Common use of Process Following Permission Clause in Contracts

Process Following Permission. If the Developer grants permission, then and in such event and as a condition precedent to granting of such permission (1) the Buyer shall make payment of all dues of the Developer in terms of this Agreement, up to the time of nomination (2) the Buyer shall pay to the Developer 2% (two percent) of the market price of the Said Unit And Appurtenances prevailing at that time (as be determined by the Developer) as Transfer Charge

Appears in 3 contracts

Sources: Not Specified, Partnership Agreement, Sale Agreement

Process Following Permission. If the Developer grants permission, then and in such event and as a condition precedent to granting of such permission (1) the Buyer Buyers shall make payment of all dues of the Developer in terms of this Agreement, up to the time of nomination (2) the Buyer Buyers shall pay to the Developer 2% (two percent) of the market price of the Said Unit And Appurtenances prevailing at that time (as be determined by the Developer) as Transfer ChargeCharge (3) the Buyers shall pay an additional legal fee of Rs.10,000/- (Rupees ten thousand) to the Legal Advisor for documentation of the nomination

Appears in 1 contract

Sources: Not Specified