CONSTRUCTION COSTS AND OTHER RELATED PAYMENTS Sample Clauses

CONSTRUCTION COSTS AND OTHER RELATED PAYMENTS. The Construction Cost of the Apartment based on the carpet area is Rs. [8821950] (Rupees Eighty Eight Lakh Twenty One Thousand Nine Hundred Fifty Only). The Construction cost includes the following amounts, which as and by way of Consideration, the Allottee agree to pay to the Promoter:
Sample 1
AutoNDA by SimpleDocs
CONSTRUCTION COSTS AND OTHER RELATED PAYMENTS a. The Construction Cost for the Apartment based on the carpet area is Rs. [ ] (Rupees [ ] only). The Construction Cost includes the following Block/Building/Tower no. Apartmentno.TypeFloor Amount Rupees only ("Construction Cost) (Give break up and description): Provide break up of the amounts such as cost of apartment, proportionate cost of common areas, preferential location charges, taxes etc. The Construction Cost above includes the booking amount paid by the Allottee to the Promoter towards the Apartment; 1. The Construction Cost above includes Taxes (consisting of tax paid or payable by the Promoter by way of Value Added Tax, Service Tax, 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 possession of the Apartment: 2. Provided that in case there is any change / modification in the existing taxes and any other new Taxes, the subsequent amount payable by the Allottee to the promoter shall be increased/reduced based on such change / modification. 3. The Promoter shall periodically intimate to the Allottee, the amount payable as stated in (1) above and the Allottee shall make payment within (- --------) days from the date of such written intimation. 4. The Construction Cost is escalation-free, save and except increases, which the Allottee hereby agrees to pay, due to increase on account of development charges payable to the competent authority and/or any other increase in charges, which may be levied or imposed by the competent authority from time to time. 5. The Promoter undertakes and agrees that while raising a demand on the Allottee for increase in development charges, cost/charges imposed by the competent authorities, the Promoter shall quote the said notification/order/rule/regulation to that effect along with the demand letter being issued to the Allottee. 6. The Allottee(s) shall make the payment as per the payment plan set out in Schedule D (“Payment Plan”). The Allottee authorizes the Promoter to adjust/appropriate all payments made by him/her under any head(s) of dues against lawful outstanding, if any, in his/her name as the Promoter may in its sole discretion deem fit and the Allottee undertakes not to object/demand/direct the Promoter to adjust this payment in any manner.  In case maintenance of the project is done by the promoter after hand over, promoter shall be entitled to collect advance maintenance charges as mutuall...
Sample 1
CONSTRUCTION COSTS AND OTHER RELATED PAYMENTS a. The Construction Cost for the Apartment is ______________________is agreed by the Allottee(s) with the Promoter and the said Construction Cost is exclusive of land cost that the Allottee(s) has agreed to pay separately; b. The Allottee(s) has/have paid a sum of ___________________to the Promoter as advance amount towards construction cost; c. The Allottee(s) agrees to pay the balance construction cost of _ in the manner following: 1. Booking Amount Rs. 2. 15 Days from Date of Booking Rs.
Sample 1

Related to CONSTRUCTION COSTS AND OTHER RELATED PAYMENTS

  • Fees and Other Charges (a) The Borrower will pay a fee on each outstanding Letter of Credit requested by it, at a per annum rate equal to the Applicable Margin then in effect with respect to Eurocurrency Loans under the Revolving Facility (minus the fronting fee referred to below), on the face amount of such Letter of Credit, which fee shall be shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date; provided that, with respect to any Defaulting Lender, such Lender’s ratable share of any letter of credit fee accrued on the aggregate amount available to be drawn on any outstanding Letters of Credit during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such Lender’s ratable share of any letter of credit fee shall otherwise have been due and payable by the Borrower prior to such time; provided further that any Defaulting Lender’s ratable share of any letter of credit fee accrued on the aggregate amount available to be drawn on any outstanding Letters of Credit shall accrue for the account of the Borrower so long as such Lender shall be a Defaulting Lender. In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee on the aggregate face amount of all outstanding Letters of Credit issued by it to the Borrower separately agreed to by the Borrower and such Issuing Lender (but in any event not to exceed 0.25% per annum), payable quarterly in arrears on each Fee Payment Date after the issuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each Issuing Lender for costs and expenses agreed by the Borrower and such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit requested by the Borrower.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!