Gross Revenue 16.1.1 For the purposes of this PPP Agreement and its Schedules, Gross Revenue shall be defined as:
Excluded Expenditures The Recipient undertakes that the proceeds of the Financing shall not be used to finance Excluded Expenditures. If the Association determines at any time that an amount of the Financing was used to make a payment for an Excluded Expenditure, the Recipient shall, promptly upon notice from the Association, refund an amount equal to the amount of such payment to the Association. Amounts refunded to the Association upon such request shall be cancelled.
ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.
PARTICULARS OF SUBJECT PROPERTY TITLE : The strata title for the subject property has not been issued. MASTER TITLE / LOT NO : HSM 995, GM 819, GM 280, GM 825, GM 826, GM 827, Lot 2708, GM 829, & EMR 4057, PT 887, Lot 2702, Lot 2704, Lot 2703, Lot 2707, Lot 2706, Lot 2705 & Lot 2708 MUKIM/DISTRICT/STATE : Setapak / Kuala Lumpur / Federal Territory Kuala Lumpur TENURE : Freehold interest FLOOR AREA : 98.1 square metres (1,056 square feet) DEVELOPER/VENDOR : Xxxx Xxxxx Sdn Bhd (82598-P) PURCHASER : Xx Xxxxx Xxx Xxxxxx ENCUMBRANCES : Assigned to RHB Bank Berhad (6171-M) LOCATION AND DESCRIPTION OF THE SUBJECT PROPERTY The subject property is located within Desa View Towers, Taman Melawati, Kuala Lumpur. The subject property is a 4-bedroom apartment unit identified as Developer’s Parcel No.01, Level No.10, Building No.D, Desa View Towers and bearing postal address at Xxxx Xx. 00-00-00, Xxxx Xxxx Xxxxxx, Xxxxx Xxxxxxxx, 00000 Xxxxx Xxxxxx. RESERVE PRICE : The subject property will be sold “as is where is basis” and subject to a reserve price of RM 350,000.00 ( RINGGIT MALAYSIA: THREE HUNDRED AND FIFTY THOUSAND ONLY) subject to the Conditions of Sale and by way of an Assignment from the above Assignee subject to consent being obtained by the successful bidder(“the Purchaser”) from the relevant authorities, if any, including all terms, conditions, stipulation and covenants which were and may be imposed by the relevant authority. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne solely by the successful bidder (“the Purchaser”).Online bidders are further subject to the Terms & Conditions on xxx.xxxxxxxxxxxxxxxx.xxx All intending bidders are required to deposit 10% of the fixed reserve price by bank draft/ cashier’s order only in favour of RHB Bank Berhad prior to the auction sale with the under mentioned Auctioneer and the balance of the purchase price is to be settled within ninety (90) days from the date of auction to RHB Bank Berhad via Bank Draft / XXXXXX. Details of payment via XXXXXX, please liaise with Messrs Xxxxxx Xxxxx & Xxxxxxxx. For further particulars, please contact MESSRS XXXXXX EMRAD & SUJIAHAH, Solicitors for the Assignee herein whose address is at Xxxxx 00.0, 00xx Xxxxx, Xxx Xxxx Building, Xx.00, Xxxxx Xxxx Xxxxxx, 00000 Xxxxx Xxxxxx. Tel: 00-0000 0000 / Fax: 00-0000 0000.[ Ref:ZES/ZHR/RHB-ECC/13925-22/0511 ] or under mentioned Auctioneer. RAJAN AUCTIONEERS SDN. BHD. X. XXXXX Xx.00X, Xxxxxxx Xxxx, Xxxxx Xxxx Xxxxxx, ( Licensed Auctioneer ) 00000 Xxxxx , Xxxxxxxx Xxxxx Xxxxx H/P : 000-0000000 Tel : 00-00000000 / Fax: 00-00000000 H/P : 012-2738109 Our Ref: RA/RHB/ZES/KL/4030-23 (sri) PERISYTIHARAN JUALAN DALAM PERKARA PERJANJIAN KEMUDAHAN XXX SURAT IKATAN PENYERAHAN HAK BERTARIKH 24HB JULAI 2003 ANTARA RHB BANK BERHAD ( NO.SYARIKAT 196501000373 (6171-M) ) PIHAK PEMEGANG XXXXX XXX/BANK XXX XX XXXXX XXX XXXXXX ( XX.XX: NRIC NO: 761227-03-5555 / A3027496 ) PIHAK PENYERAH HAK/PEMINJAM Dalam menjalankan xxx xxx kuasa xxxx diberi kepada Pihak Pemegang Serah xxx xxx di bawah Perjanjian Kemudahan xxx Surat Ikatan Penyerahan Hak kedua-duannya bertarikh 24hb Julai 2003 di antara Pihak Pemegang Serah Xxx xxx Pihak Penyerah Xxx xxx dalam Perjanjian Jual Beli antara Pihak Penyerah Xxx xxx Xxxxxx Xxxxx Xxxxxx (“Penjual”) bertarikh 25hb Februari 2003, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Xxxxx xxx dengan dibantu oleh Xxxxxxxx yang tersebut di bawah. AKAN MENJUAL HARTANAH YANG DIPERIHALKAN DI BAWAH MELALUI LELONGAN AWAM PADA HARI RABU, 19HB APRIL 2023 PADA JAM 10.30 PAGI, DI RAJAN AUCTIONEERS SDN BHD, XX.00X, 0XX XXXXX, XXXXX XXXX XXXXXX, 00000 XXXXX, XXXXXXXX XXXXX XXXXX. & bakal pembida juga boleh membuat bidaan melalui atas talian (online) di xxx.xxxxxxxxxxxxxxxx.xxx (Untuk bidaan melalui atas talian (online), xxxx buat pendaftaran sekurang-kurangnya satu (1) hari bekerja sebelum tarikh lelongan untuk tujuan pengesahan.) NOTA: Penawar yang berminat adalah dinasihatkan agar (i) memeriksa hartanah tersebut xxx membuat siasatan mengenai pengeluaran hakmilik individu strata berasingan (ii) meminta nasihat daripada Pihak Xxxxxx dalam semua perkara berkenaan dengan jualan lelongan, termasuk Syarat-syarat Jualan (iii) membuat carian Hakmilik Xxxxx xxxxxx rasmi di Pejabat Tanah xxx/atau xxxx-xxxx Pihak-pihak Berkuasa yang berkenaan xxx (iv) membuat pertanyaan dengan Pihak Berkuasa yang berkenaan samada jualan ini terbuka kepada semua bangsa atau kaum Bumiputra Warganegara Malaysia sahaja atau melayu sahaja xxx juga mengenai persetujuan untuk jualan ini sebelum jualan lelong .Penawar yang berjaya ("Pembeli") dikehendaki dengan segera memohon xxx mendapatkan kebenaran pindahmilik (jika ada) daripada Pihak Pemaju xxx/atau Pihak Tuanpunya xxx/atau Pihak Berkuasa Negeri atau badan-badan berkenaan (v) memeriksa xxx memastikan samada jualan ini dikenakan cukai. BUTIR-BUTIR HARTANAH :- HAKMILIK : Hakmilik strata bagi hartanah ini belum dikeluarkan HAKMILIK STRATA / NO. LOT : HSM 995, GM 819, GM 280, GM 825, GM 826, GM 827, Lot 2708, GM 829, & EMR 4057, PT 887, Lot 2702, Lot 2704, Lot 2703, Lot 2707, Lot 2706, Lot 2705 & Lot 2708 MUKIM/DAERAH/NEGERI : Setapak / Kuala Lumpur / Federal Territory Kuala Lumpur PEGANGAN : Selama-lamunya KELUASAN LANTAI : 98.1 meter persegi (1,056 kaki persegi) PEMAJU/PENJUAL : Xxxx Xxxxx Sdn Bhd (82598-P) PEMBELI : Xxxxxx Xxxxx Xxxxxx & Xx Xxxxx Xxx Xxxxxx BEBANAN : Diserahhak kepada RHB Bank Berhad (6171-M) LOKASI XXX PERIHAL HARTANAH Hartanah tersebut terletak di Desa View Towers, Taman Melawati, Kuala Lumpur. Hartanah tersebut adalah sebuah unit apartment 4-xxxxx dikenali sebaga Xxxxx Pemaju No.01, Tingkat No.10, Bangunan No.D, Desa View Xxxxxx xxx mempunyai alamat surat-xxxxxxxx xx Xxxx Xx. 00-00-00, Xxxx Xxxx Xxxxxx, Xxxxx Xxxxxxxx, 00000 Xxxxx Xxxxxx. HARGA RIZAB : Harta ini dijual “keadaan seperti mana sediada” dengan harga rizab sebanyak RM 350,000.00 (RINGGIT MALAYSIA: TIGA RATUS XXX XXXX PULUH RIBU SAHAJA) xxx tertakluk kepada syarat-syarat Jualan xxx melalui penyerahan hakkan dari Pemegang Serahak, tertakluk kepada kelulusan di perolehi oleh pihak Pembeli daripada pihak berkuasa, jika ada, termasuk semua terma, syarat xxx perjanjian yang dikenakan xxx mungkin dikenakan oleh Pihak Berkuasa yang berkenaan. Pembeli bertanggungjawab sepenuhnya untuk memperolehi xxx mematuhi syarat-syarat berkenaan daripada Pihak Berkuasa yang berkenaan, jika ada xxx semua xxx xxx perbelanjaan ditanggung xxx dibayar oleh Pihak Pembeli.Pembeli atas talian (online) juga tertakluk kepada terma-terma xxx syarat-syarat terkandung dalam xxx.xxxxxxxxxxxxxxxx.xxx Pembeli yang berminat adalah dikehendaki mendeposit kepada Pelelong 10% daripada harga rizab dalam bentuk Bank Draf atau Cashier’s Order di atas nama RHB Bank Berhad sebelum lelongan awam xxx xxxx xxxx xxxxxx hendaklah dibayar dalam tempoh sembilan puluh
Client Money We are not authorised to handle client money; any payments received from you or which need to be refunded to you, will be held by Coversure Insurance Services Limited. Client money is money that is received and held on behalf of our clients during the course of our dealings such as premium payments, premium refunds and claim payments. This money will be held either as agent of the insurer or agent of the client, determined by the agreement in place with each insurer. Where money is held as agent of the insurer, this means that when your cleared premium funds are received, the premium is deemed to have been paid to the insurer. The FCA require that all client monies, including yours, are held in a trust account, the purpose of which is to protect you in the event of our financial failure since, in such circumstances, our general creditors would not be able to make claims on client money as it will not form part of our assets. Coversure Insurance Services Limited hold all client monies with one or more approved banks, as defined by the FCA, in a Non-Statutory Trust bank account in accordance with the FCA client money rules. Under these arrangements, Coversure Insurance Services Limited assume responsibility for such monies and are permitted to, and may: • Use such monies received on behalf of one customer to pay another customer’s premium, before the premium is received from that other customer. However, we are not entitled to pay ourselves commissions before we receive the relevant premium from the customer; • For the purpose of effecting a transaction on your behalf, pass your money to another intermediary, including those resident outside the UK who would therefore be subject to different legal and regulatory regimes. In the event of a failure of the intermediary, this money may be treated in a different manner from that which would apply if the money were held by an intermediary in the UK. Please inform us if you do not agree to this. • Retain for our own use, any interest earned on client money. Unless we receive your written instruction to the contrary, we shall treat receipt of payment from you and of any claim payment and/or refund of premium which falls due to you, as being with your informed consent to the payment of those moneys into our Non-Statutory Trust bank account.
Gross Receipts The entire amount of all receipts, determined on a cash basis, from (a) tenant rentals collected pursuant to tenant leases of apartment units, for each month during the term hereof; provided that there shall be excluded from tenant rentals any tenant security deposits (except as provided below); (b) cleaning, tenant security and damage deposits forfeited by tenants in such period; (c) laundry and vending machines income; (d) any and all other receipts from the operation of the Project received and relating to the period in question; (e) proceeds from rental interruption insurance, but not any other insurance proceeds or proceeds from third-party damage claims, and (f) any other sums and charges collected in connection with termination of the tenant leases. Gross Receipts also does not include the proceeds of (i) any sale, exchange, refinancing, condemnation, or other disposition of all or any part of the Project, (ii) any loans to Owner whether or not secured by all or any part of the Project, (iii) any capital expenditures or funds deposited to cover costs of operations made by Owner, and (iv) any insurance policy (other than rental interruption insurance or proceeds from third-party damage claims).
Operating Costs The Assuming Institution agrees, during its period of use of any Leased Data Management Equipment, to pay to the Receiver or to appropriate third parties at the direction of the Receiver all operating costs with respect thereto and to comply with all relevant terms of any existing Leased Data Management Equipment leases entered into by the Failed Bank, including without limitation the timely payment of all rent, taxes, fees, charges, maintenance, utilities, insurance and assessments.
