Amount and submission of Security Deposit Sample Clauses

Amount and submission of Security Deposit. 3.1.1 The Purchaser shall deposit at the time of execution of this agreement with the Corporation, as Security Deposit amounting to Rs. _ _ _ in the form of Demand Draft / Pay Order / NEFT / RTGS / Bank Guarantee from Nationalized Bank, an amount expressed in Indian Rupees equivalent to the value of Quantity of Coal for a month.
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Amount and submission of Security Deposit. 3.1.1 The Purchaser shall deposit at the time of execution of this agreement with the Corporation, as Security Deposit amounting to Rs. in the form of Demand Draft or Pay Order from Nationalized Bank, an amount expressed in Indian Rupees equivalent to the value of Quantity of Coal for a month. 3.1.2 The purchaser shall have the following option to furnish the security deposit amount of Rs. …………/- (Rs in words ) to the Corporation : a) Deposit 100 % of the security deposit prior to the signing of this agreement ; or b) Deposit 1/3 of the Security deposit amount referred to in 3.1.1 above prior to signing of this agreement and the balance amount in two installments after signing of this agreement. 3.1.3 In pursuance to the option b, of the clause 3.1.2 above the purchaser has deposited an initial security deposit of Rs. …………/- (In words Rs ) by way of D.D./RTGS.
Amount and submission of Security Deposit. 3.1.1 The Purchaser shall deposit at the time of execution of this agreement with the Corporation, as Security Deposit amounting to Rs. ………………./- in the form of Demand Draft or Pay Order from Nationalized Bank, an amount expressed in Indian Rupees equivalent to the value of Quantity of Coal for a month. 3.1.2 Deleted 3.1.3 The purchaser has deposited security deposit of Rs. …………………/- (In words Rs.……………………..……….………………………………………………………… …………………………………………………… …………) by way of D.D./RTGS.
Amount and submission of Security Deposit. 3.1.1 The Purchaser shall deposit with the Seller as Security Deposit, in the form of cash /or bank guarantee an amount expressed in Indian Rupees equivalent to the Base Price of GCV range 5500 - 5800 KCAl/ Kg Grade G 6 Run o f Mine ( ROM) Coal prevalent on the Signature Date multiplied by “ACQ/24” (ACQ divided by 24) i.e. Rs /- (Rs

Related to Amount and submission of Security Deposit

  • Return of Security Deposit (a) We must return your security deposit and any accrued interest in the following circumstances: (i) you complete 1 years’ payment (in the case of residential customers) or 2 years’ payment (in the case of business customers) by the pay-by dates on our initial bills; or (ii) subject to clause 14.3 of this contract, you stop purchasing energy at the relevant premises under this contract. (b) If you do not give us any reasonable instructions, we will credit the amount of the security deposit, together with any accrued interest, to your next bill.

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