Common use of NOMINATION BY ALLOTTEE WITH CONSENT Clause in Contracts

NOMINATION BY ALLOTTEE WITH CONSENT. 40.1 The Allottee admits and accepts that after the Lock in period (mentioned herein below) and before the execution and registration of conveyance deed of the said UNIT, the Allottee will be entitled to nominate, assign and/or transfer the Allottee’s right, title, interest and obligations under this Agreement subject to the covenant by the nominee that the nominee will strictly adhere to the terms of this Agreement and subject also to the following conditions:

NOMINATION BY ALLOTTEE WITH CONSENT. 40.1 The Allottee admits and accepts that after the Lock in period (mentioned herein below) and before the execution and registration of conveyance deed of the said UNITCommercial Unit, the Allottee will be entitled to nominate, assign and/or transfer the Allottee’s right, title, interest and obligations under this Agreement subject to the covenant by the nominee that the nominee will strictly adhere to the terms of this Agreement and subject also to the following conditions: