Purchaser/Allottee(s) Allottee who has taken or agreed to take purchase such ApartmentDesignated Unit.

Appears in 1 contract

Samples: Sale Agreement

VENDOR SHALL NOT MORTGAGE OR CREATE A CHARGE. After the Vendor Vendor/Developer executes this Agreement they he shall not mortgage or create a charge on the said Apartment [Flat/ Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage for charge shall not affect the right and interest of the Purchaser/Allottee(sPurchaser(s) who has taken or agreed to take such Apartment[Flat/ Building].

Appears in 1 contract

Samples: Agreement for Sale

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