PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES Sample Clauses

PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES. It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the Project shall equally be applicable to and enforceable against any subsequent Allottees of the [Apartment/Plot], in case of a transfer, as the said obligations go along with the [Apartment/Plot] for all intents and purposes.
AutoNDA by SimpleDocs
PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES. It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the Apartment and the Project shall equally be applicable to and enforceable against and by any subsequent Allottees of the Apartment, in case of a transfer, as the said obligations go along with the Apartment for all intents and purposes.
PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES. It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the Bungalow and the Project shall equally be applicable to and enforceable against and by any subsequent Allottees of the Bungalow, in case of a transfer, as the said obligations go along with the Bungalow for all intents and purposes.
PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES. It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the Flat and the Project shall equally be applicable to and enforceable against and by any subsequent Allottees of the Flat, in case of a transfer, as the said obligations go along with the Flat for all intents and purposes.
PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES. It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the Duplex and the Project shall equally be applicable to and enforceable against and by any subsequent Allottees of the Duplex, in case of a transfer, as the said obligations go along with the Duplex for all intents and purposes.
PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES. It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the
PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES. It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the plot [Apartment/Plot] and the Project shall equally be applicable to and enforceable against and by any subsequent Allottees of the plot [Apartment/Plot], in case of a transfer, as the said obligations go along with the plot [Apartment/Plot] for all intents and purposes. In case of transfer and/or resale of the property being allotted, subsequent allottees shall take NOC from the Promoter by paying transfer charges for the total area of the Plot according to the rates as per Government/ Semi Government Housing agency’s norms whichever is higher.
AutoNDA by SimpleDocs
PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES. It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the [Apartment/Plot] and the Project shall equally be applicable to and enforceable against and by any subsequent Allottees of the [Apartment/Plot], in case of a transfer, as the said obligations go along with the [Apartment/Plot] for all intents and purposes. The Allottee hereby agree that he/she/they shall take No Dues Certificate from the Promoter / maintenance agency / Association Of Allottees before any sale/transfer of the said apartment to any third party.
PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES. The Promoter may at its sole discretion permit such assignment/transfer of this Agreement in favour of a nominee of the Allottee on a case to case basis subject always to payment of the administrative charges and/or transfer charges in accordance with the Promoter's policy for the time being as well as the execution of appropriate collateral documentation by the Allottee and the proposed nominees(s)/assignee(s)/transferee(s), to the complete satisfaction of the Promoter. In the event the Allottee has obtained finance/loan against the said Unit from any financial institution/bank, then a no objection certificate/letter by such financial institution/bank shall also be submitted to the Promoter, permitting/consenting to the requested assignment/transfer, by the Allottee. It is however made clear that the Allottee does not have any enforceable right to demand assignment/transfer of its rights under this Agreement and the Promoter is entitled to reject the requested assignment/transfer of this Agreement without assigning any reasons. In the event that any such request for assignment/transfer of rights under this Agreement is permitted by the Promoter, it shall always be subject to the applicable laws, rules, regulations and the directions of the Government. The Allottee hereby indemnifies and undertakes to keep the Promoter saved, indemnified and harmless at all times from any legal, monetary (including liability for any tax, penalty or dues, etc.), or any other adverse consequence whatsoever on account of such permission being accorded by the Promoter on the request of the Allottee. It is made clear to the Allottee that under no circumstances shall the permission for assignment/transfer of its rights under this Agreement be granted to the Allottee on any request made either subsequent to the Notice of Possession for the said Unit or after receipt of the complete Sale Consideration from the Allottee against the said Unit. In the event of the assignment/transfer of the Allottee's rights under this Agreement in favour of any third person as its nominee(s), such nominee(s) shall in turn be bound by all the terms and conditions stipulated herein and the letter of Allotment or any other document executed in this respect by the Allottee. It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the Project shall equally be applicable to and enforceable against ...
PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES. It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the LIG/ EWS flat [Apartment/Plot] and the Project shall equally be applicable to and enforceable against and by any subsequent Allottees of the LIG/ EWS flat [Apartment/Plot], in case of a transfer, as the said obligations go along with the LIG/ EWS flat [Apartment/Plot] for all intents and purposes.
Time is Money Join Law Insider Premium to draft better contracts faster.