Common use of Developer’s Charge/Lien Clause in Contracts

Developer’s Charge/Lien. The Developer shall have first charge and/or lien over the Said Flat And Appurtenances for all amounts due and payable by the Buyer to the Developer provided however if the Said Flat And Appurtenances is purchased with assistance of a financial institution, then such charge/lien of the Developer shall stand extinguished on the financial institution clearing all dues of the Developer.

Developer’s Charge/Lien. The Developer shall have first charge and/or lien over the Said Flat Unit And Appurtenances for all amounts due and payable by the Buyer to the Developer provided however if the Said Flat Unit And Appurtenances is purchased with assistance of a financial institution, then such charge/lien of the Developer shall stand extinguished on the financial institution clearing all dues of the Developer.

Developer’s Charge/Lien. The Developer shall have first charge and/or lien over the Said Flat Unit And Appurtenances for all amounts due and payable by the Buyer Buyers to the Developer provided however if the Said Flat Unit And Appurtenances is purchased with assistance of a financial institution, then such charge/lien of the Developer shall stand extinguished on the financial institution clearing all dues of the Developer.

Developer’s Charge/Lien. The Developer shall have the first charge and/or lien over the Said Flat And Appurtenances for all amounts due and payable by the Buyer Buyers to the Developer provided however if the Said Flat And Appurtenances is purchased with assistance of a financial institution, then such charge/lien of the Developer shall stand extinguished on the financial institution clearing all dues of the Developer.

Developer’s Charge/Lien. The Developer shall have first charge and/or lien over the Said Flat And Appurtenances for all amounts due and payable by the Buyer Buyers to the Developer provided however if the Said Flat And Appurtenances is purchased with assistance of a financial institution, then such charge/lien of the Developer shall stand extinguished on the financial institution clearing all dues of the Developer.