Allottee definition
Allottee means a successful Bidder to whom the Equity Shares are Allotted;
Allottee means the Applicant(s) who has agreed to abide by these Standard Terms & Conditions and has been provisionally allotted the Said Premises by the Company at Jaypee Greens Sports City. The term “Allottee" shall, unless it be repugnant to the context or meaning thereof, be construed to mean and include his/their representatives, successors, executors and permitted assigns;
Allottee means one or more Allottees named above and include:-
a. in case of an individual, his/her heirs executors administrators legal representatives and/or assigns;
b. in case of a HUF, its members for the time being their respective heirs executors administrators legal representatives and/or assigns;
c. in case of a partnership firm or LLP, its partners for the time being their respective heirs executors administrators legal representatives and/or assigns and in case of LLP shall also include its successors or successors-in-office and/or assigns;
d. in case of a Company, its successors or successors-in-office and/or assigns;
e. in cases not falling within any of the above categories, the constituent of the Allottee as its nature and character permits and their heirs legal representatives or successors as the case may be and/or assigns.
Examples of Allottee in a sentence
The Allottee shall be responsible for any loss or damages arising out of breach of any of the aforesaid conditions.
After refund of the money paid by the Allottee, the Allottee agrees that he/ she shall not have any rights, claims etc.
The Allottee shall keep the Promoter fully indemnified and harmless in this regard.
In case the Allottee fails to comply with the essential documentation, undertaking, etc.
The Allottee understands and agrees that in the event of any failure on his/ her part to comply with the applicable guidelines issued by the Reserve Bank of India, he/ she may be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.
More Definitions of Allottee
Allottee. , in relation to an apartment, means the person to whom such apartment has been allotted, sold or otherwise transferred by the promoter;
Allottee means the Applicant(s) who has/ have applied for Provisional Allotment of a unit and have agreed to abide by these Standard Terms & Conditions and has been provisionally allotted the Said Premises by the Company at Jaypee Greens. The term “Allottee” shall, unless it be repugnant to the context or meaning thereof, be construed to mean and include his/their representatives, successors, executors and permitted assigns;
Allottee shall hereinafter, collectively, be referred to as the “Parties” and individually as a “Party”)
Allottee means a person to whom an Allotment Letter has been issued by way of a method of conveyance as approved and/ or permitted by the Authority.
Allottee means one or more Allottees named above and include:
(i) in case of an individual/individuals, his/her/their respective heirs, executors, administrators, legal representatives and/or permitted assigns;
(ii) in case of a hindu undivided family, its members for the time being, their respective heirs, executors, administrators, legal representatives and/or permitted assigns;
(iii) in case of a partnership firm, its partners for the time being, their respective successors and/or heirs, executors, administrators, legal representatives as the case may be and/or permitted assigns;
(iv) in case of a company or limited liability partnership, its successor or successors-in-interest and/or permitted assigns;
(v) in cases not falling within any of the above categories, the constituent of the Allottee as its nature and character permits and shall include its/their respective successors and/or permitted assigns;
Allottee shall hereinafter, collectively, be referred to as the “Parties” and individually as a “Party” For the purpose of this Agreement for Sale, unless the context otherwise requires-
Allottee in relation to a real estate project, means the person to whom a plot, apartment or building, as the case may be, has been allotted, sold (whether as freehold or leasehold) or otherwise transferred by the promoter, and includes the person who subsequently acquires the said allotment through sale, transfer or otherwise but does not include a person to whom such plot, apartment or building, as the case may be, is given on rent;