DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE Sample Clauses

DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this agreement he shall not mortgage or create a charge on the [Apartment / Plot / Building] and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee who has taken or agreed to take such [Apartment/Plot/Building].
Sample 1Sample 2Sample 3See All (39)
AutoNDA by SimpleDocs
DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the Developer executes this Agreement the Developer shall not any further mortgage or create any further charge on the Apartment and covered car parking and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the Allottee(s) who has/have taken or agreed to take such Apartment and covered car parking.
Sample 1
DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE. After the DEVELOPER executes this Agreement he shall not mortgage or create a charge on Apartment and Garage/Parking Space and if any such mortgage or charge is made or created then notwithstanding anything contained in any other law for the time being in force, such mortgage or charge shall not affect the right and interest of the ALLOTTEE who has taken or agreed to take such Apartment and Garage/Parking Space.
Sample 1

Related to DEVELOPER SHALL NOT MORTGAGE OR CREATE CHARGE

  • Maintenance during Construction Period (i) During the Construction Period, the Contractor shall maintain, at its cost, the existing lane(s) of the Project Highway so that the traffic worthiness and safety thereof are at no time materially inferior as compared to their condition on Appointed Date, and shall undertake the necessary repair and maintenance works for this purpose; provided that the Contractor may, at its cost, interrupt and divert the flow of traffic if such interruption and diversion is necessary for the efficient progress of Works and conforms to Good Industry Practice; provided further that such interruption and diversion shall be undertaken by the Contractor only with the prior written approval of the Authority’s Engineer which approval shall not be unreasonably withheld. For the avoidance of doubt, it is agreed that the Contractor shall at all times be responsible for ensuring safe operation of the Project Highway. It is further agreed that in the event the Project includes construction of a bypass or tunnel and realignment of the existing carriageway, the Contractor shall maintain the existing highway in such sections until the new Works are open to traffic.

  • RIGHT TO MORTGAGE Landlord reserves the right to mortgage or otherwise place a lien on the Property and Tenant agrees to accept the Property subject and subordinate to any such mortgage or lien. Tenant hereby grants power of attorney to Landlord for the sole and limited purpose of executing and delivering any document required in the name of Tenant for any such mortgage or lien.

Time is Money Join Law Insider Premium to draft better contracts faster.