Common use of Failure of Allottee to take Possession of the Apartment Clause in Contracts

Failure of Allottee to take Possession of the Apartment. Upon receiving a written intimation from the Promoter as per clause 7.2, the Allottee shall within the period mentioned in such intimation take possession of the Apartment from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement, and the Promoter shall give possession of the Apartment to the Allottee. In case the Allottee fails to take possession within the time provided in clause 7.2, such Allottee shall continue to be liable to pay maintenance charges as applicable and all other outgoings as elsewhere mentioned herein.

Appears in 2 contracts

Samples: Agreement, Agreement

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Failure of Allottee to take Possession of the Apartment. Upon receiving a written intimation from the Promoter as per clause para 7.2, the Allottee shall within the period mentioned in such intimation take possession of the Apartment from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement, Agreement and the Promoter shall give possession of the Apartment to the Allottee. In case the .Incasethe Allottee fails to take possession within the failstotake possessionwithinthe time provided in clause providedin para 7.2, such Allottee shall continue to be liable to pay maintenance charges as applicable and all other outgoings as elsewhere mentioned hereinspecified in para 7.2.

Appears in 1 contract

Samples: Agreementforsale

Failure of Allottee to take Possession of the Apartment. Upon receiving a written intimation from the Promoter as per clause Clause 7.2, the Allottee shall within the period mentioned in such intimation take possession of the Apartment from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement, and the Promoter shall give possession of the Apartment to the Allottee. In case the Allottee fails to take possession within the time provided in clause Clause 7.2, such Allottee shall continue to be liable to pay the amount due, interest on amount due and payable in terms of this Agreement, maintenance charges as applicable and all other outgoings as elsewhere mentioned hereinapplicable.

Appears in 1 contract

Samples: Agreement for Transfer

Failure of Allottee to take Possession of the Apartment. Upon receiving a written intimation from the Promoter as per clause 7.2Clause 7.2 above, the Allottee shall within the period mentioned in such intimation take possession of the Apartment from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this AgreementAgreement and as may be required, and the Promoter shall give possession of the Apartment to the Allottee. In case the Allottee fails to take possession within the time provided in clause 7.2, such the Allottee shall continue to be liable to pay the maintenance charges as applicable specified in this Agreement and all other outgoings as elsewhere mentioned hereinthe rates and taxes that may be attributable to the said Apartment.

Appears in 1 contract

Samples: Agreement for Sale

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Failure of Allottee to take Possession of the Apartment. Upon receiving a written intimation from the Promoter as per clause Clause 7.2, the Allottee shall within the period mentioned in such intimation take possession of the Apartment from the Promoter by executing necessary indemnities, undertakings and such other documentation as prescribed in this Agreement, Agreement and the Promoter shall give possession of the Apartment to the Allottee. In case the Allottee fails to take possession within the time provided in clause Clause 7.2, such Allottee shall continue to be liable to pay maintenance charges as applicable and all other outgoings as elsewhere mentioned hereinapplicable.

Appears in 1 contract

Samples: Agreement for Sale

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