CANCELLATION BY THE PURCHASER Sample Clauses

CANCELLATION BY THE PURCHASER. Provided that where the Purchaser proposes to cancel/withdraw from the Project without any fault of the Promoter, the Promoter herein is entitled to forfeit the entirety of the booking amount paid I.E. 10% OF THE TOTAL CONSIDERATION for the allotment and the applicable GST payable on such Cancellation Charges and all interest liabilities of the Purchaser accrued till date of cancellation, the stipulated charges on account of dishonour of cheque, administrative charges as per Promoter’s policy and amount of stamp duty and registration charges to be paid/paid on deed of Cancellation of this Agreement and the applicable GST. Upon registration of the deed of cancellation in respect of the Flat/Unit and the Properties Appurtenant thereto and upon resale of the Flat/Unit and the Properties Appurtenant thereto i.e. upon the Promoter subsequently selling and transferring the Flat/Unit and the Properties Appurtenant thereto to another Purchaser and receipt of the sale price thereon, the Promoter shall after adjusting the booking amount and the applicable GST payable on such Cancellation Charges, refund to the Purchaser, the balance amount, if any of the paid-up Total Price and after also deducting interest on any overdue payments, , administrative charges as determined by the Promoter and exclusive of any indirect taxes, stamp duty and registration charges.. The Purchaser shall, at his own costs and expenses, execute all necessary cancellation related documents required by the Promoter. Upon the termination of this Agreement, the Purchaser shall have no claim of any nature whatsoever on the Promoter and/or the Flat/Unit and the Properties Appurtenant thereto and the Promoter shall be entitled to deal with and/or dispose off the Flat/Unit and the Properties Appurtenant thereto in the manner it deems fit and proper. It is clarified that all amounts collected as taxes, charges, levies, cess, assessments and impositions and deposited with the appropriate authorities concerned shall not be returned by the Promoter and the Purchaser shall be free to approach the authorities concerned for refund of such taxes, charges, levies, cess, assessments and impositions.

CANCELLATION BY THE PURCHASER. In the event the Purchaser opts to cancel this Agreement, then the Developer shall be entitled to adjust, out of the

CANCELLATION BY THE PURCHASER. The Purchaser shall have the right to cancel/withdraw his allotment in the project as provided in the act Provided where the Purchaser proposes to cancel/withdraw from the project without any fault of the Vendors/Developer, the Vendors herein are entitled to forfeit the booking amount paid for the allotment and interest accrued thereon in accordance to law. The Purchaser acknowledges that the Vendors shall be blocking the said Unit for the Purchaser without receiving the total consideration price and other amounts and in the event of such cancellation the Vendors shall refund the amount receivable by the Purchaser within 45 days of such cancellation or upon the Vendors entering into an agreement for sale in respect of the said Unit with any other intending Purchaser (which ever event shall happen later) and in as much as the Vendors in terms of this agreement is to hold the said flat on account of the Purchaser, the Purchaser has agreed to wait for payment of the amount in the event of cancellation as above and has agreed to waive all other rights upon cancellation.

CANCELLATION BY THE PURCHASER. The Purchaser shall have the right to cancel/withdraw his allotment in the project as provided in the act Provided where the Purchaser proposes to cancel/withdraw from the project without any fault of the Sellers, the Sellers herein is entitled to forfeit the booking amount paid for the allotment. The Purchaser acknowledges that the Sellers shall be blocking the said Apartment for the Purchaser without receiving the total purchase price and other amounts and in the event of such cancellation the Sellers shall refund the refund the amount receivable by the Purchaser within 45 days of such cancellation or upon the Sellers entering into an agreement for sale in respect of the said Apartment with any other intending Purchaser (which ever event shall happen first)

CANCELLATION BY THE PURCHASER. (a) The Purchaser, in its sole discretion, shall have the right to cancel this Contract, but only in conjunction with its cancellation of the Purchase Agreement pursuant to Article XI thereof, at any time by giving written notice to the Contractor. The Purchaser's right to cancel this Contract shall expire ninety (90) days prior to the "Delivery Date" of Hull 001 under the Purchase Agreement of; provided, however, if KSI accelerates the Delivery Date of Hull 001 pursuant to Section 1.2(c) of the Purchase Agreement prior to the expiration of the Purchaser's right to cancel this Contract and the accelerated Delivery Date for Hull 001 is less than ninety (90) days from the date of such notice of acceleration, the Purchaser shall have a minimum of sixty (60) days from such notice to exercise its rights under this ARTICLE. (b) If the Purchaser cancels this Contract pursuant to this ARTICLE XXII, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract shall be completely discharged; provided, however, the Purchaser shall compensate the Contractor within ten (10) days of such cancellation for (i) any Non-essential Changes made by the Contractor pursuant to ARTICLE IV and (ii) any spares ordered by the Contractor on the Purchaser's behalf pursuant to paragraph (b) of ARTICLE XXIII but not paid for by the Purchaser prior to the cancellation of this Contract or the cancellation charges applicable thereto as provided for in paragraph (c) of ARTICLE XXIII.

CANCELLATION BY THE PURCHASER. The Purchaser shall have the right to cancel/withdraw his allotment in the project as provided in the act Provided where the Purchaser proposes to cancel/withdraw from the project without any fault of the Seller, the Seller herein is entitled to forfeit the booking amount paid for the allotment and interest accrued thereon in accordance to law. The Purchaser acknowledges that the Seller shall be blocking the said Apartment for the Purchaser without receiving

CANCELLATION BY THE PURCHASER. If the purchaser decides to cancel this Agreement then he can do so by giving fifteen days notice to the Developer Provided further that upon termination of this agreement as aforesaid, the installments of sale price of the said premises which may till then have been paid by the Purchaser to the Developer shall not be refunded and upon termination of this Agreement the Developer, shall be at liberty to dispose of and sell the said premises to such person and at such price as the Developer may in his absolute discretion think fit.

CANCELLATION BY THE PURCHASER. 46 ARTICLE XXIII. SUPPLIES USED DURING TRIALS AND ON BOARD AT DELIVERY; SPARES....................................................................46 ARTICLE XXIV. TITLE.........................................................47 ARTICLE XXV. LIENS..........................................................48 ARTICLE XXVI. TAXES.........................................................48 ARTICLE XXVII.

CANCELLATION BY THE PURCHASER. In the event the Purchaser opts to cancel this Agreement, then the First Owner shall adjust an amount equal to 10% (ten percent) of the entirety of the