Common use of DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE Clause in Contracts

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement he shall not mortgage or create a charge on the [Apartment / Plot / Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who has taken or agreed to take such [Apartment/Plot/Building].

Appears in 20 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

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DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement he Agreement the Developer shall not any further mortgage or create a any further charge on the [Apartment / Plot / Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee Allottees who has have taken or agreed to take such [Apartment/Plot/Building].

Appears in 4 contracts

Samples: By And, Agreement for Sale, Agreement for Sale

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement Agreement he shall not mortgage or create a charge on the [Apartment / Plot / Building] Flat and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee Purchaser/s who has taken or agreed to take such [Apartment/Plot/Building]Flat.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement Agreement he shall not mortgage or create a charge on the [Apartment / Plot / Building] Flat and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee Purchasers who has taken or agreed to take such [Apartment/Plot/Building]Flat.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement Agreement he shall not mortgage or create a charge on the [Apartment / Plot / Apartment/Plot/Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who has taken or agreed to take such [Apartment/Plot/Building].

Appears in 2 contracts

Samples: 202.61.117.163, 202.61.117.163

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement he Agreement the Developer shall not any further mortgage or create a any further charge on the [Apartment / Plot / Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who has have taken or agreed to take such [Apartment/Plot/Building].

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement Agreement he shall not mortgage or create a charge on the [Said Apartment / Plot / Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who has taken or agreed to take such [Said Apartment and Developer shall obtain NOC from the lender for selling the Said Apartment/Plot/Building].

Appears in 1 contract

Samples: Agreement for Sale

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement Agreement he shall not mortgage or create a charge on the [Apartment / Plot / Apartment/Plot/ Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee Purchaser who has taken or agreed to take such [Apartment/Plot/Building].

Appears in 1 contract

Samples: Agreement for Sale

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement Agreement, he shall not mortgage or create a charge on the [Apartment / Plot / Flat/unit/Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee Allottee/ Purchaser who has taken or agreed to take such [ApartmentFlat/Plotunit/Building].

Appears in 1 contract

Samples: Agreement for Sale

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement he Agreement, it shall not mortgage or create a charge on the [Apartment / Plot / Building] Unit and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who has taken or agreed to take such [Apartment/Plot/Building]the Unit.

Appears in 1 contract

Samples: Agreement for Sale

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DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement he shall not mortgage or create a charge on the [Apartment / Apartment/ Plot / Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who has taken or agreed to take such [Apartment/Plot/Building].

Appears in 1 contract

Samples: Agreement for Sale

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement he shall not mortgage or create a charge on the [Apartment / Plot / Building] and Apartmentand if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who has taken or agreed to take such [Apartment/Plot/Building].

Appears in 1 contract

Samples: Agreement for Sale

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement Agreement he shall not mortgage or create a charge on the [Apartment / Plot / Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the affectthe right and interest of the Allottee who has taken or agreed to take such [Apartment/Plot/Building].

Appears in 1 contract

Samples: 202.61.117.163

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement Agreement, he shall not mortgage or create a charge on the [Apartment / Plot / Apartment/Plot/ Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee Purchaser who has taken or agreed to take such [Apartment/Plot/Building].

Appears in 1 contract

Samples: Agreement for Sale

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. 19.1 After the Developer executes this agreement Agreement he shall not mortgage or create a charge on the [Apartment / Plot / Building] theApartment and if any such mortgage or charge is made or created then notwithstanding anything contained in any other anyother law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who Allotteewho has taken or agreed to take such [Apartment/Plot/Building]suchApartment.

Appears in 1 contract

Samples: Agreement for Sale

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