FLOOR SPACE INDEX Sample Clauses

FLOOR SPACE INDEX i. The Allottee/s has/have been informed and is/are aware that the buildable area has been sanctioned for the Layout as a Project Land on the basis of the available Floor Space Index (“FSI”) on the Subject Land and accordingly the Developer shall develop the Subject Land in multiple phases/project.
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FLOOR SPACE INDEX. 5.1 The Promoter hereby declares that the Floor Space Index available as on date in respect of the Project Land is 19114.20 square meters only and the Promoter has planned to utilize Floor Space Index (“FSI”) of 28671.30 square meter by availing of transferable development rights (TDR) or FSI available on payment of premiums or FSI available as incentive FSI by implementing various scheme as per Applicable Laws or based on expectation of increased FSI which may be available in future on modification under the Applicable Laws, which are applicable to the Project. The Promoter has disclosed the FSI of 28671.30 square meter as proposed to be utilized by it/ him on the Project Land in the Project and the Allottee has agreed to purchase the Apartment based on the proposed construction and sale of Apartment to be carried out by the Promoter by utilizing the proposed FSI and on the understanding that the declared proposed FSI shall belong to Promoter only. The promoter shall have the right to apply for the revision of the plans with 2/3 allottee consent. That the allottee is aware about the fact that the promoter will purchase TDR and in process for add 2 more story in the said buildings.
Sample 1
FLOOR SPACE INDEX. 12.1 The Purchaser(s) has/have been informed and is/are aware that the buildable area has been sanctioned for the Layout Property as a single parcel of land on the basis of the available FSI on the Layout Property and accordingly the Owner / Developer intends to develop the Layout Property in multiple phases.
Sample 1
FLOOR SPACE INDEX. 12.1 The total FSI consumed in the construction of the said Project is 5,514.28 sq. metres or thereabouts. The Owner/Developer has completed the said Building/Project in accordance with the approved plans and Relevant Laws and has obtained the Occupation certification CHE/A- 4631/BP(WS)AR dated July 27, 2017 from the MCGM. A copy of the OC is annexed hereto and marked Annexure C-1.
Sample 1
FLOOR SPACE INDEX. 6.1 The Promoter represents and the Allottee acknowledges that the Floor Space Index (FSI) for the Whole Project Ashiana Malhar to be developed on the Scheduled Land is 87556.59 sqm and the Promoter plans to develop the Whole Project into phases for ease of construction and development. The Promoter further represents that on the balance portion of the Entire Land the Confirming Parties will be developing separate project and they are free to utilize the FSI for their portion of the land. For ease of clarification, Confirming Parties will have exclusive rights over the Amenity Plot and Owners Retained Plot.
Sample 1
FLOOR SPACE INDEX. (FSI): The Owner/Lessor has informed the Lessee that the Floor Space Index (F.S.I.) available in respect of the said “R8” Sector is as per the
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FLOOR SPACE INDEX. 12.1 The Purchaser/s has/have been informed and is/are aware that the buildable area has been sanctioned for the Layout as a single land on the basis of the available Floor Space Index (“FSI”) on the entire Land and accordingly the Developer/Owner shall develop the Land in multiple phases.
Sample 1
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FLOOR SPACE INDEX. 6.1 The unutilized / residual FSI (including future accretions / enhancement due to change in law or otherwise) in respect of the Land shall always be available to and shall always be for the benefit of the Promoter/Owner/Developer and the Promoter/Owner/Developer shall have the right to deal / use the FSI / TDR as it may deem fit, without any objection/interference from the Purchaser/s/Allottee/s / association / apex body / apex bodies. In the event of any additional FSI in respect of the Project Land or any part thereof being increased as a result of any favorable relaxation of the relevant building regulations or increase in incentive FSI or otherwise, at anytime, hereafter, the Promoter/Owner/Developer alone shall be entitled to the ownership and benefit of all such additional FSI for the purpose of the development and / or additions to the built up area on the Project Land as may be permissible.
Sample 1

Related to FLOOR SPACE INDEX

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

  • Existing Premises Notwithstanding anything to the contrary in the Lease as hereby amended, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of Article 3 of the Lease.

  • Storage Space Landlord shall, commencing on March 1, 2006, and continuing for the balance of the Term, make available for Tenant’s use and for lease by Tenant up to approximately 3,000 rentable square feet of storage space (“Storage Space”) at the lower level of the Building as determined by Landlord and approved by Tenant. Tenant shall have the right, upon at least thirty (30) days advance notice to Landlord delivered to Landlord no later than November 1, 2005 (“Tenant’s Storage Space Election Notice”), and thereafter subject to availability, to lease such storage space (or any portion thereof). Such storage space shall be in one contiguous block (if available, or otherwise configured in a manner reasonably acceptable to Tenant), secure (i.e., having a lockable entrance), sprinkled and lighted in accordance with all Laws and located in a portion of the lower level of the Building designated by Landlord with reasonable access to and from the Building freight elevators and loading docks. Tenant acknowledges that any such space shall be created in the parking garage of the Building, and Tenant agrees that it shall be responsible for payment of all costs incurred by Landlord in creating such storage space. Tenant shall use such storage space for purposes of storing files, records, furniture, equipment, supplies, attic stock and materials of the type customarily used by office building tenants, and for no other purposes. Tenant shall pay Rent for such storage space at the gross rental rate (i.e., there shall be no Operating Cost Share Rent or Tax Share Rent separately payable for any such storage space) of $12.00 per square foot of rentable area thereof if leased during the first Lease Year of the Term, subject to $0.40 per rentable square foot annual increases during the Term. Tenant’s use of such storage space shall be subject to such reasonable rules and regulations as Landlord from time to time may promulgate on a non-discriminatory basis.

  • Parking Space The address required to find and physically park the Lessee’s vehicle is mandatory for this agreement to be valid. Section II. Term (7)

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