Common use of Said Scheme Clause in Contracts

Said Scheme. The Promoter has formulated a scheme for sale/transfer of the residential apartments and parking spaces (Said Scheme). The Said Scheme is based on the legal premise that (1) the Promoter has got legal title to the „Said Premises‟, (2) such sale/transfer of residential apartments, and parking spaces by the Promoter to the Allottee shall be subject to the Allottee paying to the Promoter the agreed Total Price on account therefore as provided hereinafter, which includes the Extra Charges, (3) to give perfect title to the Allottee, the Promoter shall enter into an agreement with the Allottee where under the Promoter shall agree to convey its right in respect of the Said Apartment and Said Parking Spaces and (4) the agreed Total Price which includes the Extra Charges shall be payable by the Allottee as per the terms herein.

Said Scheme. The Promoter has formulated a scheme for sale/transfer of the residential apartments apartments, commercial units/shops and parking spaces (Said Scheme). The Said Scheme is based on the legal premise that (1) the Promoter has got legal title to the „Said Premises‟‘Larger Property’, (2) such sale/transfer of residential apartments, commercial Units/Shops and parking spaces by the Promoter to the Allottee shall be subject to the Allottee paying to the Promoter the agreed Total Price on account therefore as provided hereinafter, which includes the Extra Charges, (3) to give perfect title to the Allottee, the Promoter shall enter into an agreement with the Allottee where under the Promoter shall agree to convey its right in respect of the Said Apartment and Said Parking Spaces and Commercial Units/Shops to the Allottee and (4) the agreed Total Price which includes the Extra Charges shall be payable by the Allottee as per entirely to the terms hereinPromoter.