Undivided Share of Land definition

Undivided Share of Land means the undivided proportionate share of the land on which the Said Complex is being developed excluding the Common Land Area calculated in proportion to the super area of the Dwelling Unit to the total super area of all the dwelling units, other buildings, shops etc.
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Undivided Share of Land means the undivided proportionate share of the land on which the Said Project is being developed excluding the Common Land Area calculated in proportion to the Super Area of the Said Apartment to the total super area of all the apartments, other buildings, etc., including the club. For all intents and purposes and for the purpose of the terms and conditions setout in this Application, singular includes plural and masculine includes feminine and other gender.
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Examples of Undivided Share of Land in a sentence

  • The Applicant agrees that NBCC may, at its sole discretion and for the purpose of complying with the provisions of the Act or any other applicable laws, substitute the method of calculating the Undivided Share of Land in any declaration with respect to the Dwelling Unit.

  • Subject to the other terms and conditions of this Application/ Ag reement, on and after the payment of the Total Price and other charges and dues as per the Application/ Agreement, the Applicant shall have the i) ownership of the dwelling unit area; ii) the Undivided Share of Land; iii) undivided interest and the common right to use common area and facilities along with the other owners and; iv) exclusive use of the Parking Spaces.

  • The Applicant agrees that the Company may in its sole discretion and for the purpose of complying with the provisions of the Act or any other applicable laws substitute the method of calculating the Undivided Share of Land in any declaration with respect to the Dwelling Unit.

  • The Applicant agrees that NBCC may in its sole discretion and for the purpose of complying with the provisions of the Act or any other applicable laws substitute the method of calculating the Undivided Share of Land in any declaration with respect to the Dwelling Unit.

  • Out of 84.02 acres, lands admeasuring 8.14 acres have been gifted in favour of Pudupakkam Village Panchayat and Padur Village Panchayat towards open space requirements and the remaining land of 75.88 acres is available for sale as part of Undivided Share of Land (UDS) as and when the residential apartments are sold.

  • Undivided Share of Land" means the undivided proportionate share of the land on which the Said Complex is being developed excluding the Common Land Area calculated in proportion to the super area of the Dwelling Unit to the total super area of all the dwelling units, other buildings, shops etc.For all intents and purposes and for the purpose of the terms and conditions set out in this application, singular includes plural and masculine includesfeminine gender.

  • Ref Rule 27 Open Market Value of1) Undivided Share of Land received by builder2) Market Value of Apartments transferred to Landowner3.Developer– End CustomerEarliest of Actual Money received / Receivable.4.Land Owner– End CustomerEarliest ofActual Money received / Receivable.

  • Subject to the other terms& conditions of this application/ agreement, on and after the payment of the Total Price and other charges and dues as per the Application/ Agreement, the Applicant shall have the (i) Ownership of the dwelling unit area; (ii) the Undivided Share of Land; (iii) undivided interest and the common right to use common area and facilities alongwith the other owners and; (iv) exclusive use ofthe Parking spaces if purchased and allotted to the Applicant.

  • Current source approval will not be interrupted during the review process.

  • Description and full particulars of the Secured Assets Description of the Secured AssetsReserve Price (Rs.) 1 To be retained if applicableand deposit amount House Tax) (including common area) situated at Pallikaranai Village, Meenakshipuram 2nd Street, Comprised in Survey No.629 as per Patta Survey No.629/53,bearing Plots 63,64 & 65, admeasuring an extent of 400 Sq.Ft., Undivided Share of Land out of 7200 Sq.Ft.,in Sholinganallur Taluk, Kanceepuram District.

Related to Undivided Share of Land

  • Undivided profits means the accumulated undistributed net profits of a state bank, including any residue from the fund established pursuant to section 524.401, subsection 4, after:

  • Participating Interest is defined in Section 1.2(d) hereof.

  • Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Percentage Interest means, with respect to each Note Holder, a fraction, expressed as a percentage, the numerator of which is the Note Principal Balance of the Note held by such Note Holder and the denominator of which is the sum of the Note Principal Balances of all of the Notes.

  • Pro Rata Share As to any Distribution Date, the Subordinated Principal Distribution Amount and any Class of Subordinated Certificates, the portion of the Subordinated Principal Distribution Amount allocable to such Class, equal to the product of the Subordinated Principal Distribution Amount on such Distribution Date and a fraction, the numerator of which is the related Class Certificate Balance thereof and the denominator of which is the aggregate of the Class Certificate Balances of the Subordinated Certificates.

  • Percentage Share means the percentage of the Aggregate Commitments to be provided by a Lender under this Agreement as indicated on Annex I hereto, as modified from time to time to reflect any assignments permitted by Section 12.06(b).