Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their allotment in the Project as provided in the Act subject to the Allottee having complied with all their obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose to cancel/withdraw from the Project without any default of the Promoter/Owners under this Agreement, the Promoter/Owners herein is/are entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners towards the Total Price only shall be returned by the Promoter/Owners to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 2 contracts
Sources: Sale Agreement, Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners Promoter under this Agreement, the Promoter/Owners Promoter herein is/are is entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners Promoter towards the Total Price shall only shall be returned by the Promoter/Owners Promoter to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The PromoterGST paid by the Allottee shall be refundable only if the Promoter receives refund/Owners credit for the same from the concerned authorities. Such refund, if any, shall be made within 30 days of receipt/credit of GST. The Promoter shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 2 contracts
Sources: Sale Agreement, Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners Promoter under this Agreement, the Promoter/Owners owner herein is/are is entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners owner towards the Total Price shall only shall be returned by the Promoter/Owners owner to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. parties The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners owner shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 2 contracts
Sources: Sale Agreement, Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners under this Agreement, the Promoter/Owners herein is/are entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners towards the Total Price shall only shall be returned by the Promoter/Owners to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell transfer the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners Transferors under this Agreement, the Promoter/Owners Transferors herein is/are entitled to forfeit the booking amount Booking Amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners Transferors towards the Total Price Price/Agreed Premium shall only shall be returned by the Promoter/Owners Transferors to the Allottee within 45 days of such without any interest upon cancellation or within such further time as may be agreed between the parties. The It is expressly agreed that the fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, brokerage etc. shall not be refundablerefundable under any circumstances in case of any cancellation of this Agreement for any reason including under this clause. The Promoter/Owners Transferors shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell transfer the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Transfer Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the PromoterSecond Party/Owners Promoter under this Agreement, the PromoterSecond Party/Owners Promoter herein is/are is entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the PromoterSecond Party/Owners Promoter towards the Total Price shall only shall be returned by the PromoterSecond Party/Owners Promoter to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The PromoterSecond Party/Owners Promoter shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Office Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-non- compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners under this Agreement, the Promoter/Owners herein is/are entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners towards the Total Price shall only shall be returned by the Promoter/Owners to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners Promoter under this Agreement, the Promoter/Owners Promoter herein is/are is entitled to forfeit the sum of Rs.3,00,000/- or 5% (five percent) of the total consideration amount, whichever may be higher, out of the booking amount or any other amount paid for under this agreement towards the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners Promoter towards the Total Price shall only shall be returned by the Promoter/Owners Promoter to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners Promoter shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-non- compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners Vendors under this Agreement, the Promoter/Owners Promoter herein is/are is entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners Promoter towards the Total Price shall only shall be returned by the Promoter/Owners Promoter to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners Promoter shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-non- compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners Promoter under this Agreement, the Promoter/Owners Promoter herein is/are is entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners Promoter towards the Total Price shall only shall be returned by the Promoter/Owners Promoter to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners Promoter shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners under this Agreement, the Promoter/Owners herein is/are entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners towards the Total Price shall only shall be returned by the Promoter/Owners to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners Promoter under this Agreement, the Promoter/Owners Promoter herein is/are is entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners Promoter towards the Total Price shall only shall be is returned by the Promoter/Owners Promoter to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners Promoter shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners Vendors under this Agreement, the Promoter/Owners Vendors herein is/are entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners Vendors towards the Total Price shall only shall be returned by the Promoter/Owners Vendors to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. parties The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners Vendors shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-non- compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners Owner under this Agreement, the Promoter/Owners Owner herein is/are is entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners Owner towards the Total Price shall only shall be returned by the Promoter/Owners Owner to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners Owner shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject Actsubject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and timeand there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided law;Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners Owner under this Agreement, the Promoter/Owners Owner herein is/are is entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to Allotteeto the Promoter/Owners Owner towards the Total Price shall only shall be returned by the Promoter/Owners Owner to the Allottee within 45 days of such cancellation or cancellationor within such further time as may be agreed between the parties. .The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners Owner shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject Actsubject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners Promoter under this Agreement, the Promoter/Owners Promoter herein is/are is entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners Promoter towards the Total Price shall only shall be returned by the Promoter/Owners Promoter to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. parties The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners Promoter shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the Promoter/Owners Promoter under this Agreement, the Promoter/Owners Promoter herein is/are is entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the Promoter/Owners Promoter towards the Total Price shall only shall be returned by the Promoter/Owners Promoter to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The Promoter/Owners Promoter shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Apartment Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement
Cancellation by Allottee. The Allottee shall have the right to cancel/withdraw their his allotment in the Project as provided in the Act subject to the Allottee having complied with all their his obligations under this Agreement till that time including making timely payment of all amounts payable under this Agreement till that time and there being no failure, refusal, neglect, breach, violation, non-compliance or default on the part of the Allottee to perform or comply with any of the terms, conditions, covenants, undertakings, stipulations, restrictions, prohibitions and/or obligations under this Agreement or otherwise under law; Provided that where the Allottee propose proposes to cancel/withdraw from the Project without any default of the PromoterSecond Party/Owners Promoter under this Agreement, the PromoterSecond Party/Owners Promoter herein is/are is entitled to forfeit the booking amount paid for the allotment. The balance amount of money, if any, paid by the Allottee to the PromoterSecond Party/Owners Promoter towards the Total Price shall only shall be returned by the PromoterSecond Party/Owners Promoter to the Allottee within 45 days of such cancellation or within such further time as may be agreed between the parties. The liability of the Promoter to refund any amount to the Allottee shall arise only against execution and registration of a Cancellation Agreement. The fees and expenses relating to this Agreement for Sale including stamp duty, registration fees, GST, Advocate fees, incidental and other expenses for registration, etc. shall not be refundable. The PromoterSecond Party/Owners Promoter shall not have any other liability or obligation whatsoever and shall be entitled to deal with, dispose of and/or sell the said Flat Office Unit to anyone else without any reference to the Allottee after the date of termination.
Appears in 1 contract
Sources: Sale Agreement