Cancellation by Purchaser/s Sample Clauses

Cancellation by Purchaser/s. The PURCHASER/S shall have the right to cancel/withdraw his allotment in the Project as provided in the REAL ESTATE (REGULATION AND DEVELOPMENT) Act 2016 (herein after referred to as the said ACT and RULES framed thereunder. Provided that where the PURCHASER/S propose to cancel/withdraw from the project without any fault of the PROMOTER/VENDOR/LAND OWNER, the VENDORS/LANDOWNERS/DEVELOPER shall be entitled to cancellation charges as mentioned in SIXTH SCHEDULE which may be treated as an integral part of this Agreement.
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Cancellation by Purchaser/s. The Purchaser/s shall have the right to cancel/withdraw his allotment in the Property/New Building as provided in the Act: Provided that where the Purchaser/s proposes to cancel/withdraw from the Property/New Building without any fault of the Sellers, the Sellers herein is entitled to forfeit the booking amount paid for the allotment alongwith any interest due on the demands payable at the rates prescribed in the Rules. The balance amount of money paid by the Purchaser/s shall be returned by the Sellers to the Purchaser/s within 45 days of such cancellation.
Cancellation by Purchaser/s. In the event the Purchaser/s cancels/ rescinds/ terminates/ determines this Agreement on any ground whatsoever, the Vendors and Developer shall deduct a sum equivalent to 10% (ten percent) of the consideration and also all taxes and also the legal charges as cancellation charges and the remaining amount to be refunded to the Purchaser/s account within 30 days from the date of cancellation.
Cancellation by Purchaser/s. In the event the Purchaser/s cancels/ rescinds/ terminates/ determines this Agreement on any ground whatsoever, and the Purchaser proposes to cancel/withdraw from the project without any fault of Developer/owner, the Developer/owner herein is entitled to forfeit the booking amount paid for the said unit for agreement. The balance amount of money paid by the purchaser shall be returned by the developer/owner to the purchaser within 45 days of such cancelation.

Related to Cancellation by Purchaser/s

  • Cancellation by Us 6.1. In the unlikely event (and where you are not in breach of these terms and conditions) that it is necessary for us to cancel your Booking, we will notify you as soon as possible and we shall endeavour to offer you alternative dates for no extra cost. In the event that no alternative dates are available or you do not accept the alternative dates offered, then we will refund to you any and all Scheduled Payments that you have paid.

  • Cancellation by You You may cancel this contract before the Event by written notice to us, but no refund of the rental fee will be due.

  • Cancellation by Issuer If the Issuer or any of its subsidiaries purchases any Notes that are to be cancelled in accordance with the Conditions, the Issuer shall forthwith cancel them or procure their cancellation, inform the Issuing and Principal Paying Agent or the Registrar, as the case may be, and send them (if in definitive bearer form) to the Issuing and Principal Paying Agent.

  • Cancellation by Allottee The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the allottee proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking amount paid for the allotment. The balance amount of money paid by the allottee shall be returned by the promoter to the allottee within 45 days of such cancellation.

  • Cancellation by Exhibitor If the Exhibitor notifies MSCA in writing by October 15, 2022, that it will not occupy the exhibit space stated herein, the Exhibitor will be liable for 50 percent of the exhibit fee. Exhibitors will be responsible for 100 percent of the exhibit fee if such notice is received after that date.

  • Cancellation and Expiration Notice Insurance required herein shall not expire, be canceled, or be materially changed without 30 days’ prior written notice to the City.

  • Cancellation by the Bank If (a) the right of the Borrower to make withdrawals from the Loan Account shall have been suspended with respect to any amount of the Loan for a continuous period of thirty days, or (b) at any time, the Bank determines, after consultation with the Borrower, that an amount of the Loan will not be required to finance the Project’s costs to be financed out of the proceeds of the Loan, or (c) at any time, the Bank determines, with respect to any contract to be financed out of the proceeds of the Loan, that corrupt or fraudulent practices were engaged in by representatives of the Borrower or of a beneficiary of the Loan during the procurement or the execution of such contract, without the Borrower having taken timely and appropriate action satisfactory to the Bank to remedy the situation, and establishes the amount of expenditures in respect of such contract which would otherwise have been eligible for financing out of the proceeds of the Loan, or (d) at any time, the Bank determines that the procurement of any contract to be financed out of the proceeds of the Loan is inconsistent with the procedures set forth or referred to in the Loan Agreement and establishes the amount of expenditures in respect of such contract which would otherwise have been eligible for financing out of the proceeds of the Loan, or (e) after the Closing Date, an amount of the Loan shall remain unwithdrawn from the Loan Account, or (f) the Bank shall have received notice from the Guarantor pursuant to Section 6.07 with respect to an amount of the Loan, the Bank may, by notice to the Borrower and the Guarantor, terminate the right of the Borrower to make withdrawals with respect to such amount. Upon the giving of such notice, such amount of the Loan shall be canceled.”

  • Cancellation Clause Your insurance contract may include a cancellation clause giving you the right to cancel your policy. If you decide to cancel your policy in accordance with any timeframes stipulated in your policy, and subject to not having made or intimated a claim, you may be entitled to a refund of premium paid. Please note our commission and, where appropriate fees, are fully earned from the date the policy commences and will not be refundable. If you fail to pay your premium to us by the due date, we reserve the right to instruct insurers to cancel your policy.

  • Cancellation and Refunds This and the following paragraph apply if you buy as a consumer as defined in the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 (the “Regulations”). Provided the Regulations apply to the transaction concerned, then the following terms apply to the contract.

  • CANCELLATION AND REFUND 5.1. Registration fee is not refundable.

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