Common use of Charge/Lien Clause in Contracts

Charge/Lien. The Promoter shall have first charge and/or lien over the said Apartment for all amounts due and payable by the Allottee to the Promoter provided however if the said Apartment is purchased with assistance of a financial institution, then such charge/lien of the Promoter shall stand extinguished on the financial institution provided all dues payable to the Promoter are cleared by the Allottee and/or such financial institution.

Charge/Lien. The Promoter shall have first charge and/or lien over the said Said Apartment And Properties Appurtenant for all amounts due and payable by the Allottee Allottee(s) to the Promoter provided however if the said Said Apartment And Properties Appurtenant is purchased with assistance of a bank/financial institution/other persons, then such charge/lien of the Promoter shall stand extinguished on the bank/financial institution institution/other persons provided all dues payable to the Promoter are cleared by the Allottee Allottee(s) and/or such bank/financial institutioninstitution/ other persons.

Charge/Lien. The Owners and Promoter shall have first charge and/or lien over the said Apartment for all amounts due and payable by the Allottee to the Promoter provided however if the said Apartment is purchased with assistance of a financial institution, then such charge/lien of the Promoter shall stand extinguished on the financial institution provided all dues payable to the Promoter are cleared by the Allottee and/or such financial institution.

Charge/Lien. The Promoter shall have first charge and/or lien over the said Said Apartment for all amounts due and payable by the Allottee to the Promoter provided however if the said Said Apartment is purchased with assistance of a financial institution, then such charge/lien of the Promoter shall stand extinguished on the financial institution provided all dues payable to the Promoter are cleared by the Allottee and/or such financial institution.

Charge/Lien. The Promoter shall have first charge and/or lien over the said Apartment for all amounts due and payable by the Allottee Allottees to the Promoter provided however if the said Apartment is purchased with assistance of a financial institution, then such charge/lien of the Promoter shall stand extinguished on the financial institution provided all dues payable to the Promoter are cleared by the Allottee Allottees and/or such financial institution.

Charge/Lien. The Promoter shall have first charge and/or and/ or lien over the said Apartment for all amounts due and payable by the Allottee to the Promoter provided however if the said Apartment is purchased with assistance of a financial institution, then such charge/charge/ lien of the Promoter shall stand extinguished on the financial institution provided all dues payable to the Promoter are cleared by the Allottee and/or and/ or such financial institution.

Charge/Lien. The Promoter shall have first charge and/or lien over the said Apartment for all amounts due and payable by the Allottee to the Promoter provided however if the said Said Apartment is purchased with assistance of a financial institution, then such charge/lien of the Promoter shall stand extinguished on the financial institution provided all dues payable to the Promoter are cleared by the Allottee and/or such financial institution.