Common use of COMPLIANCE OF LAWS RELATING TO REMITTANCES Clause in Contracts

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The Purchaser/ Allottee, if residing outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act, 1934 and the Rules and Regulations made there under or any statutory amendments/ modification(s) made hereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/Promoter with such permission, approvals which would enable the Developer/Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall he made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser/Allottee understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she may be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The Purchaser/ AllotteeAllottee(s), if residing resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act, 1934 Act and the Rules and Regulations made there under or any statutory amendments/ amendment(s) modification(s) made hereof thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the DeveloperVendors/Promoter Developer with such permission, approvals which would enable the DeveloperVendors/Promoter Developer to fulfill fulfil its obligations under this Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall he be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser/Allottee Allottee(s) understands and agrees that in the event of any failure on his/her her/their part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she may she/they shall be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. 3.1. The Purchaser/ AllotteeAllottee / Purchaser, if residing resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act, 1934 and the Rules and Regulations made there under or any statutory amendments/ amendments/modification(s) made hereof thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/Owner / Promoter with such permission, approvals which would enable the Developer/Promoter to fulfill its obligations under this this, Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall he made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser/Allottee / Xxxxxxxxx understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve of Bank of India, he/she may be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. 1.1. The Purchaser/ Allottee, if residing resident outside India, shall be solely responsible for complying comply- ing with the necessary formalities as laid down in Foreign Exchange Management Man- agement Act, 1999, Reserve Bank of India Act, 1934 and the Rules and Regulations Regu- lations made there under thereunder or any statutory amendments/ amendments/modification(s) made hereof thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/Promoter with such permission, approvals which would enable the Developer/Promoter Pro- moter to fulfill fulfil its obligations under this the Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall he be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory statu- tory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser/Allottee understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she may be liable lia- ble for any action under the Foreign Exchange Management Act, 1999 or other oth- er laws as applicable, as amended applicable from time to time.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. 1.1. The Purchaser/ Allottee, if residing resident outside India, shall be solely responsible for complying comply- ing with the necessary formalities as laid down in Foreign Exchange Management Man- agement Act, 1999, Reserve Bank of India Act, 1934 and the Rules and Regulations Reg- ulations made there under thereunder or any statutory amendments/ amendments/modification(s) made hereof thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/Promoter with such permission, approvals which would enable en- able the Developer/Promoter to fulfill fulfil its obligations under this the Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall he be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rules and Regulations Reg- ulations of the Reserve Bank of India or any other applicable law. The Purchaser/Allottee Allot- tee understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she may be liable for any action under the Foreign Exchange Management Manage- ment Act, 1999 or other laws as applicable, as amended applicable from time to time.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. The Purchaser/ Allottee, if residing outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act, 1934 and the Rules and Regulations made there under or any statutory amendments/ modification(s) made hereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/Promoter with such permission, approvals which would enable the Developer/Promoter to fulfill its obligations under this Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall he made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser/Allottee Xxxxxxxx understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India, he/she may be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. 4.1. The Purchaser/ Allottee/Purchaser, if residing resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendments/ amendments/modification(s) made hereof thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/Promoter Vendor with such permission, approvals which would enable the Developer/Promoter Vendor to fulfill fulfil its obligations under this Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall he made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The PurchaserAllottee/Allottee Xxxxxxxxx understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve of Bank of India, he/she may be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. 3.1. The Purchaser/ Purchaser/Allottee, if residing resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendments/ amendments/modification(s) made hereof thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/Promoter Vendor with such permission, approvals which would enable the Developer/Promoter Vendor to fulfill its obligations under this Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall he be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser/Allottee Xxxxxxxx understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve of Bank of India, he/she may be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. 3.1. The Purchaser/ Allottee/purchaser/purchasers, if residing resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendments/ amendments/modification(s) made hereof thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/Promoter Developer with such permission, approvals which would enable the Developer/Promoter Developer to fulfill its obligations under this Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall he made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The PurchaserAllottee/Allottee purchaser/purchasers understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve of Bank of India, he/she may be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. 3.1 The Purchaser/ Allottee, if residing resident outside India, shall be solely s xxxx responsible for complying with the o necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve a Bank of India Act, 1934 and the Rules and Regulations made there under m de thereunder or any statutory amendments/ amendment(s) modification(s) made hereof ther of and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Developer/Promoter with such permission, approvals which whic would enable the Developer/Promoter to fulfill o fulfil its obligations under this Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall he be made in accordance acc rdance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser/Allottee understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India, ; he/she may be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. 3.1. The Purchaser/ AllotteeAllottee / Purchaser, if residing resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act, 1934 and the Rules and Regulations made there under or any statutory amendments/ amendments/modification(s) made hereof thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/Promoter with such permission, approvals which would enable the Developer/Promoter to fulfill its obligations under this this, Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall he made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Purchaser/Allottee / Xxxxxxxxx understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve of Bank of India, he/she may be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.

COMPLIANCE OF LAWS RELATING TO REMITTANCES. 4.1. The Purchaser/ Allottee/Purchaser, if residing resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act, 1934 and the Rules and Regulations made there under thereunder or any statutory amendments/ amendments/modification(s) made hereof thereof and all other applicable laws including that of remittance of payment acquisition/sale/sale/ transfer of immovable properties in India etc. and provide the Developer/Promoter Vendor with such permission, approvals which would enable the Developer/Promoter Vendor to fulfill fulfil its obligations under this Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall he made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The PurchaserAllottee/Allottee Purchaser understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve of Bank of India, he/she may be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.