Common use of Variable Nature of Land Share and Share In Common Portions Clause in Contracts

Variable Nature of Land Share and Share In Common Portions. The Allottee fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat bears to the currently proposed area of the Said Tower/Building/Real Estate Project (2) if the area of the Said Tower/Building/ Real Estate Project is recomputed by the Promoter, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein (3) the Allottee shall not demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.

Appears in 2 contracts

Sources: Agreement for Sale, Sale Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat Apartment bears to the currently proposed area of the Said Tower/Building/Real Estate Said Project (2) if the area of the Said Tower/Building/ Real Estate Said Project is recomputed by the PromoterPromoters, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein (3) the Allottee shall not demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the PromoterPromoters, in its absolute discretion.

Appears in 2 contracts

Sources: Sale Agreement, Sale Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat Apartment bears to the currently proposed area of the Said Tower/Building/Real Estate Project (2) if the area of the Said Tower/Building/ Real Estate Project is recomputed by the Promoter, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein (3) the Allottee shall not demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the partibleandthe Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.

Appears in 2 contracts

Sources: Agreement for Sale, Sale Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee Buyer fully comprehends and accepts that (1) the Land Share In Common Areas is a notional shall be the proportion that which the built-up area of the Said Flat bears to the currently proposed total built-up area of all the Flats in the Said Tower/Building/Real Estate Project Complex (2) if the area of the Said TowerBlock/Building/ Real Estate Project Said Complex is recomputed by the PromoterVendor, then and in such event, the Land Share and the Share In Common Areas Portions shall vary accordingly and proportionately and the Allottee Buyer shall not question any variation (including diminution) therein (3) the Allottee shall Buyer covenants not to demand any refund of the Total Price paid by the Allottee Buyer on the ground of or by reason of any variation of the Land Share and the Share In Common Areas and Portions (4) the Land Share and Share In Common Areas Portions are not divisible and partible and (5) the Allottee Buyer shall accept (without demur) the proportionate share with regard to various matters, as be determined by the PromoterVendor, in its absolute discretion.

Appears in 2 contracts

Sources: Real Estate Purchase Agreement, Real Estate Purchase Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat Apartment bears to the currently proposed area of the Said Tower/Building/Real Estate Project (2) if the area of the Said Tower/Building/ Real Estate Project is recomputed by the Promoter, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein (3) the Allottee shall not demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the Allottee partibleandtheAllottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.

Appears in 2 contracts

Sources: Sale Agreement, Sale Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat Apartment bears to the currently proposed area of the Said TowerBlock/Building/Real Estate Project (2) if the area of the Said TowerBlock/Building/ Real Estate Project is recomputed by the Promoter, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein (3) the Allottee shall not demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.

Appears in 2 contracts

Sources: Draft Agreement for Sredpl Allocation, Sale Agreement

Variable Nature of Land Share and Share In Common Portions. The Purchaser/Allottee fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat Apartment bears to the currently proposed area of the Said Tower/Building/Real Estate Project Building (2) if the area of the Said Tower/Building/ Real Estate Project is recomputed by the PromoterVendor, then the Share In Common Areas shall vary accordingly and proportionately and the Purchaser/Allottee shall not question any variation (including diminution) therein (3) the Purchaser/Allottee shall not demand any refund of the Total Price paid by the Purchaser/Allottee on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the partibleandthePurchaser/Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the PromoterVendor, in its absolute discretion.

Appears in 2 contracts

Sources: Sale Agreement, Sale Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee Buyer fully comprehends and accepts that (1) the Land Share and the Share In Common Areas Portions is a notional proportion that the Said Flat bears to the currently proposed built up area of the Said Tower/Building/Real Estate Project Unit and the Parking Space in the MLCP Building bears to the built up area of the Said Building and the MLCP Building (2) if the area of the Said Tower/Building/ Real Estate Project Said Complex is recomputed by the PromoterDeveloper (which the Developer shall have full right to do and which right is hereby unconditionally accepted by the Buyer), then the Land Share and the Share In Common Areas Portions shall vary accordingly and proportionately and the Allottee Buyer shall not question any variation (including diminution) therein (3) the Allottee Buyer shall not demand any refund of the Total Price paid by the Allottee Buyer on the ground of or by reason of any variation of the Land Share and the Share In Common Areas Portions and (4) the Land Share and the Share In Common Areas Portions are not divisible and partible and the Allottee Buyer shall accept (without demur) the proportionate share with regard to various matters, as be determined by the PromoterDeveloper, in its absolute discretion.

Appears in 2 contracts

Sources: Agreement for Unit No. (Developer’s Allocation), Unit Allocation Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat Apartment bears to the currently proposed area of the Said TowerBlock/Building/Real Estate Project (2) if the area of the Said TowerBlock/Building/ Real Estate Project is recomputed by the Promoter, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein (3) the Allottee shall not demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the partibleandthe Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.

Appears in 2 contracts

Sources: Transfer Agreement, Sale Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee Allottees fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat Apartment bears to the currently proposed area of the Said TowerBlock/Building/Real Estate Project (2) if the area of the Said TowerBlock/Building/ Building/Real Estate Project is recomputed by the Promoter, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee Allottees shall not question any variation (including diminution) therein (3) the Allottee Allottees shall not demand any refund of the Total Price paid by the Allottee Allottees on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the Allottee andthe Allottees shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.

Appears in 2 contracts

Sources: Partnership Agreement, Partnership Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee Transferees/Allottees fully comprehends comprehend and accepts accept that (( 1) the Share In Common Areas is a notional proportion that the Said Flat Unit bears to the currently proposed area of the Said TowerBlock/Building/Real Estate Project (2) if the area of the Said TowerBlock/Building/ Real Estate Project is recomputed by the PromoterPromoters, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee Transferees/Allottees shall not question any variation (including diminution) therein (3) the Allottee Transferees/Allottees shall not demand any refund of the Total Price paid by the Allottee Transferees/Allottees on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the Allottee Transferees/Allottees shall accept (without demur) the proportionate share with regard to various matters, as be determined by the PromoterPromoters, in its absolute discretion.

Appears in 1 contract

Sources: Transfer Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee allottee fully comprehends and accepts that (1) the Share In Common common Areas is a notional proportion that the Said Flat said apartment bears to the currently proposed area of the Said Towersaid tower/Building/Real Estate Project building /real estate project (2) if the area of the Said said Tower/Building/ Building/Real Estate Project is recomputed by the Promoter/Developer, then the Share In in Common Areas shall vary very accordingly and proportionately and the Allottee shall not question any variation (including Including diminution) therein (3) the Allottee allottee shall not demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas in common areas are not divisible and partible and the Allottee allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.. Page44

Appears in 1 contract

Sources: Sale Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee Allottees fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat Apartment bears to the currently proposed area of the Said TowerBlock/Building/Real Estate Project (2) if the area of the Said TowerBlock/Building/ Building/Real Estate Project is recomputed by the PromoterOwners/Promoters, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee Allottees shall not question any variation (including diminution) therein (3) the Allottee Allottees shall not demand any refund of the Total Price paid by the Allottee Allottees on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the Allottee Allottees shall accept (without demur) the proportionate share with regard to various matters, as be determined by the PromoterOwners/Promoters, in its absolute discretion.

Appears in 1 contract

Sources: Sale Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee Assignee fully comprehends and accepts that (1) the Land Share and the Share In Common Areas Portions is a notional proportion that the Said Flat bears to the currently proposed area of the Said Tower/Building/Real Estate Project s at the said premises, (2) if the area of the Said TowerBuildings is increased/Building/ Real Estate Project is recomputed by the PromoterAssignor, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee Assignee shall not question any variation (including diminution) therein of the Land Share and the Share In Common Portions, (3) the Allottee Assignee shall not demand any reduction/refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Land Share and the Share In Common Areas Portions and (4) the Land Share and the Share In Common Areas Portions are not divisible and partible and the Allottee Assignee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the PromoterAssignor, in its absolute discretion.

Appears in 1 contract

Sources: Assignment Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee Allottee/Transferee fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat Unit bears to the currently proposed area of the Said Tower/Building/Real Estate Project (2) if the area of the Said Tower/Building/ Real Estate Project is recomputed by the Promoter, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee Allottee/Transferee shall not question any variation (including diminution) therein (3) the Allottee Allottee/Transferee shall not demand any refund of the Total Price paid by the Allottee Allottee/Transferee on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the Allottee Allottee/Transferee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.

Appears in 1 contract

Sources: Transfer Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee Allottees fully comprehends comprehend and accepts accept that (1) the Share In Common Areas is a notional proportion that the Said Flat Apartment bears to the currently proposed area of the Said Tower/Building/Real Estate Project (2) if the area of the Said Tower/Building/ Real Estate Project is recomputed by the Promoter, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee Allottees shall not question any variation (including diminution) therein (3) the Allottee Allottees shall not demand any refund of the Total Price paid by the Allottee Allottees on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the Allottee Allottees shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.

Appears in 1 contract

Sources: Sale Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee Purchaser fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat Apartment bears to the currently proposed area of the Said Tower/Building/Real Estate Project (2) if the area of the Said Tower/Building/ Real Estate Project is recomputed by the Promoter, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee Purchaser shall not question any variation (including diminution) therein (3) the Allottee Purchaser shall not demand any refund of the Total Price paid by the Allottee Purchaser on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the Allottee Purchaser shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.

Appears in 1 contract

Sources: Deed of Conveyance

Variable Nature of Land Share and Share In Common Portions. The Allottee fully comprehends and accepts that (1) the Land Share and the Share In Common Areas Portions is a notional proportion that the Said Flat Apartment bears to the currently proposed area aggregate Super Built Up Area of all the Apartments of the Said Tower/Building/Real Estate Project Complex (2) if the area of the Said Tower/Building/ Real Estate Project Complex is recomputed by then the Promoter, then Land Share and the Share In Common Areas Portions shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein (3) the Allottee shall not demand any refund of the Total Price all amounts paid by the Allottee on the ground of or by reason of any variation of the Land Share and the Share In Common Areas Portions and (4) the Land Share and the Share In Common Areas Portions are not divisible and partible and the Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the PromoterVendor, the Confirming Parties and the Developer in its their absolute discretion.

Appears in 1 contract

Sources: Sale Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat Apartment bears to the currently proposed area of the Said TowerBlock/Building/Real Estate Project (2) if the area of the Said TowerBlock/Building/ Building/Real Estate Project is recomputed by the Promoter, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee shall not question any variation (including diminution) therein (3) the Allottee shall not demand any refund of the Total Price paid by the Allottee on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are Areasare not divisible and partible and the partibleandthe Allottee shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter, in its absolute discretion.

Appears in 1 contract

Sources: Sale Agreement

Variable Nature of Land Share and Share In Common Portions. The Allottee Buyer fully comprehends and accepts that (1) the Share In Common Areas is a notional proportion that the Said Flat Office unit bears to the currently proposed area of the Said Tower/Building/Real Estate Project (2) if the area of the Said Tower/Building/ Real Estate Project is recomputed by the Promoter/Developer, then the Share In Common Areas shall vary accordingly and proportionately and the Allottee Buyer shall not question any variation (including diminution) therein (3) the Allottee Buyer shall not demand any refund of the Total Price paid by the Allottee Buyer on the ground of or by reason of any variation of the Share In Common Areas and (4) the Share In Common Areas are not divisible and partible and the Allottee Buyer shall accept (without demur) the proportionate share with regard to various matters, as be determined by the Promoter/Developer, in its absolute discretion.

Appears in 1 contract

Sources: Indenture of Conveyance