Common use of Failure of Allottee to take Possession of Unit Clause in Contracts

Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as per para 7.2, the Allottee shall take possession of the Unit 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 Unit to the Allottee. In case the Allottee fails to take possession within the time provided in para 7.2, such Allottee shall continue to be liable to pay maintenance charges as specified in para 7.2 and all other outgoings.

Appears in 2 contracts

Samples: Agreement for Sub Lease, Agreement for Lease

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Failure of Allottee to take Possession of Unit. ­‐ Upon receiving a written intimation from the Promoter as per para 7.2Promoter, the Allottee shall take possession of the Unit 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 Unit to the Allottee. In allottee, in case the Allottee fails to take possession within the time provided in para 7.2provided, such Allottee shall continue to be liable to pay maintenance charges as specified in para 7.2 and all other outgoingsapplicable.

Appears in 2 contracts

Samples: Agreement for Sale in the Project Ananda, Agreement for Sale

Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as per para 7.2Term No. 7.2 above, the Allottee Allottee(s) shall take possession of the Unit 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 Unit to the AllotteeAllottee(s). In case the Allottee Allottee(s) fails to take possession within the time provided in para 7.2as per Term No. 7.2 above, such Allottee shall continue to be liable to pay maintenance charges as specified in para 7.2 and all other outgoingsspecifiedunderTermNo.7.2 above.

Appears in 1 contract

Samples: Draft Agreement

Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as per para 7.2, the Allottee shall take possession of the Unit 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 Unit to the Allotteeallottee. In case the Allottee fails to take possession within the time provided in para 7.2, such Allottee shall continue to be liable to pay maintenance charges as specified in para 7.2 and all other outgoings7.2.

Appears in 1 contract

Samples: Agreement for Sale

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Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as per para 7.2, the Allottee shall take possession of the Unit 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 Unit to the Allottee. In case the Allottee fails to take possession within the time provided in para 7.2, such Allottee shall continue to be liable to pay maintenance charges as specified in para 7.2 and all other outgoings7.2.

Appears in 1 contract

Samples: Agreement for Sale

Failure of Allottee to take Possession of Unit. Upon receiving a written intimation from the Promoter as per para paragraph 7.2, the Allottee shall take possession of the Unit 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 Unit to the Allotteeallottee. In case the Allottee fails to take possession within the time provided in para paragraph 7.2, such Allottee shall continue to be liable to pay maintenance charges as specified in para 7.2 and all other outgoingsparagraph 7.2.

Appears in 1 contract

Samples: Draft Agreement for Wbhira Agreement

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