▇▇▇▇▇▇ AGREED AND UNDERSTOOD BY AND BETWEEN THE PARTIES Clause Samples

▇▇▇▇▇▇ AGREED AND UNDERSTOOD BY AND BETWEEN THE PARTIES. HERETO as follows:- 1. The Promoter agrees and acknowledges, the Purchaser shall have the right to the Des- ignated Apartment as mentioned below. (i) The Purchaser shall have exclusive ownership of the Designated Apartment. (ii) Pursuant to Section 17 of the said Act and at the instance of the Purchaser, the Association has been conveyed the undivided proportionate share in the Com- mon Areas. (iii) the Purchaser shall use the Common Areas along with other occupants, maintenance staff etc., without causing any inconvenience or hindrance to them and as per the rules made in this respect. It is clarified that the Promoter has handed over the Common areas to the Association.
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▇▇▇▇▇▇ AGREED AND UNDERSTOOD BY AND BETWEEN THE PARTIES. HERETO as follows:- 1. The Promoter agrees and acknowledges that the Purchaser shall have the right to the Apartment as mentioned below. (i) The Purchaser shall have exclusive ownership of the Apartment. (ii) The Purchaser shall use the Apartment, exclusively and the Common Areas, Amenities and Facilities commonly with other co-owners without causing any inconvenience or hindrance to them, Subject to the observance, fulfillment and performance of the terms and conditions of this Deed, as also the “House Rules”, as stipulated in Schedule E-1 hereto. (iii) Notwithstanding anything elsewhere to the contrary herein contained, it is expressly agreed understood and clarified that if at any time, under the provisions of applicable laws, the Common Areas and Installations and/or the land comprised in the said Premises or any part / phase / sub-phase thereof are required and to be transferred to the Association / Maintenance Company etc., then the Promoter and/or the Land Owners, as per their respective entitlements, shall be entitled to do so and the Purchaser shall do all acts deeds and things and sign execute and deliver all papers documents etc., as be required therefor and if any stamp duty, registration fee, Legal fees, other expenses, etc., is payable therefor, then the same shall be borne paid and discharged by the Purchasers / Unit Holders (including the Purchasers herein) proportionately and the Promoter and/or the Land Owners shall not be liable therefor in any manner and the Purchaser and the other Purchasers / Unit Holders shall keep the Promoter and the Land Owners fully indemnified with regard thereto; SINGLE UNIT: The Purchaser agrees that the Apartment along with the parking, if any alloted, shall be treated as a single indivisible unit for all purposes.
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▇▇▇▇▇▇ AGREED AND UNDERSTOOD BY AND BETWEEN THE PARTIES. HERETO as follows:- 1. The Promoter agrees and acknowledges, the Purchaser shall have the right to the Designated Apartment as mentioned below. (i) The Purchaser shall have exclusive ownership of the said Unit. (ii) Pursuant to Section 17 of the said Act and at the instance of the Purchaser, the Association3 has been conveyed the undivided proportionate share in the Common Areas. Pursuant to Section 17 of the Real Estate (Regulation and Development) Act, 2016 and at the instance of the Purchaser, the Association is intended to be the owner of the undivided proportionate share in the Common Areas as morefully mentioned in clause IIA hereinabove. The Purchaser shall also have title to undivided proportionate share in the Common 3In case Association is made a party. If the circumstances do not allow the joining of Association to this Deed then the undivided proportionate title to the said land will be transferred to the Purchaser to be held by it in trust of the Association and the Purchaser will be liable to transfer such title to the Association upon its formation Areas as members of the Association as stipulated in clause IIA hereinabove. (iii) the Purchaser shall use the Common Areas along with the Vendors, the Promoter, other occupants, maintenance staff etc., without causing any inconvenience or hindrance to them and as per the rules made in this respect. It is clarified that the Promoter has handed over the Common areas to the Association4.
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▇▇▇▇▇▇ AGREED AND UNDERSTOOD BY AND BETWEEN THE PARTIES. HERETO as follows:- 1. The Promoter agrees and acknowledges, the Purchaser shall have the right to the Designated Apartment as mentioned below. (i) The Purchaser shall have exclusive ownership of the Designated Apartment. (ii) Pursuant to Section 17 of the said Act and at the instance of the Purchaser, the Association has been conveyed the undivided proportionate share in the Common Areas comprised in the Project Land. . (iii) the Purchaser shall use the Common Areas as specified Schedule D and Schedule E hereunder along with the Vendors, the Promoters, other persons permitted by them, other occupants, maintenance staff etc., without causing any inconvenience or hindrance to them and as per the rules made in this respect. It is clarified that the Promoter has handed over/shall hand over the Common areas of the Project (save the Club Facility to be handed over as per Part-III of Schedule E) to the Association. (iv) [the Purchaser shall use the Common Areas comprised in the Future Phases (from time to time developed by the Promoter) along with the Vendors, the Promoters, other persons permitted by them, other occupants, maintenance staff etc., without causing any inconvenience or hindrance to them and as per the rules made in this respect.]*3 3 *If applicable – refer to footnotes above
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Related to ▇▇▇▇▇▇ AGREED AND UNDERSTOOD BY AND BETWEEN THE PARTIES

  • BY AND BETWEEN Pioneer Associates a partnership firm (PAN ▇▇▇▇▇▇▇▇▇▇) registered under the Indian Partnership Act, 1932, Registration number- L79154, Dated- 10.09.14. having its principal place of business at 12/A/1/35 ▇▇▇▇▇▇▇▇ Apartment, Khardah, 24 Parganas (N), Kolkata-700117, represented by its authorized partner ▇▇▇ ▇▇▇▇▇ ▇▇▇, Son of late ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇, by Religion – Hindu, by Occupation – Business, residing at Kironalay, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Road, P.O. ▇▇▇▇▇▇▇, P.S.- Khardah, Dist- North 24 Parganas, (Permanent address at ▇▇, ▇▇. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Road, P.O. ▇▇▇▇▇▇▇, P.S. Khardah, District North 24 Parganas, Kolkata- 700115, Pan no. ▇▇▇▇▇▇▇▇▇▇, Mob no.-9123898230, , authorized vide hereinafter referred to as the “Promoter” (which expression shall unless repugnant to the context or meaning thereof be deemed to mean and include the partners or partner for the time being of the said firm, the survivor or survivors of them and their heirs, executors and administrators of the last surviving partner and their assigns) [If the Allottee is a company] (PAN ), represented by its authorized signatory, duly authorized vide board resolution dated , hereinafter referred to as the “Allottee” (which expression shall unless repugnant to the context or meaning thereof be deemed to mean and include its successor-in-interest and permitted assigns). [If the Allottee is a Partnership] [If the Allottee is a Individual] Mr./Ms. son / daughter of aged about residing at , (PAN ) hereinafter called the “Allottee” (Which expression shall unless repugnant to the context or meaning thereof be deemed to mean and include his/her heirs, executors, administrators, successor-in-interest and permitted assigns). [OR] [If the Allottee is a HUF] Mr. , son of aged about for self and as the Karta of the Hindu Joint Mitakashara Family Known as HUF, having its place of business/ residence at (PAN ), hereinafter to as the “Allottee“ (Which expression shall unless repugnant to the context or meaning thereof be deemed to mean the members or member for the time being of the said HUF, and their respective heirs, executors, administrators and permitted assigns). The Promoter and Allottee shall hereinafter collectively be referred to as the parties” and individually as a “Party”.

  • Cooperation Between the Parties The College and UFE shall supply each other with requested information reasonably needed to facilitate the processing of the grievance. Meetings to discuss any grievance shall be scheduled at mutually convenient times.

  • Disputes between the Parties (1) Disputes between the Parties concerning the interpretation or application of this Agreement shall, if possible, be amicably settled through consultation. (2) If a dispute between the Parties cannot thus be settled within a period of six months, it shall upon the request of either Party be submitted to an arbitral tribunal. (3) Such an arbitral tribunal shall be constituted for each individual case in the following way. Within two months of the receipt of the request for arbitration, each Party shall appoint one member of the tribunal. Those two members shall then select a national of a third State who on approval by the Parties shall be appointed Chairman of the tribunal. The Chairman shall be appointed within two months from the date of appointment of the other two members. (4) If within the periods specified in paragraph (3) of this article the necessary appointments have not been made, either Party may, in the absence of any other agreement, invite the Chairman of the International Court of Arbitration of the International Chamber of Commerce to make any necessary appointments. If the Chairman is a national of either Party or if he is otherwise prevented from discharging the said function, the Vice-Chairman shall be invited to make the necessary appointments. If the Vice-Chairman is a national of either Party or if he too is prevented from discharging the said function, the Member of the International Court of Arbitration of the International Chamber of Commerce next in seniority who is not a national of either Party shall be invited to make the necessary appointments. (5) The arbitral tribunal shall reach its award by a majority of votes. Each Party shall bear the costs of its own member of the tribunal and of its representation in the arbitral proceedings; the costs of the Chairman and remaining costs shall be borne in equal parts by the Parties. The tribunal may, however, in its award direct that a highter proportion of this costs shall be borne by one of the two Parties. The tribunal shall determine its own procedure. This award shall be final and binding on the Parties.

  • RELATIONSHIP BETWEEN THE PARTIES A Party is not by virtue of this Agreement the employee, agent or partner of the other Party and is not authorised to bind or represent the other Party.

  • COMMUNICATIONS BETWEEN THE PARTIES A copy of all communications relating to the subject matter of this Agreement between the Issuer and any Paying Agent (other than the Agent) shall be sent to the Agent.