Plots definition
Examples of Plots in a sentence
Wherever in this Agreement it is stipulated that the Allottee has to make any payment, in common with other Allottee(s) in Project, the same shall be calculated proportionately with the area of the Plot bears to the total area of all the Plots in the Project.
The common enjoyment and ownership with each right and privilege leading to corresponding duties and obligations is critical to the transaction and hence the clauses including the negative covenants are vital for the common benefit and enjoyment of the Proposed Plots, the respective owners and the common amenities therein.
The Allottee/s hereby covenants and agrees that the consideration agreed herein is based on the mutual negotiations between the Allottee/s and the Promoter, the Allottee/s shall have no right to renegotiate on the consideration in comparison with the other Allottee/s of the Plots within the said Project for whatsoever other reasons may be.
That the Allottee/s is / are fully aware that the Development is being done in phases / stages and that the Development of all the Plots will not be completed at the same time.
The Promoter reserves the exclusive and absolute right, power and authority to develop the remaining portions of the entire development, in various stages from time to time and retain portions thereof for any purpose and exploit the same now or later and deal with the same in the manner it deem it fit in which neither the Allottee/s nor the other Allottee/s of Plots in the said Project, shall have any right for objection or concern therein.