Common Amenities Maintenance Charges: (Post Handover Of The Villa Sample Clauses

Common Amenities Maintenance Charges: (Post Handover Of The Villa. Commencing a week after notice in writing is given by the Promoter to the Allottee that the said Villa is ready for use and occupation, the Allottee shall be liable to bear and pay the proportionate share (i.e. in proportion to the UDS) of all the outgoings in respect of the Project, (but excluding the interior of the said Villa hereby agreed to be sold to the Allottee), the assessments, taxes, cesses, charges, levies and other amounts payable to all Government, Semi-Government, Local and Public Bodies and Authorities, water charges, insurance premia, maintenance and repairs of common lights, common passages water pumps, and all other common areas, amenities and facilities, sanitary and water connections, salaries of clerks, bill collectors, chowkidars and sweepers, STP, and all other costs and expenses necessary and incidental to the management, maintenance, repairs and preservation of the Project and the said CLOVER VILLA Until the Association of allottees is formed and registered and the Project as the case may be, is transferred to it as aforesaid, the Allottee/Association of Villa Allottees shall continue to pay to the Promoter such proportionate share of the outgoings as may be determined by the Promoter from time to time. The Allottee further agree, undertake and covenant that till the allottees' share is so determined, the Allottee shall pay to the Promoter a provisional contribution of Rs. 7125.00 /- (Rupees ( Seven Thousand One Hundred Twenty Five )only) per month payable in advance on a yearly basis towards the outgoings, plus all increases thereto as may be determined by the Promoter from time to time. The amount so paid by the Allottee to the Promoter shall not carry any interest and remain with the Promoter till the formation of the Association and handover of the accounts to such an Association. The Allottee agree, undertake and covenant to pay and discharge such provisional contribution on yearly basis on the 5th (fifth) day of each twelve month period in advance.
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Related to Common Amenities Maintenance Charges: (Post Handover Of The Villa

  • Definitions For purposes of this Agreement:

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

  • NOW THEREFORE the parties hereto agree as follows:

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