NOMINATION BY ALLOTTEE WITH CONSENT. The Allottee admits and accepts that after the Lock in period and before the execution and registration of conveyance deed of the said Apartment, the Allottee will be entitled to nominate, assign and/or transfer the Allottee’s right, title, interest and obligations under this Agreement subject to the covenant by the nominee that the nominee will strictly adhere to the terms of this Agreement and subject also to the following conditions:
NOMINATION BY ALLOTTEE WITH CONSENT. The Allottee admits and accepts that before execution and registration of Conveyance deed of the Said Apartment And Appurtenances, the Allottee shall be entitled to nominate, assign and/or Transfer the Allottee’s right, title, interest and obligations under this Agreement on payment of 5% (five percent) of the market price in respect of the said apartment and appurtenances as may be prevailing at that time (to be determined by the Promoter) plus the amount of applicable taxes as nomination charge to the Promoter subject to the covenant by the nominee that the nominee shall strictly adhere to the terms of this Agreement and shall obtain prior written permission of the Promoter and that the Allottee and the nominee shall be bound to enter into a tripartite agreement with the Promoter.
NOMINATION BY ALLOTTEE WITH CONSENT. The Allottee admits and accepts that after the Lock in period and before the execution and registration of conveyance deed of the said Xxxxxxxx, the Allottee will be entitled to nominate, assign and/or transfer the Allottee’s right, title, interest and obligations under this Agreement subject to the covenant by the nominee that the nominee will strictly adhere to the terms of this Agreement and subject also to the following conditions:
NOMINATION BY ALLOTTEE WITH CONSENT. The Allottee admits and accepts that after the lock in period as mentioned in Clause 43
NOMINATION BY ALLOTTEE WITH CONSENT. The Allottee admits and accepts that before execution and registration of sale deed of the Said Unit/Apartment And Appurtenances but only after expiry of a period of 24 (Twenty Forty) months from the date of this agreement, the Allottee shall be entitled to nominate, assign and/or transfer the Allottee’s right, title, interest and obligations under this Agreement on payment of Rs. /- (Rupees only) per square feet of the aggregate saleable area as nomination charge to the Promoter subject to the covenant by the nominee that the nominee shall strictly adhere to the terms of this Agreement and subject also to the following conditions:
NOMINATION BY ALLOTTEE WITH CONSENT. The Allottee admits and accepts that after the Lock in period, as mentioned below, and before the execution and registration of conveyance deed of the said Apartment, the Allottee (subject to the following conditions) will be entitled to nominate, assign and/or transfer the Allottee’s right, title, interest and obligations under this Agreement subject, however, to the nominee agreeing to strictly adhere to the terms of this Agreement The Allottee shall make payment of all dues, including any interest for delay, to the Owner in terms of this Agreement, up to the time of nomination. The Allottee cannot nominate any third party before the expiry of a period of 15 (Fifteen) months from the date of this Agreement. In respect of any nomination, the Allottee shall obtain prior permission of the Owner and the Allottee and the nominee shall be bound to enter into a tripartite agreement with the Owner and the Allottee. The Allottee shall pay a sum calculated @ Rs. 100/- per sq ft on super built up area of the Apartment as mentioned in this Agreement plus applicable taxes, as and by way of nomination fees to the Owner. It is clarified that inclusion of a new joint allottee or change of a joint allottee shall be treated as a nomination. The nomination fees, however, shall not be payable in case of nomination in favour of parents, spouse or children of the Allottee. Any additional income tax liability that may become payable by the Owner due to nomination by the Allottee because of higher market valuation as per the registration authorities on the date of nomination and/or the extra registration fees to be paid to the registration authorities due to nomination, shall be compensated by the Allottee paying to the Owner agreed compensation equivalent to the income tax payable on such difference at the highest applicable tax rate at the prevailing time or the estimated extra registration fees. Such amount shall be payable by the Allottee on or before nomination. The Allottee admits and accepts that the Allottee shall not be entitled to nominate or assign the Allottee’s rights under this Agreement save in the manner indicated above. The Allottee undertakes that the Allottee shall have no objection to the Owner making any additional construction and/or extending the Project by adding future land and/or added area and/or future addition on the existing construction, if the Owner, in future decides to do so.
NOMINATION BY ALLOTTEE WITH CONSENT. The Allottee admits and accepts that before the execution and registration of conveyance deed of the Apartment, the Allottee will be entitled to nominate, assign and/or transfer the Allottee‟s right, title, interest and obligations under this Agreement only with the written consent of the Promoter (which consent the Promoter may refuse to grant without assigning any reason whatsoever) on payment of Rs. 100/- (Rupees One hundred only) per square feet on super built up area plus GST as Nomination Charge to the Promoter or such other fee / charge as may be decided and/or made applicable from time to time by the Promoter in its absolute discretion for such transfer subject to the covenant by the nominee that the nominee will strictly adhere to the terms of this Agreement and subject also to the following conditions:
NOMINATION BY ALLOTTEE WITH CONSENT. The Allottee may only after a period of months from the date of execution of this agreement and/or before execution and registration of Conveyance deed of the Said Apartment And Appurtenances, the Allottee shall be entitled to nominate or assign the Allottee’s right, title, interest and obligations under this Agreement on payment of 5% (five percent) of the Market price in respect of the Said Apartment and Said Parking Space (if any) and appurtenances as may be prevailing at that time (to be determined by the Promoter) plus the amount of applicable taxes as nomination charge to the Promoter subject to the covenant by the nominee that the nominee shall strictly adhere to the terms of this Agreement and shall obtain prior written permission of the Promoter and that the Allottee and the nominee shall be bound to enter into a tripartite agreement with the Promoter and the additional stamp duty and additional registration expenses, if any shall be borne by the Allotee and/or the Allottee’s nominee.
