Prior Intimation Clause Samples

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Prior Intimation. The Purchaser(s) can assign, transfer, lease or part with possession of the said Premises with the prior intimation to THDCL. In such an event, except sale, it shall be the responsibility of the Purchaser(s) to continue to pay the charges pertaining to the said Premises of whatsoever nature payable under this Agreement to THDCL. The Purchaser(s) undertakes that it shall not divide / sub- divide the said Premises in parts without the prior consent of THDCL, except the partitions, additions, and alterations as provided in the Agreement. It is further agreed by the Purchaser(s) that he/she/they shall make sure that in the event the said Premises is transferred / sold or the Purchaser(s) gives temporary possession to any third party, such person shall from time to time, sign all applications, papers and documents and do all the acts, deeds, which THDCL require necessary for safeguarding its interest in the Complex.

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