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Agreement for Sale of Leasehold Property
THIS AGREEMENT is made at ____ this ________ day of ______
between Mr. A residing at __________ hereinafter referred to as the
‘Vendor’ of the One Part and Mr. B residing at
_____________________ hereinafter referred to as the ‘Purchaser’ of
the Other part.
WHEREAS –
1. By a Deed of Lease Dated the _________ day of _______ made
between Mr. ____________ therein referred to as the Lessee of the
One Part and the Vendor therein referred to as the Lessee of the
Other Part and registered at _______ under Sr. No. _____ of Book
No. 1, at the office of the sub Registrar at _______ the said Lessor
has demised unto the Vendor the land and Premises situated at
______ and more particularly described in the Schedule hereunder
written for a period of 999 years, from the day of ____ at the
yearly rent of Rs. _______ and on the covenants, terms and
conditions therein mentioned.
2. The said Lese is still valid and subsisting.
3. The purchaser has offered to purchase the leasehold land and
premises and the Vendor has agreed to sell the same and to
assign the said lease on the terms and conditions agreed upon
and hereinafter set out.
NOW IT IS AGREED BY AND BETWEEN THE PARTIES HERETO AS
FOLLOWS :
1. The Vendor shall sell and assign to the Purchaser the said land
and premises described in the Schedule hereunder written and
assign the said lease for all the residue of the unexpired period of
the said lease and subject to the rent reserved by and to the
terms, covenants and conditions contained therein and the
Purchaser has agreed to purchase the said land and premises
subject to the said lease, at the price of Rs. ____ out of which the
Purchaser has paid to the Vendor a sum of
Rs. ______ as earnest money on the execution of this agreement
(receipt whereof the Vendor hereby admits) and the balance of
Rs. ________ is agreed to be paid on the completion of the sale.
2. The Vendor shall make out a marketable title to the said
leasehold property free from encumbrances and reasonable
doubts. The root of title will be the said Deed of Lease and the
Vendor will not be bound to make out a marketable title to the
property so far as the said Lessor is concerned.
3. The Vendor shall deliver the title deeds relating to the said
property in his possession or power within eight days from the
date hereof for inspection thereof by the Purchaser or his
Advocate for investigation of title. The said documents may be
handed over to the Purchaser’s Advocate against his personal
accountable receipt for the sake of convenience, if so required by
the Purchaser’s Advocate.
4. If the Purchaser shall insist on any requisition or objection of
any kind which the Vendor shall be unable or unwilling to remove
or comply with, the Vendor may (notwithstanding any
intermediate negotiation or litigation in respect thereof) give
notice in writing to the Purchaser or his Advocate of the intention
of the Vendor to rescind this contract unless such requisition or
objection shall be withdrawn and if such notice shall be given and
the requisition or objection shall not be withdrawn within 7 days
after the day on which the notice was sent, this contract shall,
without further notice, stand rescinded. The Vendor shall
thereupon return to the Purchaser the said earnest money but
without any interest, costs or other compensation or payment
whatsoever.
5. The Vendor will obtain the written consent of the lessor to the
assignment of the Lease as a condition precedent to the
completion of the sale.
6. The outgoings in respect of the said property by way of
property taxes, ground rent, land revenue payable by the Lessee
till the completion of the sale will be paid by the Vendor and
thereafter they will be paid by the Purchaser and the same if
necessary will be apportioned as on the date of completion of this
transaction.
7. The sale will be completed within a period of four months from
the date thereof.
8. The sale will be completed by the Vendor executing a Deed of
Assignment in favour of the Purchaser or his nominee paying the
balance of the said price.
9. The draft of the Deed of Assignment will be prepared by the
Purchaser’s Advocate and will be approved by the Vendor’s
Advocate.
15. Before execution of the deed of assignment the Vendor will
obtain Income Tax Certificate under Section 230A of the Income
Tax Act, 1961 as a condition precedent to the completion of sale.
16. The expenses by way of stamp duty payable on this
agreement and the deed of assignment and registration charges
in respect thereof will be borne and paid in equal shares by the
parties hereto and except that all the other costs charges, and
expenses incurred by the party in respect of the transactions
including his and advocates fees will be borne and paid by him.
IN WITNESS WHEREOF the parties have put their respective hands
the day and year first above written.
THE SCHEDULE ABOVE REFERRED TO
(Particulars of the property)
Signed and delivered by the
withinnamed Vendor
Mr. ________
in the presence of
Signed and delivered by the
withinnamed Purchaser
Mr. ________
in the presence of
Agreement for Sale of Freehold Property
THIS AGREEMENT is made at _______ the ____________ day of
___________ between A (hereinafter called ‘the vendor’) of the
Other Part, whereby it is agreed as follows :
1. The Vendor shall sell and the Purchaser shall purchase, for the
sum of Rs. _______ whereof a sum of ____ has been paid to the
Vendor as stakeholders on the signing hereof as a deposit, the
freehold property particularly described in the First Schedule
hereto (but subject to and with the benefit of the tenancies
mentioned in the Second Schedule hereto so far as subsisting.)
2. The title to the property shall commence with Deed of _______
dated the ______ day of ________.
3. The Purchaser shall deliver the requisitions and objections (if
any) in respect of the title and all other matters arising upon the
abstract or this agreement to the Vendor’s Advocate within 14
days after the day of the delivery of the abstract and the replies
to answers within 7 days after the receipt thereof and in these
respects time shall be of the essence of the contract. In default of
or subject only to any such requisitions and objections so made
the purchaser shall be deemed to have accepted the title.
4. (i) If the purchaser shall insist on any requisition or objection of
any kind which the Vendor shall be unable or unwilling to remove
or comply with the Vendor may (notwithstanding any
intermediate negotiations or litigation in respect thereof) give
notice in writing to the Purchaser or his Advocate of the intention
of the Vendor to rescind this contract unless such requisition or
objection shall be withdrawn and if such notice shall be given and
the requisition or objection shall not be withdrawn within 7 days
after the day on which the notice was sent, this contract shall
without further notice be rescinded.
(ii) The Vendor shall thereupon return to the Purchaser the
deposit but without any interest, costs or other compensation or
payment whatsoever.
5. The Purchaser shall admit the identity of the property agreed to
be purchased with that comprised in the documents of title
offered by the Vendor by a comparison of the description
contained in the First Schedule hereto.
6. (i) The property is sold subject to all easements affecting the
same.
(ii) The property is believed to be correctly described as to
quantity and otherwise but if any error, misstatement or omission
shall be discovered in the description of the property contained in
the First Schedule hereto or in any plan annexed hereto the same
shall not annual the same but reasonable compensation shall be
allowed by the Vendor or the Purchaser as the case may require
in respect thereof and the amount of such compensation shall in
case of dispute be settled by two arbitrators or their umpire
pursuant to the Arbitration Act, 1940.
Vendor shall if so required consent to the name of the Purchaser
being endorsed on the policy or entered in the books of the
insurance office as being interested in the policy but the Vendor
shall not give to the Purchaser notice of any premium being or
becoming due.
9. If the Purchaser shall fail to comply with these conditions the
deposit shall be forfeited to the Vendor who may thereupon re-
sell the premises at such time in such manner and subject to such
conditions as the Vendor shall think fit and any deficiency in price
which may happen on and all expenses attending such re-sale
shall immediately afterwards be paid by the present Purchaser to
the Vendor and if not so paid shall be recoverable by the Vendor
as liquidated damages.
As witness the hands of the said parties have been put the day
and year first above written.
The First Schedule (Particulars of the property)
The Second Schedule (Particulars of tenancies)
Signed by the Vendor
Mr. _______ in the presence of ___________
Signed by the said Purchaser
Mr. _________ in the presence of _________
Agreement for Sale of Goods (F.O.B. Basis)
THIS AGREEMENT is made at … this … day of… between A B & Co.
Ltd., a company registered under the (Indian) Companies Act,
1956 and having its registered office at … hereinafter referred to
as ‘the Seller’ of the One Part and M/s … a foreign company
registered under the … Companies Act and having Its registered
office at … and its local agents’ office at … in India, hereinafter
referred to as ‘the Buyer’ of the Other Part.
1. The Seller agrees to sell and the Buyer agrees to buy… bales of
Indian Cotton (…. variety) at the price of … dollars per ton. The
price will be on F.O.B. basis – June-July shipment.
2. The Buyer will nominate a ship within four weeks from the date
hereof and shall give intimation of the expected date of her
arrival at the port of dispatch and the Seller will ship the said
goods in the nominated ship when she arrives at the port of …
3. The goods will be transported by the Seller upto the wharf
where the ship will be anchored, at its own costs.
4. When the goods are delivered to the master of the ship against
the mate’s receipt and the Bill of Lading is issued by the master,
or owner of the ship, the delivery by the Seller to the Buyer will be
complete and thereafter the goods will be the risk of the Buyer.
5. It will be the responsibility of the Buyer to pay the freight
charges thereon, marine insurance charges and other charges for
transporting the goods from the port of shipment to the port of
destination and thereafter until the goods come into the actual
possession of the Buyer.
6. On the loading of the goods in the ship, the Seller shall hand
over to its banker the necessary documents of title to the goods
and which will be sent by Its Bankers to their branch or nominated
bank at the port of destination.
7. The Buyer shall open a letter of credit with its Banker in favour
of the Sellers Bankers and on receipt of the documents of title by
the Seller’s foreign Bankers, the Buyer’s Bankers will credit the
amount of the price in the Sellers’ name with the Seller’s Bankers.
8. If any Import licence is required to be obtained by the Buyer at
the place of destination the same will be obtained by the Buyer
and the Buyer will be liable to pay all custom duty, import duty
and other charges for clearance of the goods.
9. If any export licence Is required to be obtained for exporting
the goods from India under the Indian Law, the same will be
obtained by the Seller and all export duties will also be paid by
the Seller’
10. The Buyer will be entitled to examine the goods by sample or
otherwise at the port of loading and if the goods are not of the
agreed quality or quantity the Buyer will have the option to reject
the goods at the risk and costs of the Seller.
11. The seller shall carryout all customs formalities necessary for
the exportation of the goods.
will be referred to arbitration under the Byelaws of the … Cotton
Association.
Sd/- Seller.
Sd/- Buyer.
Agreement for Sale of Goods (C.I.F. Basis)
THIS AGREEMENT is made at … this … day of … between M/s. A B & Co. Ltd., a company registered under the (English) Companies Act and having Its registered Office at … London. hereinafter referred to as the ‘Seller’ of the one part and M/s. X Y & Co. Ltd., a Company registered under the (Indian) Companies Act, 1956. and having its registered office at … hereinafter referred to as ‘the Buyer’ of the Other Part;
- The Seller agrees to sell to the Buyer and the Buyer agrees to buy from the Seller, synthetic rubber of… tons… quantity at the price of… sterling per ton (hereinafter referred to as the said ‘goods’) C.I.F. for December – January shipment.
- The Seller- will engage space in a ship at the port of shipment and Intimate the name of the ship and her expected date of arrival in any port in India.
- The Seller will enter into a contract of affreighment with the owner of the ship for transporting and delivery of the said goods at the port of… in India. The Buyer shall also obtain a Policy of Insurance for the value of the said goods upon the current terms and make out an invoice.
- The Buyer shall open a Letter of Credit through its Bankers for the agreed price of the goods and including the freight, insurance and other charges in favour of the Seller’s Banker viz…
- The Seller shall ship the goods in the ship and despatch the documents relating to the said goods namely the contract of affreighment, insurance policy, invoice. bills of lading etc. to Its Bankers at the port of arrival.
- The said documents duly endorsed in favour of the Buyer will be handed over to the Buyer’s Bankers against encashment of the Letter of Credit and the Buyer will receive the same from Its Bankers to enable the Buyer to get the goods cleared at
the port of arrival. Such delivery of documents will be deemed to be delivery of the goods to the Buyer and thereafter the goods will be at the risk of the Buyer.
- If the said goods are short delivered or are not according to the quantity or quality agreed upon the Buyer, he will be entitled to claim compensation for the loss suffered by it due to short delivery or breach of warranty and the Seller will be liable to make good the loss.
- If the goods are not shipped by the Seller within the shipment period mentioned above, the Buyer will have the option either to cancel this contract or to extend the period. If the contract is not cancelled within two weeks from the last date of shipment, the Buyer shall be deemed to have agreed to an extension of a reasonable period for shipment.
- It will he the responsibility of the Buyer to obtain license for the Import of the goods In its country and to pay all the custom duties, import duties and other clearance charges for clearing the goods from the ship and carrying them to its factory or godown.
- Similarly it will be the responsibility of the seller to take out an export License if required by the law of its country and to pay all charges for transport and shipment of the said goods.
- The seller shall inter to the contract at is own expense for the carriage of the goods to the port of destination namely – by the usual route In a seagoing ship for the transport of the said goods.
- The seller shall obtain at is own costs cargo Insurance for the price of the goods plus 10% so that the buyer shall able to the claim directly from the insurance provide the buyer with the Insurance policy or other evidence of insurance cover. The insurer shall be of good reputed and the Insurance shall be in accordance with maximum cover of the cargo clauses embed by the institute of undeprescribed writers. The declaration of the insurance shall be from the delivery of the goods on board the ship at the port of shipment namely …..
- The seller shall he responsible for all the risk of loss of damage to the goods until such time as they have the passed the ships rail at the said port of shipment. The seller shall also bar the risk to the goods until they have been delivered as aforesaid including costs of loading the goods on boat the ship and charges for unloading at the port of discharge which may be levied by the shipping line when
covenant for redemption therein contained and on the terms, powers and provisions therein provided. AND WHEREAS the said Deed of Mortgage, inter-alia provided that in the event of the Mortgagor failing to pay Interest on the said principal sum regularly or making default in paying the principal amount on the due date therein provided or committing breach of any term or condition or provision therein contained, the Mortgagees will be entitled to call back the amount due to them as if the due date had expired and in that event to sell the said land and premises by public auction without the intervention of the Court under the power given to them In terms of 8. 69 of the Transfer of Property Act, 1882. AND WHEREAS the said Deed of Mortgage also. Inter-alia contained a joint account clause’ under which it has been provided that any one or more of the Mortgagees who will be available in the Town of ………. will he entitled to exercise any of the powers given to the Mortgagees including the power of sale and any receipt or deed of reconveyance on repayment of the amount or any deed of conveyance on sale of the said mortgaged property signed by any one of the Mortgagee will be valid as if it was signed by all and as if the other Mortgagees had appointed him as their constituted attorney. AND WHEREAS the Mortgagor failed to pay interest regularly and to pay the Mortgage amount on the due date and the Mortgagees therefore, through their Advocate’s notice dated ……. called the Mortgagor to pay the amount due to them being the amount of Rs…………. for principal and interest accrued thereon to the Mortgagees. AND WHEREAS the Mortgagor failed to pay to the Mortgagees the said amount even after the statutory period of the said notice expired and Interest of more than Rs. 5001- was also due and payable by the Mortgagees. AND WHEREAS the Mortgagees. therefore, in exercise of the power of sale auction contained in the said Deed of Mortgage as aforesaid put up the said property for sale by public auction through M/s………………. auctioneers on the day ………. of ………. and at such auction sale, the Purchaser herein was the highest bidder for the sum of Rs. …….. and his bid was accepted and the Purchaser paid to the Mortgagees through the said auctioneers a sum of Rs ……… as advance or earnest.
AND WHEREAS the Purchaser has examined the title in terms of the particulars and conditions of sale and has requested the Mortgagees to execute this deed of conveyance in his favour. AND WHEREAS the said Vendor is the only Mortgagee and partner of the firm of M/s. A B C & Co. now present, in the town the others having gone outside for business or otherwise and are not available at present and the Vendor is entitled to execute this deed for self and on behalf of the other partners of his said Firm under the circumstances aforesaid. AND WHEREAS for the purposes of stamp duty the consideration /market value is fixed at Rs …….. NOW THIS DEED witnesseth that pursuant to the premises and In consideration of the said sum of Rs …….. paid by the Purchaser as earnest money as aforesaid and the ……. sum of Rs …….. paid by the Purchaser on the execution hereof (receipt whereof the Vendor doth hereby admit for self and on behalf of the other Mortgagees) He the Vendor as such Mortgagee and for self and on behalf of the other Mortgagees and as their duly constituted attorney doth hereby grant and convey the said land and premises described in the Schedule hereunder written and all other the premises granted and conveyed by the Mortgagor to the Mortgagees by the said Deed of Mortgage and all, the right, title and Interest, claim and demands of the Mortgagees under and by virtue of the said Deed of Mortgage Into and upon the said land and premises being the mortgaged premises TO HAVE AND TO HOLD the same unto and to the use of the Purchaser absolutely freed and discharged of all the moneys due and the right. title and Interest and claims of the Mortgagees under the said Deed of Mortgage but subject to the payment of all taxes, assessments, dues and duties payable to the Government or Municipal Corporation or any other local authority in respect of the said premises And the Vendor doth hereby covenant for self and on behalf of the other Mortgagees that the Mortgagees have not done or caused to be done any act, deed or thing whereby they are prevented from selling the said Mortgaged property as aforesaid and executing these presents in manner aforesaid. IN WITNESS WHEREOF the Vendor has put his hand the day and year first hereinabove written. THE SCHEDULE ABOVE REFERRED TO: Signed and delivered by the
on …………….. However, the Vendors continued in the absolute possession of the said property being the heirs of said Smt. N, who had inherited the property of her deceased father Shri X and claimed the same absolutely she being under customary form of marriage and allowed to retain the property to her father absolutely and as such the said Smt. N does not claim any right, title and interest in the said property and agreed to confirm this agreement without claiming any right, title and interest therein. AND WHEREAS the Vendors have represented to the Developers herein that they have filed the return of their total land holding as per section 6(1) of the Urban Land (Ceiling & Regulation) Act, 1976 with the Competent Authority under the said Act, and have also submitted the scheme under section 21 of the said Act to the said Competent Authority thereby requesting the Competent Authority to permit the Developers to develop the property as per the Scheme. AND WHEREAS the Developers herein have approached the Vendors with an intention to develop the said property from the Vendors and pursuant to the negotiations by and between the parties hereto and subject to the necessary approval being granted by the Competent Authority under the provisions of Urban Land (Ceiling & Regulation) Act, 1976 which approval/sanction is agreed to be persuaded by the Developers at their own costs and expenses and also subject to the plan of the proposed development being sanctioned by the Municipal Corporation of …………………, which responsibility is agreed to be shouldered by the Developers herein as a result of which hereof the Vendors are desirous of appointing the Developers as developers of the said property more particularly described in the Schedule hereunder written for the consideration and upon the terms and conditions hereinafter appearing: NOW THESE PRESENTS WITNESSETH AND IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS: (1) The Vendors do hereby nominate, constitute and appoint the Developers to develop/purchase the said property at their own cost more particularly described in the First Schedule hereunder written by constructing building/s thereon as per the plans/specifications to be approved and/or sanctioned by the Bombay Municipal Corporation and the Competent Authority under the Urban Land (Ceiling & Regulation) Act, 1976. (2) In consideration of the Vendors having appointed the Developers as the Developers of the said property and the Vendors agreeing to allow the Developers
to appropriate to themselves the entire profits arising from the development scheme as is hereinafter provided, the Developers agree to pay to the Vendors a sum of Rs. …………. (Rupees …………………… only) lump sum in the following manner: (a) Rs. ………….. (Rupees ………………………. ) being the part consideration and/or earnest money paid by the Developers to the Vendors on or before the execution of these presents (the payment and receipt whereof the Vendors doth hereby admit, acknowledge, acquit, release and discharge the Developers forever). On execution of these presents the Vendors shall hand over vacant and peaceful possession of the said property to the Developers for the purpose of development. (b) Rs…………… (Rupees …………….. only) being the further payment in the share of the development payable by the Developers to the Vendors on or before ……………… ; which failure to pay this amount on stipulated date will entitle Vendors to claim interest at ….. % p.a. from the date of default till payment. (c) Rs ………….. (Rupees ………………………….. only) to be paid on or before the ………. day of ………………., 2000. (d) Rs………….. (Rupees ………………………. only) to be paid by the Developers to the owner on or before the ……… of ………….., 2000. (e) Rs………….. (Rupees ……………… only) on or before the ………. of ……………,
(f) Rs………….. (Rupees ………………….. only) on or before the ……… of ……………….., 2000. (g) Rs. ………….. (Rupees …………………. only) on or before the ……….. of ………………., 2000. The above stated payment shall entitle the Vendors an interest from the date of default till the payment on the stipulated rate of ….. % p.a. as stated hereinabove, on the balance of the purchase price in full and final settlement of the Vendor’s claim over the said land on completion of the sale and/or execution of the Conveyance Deed and if more than one Conveyance Deed are to be executed on execution of last conveyance and all other necessary writings in favour of the Developers, his/their nominee/s including a proposed co-operative housing society or a Body Corporate as is hereinafter provided. It is made clear that if the
hereby agreed to be developed. The Vendors further assure to extend maximum co- operation for obtaining N.O.C. and for giving declarations, affidavits, etc. (7) Upon the payment of the said sum specified in clause 2(b) above, the Vendors shall hand over the vacant and peaceful possession of the said property to the Developers and Developers shall thereafter be authorised to commence construction of buildings on the said land in accordance with the plans approved and/or sanctioned by the ……………Municipal Corporation as well as under the Urban Land (Ceiling & Regulation) Act, 1976 and take such steps as may be necessary or expedient and incidental to carry out the development of the said land at their own costs, expenses. For the said purpose, the Developers shall be entitled to appoint Architects, Engineers, Surveyors, Contractors, Agents and other personnel and shall be entitled to take all such steps as may be necessary or incidental for such development and construction work at their own costs and expenses. (8) It is agreed and undertaken by the Developers that they shall at their own costs and expenses persuade the matter regarding NOC with the Competent Authority under the Urban land (Ceiling & Regulation) Act, 1976 and obtain NOC from such authority. It is further agreed by the Developers that all the necessary permission and/or sanction required from the Competent Authority and/or State Government either for the purpose of development of the said property or for the transfer of the said property including the proposed structure thereon under the provisions of the Urban Land (Ceiling and Regulation) Act, 1976 shall be obtained by the Developers at their own costs and expenses and the Vendors shall not be liable for any such NOC, expenses relating thereto or delay in obtaining the same. (9) Immediately on the execution of these presents, the Vendors herein shall execute a Power of Attorney in favour of the Developers or their Nominee(s) as may be desired by the Developers for the purpose of signing and/or executing all the applications, proceedings, plans, etc. to obtain necessary approval from the various authorities in connection with the development to be submitted by the Developers on behalf of the Vendors to the Competent Authority, Urban Land Ceiling, Municipal Corporation of …………………, Town Planning Authority or any other Government or Semi-Government authority in connection with the development so as to facilitate the development of the property hereby agreed to be developed by the Developers on behalf of the Vendors. The Vendors hereby agree that the said Power of Attorney shall not be, under any circumstances, revoked by the Vendors as long as these presents subsist and remain binding upon the parties hereto. If the
said Power of Attorney is revoked by the Vendors and delay is caused in developing the property hereby agreed to be developed the consequences arising thereof shall be at the costs of the Vendors alone. (10) It is agreed and undertaken by the Developers that they shall at their own costs and expenses persuade the matter with Town Planning Authorities, Municipal Corporation of …………………., …………………Electric Supply for the purpose of removing the reservation/restriction, if any and for the purpose of allotting the plots under ………. Scheme, etc. and under no circumstances, the Developers shall call upon the Vendors to pay the costs of such actions. The Developers agree and undertake that at any post and under any circumstances they will get the property released from reservation, if any, and get the said allotted under ………. Scheme. in favour of the Vendors. It is agreed by the Developers that whatever may be the final sanction under ………. Scheme they shall pay to the vendors as per the original plot area. (11) The Vendors shall render all assistance, co-operation and sign and execute or cause to be signed and executed all applications, plans, authorities and other writings as may be necessary or required to enable the Developers for development of the said plot and to obtain approval of the ……….. Municipal Corporation and Planning Authority to the Plans, designs and drawings for putting up building and structures and shall on the execution thereon execute a Power of Attorney in favour of the Developers or their Nominee/s to enable them to develop the said property and the Developers shall indemnify and keep indemnified and harmless the Vendors and their estate and effects from and losses or damages or any consequences which may flow by virtue of their signing the said Power of Attorney. (12) All buildings to be constructed on the lands comprised under this Agreement and the dwelling units thereon will be in accordance with the Scheme sanctioned by the Competent Authority or State Government under the provisions of Urban Land (Ceiling & Regulation) Act and will be dealt with in accordance with the directions, if any, given by the Competent Authority or State Government while sanctioning the said scheme. If the Developers desire any variations in the said scheme, so as to provide dwelling units of larger sizes in the building to be constructed on the said land and/or to receive higher price for such dwelling units the Developers, shall be at liberty to make necessary application for the purpose to the authorities concerned at their own costs and the Vendors shall join the Developers in the said applications provided however, if the authorities concerned refuse or decline to give ,any such applications, which may be made by the Developers, dwelling units
