Common use of POSSESSION OF THE PLOT Clause in Contracts

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot 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 Plot 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 Plot, 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.

Appears in 4 contracts

Samples: www.rera.mp.gov.in, rera.mp.gov.in, www.rera.mp.gov.in

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POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) or before 19/ 07/ 2020, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 3 contracts

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

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) or before 31/ 07/ 2020, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - Plot- The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas Common Areas with all specifications, amenities and facilities of the project Project in place on (Date) or before 31 March 2025, unless there is delay or failure due to war, flood, drought, fire, fire cyclone, earthquake or any other calamity caused by nature affecting the regular development of the real estate project Project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee’s Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided . Provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project Project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee’s Allottee the entire amount received by the Promoter from the allotment within 45 (forty-five) days from that date. The promoter Promoter shall intimate the allottee’s Allottee about such termination at least thirty 30 (thirty) days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee agrees that he/ 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.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - Plot: The Promoter agrees and understands that timely delivery of the possession of the Plot to the allottee’s Allottee and the common areas Common Areas of the Project to the association Notified Agency and the Shared Common Facilities/Township Level Common Facilities consisting of allottee’s or basic infrastructure facilities of the competent authorityTownship like driveways, Roads, Street lighting, Power Supply and Distribution System and other facilities as described in the case may beDPR to the agency(ies) notified by the Lessor, i.e. the Notified Agency is the essence of the Agreement. The Promoter assures to hand over possession of the Plot along with ready and complete common areas with all specificationsCommon Areas, amenities and facilities if any, of the project in place Project on (Date) *•+, unless there is a 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 Project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions conditions, then the Allottee’s Allottee agrees that the Promoter shall be entitled to the extension of time for the delivery of possession of the Plot. Provided, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee agrees and confirms that, in the event it becomes become impossible for the Promoter to implement the project Project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee’s Allottee the entire amount received by the Promoter from the allotment within 45 (forty-five) days from that date. The promoter Promoter shall intimate the allottee’s Allottee about such termination at least thirty (30) days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee agrees that he/ 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. It is clarified that all amounts collected as GST and deposited with the appropriate authorities concerned shall not be returned by the Promoter and the Allottee shall be free to approach the authorities concerned for refund of such GST.

Appears in 2 contracts

Samples: Agreement for Sub Lease, Agreement for Sub Lease

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) Sagar, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 2 contracts

Samples: Draft Agreement for Sale, Draft Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule 7.1Schedule for possession of the said Plot - plot- The Promoter agrees and understands that timely delivery of possession of the Plot plot to the allottee’s Allottee and the common areas to the association of allottee’s 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 Plot plot 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 2 contracts

Samples: www.rera.mp.gov.in, www.rera.mp.gov.in

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with proportionately 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) 31-12-2019, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plotplot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

POSSESSION OF THE PLOT. 7.1 6.1 Schedule for possession of the said Plot - The Promoter Promoter/Transferor agrees and understands that timely delivery of possession of the Plot 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 Promoter/Transferor, based on the approved plans assures to hand over possession of the Plot 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 (i) war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature or any other event as prescribed under Applicable Laws (“Force Majeure”) affecting the regular development of the real estate project or (ii) any reasonable circumstances as may be approved by the authority concerned under Applicable Laws (“Force MajeureReasonable Circumstances”). If, however, the completion of the Project is delayed due to the Force Majeure conditions and/or due to Reasonable Circumstances then the Allottee’s /Transferee agrees that the Promoter Promoter/Transferor shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions and/or the Reasonable Circumstances are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s /Transferee agrees and confirms that, in the event it becomes impossible for the Promoter Promoter/Transferor to implement the project due to Force Majeure conditionsconditions and/or Reasonable Circumstances, then this allotment shall stand terminated and the Promoter Promoter/Transferor shall refund without interest to the Allottee’s /Transferee the entire amount received by the Promoter Promoter/Transferor from the allotment within 45 (forty five) 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/Transferee, the Allottee’s /Transferee agrees that he/ she he/she/it shall not have any rights, claims etc. against the Promoter Promoter/Transferor and that the Promoter Promoter/Transferor shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 2 contracts

Samples: Agreement for Sale Cum Assignment, Agreement for Sale Cum Assignment

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s Allottee or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) 31/12/20……. unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake Pandemic, consequent Lockdown 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over handover possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) 31.12.2027, unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s 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 Allottee(s) the entire amount received by the Promoter from the allotment Allottee with interest within 45 forty-five days from that date. The promoter Promoter shall intimate the allottee’s Allottee 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 Allottee agreed 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands andunderstands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) onSagar, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Draft Agreement for Sale

POSSESSION OF THE PLOT. 7.1 7.1. Schedule for possession of the said Plot - Plot. – The Promoter agrees and understands that timely delivery of possession of the Plot 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 Promoter, based on the approved plans, assures to hand over possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities on or before 12 months from the date of execution of the project Buyer Agreement Or on the execution of Conveyance Deed wherein the title of the plot and possession will stand conferred in place on (Date) favour of the Allottee, 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 theAllottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project Project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee’s Allottee the entire amount received by the Promoter from the allotment within 45 ninety days from that date. The promoter shall intimate the allottee’s about such date of termination at least thirty days prior to such terminationof allotment. After refund of the money paid by the Allottee’s, the Allottee’s Allottee agrees that he/ 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.

Appears in 1 contract

Samples: Buyer Agreement

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - Plot- The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the “PHASE-01” of the project in place on (Date) September 2021 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, Plot provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over handover possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) 31-12-2029 unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s 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 Allottee(s) the entire amount received by the Promoter from the allotment Allottee with interest within 45 forty-five days from that date. The promoter Promoter shall intimate the allottee’s Allottee 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 Allottee agreed 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.. For- Landowners Xxxxxxxx Xxx Xxxxx, Xxxx Xxx Xxxxx, Xxxxxxxx Xxxx, Xxxxxxxxxx Xxxxx, Xxxx Xxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxx Xxx, Xxxxx Xxxx, Xxxxx Xxxxx, Xxxx Xxxxx, Xxxxx Xxxxx, Xxxxxxx For- Xxxxx Xxxxxx Xxxxxxxxxx

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot plot along with ready and complete development of common areas with all specifications, amenities and facilities of the project in place on (Date) place. , 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over handover possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) 30-06-2024, unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter shall be shallbe entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s 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 Allottee(s) the entire amount received by the Promoter from the allotment Allottee with interest within 45 forty-five days from that date. The promoter Promoter shall intimate the allottee’s Allottee 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 Allottee agreed 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) 30th June, 2019, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot Plot] - The Promoter agrees and understands that timely delivery of possession of the Plot developed Plot, in the developed colony, to the allottee’s and the common areas to the association of allottee’s or the competent authority, as the case may be, allottee is the essence of the Agreement. The Promoter assures to hand over possession of the Plot along with ready and complete common areas with all specificationsdeveloped colony (Park, amenities and facilities Road, Drain, Sewer, Septic Tank, Electrification etc.) of the project in place on (Datedate) unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: A’ Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) or before 01.09.2019, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - Plot- The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) Bhopal, unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake or any other calamity caused by nature affecting the regular Regular development of the real estate project (“Force Majeure”)project. If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee’s Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. implemented The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - Plot- The Promoter agrees and understands that timely delivery of possession of the Plot 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 Promoter, based on the approved plans and specifications, assures to hand over possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities on or before the date of completion of the project in place on (Date) as disclosed to Authority at the time of registration of Project or such extended period as may be intimated and approved by Authority from time to time, unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake earthquake, strikes, lock-outs, action of labour unions, court cases/ decree/ stay, change of law, directions/ notifications of competent authority/ courts/ tribunals resulting in suspension of/ delay in execution of works, delay in issuance of approvals by Competent Authorities or any other causes (whether similar or dissimilar to the foregoing), shortage of energy, labour, equipment, facilities, materials or supplies, failure of transportation, or any other calamity caused by nature which are beyond the control of the Promoter 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 ninety days from that date. The promoter shall intimate the allottee’s about such date of termination at least thirty days prior to such terminationof allotment. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over handover possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) 20.01.2025 , unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s 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 Allottee(s) the entire amount received by the Promoter from the allotment Allottee with interest within 45 forty-five days from that date. The promoter Promoter shall intimate the allottee’s Allottee 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 Allottee agreed 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.

Appears in 1 contract

Samples: rera.rajasthan.gov.in

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas Common Areas to the association Association of allottee’s 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 Plot along with ready and complete common areas Common Areas with all specifications, amenities and facilities of the project 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 nature, Court orders, Government policy/guidelines, decisions, notification, order of any authority, change in law etc. affecting the regular development of the real estate project (“Force Majeure”)project. If, however, the completion of the Project is delayed due to the Force Majeure aforesaid conditions then the Allottee’s Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it makes its impossible for the contract to be implemented. The Allottee’s Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project 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 sixty days from that date. The promoter Promoter shall intimate the allottee’s Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by to the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot [/Plot] - The Promoter agrees and understands that timely delivery of possession of the Plot Apartment to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the PlottheApartment , provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over handover possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) 31.12.2025, unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter shall be shallbe entitled to the extension of time for delivery of possession of the PlotthePlot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s 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 Allottee(s) the entire amount received by the Promoter from the allotment Allottee with interest within 45 forty-five days from that date. The promoter Promoter shall intimate the allottee’s Allottee 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 Allottee agreed 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specificationsspecification s, 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, proj however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee’s Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee agrees and confirms that, in the event it becomes impossible for the Promoter to implement the project due to Force Majeure Majeur e conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee’s Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas Common Areas as specified in Schedule F to the association of allottee’s 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 Plot along with ready and complete common areas Common Areas as specified in Schedule F with all specifications, amenities and facilities of the project Project in place on (Date) by ………………………….., unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake earthquake, epidemic, pandemic, lockdown or any other calamity caused by nature or any government/ court order 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make makes it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 sixty days from that date. The promoter Promoter shall intimate the allottee’s Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Apartment of Plot - The Promoter Company agrees and understands that timely delivery of possession of the Apartment/ Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter Company assures to hand over handover possession of the Apartment/ Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) or before 30/09/2023, unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter Company shall be entitled to the extension of time for delivery of possession of the Apartment/ Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee(s) agrees and confirms that, in the event it becomes impossible for the Promoter Company to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee’s Allottee(s) the entire amount received by the Promoter Company from the allotment Allottee with interest within 45 forty-five days from that date. The promoter Company shall intimate the allottee’s Allottee 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 Allottee agreed that he/ she shall not have any rights, claims etc. against the Promoter Company and that the Promoter Company 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 PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) 31-07-2018, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plotplot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Apartment of Plot - The Promoter LLP agrees and understands that timely delivery of possession of the Apartment/ Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter LLP assures to hand over handover possession of the Apartment/ Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) or before 30/09/2023, unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter LLP shall be entitled to the extension of time for delivery of possession of the Apartment/ Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee(s) agrees and confirms that, in the event it becomes impossible for the Promoter LLP to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee’s Allottee(s) the entire amount received by the Promoter LLP from the allotment Allottee with interest within 45 forty-five days from that date. The promoter LLP shall intimate the allottee’s Allottee 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 Allottee agreed that he/ she shall not have any rights, claims etc. against the Promoter LLP and that the Promoter LLP 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 PLOT. 7.1 Schedule for possession of the said Plot [Plot] - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) date), unless there is delay or failure due to war, flood, drought, fire, cyclone, earthquake earthquake, unrest, non availability of essential materials 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement to Sale

POSSESSION OF THE PLOT. 7.1 6.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over handover possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) on----------------------, unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s 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 Allottee(s) the entire amount received by the Promoter from the allotment Allottee with interest within 45 forty- five days from that date. The promoter Promoter shall intimate the allottee’s Allottee 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 Allottee agreed 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.

Appears in 1 contract

Samples: rera.rajasthan.gov.in

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POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot plot - The Promoter agrees and understands that timely delivery of possession of the Plot theplot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) 30/06/2018, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plotplot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) date of possession, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plotplot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot [Apartment/Plot] to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot [Apartment/Plot] 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 earthquake, Lockdown 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot [Plot] - The Promoter agrees and understands that timely delivery of possession of the Plot [Plot] to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot [Plot] along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) 31/12/2018, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Plot], provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter Promoters agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter Promoters assures to hand over handover possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) or before 30/09/2020, unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter Promoters shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee(s) agrees and confirms that, in the event it becomes impossible for the Promoter Promoters to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee’s Allottee(s) the entire amount received by the Promoter Promoters from the allotment Allottee with interest within 45 forty-five days from that date. The promoter Promoters shall intimate the allottee’s Allottee 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 Allottee agreed that he/ she shall not have any rights, claims etc. against the Promoter Promoters and that the Promoter Promoters shall be released and discharged from all its obligations and liabilities under this Agreement.

Appears in 1 contract

Samples: rera.rajasthan.gov.in

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot Plot] 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot], provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s Allottee or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over possession of the Plot 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the PlotRow House/ Bungalow, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - plot- The Promoter agrees and understands that timely delivery of possession of the Plot plot to the allottee’s Allottee and the common areas to the association of allottee’s 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 Plot plot 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Annexure ‘A’ Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot plot - The Promoter agrees and understands that timely delivery of possession of the Plot plot to the allottee’s Allottee and the common areas to the association of allottee’s Allottee or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over possession of the Plot plot 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plotplot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s Allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) 31/12/2018, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plotplot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) September 2018, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over handover possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) , unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s 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 Allottee(s) the entire amount received by the Promoter from the allotment Allottment within 45 forty-five days from that date. The promoter Promoter shall intimate the allottee’s Allottee 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 Allottee agreed 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - Plot: The Promoter agrees and understands that timely delivery of the possession of the Plot to the allottee’s Allottee and the common areas Common Areas of the Project to the association Notified Agency and the Shared Common Facilities/Township Level Common Facilities consisting of allottee’s or basic infrastructure facilities of the competent authorityTownship like driveways, Roads, Street lighting, Power Supply and Distribution System and other facilities as described in the case may beDPR to the agency(ies) notified by the Lessor, i.e. the Notified Agency is the essence of the Agreement. The Promoter assures to hand over possession of the Plot along with ready and complete common areas with all specificationsCommon Areas, amenities and facilities if any, of the project in place Project on (Date) 31 December 2023, unless there is a 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 Project (“Force Majeure”). If, however, the completion of the Project is delayed due to the Force Majeure conditions then the Allottee’s Allottee agrees that the Promoter shall be entitled to the extension of time for the delivery of possession of the Plot. Provided, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee agrees and confirms that, in the event it becomes become impossible for the Promoter to implement the project Project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee’s Allottee the entire amount received by the Promoter from the allotment within 45 (forty-five) days from that date. The promoter Promoter shall intimate the allottee’s Allottee about such termination at least thirty (30) days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee agrees that he/ 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. It is clarified that all amounts collected as GST and deposited with the appropriate authorities concerned shall not be returned by the Promoter and the Allottee shall be free to approach the authorities concerned for refund of such GST.

Appears in 1 contract

Samples: 202.61.117.163

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) March 2019, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: www.rera.mp.gov.in

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot [Plot] - The Promoter agrees and understands that timely delivery of possession of the Plot [Plot] to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot [Plot] 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Plot], provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Apartment of Plot - The Promoter Company agrees and understands that timely delivery of possession of the Apartment/ Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter Company assures to hand over handover possession of the Apartment/ Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) or before 31/03/2024, unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter Company shall be entitled to the extension of time for delivery of possession of the Apartment/ Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee(s) agrees and confirms that, in the event it becomes impossible for the Promoter Company to implement the project due to Force Majeure conditions, then this allotment shall stand terminated and the Promoter shall refund to the Allottee’s Allottee(s) the entire amount received by the Promoter Company from the allotment Allottee with interest within 45 forty-five days from that date. The promoter Company shall intimate the allottee’s Allottee 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 Allottee agreed that he/ she shall not have any rights, claims etc. against the Promoter Company and that the Promoter Company 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 PLOT. 7.1 Schedule for possession of the said Plot [/Plot] - The Promoter agrees and understands that timely delivery of possession of the Plot Apartment to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot Apartment along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) _30th October 2019, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the PlottheApartment , provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) 31-Dec-2020, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 90 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over handover possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) or before 20.01.2023 unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s 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 Allottee(s) the entire amount received by the Promoter from the allotment Allottee with interest within 45 forty- five days from that date. The promoter Promoter shall intimate the allottee’s Allottee 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 Allottee agreed 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.. For J_

Appears in 1 contract

Samples: rera.rajasthan.gov.in

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) 14th December 2023, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot plot along with ready and complete common areas with all specifications, amenities and facilities of the project in place on (Date) 31-12-2018, 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plotplot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 60 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

POSSESSION OF THE PLOT. 7.1 6.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s Allottee and the common areas to the association of allottee’s Maintenance Society or the competent authority, as the case may be, is the essence of the Agreement. The Promoter assures to hand over handover possession of the Plot along with ready and complete common areas with all specifications, amenities and facilities of the project Project in place on (Date) on----------------------, unless there is delay or failure due to war, flood, drought, fire, cyclone, cyclone earthquake or any other calamity caused by nature affecting effecting 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the Plot, provided that such Force Majeure conditions are not of a nature, nature which make it impossible for the contract to be implemented. The Allottee’s 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 Allottee(s) the entire amount received by the Promoter from the allotment Allottee with interest within 45 forty-five days from that date. The promoter Promoter shall intimate the allottee’s Allottee 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 Allottee agreed 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.

Appears in 1 contract

Samples: rera.rajasthan.gov.in

POSSESSION OF THE PLOT. 7.1 Schedule for possession of the said Plot - The Promoter agrees and understands that timely delivery of possession of the Plot to the allottee’s allottee and the common areas to the association of allottee’s 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 Plot 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 Allottee agrees that the Promoter shall be entitled to the extension of time for delivery of possession of the [Apartment/Plot], provided that such Force Majeure conditions are not of a nature, which make it impossible for the contract to be implemented. The Allottee’s Allottee 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 Allottee the entire amount received by the Promoter from the allotment within 45 days from that date. The promoter shall intimate the allottee’s allottee about such termination at least thirty days prior to such termination. After refund of the money paid by the Allottee’s, the Allottee’s Allottee 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.

Appears in 1 contract

Samples: Agreement for Sale

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