Ultimate Organization definition

Ultimate Organization means the company / condominium / society / other permissible legal entity to be formed in respect of the Building as contemplated in Clause 14.
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Ultimate Organization means the company/ condominium/society/other permissible legal entity to be formed in respect of the Building as contemplated in Clause 14.
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Ultimate Organization means the Ultimate Organization to be formed in the manner contemplated herein.”
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Examples of Ultimate Organization in a sentence

  • It shall be the responsibility of the Allottee(s) to inform the Ultimate Organization about the lien/charge of such banks/financial institutions and the Company shall not be liable or responsible for the same in any manner whatsoever.

  • The Ultimate Organization shall get the new transferees admitted as its members without payment of any premium or transfer fees.

  • The Ultimate Organization shall get the new transferees admitted as its members without payment of any premium or transfer fees to the Ultimate Organization.

  • The Purchaser/s shall have no objection for the said new purchaser/s to be admitted as members of the Ultimate Organization.

  • The Purchaser/s shall have no objection for the new purchaser/s to be admitted as members of the Ultimate Organization.

  • The terrace shall not be enclosed by the said flat Allottee/s to whom it is allotted, till the permission in writing is obtained from the concerned local authority and the Promoter or the Ultimate Organization as the case may be.

  • It is further agreed between the parties hereunto that the Flat Purchaser/s or the Ultimate Organization shall be responsible for maintaining all the common areas and amenities after the Developer discontinues the maintenance or handover the maintenance to the Ultimate Organization.

  • The terrace shall not be enclosed by the said Flat Purchaser/s to whom it is allotted, till the permission in writing is obtained from the concerned Local Authority and the Developer or the Ultimate Organization as the case may be.

  • The Property Tax for any unsold units in the Building after the formation of the Ultimate Organization, shall be payable by the Company as charged by the competent Authorities, till such unsold units are sold.

  • The Allottee/s shall also observe and perform all the stipulations and conditions lay down by the Ultimate Organization regarding the occupation and use of the said Flat and shall pay and contribute regularly and punctually towards the taxes, expenses and other outgoings in accordance with the terms and conditions of this Agreement.