Common use of Area Calculations Clause in Contracts

Area Calculations. a. Carpet Area of Apartment: The carpet area for the Apartment or any other apartment shall mean the net usable floor area of such Apartment, excluding the area covered by the external walls, areas under services shafts, and exclusive balcony but includes the area covered by internal partition walls of the Apartment. b. Balcony Area: The net usable area of the exclusive covered balcony/ies (if any) attached to the Apartment.

Appears in 3 contracts

Sources: Sale Agreement, Transfer Agreement, Transfer Agreement

Area Calculations. a. (i) Carpet Area of Apartment: The carpet area for the Apartment or any other apartment shall mean the net usable floor area of such Apartmentapartment, excluding the area covered by the external walls, areas under services shafts, and exclusive balcony but includes the area covered by internal partition walls of the ApartmentApartment [as well as the store room]. b. (ii) Balcony Area: The net usable area of the exclusive covered balcony/ies (if any) attached to the Apartmentapartment.

Appears in 2 contracts

Sources: Sale Agreement, Sale Agreement

Area Calculations. a. (i) Carpet Area of Apartment: The carpet area for the Apartment or any other apartment shall mean the net usable floor area of such Apartmentapartment, excluding the area covered by the external walls, areas under services shafts, and exclusive balcony but includes the area covered by internal partition walls of the Apartment. b. (ii) Balcony Area: The net usable area of the exclusive covered balcony/ies (if any) attached to the ApartmentFlat.

Appears in 1 contract

Sources: Agreement for Sale