Consideration/Conditions Sample Clauses
Consideration/Conditions. In consideration of the promises and mutual covenants and agreements contained herein, the Parties agree to the conditions listed below. These conditions, and any and all additional requirements specified by TTUHSC or the applicable department must be met prior to assuming duties at TTUHSC, but no later than the beginning date of the term of this appointment. Failure to satisfy any or all requirements prior to the indicated start date will either: (1) prevent Resident/Fellow from being appointed, i.e., result in Resident's/Fellow’s training Agreement being deemed null and void; or, (2) upon approval of the Program Director and Designated Institutional Official, may necessitate a change in the start date of the term of appointment, thus delaying the commencement of salary and benefits. Resident/Fellow will not be allowed to begin work nor receive pay or benefits until his/her PIT or Texas medical license has been received by the GME office. If at some time subsequent to beginning a residency or fellowship program it is learned that qualifications have not been met including, but not limited to, completion of Resident's/Fellow's medical school education curriculum, TTUHSC will deem this Agreement null and void. In the event Resident/Fellow, for whatever reason, is unable to meet the requirements for practicing medicine at any of the affiliated hospitals or other participating institutions, this Agreement shall likewise be deemed null and void. These conditions are as follows:
Consideration/Conditions. In consideration of the promises and mutual covenants and agreements contained herein, the Parties agree to the conditions listed below. These conditions, and any and all additional requirements
Consideration/Conditions. 3.1 In accordance with the terms and conditions set out in this AFS, the Promoter hereby agrees to sell, transfer and convey and the Allottee hereby agrees to buy the Apartment bearing no. _ having Carpet Area of sq. mtr. or sq. ft. approximately on _ Floor, in tower/block _ of the Project along with pro rata share in the Common Areas and one Car Parking space,for a Total Price of Rs. /- (Rupees Only) (“Total Price”).
3.2 The Total Price for the Apartment shall include the following:
A. Price at the rate of Rs. /- per ▇▇.▇▇▇. (Rs. /- per sq.ft.) of Carpet Area;
B. PLC at the rate of Rs. /- per ▇▇.▇▇▇. (Rs. /- per sq.ft.) of Carpet Area;
C. GST and other taxes and/ or cess (if applicable)
3.3 In addition to the Total Price, the Allottee hereby undertakes and agrees to pay the following:
(i) Maintenance Charges (advance for 2 years) at the rate of Rs. /- per sq. mtr. (Rs. /- per sq. ft.) of Carpet Area;
(ii) IFMSD for an amount of Rs. /-; The Total Price as well as the amounts payable under sub-clause (i) and (ii) shall be payable by the Allottee to the Promoter in accordance with the Payment Plan, Schedule C to this AFS.
3.4 The stamp duty, registration charges and administrative charges for execution and registration of this AFS as well as the Conveyance Deed in favour of the Allottee shall be paid extra by the Allottee as and when demanded by the Promoter or at the time set out in the Payment Plan, Schedule C of this AFS.
3.5 The booking amount payable for allotment of the said Apartment shall be payable by the Allottee in two installments i.e., booking amount 1 and booking amount 2, the sum total of which shall constitute the booking amount (“Booking Amount”) for the said Apartment for all intents and purposes. The Total Price shall include the Booking Amount paid/payable by the Allottee to the Promoter towards the Apartment. In case of cancellation of allotment for any reason(s) whatsoever, for no fault of the Promoter, the Promoter shall be entitled to forfeit the entire Booking Amount along with the Delay Payment Charges and thereafter refund the balance amount to the Allottee within 90 (Ninety) days of such cancellation without any interest whatsoever.
3.6 The Total Price above includes taxes (consisting of tax paid or payable by the Promoter by way of value added tax, service tax, GST and cess or any other similar taxes which may be levied, in connection with the construction of the Project payable by the Promoter) up to the date of handing over the...