Developer’s Charge/Lien. The Developer shall have first charge and/or lien over the Said Apartment And Appurtenances for all amounts due and payable by the Allottee/Transferee to the Developer provided however if the Said Apartment 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.
Appears in 3 contracts
Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale
Developer’s Charge/Lien. The Developer shall have first charge and/or lien over the Said Apartment And Appurtenances for all amounts due and payable by the Allottee/Transferee Buyers to the Developer provided however if the Said Apartment And Appurtenances is purchased with assistance of a financial institution, then such charge/lien of the Developer shall stand extinguished on the financial institution after clearing all dues of the Developer.
Appears in 2 contracts
Developer’s Charge/Lien. The Developer shall have first charge and/or lien over the Said Apartment And Appurtenances for all amounts due and payable by the Allottee/Transferee to the Developer provided however if the Said Apartment 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.
Appears in 1 contract
Samples: Agreement for Sale