Common use of TIME IS ESSENCE Clause in Contracts

TIME IS ESSENCE. 5.1 Time is of essence for the Promoter as well as the Allottee. The Promoter shall abide by the time schedule for completing the project and handing over the [Apartment] to the Allottee and the common areas to the association of the allottees o r t he com p e te nt a u th or i t y , a s t he c a se ma y be .

TIME IS ESSENCE. 5.1 Time is of essence for or the Promoter as well as the Allottee. The Promoter shall abide by the time schedule for completing the project and handing over the [Apartment] to the Allottee and the common areas to the association of the allottees o r t he com p or th e co mp e te nt n t a u th or o r i t y y, a s as t he c a se ma y be .

TIME IS ESSENCE. 5.1 Time is of essence for or the Promoter as well as the Allottee. The Promoter shall abide by the time schedule for completing the project and handing over the [Apartment] to the Allottee and the common areas to the association of the allottees o r t he com p or th e co mp e te nt n t a u th or i t y y, a s t he as the c a se ma y be .