Tower Common Portions definition
Examples of Tower Common Portions in a sentence
The common areas and facilities of the Phase II Project (being the respective Tower Common Portions of Tower Nos.
So long as the maintenance of the Urbana Common Portions are not taken over by the Federation ( Federation of all the associations in Project Urbana) and the Tower Common Portions are not taken over by the respective Association, the maintenance activities will be operated by the Assignor or through its Facility Maintenance Company (FMC) namely “Urbana Facility Maintenance Company Private Limited” having its office at ▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇.▇.
Pay proportionate maintenance charges payable in respect of maintenance of the Tower Common Portions and Urbana Common Portions at such rates as will be fixed by the Assignor or any other agency setup and/or nominated by the Assignor for the purpose of management and maintenance of the said Project Urbana.
Use and enjoy all the Township Common Portions, the Zonal Common Portions and the Tower Common Portions subject to such restrictions which the Transferor or any other agency set up by the Transferor or BDA for the purpose of management and maintenance of the Satellite Township, the Said Zone or the Said Tower in the interest of all.
The Assignor, on receipt of complete amount of the Price and the receivables as in respect of the said Apartment under the Agreement from the Assignee, shall execute a Deed of Assignment and convey leasehold interest in the said Apartment together with proportionate indivisible share in the Tower Common Portions and the Urbana Common Portion within 3 (three) months from the issuance of the completion certificate.
Not to claim any exclusive right, title and/or interest of whatsoever nature or kind over or in respect of the Zonal Common Portions or the Tower Common Portions or any part or portions of any of them.
In the event the Advisory Body recommends that the maintenance, management and upkeep of the Township Common Portions, Zonal Common Portions and/ or the Tower Common Portions is to be carried out by an association of all the owners of the several portions of the Satellite Township, then the Transferee shall become a member of such an association and par take in its affairs in the manner as decided by the Advisory Body.
Be deemed to have undertaken that though it has proportionate right title and or interest in the Zonal Common Portions and the Tower Common Portions, the maintenance and management of these will also be done by the FMC under the guidance of the Advisory Body and the Transferee shall have to pay proportionate charges for such management and maintenance to the FMC and the FMC may charge one consolidated amount for managing and maintaining the Township Co. Port.
Become and continue to remain a member of the association of the owners and occupiers of the Apartments of the Said Zone whether already formed or to be formed at the behest of the Transferor, hereinafter referred to as the "Association", for maintenance and management of the Zonal Common Portions and the Tower Common Portions.
The Assignee is made aware and has understood that the Assignee shall be liable to pay maintenance charges in respect of the both the Tower Common Portions and the Urbana Common Portions to both the respective Tower Association and the Federation in such proportion as may be decided by the Assignor and/or the FMC/association/federation on commencing operation.