Common use of Failure of Allottee to take Possession of Dwelling Unit Clause in Contracts

Failure of Allottee to take Possession of Dwelling Unit. Upon receiving a written intimation from the CGEWHO as per clause 7.2, the Allottee shall take possession of the Dwelling Unit from the CGEWHO by executing necessary indemnities, undertakings (Annexure-I, II & III as per format attached) and such other documentation as prescribed in this Agreement, and after executing the conveyance deed the CGEWHO shall give possession of the Dwelling Unit to the allottee. In case the Allottee fails to take possession within the time provided in clause 7.2, such Allottee shall continue to be liable to pay maintenance charges as applicable.