Said Scheme Sample Clauses

Said Scheme. For selling the Units comprised in the Developer’s Allocation and in the Additional Developer’s Allocation, the Developer has adopted a scheme (Said Scheme). The Said Scheme is based on the legal premises that (1) the land contained in the Said Property is owned by the Owners and hence Land Shares therein must be transferred by the Owners, (2) such transfer by the Owners is in consideration of the Developer bearing all costs for the construction of the Owners’ Allocation except the Additional Developer’s Allocation and paying all other consideration to the Owners, (3) consequently, prospective purchaser (Intending Buyers) is nominee of the Developer and would have to pay all consideration for the Land Shares to the Developer and not the Owners, (4) the Units comprised in the Developer’s Allocation belong to the Developer as they have been constructed by the Developer at the Developer’s own cost and hence they shall be transferred by the Developer, (5) to give perfect title to the Intending Buyers, the Owners and the Developer should jointly enter into agreement with the Intending Buyers where under the Owners (accepting the Intending Buyers to be nominee of the Developer) would agree to sell Land Shares to the Intending Buyers and the Developer would agree to sell Units comprised in the Developer’s Allocation to the Intending Buyers and (6) the consolidated consideration payable by the Intending Buyers (for the Units and the Land Shares) should be received entirely by the Developer.
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Said Scheme. The Promoter formulated a scheme for sale of the Apartments, Commercial units/shops and Parking Spaces (Said Scheme). The Said Scheme is based on the legal premise that (1) the Promoter has got legal title of the ‘said Property’ (2) such sale of Apartment and Appurtenances, Commercial units/shops by the Promoter to the Allottees shall be subject to the Allottees paying to the Promoter the agreed Total Price on account therefor as provided hereafter, which include the proportionate costs of installation of Grid Tied Rooftop Solar Panel (3) to give perfect title to the Allottees, the Promoter shall enter into agreement with the Allottees where under the Promoter shall agree to transfer its right in respect of the Said Apartments and Appurtenances to the Allottees and (5) the agreed Total Price payable by the Allottees entirely to the Promoter. (6) The Allottees consents that only one member of his/her family will be entitled to be allotted only one flat in Xxxxxxx Xxxx Xxxxxxxxx Xxxxx 0. The term “Family” shall mean and include the applicant, spouse and unmarried or dependent children.
Sample 1
Said Scheme. The Developer formulated a scheme for sale of the Apartments and Parking Spaces (Said Scheme). The Said Scheme is based on the understanding that (1) the Owners own the Said Premises (2) the Owners have appointed the Developer to develop the Said Premises conditional to the Developer bearing all costs for the construction of the Said Complex (3) the Buyers shall pay the consideration for the Said Apartment And Appurtenances to the Developer out of which the Developer shall makeover the Owners’ Share in the Consideration to the Owners, as envisaged in the Development Agreement (4) since the Developer has been authorized to implement the Said Scheme and (5) to give perfect title to the Buyers, the Owners and the Developer shall jointly enter into agreement with the Buyers.
Sample 1Sample 2
Said Scheme. For selling the Units comprised in the Owners' Allocation, the Owners have adopted a scheme (Said Scheme). The Said Scheme is based on the legal premises that (1) the land contained in the Said Premises is owned by the Owners and hence, Land Shares therein must be transferred by the Owners on the basis of their individual shares in the Said Premises (2) prospective purchasers (Intending Buyers) are nominees of the Owners and would have to pay all consideration for the Units, Parking Spaces and other saleable spaces comprised in the Owners' Allocation to the Owners and not to the Developer/Confirming Party (3) to give perfect title to the Intending Buyers, the Owners and the Developer/Confirming Party should jointly enter into agreement with the Intending Buyers where under the Owners shall sell the Units, Parking Spaces and other saleable spaces comprised in the Owners' Allocation to the Intending Buyers and the Developer/Confirming Party shall confirm such sale in favour of the Intending Buyers since the same has been constructed by the Developer/Confirming Party at the Developer's cost and (4) the consolidated consideration payable by the Intending Buyers (for the Units and the Land Shares) should be received entirely by the Owners.
Sample 1
Said Scheme. For selling the Flats comprised in the Developer’s Allocation, the Developer has adopted a scheme (Said Scheme). The Said Scheme is based on the legal premises that (1) the land contained in the Said Premises is owned by the Owners and hence Land Shares therein must be transferred by the Owners, (2) such transfer by the Owners is in consideration of the Developer bearing all costs for the construction of the Owners’ Allocation and paying all other consideration to the Owners, (3) consequently, prospective purchasers (Intending Buyers) are nominees of the Developer and would have to pay all consideration for the Land Shares to the Developer and not the Owners,
Sample 1
Said Scheme. The Promoter formulated a scheme for sale of the Apartments, and Parking Spaces (Said Scheme). The Said Scheme is based on the legal premise that
Sample 1
Said Scheme. The Transferor formulated a scheme for transfer of the Apartments, Commercial units/shops and Parking Spaces (Said Scheme). The Said Scheme is based on the legal premise that (1) the Transferor has got leasehold interest in the Said Property and hence such leasehold interest in the Apartments and Appurtenances shall be transferred in favour of the Transferees for the residue of the unexpired period of 99 (ninety-nine) years under the Said Deed together with option for renewal thereof for a further term of 99 (ninety-nine) years (2) such transfer of Apartment and Appurtenances, by the Transferor to the Transferees shall be subject to the Transferee paying to the Transferor the agreed Total Price on account therefor as provided hereafter, which include the proportionate costs of installation of Grid Tied Rooftop Solar Panel (3) to give perfect title to the Transferees, the Transferor shall enter into agreement with the Transferees where under the Transferor shall agree to transfer its leasehold right in respect of the Said Apartments and Appurtenances to the Transferees and (5) the agreed Total Price payable by the Transferees entirely to the Transferor. (6) The Transferee consents that only one member of his/her family will be entitled to be allotted only one flat in Solaris Bonhooghly. The term “Family” shall mean and include the applicant, spouse and unmarried or dependent children;
Sample 1
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Said Scheme. The Promoter has formulated a scheme for sale/transfer of the residential apartments, commercial units/shops and parking spaces (Said Scheme). The Said Scheme is based on the legal premise that (1) the Promoter has got legal title to the ‘Larger Property’, (2) such sale/transfer of residential apartments, commercial Units/Shops and parking spaces by the Promoter to the Allottee shall be subject to the Allottee paying to the Promoter the agreed Total Price on account therefore as provided hereinafter, which includes the Extra Charges, (3) to give perfect title to the Allottee, the Promoter shall enter into an agreement with the Allottee where under the Promoter shall agree to convey its right in respect of the Said Apartment and Said Parking Spaces and Commercial Units/Shops to the Allottee and (4) the agreed Total Price which includes the Extra Charges shall be payable by the Allottee entirely to the Promoter.
Sample 1

Related to Said Scheme

  • Compensation Scheme If you make a complaint and we are unable to meet our liabilities, you may be entitled to compensation from the Financial Services Compensation Scheme. For investment business you will be covered up to a maximum of £50,000. Further information about these amounts and limits for all other product types are available from the FSCS at xxxx://xxx.xxxx.xxx.xx/what-we-cover/products Anti-Money laundering We are required by the anti-money laundering regulations to verify the identity of our clients, to obtain information as to the purpose and nature of the business which we conduct on their behalf, and to ensure that the information we hold is up-to-date. For this purpose we may use electronic identity verification systems and we may conduct these checks from time to time throughout our relationship, not just at the beginning.

  • Split Shifts No shift shall be split for a period longer than the regularly scheduled meal and rest periods as provided for in Article 14.08.

  • Mandatory Mediation Prior to and as a condition of either Party’s filing suit in state or federal court, the Parties shall engage in a mediated settlement conference in accordance with the North Carolina Superior Court Rules Implementing Statewide Mediation. The Parties shall mediate in good faith until settlement is reached or an impasse is declared by the mediator.

  • Financial Services Compensation Scheme We are a participant in the Financial Services Compensation Scheme (the “FSCS”). As a retail client you may be eligible to claim compensation from the FSCS in certain circumstances if we, any approved bank, our nominee company or eligible custodian are in default. Most types of investment business are covered in full for the first £85,000 of any eligible claim. Not every investor is eligible to claim under this scheme: for further information please contact us, or the FSCS directly at xxx.xxxx.xxx.xx.

  • Indigenous Peoples 8. The Borrower shall ensure, or cause the Project Executing Agency and Project Implementing Agency to ensure, that the Project does not have any indigenous peoples impacts, within the meaning of the SPS. In the event that the Project or any Subproject does have any such impact, the Borrower shall take, or cause the Project Executing Agency or Project Implementing Agency to take, all steps required to ensure that the Project or Subproject complies with the applicable laws and regulations of the Borrower and with the SPS.

  • Split Shift Except as otherwise provided in subsection B. below, any employee required to work a split shift shall be paid at a rate of five percent over and above his/her regular straight-time hourly rate of pay for the entire number of hours so worked. For purposes of this subsection "split shift" is defined as any eight hour daily tour of duty taking more than nine and one-half consecutive hours to complete.

  • Deferred Salary Scheme Employees may apply to have their salary payments deferred in accordance with the provisions of this clause.

  • No Split Shifts With the exception of the meal period, an employee's shift for the day shall be comprised of consecutive hours of work unless otherwise mutually agreed to between the employee and the Co-operative.

  • DISCHARGE AND DISCIPLINARY PROCEDURE 8.01 Management shall not take disciplinary action without first warning the employee, unless the circumstances justify immediate suspension or discharge. In the event of a claim that an employee has been discharged or suspended unjustly or unreasonably, the grievance shall be filed at Step Three (3) of the grievance procedure within five (5) working days.

  • Government and Service Employees' Union The leave shall be for a period of three years and shall be renewed upon request.

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