POSSESSION OF THE APARTMENT Sample Clauses

POSSESSION OF THE APARTMENT. 7.1 Schedule for possession of the said Apartment - The Promoter agrees and understands that timely delivery of possession of the Apartment to the allottee’s and the common areas to the association of allottee’s or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular development of the real estate project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee’s agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Apartment, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee’s the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s agrees that he/ she shall not have any rights, claims etc. against the Promoter and that the Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.
POSSESSION OF THE APARTMENT. 7.1. Schedule for possession of the said Apartment- SThe Promoter agrees and understands that timely delivery of possession of the Apartment to the Allottee and the common areas to the Association of Allottees or the Competent Authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the project in place on or before 31.12.2024 unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular development of the real estate project (“Force Majeure” ). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Apartment.
POSSESSION OF THE APARTMENT. 7.1 Schedule for possession of the said Designated Apartment-
POSSESSION OF THE APARTMENT. 7.1. Schedule for possession of the said Apartment:
POSSESSION OF THE APARTMENT. 7.1 Schedule for possession of the said Apartment - The Promoter agrees and understands that timely delivery of possession of the Apartment to the Allottee(s), is the essence of the Agreement. The Promoter assures to hand over possession of the Apartment along with right to use common areas with all specifications, amenities and facilities of the said Project in place on with a grace period of eight
POSSESSION OF THE APARTMENT a. Tenant’s failure to take possession. If, after signing this Rental Contract, Tenant fails to take possession of the apartment, Tenant will still be responsible for paying rent and complying with all other terms of this Rental Contract.
POSSESSION OF THE APARTMENT. 2.3.1 Subject to fulfillment of conditions prescribed in clause 2.2 herein above and receipt of completion/occupation certificate in respect of the Building Block(s), the possession of the Leased Property shall be transferred to the Lessee simultaneously with the execution of the Lease Deed (being the Effective Date) or any other mutually acceptable date agreed for handover of the possession (the “Possession Handover Date”).18
POSSESSION OF THE APARTMENT. The Purchaser (Allottee) confirm that the Vendor (Promoter) has made timely delivery of possession of the Apartment to the Purchaser (Allottee).