ADDITIONAL PAYMENTS AND DEPOSITS Clause Samples
ADDITIONAL PAYMENTS AND DEPOSITS. 5.1 Beside the agreed consideration, the Purchaser/s herein shall also pay to the Developer- Vendor herein the additional payments as mentioned, explained, enumerated, provided and given at and under PART–I of the SIXTH SCHEDULE and also shall pay and deposits all as mentioned in Part – II of the Sixth Schedule hereunder written.
5.2 In case the area of the flat is found to be increased after completion of constructions and if such addition in area is certified by the architect of the project, the Purchaser/s herein shall make the payment/s of consideration/s of such additional area at the rate at which the consideration/s is agreed hereto.
5.3 The amounts of the additional payments and deposits shall be paid by the Purchaser/s herein within 15 days of the respective demand for the same on or before the date of possession whichever is earlier. In the event of the Developer-Vendor herein being unable to quantify an amount at the initial stage, the Purchaser/s herein shall make payment on the basis of the estimates made by the Developer-Vendor herein. In case of subsequent revision of estimates and/or upon quantification of the concerned amount(s) demanded by the Developer-Vendor herein, the Purchaser/s herein shall pay the balance/ further amount(s) within 15 days of such demand.
5.4 The Additional Payment and the deposits are an integral part of the transaction and non- payment/delayed payments thereof shall also result in default on in the part of the Purchaser/s and the Owners-Vendors and the Developer-Vendor herein shall become entitled to exercise the rights on the Purchaser/s causing such default.
ADDITIONAL PAYMENTS AND DEPOSITS. 5.1 The Purchaser shall also pay to the Builder, the Additional Payments mentioned in PART-I and PART-II of the SIXTH SCHEDULE hereto.
5.2 The Purchaser shall also pay to the Builder, the Mandatory Deposits/Advances/Extra costs mentioned in PART-III of the SIXTH SCHEDULE hereto.
5.3 The amounts of the Additional Payments and Mandatory Deposits / Advance / Extra Costs shall be paid by the Purchaser within 30 days of respective demands for the same or the date of Notice of Possession, whichever is earlier.
5.4 The Additional Payments and the Mandatory Deposits / Advance / Extra Costs are an integral part of the transaction and non-payment / delayed payment thereof shall also be an act of default on the part of the Purchaser and the Builder shall become entitled to exercise the Rights on Purchaser's Default contained in the NINTH SCHEDULE hereto.
ADDITIONAL PAYMENTS AND DEPOSITS. 5.1. The Purchaser/ s herein shall also pay to the OWNER Company being represented by i ts representative Director herein the additional payments as mentioned, explained, enumerated, provided and given at and under PART - I and SECTION-A and SECTION-B of the SIXTH SCHEDULE hereunder written and/ or given.
ADDITIONAL PAYMENTS AND DEPOSITS. 5.1 The Purchasers shall also pay the Additional Payments mentioned in Part-I of the Seventh Schedule hereto.
5.2 The Purchasers shall also pay the amounts of the Deposits mentioned in Part-II of the Seventh Schedule hereto.
5.3 Unless otherwise specified in this Memorandum including in the Seventh Schedule hereto, the amounts of the Additional Payments and Deposits shall be paid by the Purchaser within 7(seven) days of respective demands for the same or before the Date of Access, whichever is earlier. In the event of the Developer being unable to quantify any amount at the initial stage, the Purchasers shall make payment on the basis of the estimates made by the Developer. In case of subsequent revision of estimates and/or upon quantification of the concerned amount(s), the Purchasers shall pay the balance/further amount(s) demanded by the Developer within 7 days of demand.
5.4 The Additional Payments and the Deposits are an integral part of the transaction and non-payment/delayed payments thereof shall also result in default on the part of the Purchasers and the Vendors shall become entitled to exercise the Rights on Purchaser’s Default.
ADDITIONAL PAYMENTS AND DEPOSITS. 5.1 The Purchaser shall also pay the Fixed Additional Payments mentioned in Part- II of the Third Schedule hereto together with applicable Service Tax thereon by negotiable instruments payable at Kolkata to the Developer. The Purchaser shall also pay to the Developer the Variable Additional Payments mentioned in Part-I of the Fourth Schedule hereto 5.2 The Purchaser shall also pay to the Developer and/or the Maintenance Agency the amounts of the Deposits mentioned in Part-II of the Fourth Schedule hereto together with applicable Service Tax thereon by negotiable instruments payable at Kolkata.
ADDITIONAL PAYMENTS AND DEPOSITS. 5.1 The Purchaser shall also pay to the Seller the Additional Payments mentioned in Part-I of the
5.2 The Purchaser shall also pay to the Seller the amounts of the Deposits mentioned in Part-II of the Fourth Schedule hereto.
5.3 The amounts of the Additional Payments mentioned in Part I of the Fourth Schedule and the Deposits mentioned in Part-II of the Fourth Schedule shall be paid by the Purchaser as mentioned in the said Schedules. In the event of the Seller being unable to quantify any amount at the initial stage, the Purchaser shall make payment on the basis of the estimates made by the Seller. In case of subsequent revision of estimates and/or upon quantification of the concerned amount(s), the Purchaser shall pay the balance/further amount(s) demanded by the Seller within 7 days of demand.
5.4 The Additional Payments and the Deposits are an integral part of the transaction and non- payment/delayed payments thereof shall also result in default on the part of the Purchaser and the consequences mentioned in the Ninth Schedule hereto shall follow.