First Charge. In the event of sale and transfer of its Apartment by the Defaulter Apartment Acquirer, the Developer or the Association, as the case may be, will have first charge and/or lien over the sale proceeds for the purpose of realisation and/or recovery of the Maintenance Default Amount together with interest accrued thereon.
First Charge. The charge upon the Equipment evidenced by this Agreement shall be a first charge against such assets.
First Charge. (1) The amount of purchase price or the balance thereof as the case may be as is due under the terms and conditions of the Tender Notice and the terms and conditions of this agreement, the Adhiniyam and the rules, shall form first charge on the Tendu leaves taken delivery of by the purchaser.
First Charge. The Seller shall have the first lien and charge on the Schedule `C' Unit to be constructed by the Seller under the terms of this Agreement and its Possession shall lie with the Seller until all the payments are made to the Seller by the Purchaser/s under this Agreement.
First Charge. In the event of sub-lease of the Unit by the Sub Lessee, the Sub Lessor and after them the H.O., will have first charge and / or lien over the Sub Lease proceeds for payment of the arrears along with interest accrued thereon.
First Charge. The Purchaser and the Vendor agree that the Royalty constitutes an interest in land and claims, and the Vendor may register notice of the Royalty Agreement on title to the Properties in the appropriate land registry office and appropriated mining office as a first charge on the Property. The Vendor agrees to negotiate with the Purchaser in good faith at any time should the registration of the Royalty on title have the effect of impairing the Purchaser's ability to conduct business including but not limited to arranging joint venture agreements or debt financings.
First Charge. 7.7.1 After the mortgage created in favour of IDBI Trusteeship Services Limited is cleared, the Seller shall have the first charge and lien over the Schedule B Property and the Apartment and shall retain possession thereof until all the payments are made to the Seller by the Purchaser under this Agreement and under the Construction Agreement.
First Charge. In the event of sale and transfer of the Unit by the Purchaser(s), the Owner/Vendor and after them, the Association/ Maintenance Authority, will have first charge and/or lien over the sale proceeds for payment of the arrears along with interest accrued thereon.
