Bulk supply of Electrical Energy Sample Clauses

Bulk supply of Electrical Energy. In the event the Company (or its nominee) decides to apply for and thereafter receives permission, from Himachal Pradesh State Electricity Board Limited (HPSEB Ltd.)/ Himachal Pradesh Electricity Regulatory Commission (HPERC) or from any other body / commission/ regulator / licensing authority constituted by the Government of Himachal Pradesh for such purpose, to receive and distribute bulk supply of electrical energy in the Said Complex, then the Allottee undertakes to pay on demand to the Company (or its nominee) proportionate share as determined by the Company (or its nominee) of all deposits and charges paid/ payable by the Company (or its nominee) to (HPSEB Ltd.)/ (HPERC) or any other body/commission/regulatory / licensing authority constituted by the Government of Himachal Pradesh, failing which the same shall be treated as unpaid portion of the Total Price payable by the Allottee for the Said Apartment and the conveyance of the Said Apartment shall be withheld by the Company till full payment thereof is received by the Company (or its nominee) from the Allottee. Proportionate share of cost, incurred by the Company (or its nominee) for creating infrastructure like HT Feeder, EHT Substation etc. shall also be payable by Allottee on demand. Further the Allottee agrees that the Company (or its nominee) shall be entitled in terms of the Maintenance Agreement to withhold electricity supply to the Said Apartment till full payment of such deposits and charges is received by the Company (or its nominee). Further in case of bulk supply of electrical energy, the Allottee agrees to abide by all the conditions of sanction of bulk supply including but not limited to waiver of the Allottee’s rights to apply for individual/ direct electrical supply connection directly from (HPSEB Ltd.) / (HPERC) or any other body responsible for supply of electrical energy. An undertaking in this regard executed by the Allottee is attached as Annexure-IX to this Agreement. The Allottee agrees to pay any increase in the deposits, charges for bulk supply of electrical energy as may be demanded by the Company (or its nominee), from time to time. SALE
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