Possession Notice definition

Possession Notice shall have the meaning ascribed to it in clause no. 7.2(c);
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Possession Notice and “Possession Date” shall have the meaning as set forth in Clause 8.1 herein;
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Possession Notice shall have the meaning ascribed to it in Clause 7.6 of the Agreement to Develop and Lease;
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Examples of Possession Notice in a sentence

  • In case the Allottee fails to take possession within the time provided in para 7.2 in the Possession Notice such Allottee shall be liable to pay maintenance charges as specified in para 7.2 from such date as notified in the Possession Notice (Deemed Possession).

  • The AO published the Possession Notice in the newspapers as required under the SARFAESI Act.

  • The Deposit under Item No. (i) shall be paid by the Allottee to the Promoter in terms of the Possession Notice.

  • Subject to the provision of Clause 9.6.1 above, on the Completion Date (which may include the Extended Period or the period required beyond the Extended Period due to Circumstances Of Force Majeure and other circumstances mentioned in Clause 9.5 above), the Developer shall serve a notice on the Buyer (Possession Notice) calling upon the Buyer to take exclusive physical possession.

  • It is understood by the Allottee that even if the Allottee fails to take possession of the Apartment within the Possession Period, the Allottee shall be deemed to have taken possession on the 61st day from the date of Possession Notice which date, for all purposes and irrespective of the actual date when the Allottee takes physical possession of the Apartment, will be deemed to be the Possession Date.


More Definitions of Possession Notice

Possession Notice shall have the meaning ascribed to such term in Clause 7.2 of this Agreement.
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Possession Notice shall have the meaning assigned to it under Clause 5.1hereinafter.
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Possession Notice shall have the meaning ascribed to such term under Clause 7.2 of the Agreement for Sale.
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Possession Notice shall have the meaning ascribed to it in 4.1(e);
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Possession Notice means the written notice addressed and delivered to the Society and its members by the Developer calling the Society and the Society members to take the possession of the new Residential Flats being allotted to them as per the terms and conditions of this Presents.
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Possession Notice. (See Section 3.1)
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Possession Notice shall have the meaning ascribed to such term in para/Clause
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