RESERVATION & SUPERCESSION Clause Samples
The RESERVATION & SUPERCESSION clause defines how the current agreement interacts with previous agreements or understandings between the parties. Typically, this clause specifies that the present contract supersedes all prior negotiations, representations, or agreements, ensuring that only the terms within the current document are legally binding. Its core function is to prevent confusion or disputes by clarifying that no earlier discussions or documents have legal effect unless explicitly incorporated, thereby ensuring clarity and certainty in the contractual relationship.
RESERVATION & SUPERCESSION. 7.1 This deed supersedes all writing, understandings, agreement, brochures and any other agreement between the parties hereto and to the Allottee agrees not to rely on the same save and except the applicable covenants of the said agreement for sale of the Apartment.
7.2 The right of the Allottee shall remain restricted to the said Apartment and common area and portions and in no event the Allottee shall be entitled and hereby agrees not to claim any right in respect of the other parts or portions of the building and the said premises. Promoter shall be entitled tosell and transfer the said open spaces by way of open car parking/ two ▇▇▇▇▇▇▇ parking zones or area.
7.3 It is clearly understood and envisaged that the Promoter shall always be entitled to use and utilize the side open spaces for any of its purposes including to create car parking and vehicle zones in the side open spaces and to sell the car parking areas and spaces independently whether such open car parking spaces have been officially sanctioned or not and the Allottee undertakes not to make or raise any objection thereto.
7.4 The Allottee covenants that the Allottee and/or association shall not at any point of time object or oppose the use of the roof by the Promoter, its licensee and/or any other users and occupiers of the commercial area for installation, upkeep and/or maintenance of antenna and/or v-sat towers etc.
7.5 The Allottee covenants and agrees that the Allottee singally and/or in unison with any other Apartment Holder at the said complex shall not object to the Promoters right to use, convent, utilize the roof or any part of it and/or he open terraces appurtenant to any Apartment for the purpose of creating, installing of a private terrace garden or a pent house etc. as per the Plan inspected by the Authority.