Common use of POSSESSION OF THE APARTMENT Clause in Contracts

POSSESSION OF THE APARTMENT. 7.1 Schedule for possession of the said Apartment of – The Developer agrees and understands that timely delivery of possession of the Apartment to the Purchaser and the common areas to the Association of Purchasers or the competent authority, as the case may be, is the essence of the Agreement. The Developer assures to handover possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the Project in place on 31.12.2021 unless there is delay or failure due to war, flood, drought, fire, cyclone earthquake or any other calamity caused by nature effecting the regular development of the real estate project (“Force Majeure”). If, however, the completion of Project is delayed due to the Force Majeure conditions then the Purchaser agrees that the Developer 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 Purchaser(s) agrees and confirms that, in the event it becomes impossible for the Developer to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Developer shall refund to the Purchaser(s) the entire amount received by the Developer from the Allotment within 45 days from that date. The Developer shall intimate the Purchaser about such termination at least thirty days prior to such termination. After refund of the money paid by the Purchaser, the Purchaser agreed that he/ she shall not have any rights, claims etc. against the Developer and the Developer shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 3 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

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POSSESSION OF THE APARTMENT. 7.1 Schedule for possession of the said Apartment of – The Developer agrees and understands that timely delivery of possession of the Apartment to the Purchaser allottee and the common areas to the Association association of Purchasers allottees or the competent authority, as . As the case may be, is the essence of the Agreement. The Developer assures to handover hand over possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on 31.12.2021 ………………, unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular r egular 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 Purchaser Allottee agrees that the Developer 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 Purchaser(s) Allottee agrees and confirms that, in the event it becomes impossible for the Developer Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Developer shall refund to the Purchaser(s) Allottee the entire amount received by the Developer from the Allotment allotment within 45 days from that date. The Developer shall intimate the Purchaser allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the PurchaserAllottee, the Purchaser agreed Allottee agrees that he/ he/she shall not have any rights, claims etc. against the Developer and that the Developer shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

POSSESSION OF THE APARTMENT. 7.1 Schedule for the possession of the said Apartment of – Apartment- The Developer Promoter agrees and understands that timely delivery of possession of the Apartment to the Purchaser allottee and the common areas to the Association association of Purchasers allottees or the competent authority, as the case may be, is the essence of the Agreement. The Developer Promoter assures to handover hand over possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on 31.12.2021 unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting 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 Purchaser Allottee agrees that the Developer 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 Purchaser(s) Allottee agrees and confirms that, in the event it becomes impossible for the Developer Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Developer Promoter shall refund to the Purchaser(s) Allottee the entire amount received by the Developer Promoter from the Allotment allotment within 45 days from that date. The Developer promoter shall intimate the Purchaser allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the PurchaserAllottee, the Purchaser agreed Allottee agrees that he/ she shall not have any rights, claims etc. against the Developer Promoter and that the Developer Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

POSSESSION OF THE APARTMENT. 7.1 Schedule for possession of the said Apartment of – apartment, The Developer Promoter agrees and understands that timely delivery of possession of the Apartment to the Purchaser allottee and the common areas to the Association association of Purchasers allottees or the competent authority, as the case may be, is the essence of the Agreement. The Developer Promoter assures to handover hand over possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on 31.12.2021 Kolkata unless there is delay or failure due to war, floodfood, drought, fire, cyclone cyclone, earthquake or any other calamity calamity, caused by nature effecting affecting the regular development of the real estate project (“Force Majeure”). If, If however, the completion of the Project is delayed due to the Force Majeure conditions then the Purchaser Xxxxxxxx agrees that the Developer 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 Purchaser(s) Allottee agrees and confirms confirm that, in the event it becomes become impossible for the Developer Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Developer Promoter shall refund to the Purchaser(s) Allottee the entire amount received by the Developer Promoter from the Allotment allotment within 45 days from that the date. The Developer Promoter shall intimate the Purchaser allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the PurchaserAllottee, the Purchaser agreed allottee agrees that he/ he/she shall not have any rights, claims etc. against the Developer promoter and that the Developer Promoter shall be released and discharged from all its as obligations and liabilities under this Agreement.

Appears in 2 contracts

Samples: Agreement for Sale, 202.61.117.163

POSSESSION OF THE APARTMENT. 7.1 Schedule for possession of the said Apartment of – apartment, The Developer Promoter agrees and understands that timely delivery of possession of the Apartment to the Purchaser allottee and the common areas to the Association association of Purchasers allottees or the competent authority, as the case may be, is the essence of the Agreement. The Developer Promoter assures to handover hand over possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on 31.12.2021 Kolkata unless there is delay or failure due to war, floodfood, drought, fire, cyclone cyclone, earthquake or any other calamity calamity, caused by nature effecting affecting the regular development of the real estate project (“Force Majeure”). If, If however, the completion of the Project is delayed due to the Force Majeure conditions then the Purchaser Allottee agrees that the Developer 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 Purchaser(s) Allottee agrees and confirms confirm that, in the event it becomes become impossible for the Developer Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Developer Promoter shall refund to the Purchaser(s) Allottee the entire amount received by the Developer Promoter from the Allotment allotment within 45 days from that the date. The Developer Promoter shall intimate the Purchaser allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the PurchaserAllottee, the Purchaser agreed allottee agrees that he/ he/she shall not have any rights, claims etc. against the Developer promoter and that the Developer Promoter shall be released and discharged from all its as obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE APARTMENT. 7.1 Schedule for possession of the said Apartment of – The Developer agrees and an understands that timely delivery of possession of the Apartment to the Purchaser allottee and the common areas to the Association association of Purchasers allottees or the competent authority, as . As the case may be, is the essence of the Agreement. The Developer assures to handover hand over possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on 31.12.2021 , unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting 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 Purchaser Allottee agrees that the Developer shall be entitled to the extension of time for delivery of possession of the Apartment. Apartment Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Purchaser(s) Allottee agrees and confirms that, in the event it becomes impossible for the Developer Promote r to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Developer shall refund to the Purchaser(s) Allottee the entire amount received by the Developer from the Allotment allotment within 45 days from that date. The Developer shall intimate the Purchaser allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the PurchaserAllottee, the Purchaser agreed Allottee agrees that he/ he/she shall not have any rights, claims etc. against the Developer and that the Developer shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE APARTMENT. 7.1 Schedule for possession of the said Apartment of – The Developer Promoter agrees and understands that timely delivery of possession of the Apartment to the Purchaser Allottee and the common areas to the Association of Purchasers allottees or the competent authority, as the case may be, is the essence of the Contd…. P / 12 Agreement. The Developer Promoter assures to handover possession of the Apartment along with ready and complete common areas with all specificationswithin 31st December 2020 for Xxxxxx Xxxx Phase – I, amenities and facilities of the Project in place on 31.12.2021 unless there is delay or failure due to war, flood, drought, fire, cyclone earthquake or any other calamity caused by nature effecting the regular development of the real estate project (“Force Majeure”). If, however, the completion of Project is delayed due to the Force Majeure conditions then the Purchaser Allottee agrees that the Developer 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 Purchaser(sAllottee(s) agrees and confirms that, in the event it becomes impossible for the Developer Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Developer Promoter shall refund to the Purchaser(sAllottee(s) the entire amount received by the Developer Promoter from the Allotment within 45 days from that date. The Developer Promoter shall intimate the Purchaser Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the PurchaserAllottee, the Purchaser Allottee agreed that he/ she shall not have any rights, claims etc. against the Developer Promoter and the Developer Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: 202.61.117.163

POSSESSION OF THE APARTMENT. 7.1 Schedule 7.1. schedule for possession of the said Apartment of – The Developer Promoter agrees and understands that timely delivery of possession of the Apartment to the Purchaser Allottee and the common areas to the Association of Purchasers or the competent authority, as the case may be, Allottees is the essence of the Agreement. The Developer Promoter assures to handover hand over possession of the Apartment along with ready and complete common areas with all specificationsspecification, amenities and facilities of the Project project in place on 31.12.2021 of June 2023, unless there is a delay or failure due to war, floodfood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real estate project (“estates project. ( Force Majeure). If, If however, the completion of Project the project is delayed due to the Force Majeure conditions then the Purchaser Allottee agrees that the Developer promoter shall be entitled to the extension of time for delivery of possession of the Apartment. Apartment , Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Purchaser(s) Allottees agrees and confirms that, in the event it becomes impossible for the Developer promoter to implement the project due to Force Majeure force majeure conditions, then this allotment shall stand terminated and the Developer promoter shall refund to the Purchaser(s) Allottee the entire amount received by the Developer promoter from the Allotment allotment within 45 days from that date. The Developer Promoter shall intimate the Purchaser allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the PurchaserAllottee, the Purchaser agreed Allottee agrees that he/ he/she shall not have any rights, claims claims, etc. against the Developer promoter and that the Developer promoter shall be released and discharged from all its obligations and liabilities under this Agreementagreement.

Appears in 1 contract

Samples: Agreement for Sale

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POSSESSION OF THE APARTMENT. 7.1 7.1. Schedule for possession of the said Apartment of – Flat- The Developer Developer/Owner agrees and understands that timely delivery of possession of the Apartment Flat to the Purchaser Purchasers and the common areas to the Association of Purchasers or the competent authority, as the case may be, is the essence of the Agreement. The Developer assures to handover hand over possession of the Apartment along with Flat on completion of the Project on , however possession of ready and complete common areas with all specifications, amenities and facilities of the Project project in place on 31.12.2021 ………………… unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting 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 Purchaser Purchasers agrees that the Developer shall be entitled to the extension of time for delivery of possession of the Apartment. Flat Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Purchaser(s) Purchasers agrees and confirms that, in the event it becomes impossible for the Developer to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Developer shall refund to the Purchaser(s) Purchasers the entire amount received by the Developer from the Allotment allotment within 45 days from that date. The Developer shall intimate the Purchaser Purchasers about such termination at least thirty days prior to such termination. After refund of the money paid by the PurchaserPurchasers, the Purchaser agreed Purchasers agrees that he/ she shall not have any rights, claims etc. against the Developer and that the Developer shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement

POSSESSION OF THE APARTMENT. 7.1 Schedule for possession of the said Apartment of – The Developer Promoter agrees and understands that timely delivery of possession of the Apartment to the Purchaser Allottee and the common areas to the Association of Purchasers allottees or the competent authority, as the case may be, is the essence of the Contd…. P / 12 Agreement. The Developer Promoter assures to handover possession of the Apartment along with ready and complete common areas with all specificationswithin 31st December 2020 for Kamala Dham Phase – I, amenities and facilities of the Project in place on 31.12.2021 unless there is delay or failure due to war, flood, drought, fire, cyclone earthquake or any other calamity caused by nature effecting the regular development of the real estate project (“Force Majeure”). If, however, the completion of Project is delayed due to the Force Majeure conditions then the Purchaser Allottee agrees that the Developer 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 Purchaser(sAllottee(s) agrees and confirms that, in the event it becomes impossible for the Developer Promoter to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Developer Promoter shall refund to the Purchaser(sAllottee(s) the entire amount received by the Developer Promoter from the Allotment within 45 days from that date. The Developer Promoter shall intimate the Purchaser Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the PurchaserAllottee, the Purchaser Allottee agreed that he/ she shall not have any rights, claims etc. against the Developer Promoter and the Developer Promoter shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: 202.61.117.163

POSSESSION OF THE APARTMENT. 7.1 Schedule 7.1. schedule for possession of the said Apartment of – The Developer Promoter agrees and understands that timely delivery of possession of the Apartment to the Purchaser Allottee and the common areas to the Association of Purchasers or the competent authority, as the case may be, Allottees is the essence of the Agreement. The Developer Promoter assures to handover hand over possession of the Apartment along with ready and complete common areas with all specificationsspecification, amenities and facilities of the Project project in place on 31.12.2021 of 30th,June 2021, unless there is a delay or failure due to war, floodfood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting affecting the regular development of the real estate project estates project. (Force Majeure). If, If however, the completion of Project the project is delayed due to the Force Majeure conditions then the Purchaser Allottee agrees that the Developer promoter shall be entitled to the extension of time for delivery of possession of the Apartment. Apartment , Provided that such Force Majeure conditions are not of a nature which make it impossible for the contract to be implemented. The Purchaser(s) Allottees agrees and confirms that, in the event it becomes impossible for the Developer promoter to implement the project due to Force Majeure force majeure conditions, then this allotment shall stand terminated and the Developer promoter shall refund to the Purchaser(s) Allottee the entire amount received by the Developer promoter from the Allotment allotment within 45 days from that date. The Developer Promoter shall intimate the Purchaser allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the PurchaserAllottee, the Purchaser agreed Allottee agrees that he/ he/she shall not have any rights, claims claims, etc. against the Developer promoter and that the Developer promoter shall be released and discharged from all its obligations and liabilities under this Agreementagreement.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE APARTMENT. 7.1 Schedule for possession of the said Apartment of – - The Developer agrees and understands that timely delivery of possession of the Apartment Apartment] to the Purchaser purchaser and the common areas to the Association association of Purchasers purchasers or the competent authority, as the case may be, is the essence of the Agreement. The Developer assures to handover hand over possession of the Apartment along with ready and complete common areas with all specifications, amenities and facilities of the Project project in place on 31.12.2021 31.12.2024 unless there is delay or failure due to war, flood, drought, fire, cyclone cyclone, earthquake or any other calamity caused by nature effecting 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 Purchaser agrees that the Developer 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 Purchaser(s) Purchaser agrees and confirms that, in the event it becomes impossible for the Developer to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Developer shall refund to the Purchaser(s) Purchaser the entire amount received by the Developer from the Allotment allotment within 45 days from that date. The Developer developer shall intimate the Purchaser purchaser about such termination at least thirty days prior to such termination. After refund of the money paid by the Purchaser, the Purchaser agreed agrees that he/ she shall not have any rights, claims etc. against the Developer and that the Developer shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: Agreement for Sale

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