Common use of DOCUMENTATION AND PROFESSIONAL CHARGES Clause in Contracts

DOCUMENTATION AND PROFESSIONAL CHARGES. 14.1 M/s. X. X. Xxxxx & Company, Solicitors and Advocates of Xx. 00, Xxx Xxxx Xxxxxx Xxxxxx, Xxxxxxx – 700 001 has prepared this agreement and shall draw all papers documents and drafts required for and/or in connection with the various common purposes relating to the said building as envisaged herein and such documents containing the covenants to be observed on the part of the parties hereto shall be at the sole discretion of the said Advocates and may be determined by them to be reasonable and the costs and expenses of the same shall be borne and paid by the Purchaser. The Purchaser despite their obligations to pay the remuneration and fees to the said Advocates, shall be at liberty to consult any other lawyer/advocate of any independent advice PROVIDED HOWEVER such consultation for independent advice will not absolve the Purchaser of their responsibility to pay the remuneration as herein provided. 14.2 All stamp duty, registration charges and other incidental expenses and/or in relation to conveyance of the said Unit and for obtaining approval and consent necessary for such transfer and also any other assurances deeds required to be made for or in relation shall be borne and paid by the Purchaser. 14.3 If the Purchaser fail and/or neglect to pay the aforesaid charges and expenses or part thereof within fifteen days from receipt of notice of demand for such payment or in other words in case the Purchaser commits default in fulfilling and observing his obligations contained herein, then and in such event this Agreement shall stand terminated and the amount paid hereunder will be forfeited and the Purchasers’ right to receive the conveyance shall stand extinguished and/or terminated in respect of the said share in the portion of land lying beneath the building and the Purchaser shall stand divested of all rights and interest if constructed to be vested in the Purchaser in all constructions, installations and fixture in the said Premises and/or the said building and/or the said Unit and the said Unit shall stand vested in the said Vendor/Developer without any right of the Purchaser to receive any refund of any amount whatsoever paid herein excepting the refund of an amount as mentioned in Clause 7.1 hereinbefore and the Vendor/Developer shall be entitled to have the Purchasers’ right and interest forfeited as aforesaid and transferred in their own favour and/or in favour of their nominee or nominees or deal with or dispose off the same in their absolute discretion without in any way becoming liable to pay any amount or amounts for the same.

Appears in 1 contract

Samples: Sale Agreement

AutoNDA by SimpleDocs

DOCUMENTATION AND PROFESSIONAL CHARGES. 14.1 M/s. X. X. Xxxxx & Company32.1 [●], Solicitors and Advocates the Advocate of Xx. 00, Xxx Xxxx Xxxxxx Xxxxxx, Xxxxxxx – 700 001 the Owners has prepared this agreement Agreement and shall draw all papers documents and drafts required for also draft the Deed of conveyance and/or transfer in connection with the various common purposes relating to the said building as envisaged herein and such documents containing the covenants to be observed on the part of the parties hereto shall be at the sole discretion respect of the said Advocates Unit including all other deeds documents and instruments as may be determined by them to be reasonable necessary and/or required and the costs Purchaser commits himself/herself/itself to accept such drafts and/or deeds documents and expenses of the same instruments as shall be borne and paid prepared by [●] excepting that the Purchaser. The Purchaser despite their obligations to pay the remuneration and fees to the said Advocates, Purchase shall be at liberty entitled to consult any other lawyer/advocate of any obtain an independent advice PROVIDED HOWEVER such consultation for independent advice this will not absolve the Purchaser to make payment of their responsibility to pay the remuneration fees of [●] as herein providedhereinafter appearing: i) a sum of Rs. [●] at the time of signing of this agreement being the fees of [●], Advocate towards his fee for the preparation of this Agreement ii) a further sum of Rs. [●] being the fees of [●] for drafting of the Deed of Conveyance in favour of the Purchaser and the said sum shall be paid at or before taking over possession of the said Unit. 14.2 All stamp 32.2 Stamp duty, registration charges and other incidental expenses and/or in relation to conveyance of the said Unit and for obtaining approval and consent necessary for such transfer and also any other assurances assurances, deeds required to be made for or in relation thereto shall be borne and paid by the Purchaser. 14.3 If . ALL THAT brick built messuages tenements hereditaments buildings outhouses structures and premises having a built up area of 2880 square feet together with the Purchaser fail and/or neglect to pay piece and parcel of land or ground thereunto belonging whereon or on parts whereof the aforesaid charges same are erected and expenses built containing by estimation an area of 02 bighas 05 cottahs 07 chittacks and 34 square feet more or part thereof within fifteen days from receipt of notice of demand for such payment or in other words in case the Purchaser commits default in fulfilling less situate lying at and observing his obligations contained herein, then and in such event this Agreement shall stand terminated and the amount paid hereunder will be forfeited and the Purchasers’ right to receive the conveyance shall stand extinguished and/or terminated in respect being a portion of the said share western part of Premises No. 14A, Xx. Xxxx Xxxxxxx Ghosh Sarani formerly known as Xxxxxxxx Xxx Khan Road abutting Goaltuli Road now Turf Road (formerly premises No. 14A, Xxxxxxxx Xxx Khan Road) Police Station Bhowanipore within Xxxx No. 71 of Kolkata Municipal Corporation, Sub Registration Office Alipore in the District of South 24 Parganas (formerly 24 Parganas) and butted and bounded as follows: ON THE NORTH : By premises Xx. 00 X.X. Xxxx Road ON THE SOUTH : By premises Xx. 00 X.X. Xxxx Road ON THE EAST : By Turf Road (formerly Goaltuli Road) ON THE WEST : By the remaining portion of land lying beneath 14A X.X. Xxxx Road (being the building and the Purchaser shall stand divested of all rights and interest if constructed to be vested in the Purchaser in all constructions, installations and fixture in the said Premises and/or the said building and/or the said Unit and the said Unit shall stand vested in the said Vendor/Developer without any right of the Purchaser to receive any refund of any amount whatsoever paid herein excepting the refund of an amount leasehold property as mentioned in Clause 7.1 hereinbefore and the Vendor/Developer shall be entitled to have the Purchasers’ right and interest forfeited as aforesaid and transferred in their own favour and/or in favour of their nominee or nominees or deal with or dispose off the same in their absolute discretion without in any way becoming liable to pay any amount or amounts for the same.hereinafter appearing)

Appears in 1 contract

Samples: Development Agreement

DOCUMENTATION AND PROFESSIONAL CHARGES. 14.1 M/s. X. X. Xxxxx 17.1 Xxxxxxx Xxxx & CompanyAssociates, Solicitors Solicitor and Advocates Advocate of Xx. 000, Xxx Xxxx Xxxxxx Xxxxxx, Xxxxxx Xxxxx, Xxxxxxx – 700 001 000000, the Advocate of the Owners and Developer has prepared this agreement and shall draw all papers documents and drafts required for and/or in connection with the various common purposes relating execution registration of the papers, documents in relation to the transfer of the aforesaid Unit and undivided proportionate share in the land attributable to the said building Unit in favour of the Purchasers and formation of the Association as envisaged herein and such documents containing the covenants to be observed on the part of the parties hereto shall be at as in the sole discretion of the said Advocates and may be determined by them to be reasonable and the costs and expenses of the same shall be borne and paid by the Purchaser. reasonable. 17.2 The Purchaser Purchasers despite their obligations to pay the remuneration and documentation charges inclusive of fees to the said Advocates, Advocates shall be at liberty to consult any other lawyerLawyer/advocate of Advocate for any independent advice PROVIDED HOWEVER such consultation for independent advice will not absolve the Purchaser Purchasers of their its responsibility to pay the remuneration as herein provideddocumentation charges. 14.2 17.3 All stamp dutyStamp Duty, registration Registration Charges, legal charges and and/or other incidental expenses and/or in relation to conveyance of the said Unit and for obtaining approval and consent necessary for such transfer and also any other assurances deeds required to be made for or in relation thereto shall be borne and paid by the PurchaserPurchasers. 14.3 If the 17.4 The Purchaser fail and/or neglect shall be also required to pay the aforesaid legal charges of the Lawyers for the preparation of documents and expenses or part registration thereof within fifteen days from receipt at the rate of notice of demand for such payment or Rs. 50.00 per square feet to be calculated on the built up area and proportionate share in other words in case the Purchaser commits default in fulfilling and observing his obligations contained herein, then and in such event this Agreement shall stand terminated and the amount paid hereunder will be forfeited and the Purchasers’ right to receive the conveyance shall stand extinguished and/or terminated in respect common area of the said share in the portion of land lying beneath the building and the Unit. The Purchaser shall stand divested pay 50% of such charges at the time of signing of the Agreement for Sale and balance at the time of registration of deed of conveyance. 17.5 The Owners and Developer shall execute and register appropriate deed of Conveyance and all rights and interest if constructed to be vested in other relevant documents at the Purchaser in all constructions, installations and fixture in time of handing over possession of the said Premises and/or the said building and/or the said Unit and the said Unit shall stand vested in cost of such documentation, registration to be borne by the said Vendor/Developer without any right of the Purchaser to receive any refund of any amount whatsoever paid herein excepting the refund of an amount as mentioned in Clause 7.1 hereinbefore Purchasers and the Vendor/Developer registration formalities should be completed within a period 6 (six) months from the date of handing over of Possession and in any event if the Purchasers do not get the Unit registered in their name within a period of six months from the date of handing over of Possession then the Vendors shall be entitled to have charge Rs. 50.00 per square feet to be calculated on the Purchasers’ right built up area and interest forfeited as aforesaid proportionate share in common area of the said Unit together with GST thereon at applicable rates for registering the said Unit thereafter. The said charge is not related to the nomination charge which is separate and transferred in their own favour and/or in favour of their nominee or nominees or deal with or dispose off distinct from the same in their absolute discretion without in any way becoming liable to pay any amount or amounts charges levied for the samedelayed registration.

Appears in 1 contract

Samples: Agreement for Sale

DOCUMENTATION AND PROFESSIONAL CHARGES. 14.1 M/s. X. X. Xxxxx & Company, Solicitors and Advocates of Xx. 00, Xxx Xxxx Xxxxxx Xxxxxx, Xxxxxxx – 700 001 has prepared this agreement and shall draw all papers documents and drafts required for and/or in connection with the various common purposes relating to the said building as envisaged herein and such documents containing the covenants to be observed on the part of the parties hereto shall be at the sole discretion of the said Advocates and may be determined by them to be reasonable and the costs and expenses of the same shall be borne and paid by the Purchaser. The Purchaser despite their obligations to pay the remuneration and fees to the said Advocates, shall be at liberty to consult any other lawyer/advocate of any independent advice PROVIDED HOWEVER such consultation for independent advice will not absolve the Purchaser of their responsibility to pay the remuneration as herein provided. 14.2 All stamp duty, registration charges and other incidental expenses and/or in relation to conveyance of the said Unit and for obtaining approval and consent necessary for such transfer and also any other assurances deeds required to be made for or in relation shall be borne and paid by the Purchaser. 14.3 If the Purchaser fail and/or neglect to pay the aforesaid charges and expenses or part thereof within fifteen days from receipt of notice of demand for such payment or in other words in case the Purchaser commits default in fulfilling and observing his obligations contained herein, then and in such event this Agreement shall stand terminated and the amount paid hereunder will be forfeited and the Purchasers’ right to receive the conveyance shall stand extinguished and/or terminated in respect of the said share in the portion of land lying beneath the building and the Purchaser shall stand divested of all rights and interest if constructed to be vested in the Purchaser in all constructions, installations and fixture in the said Premises and/or the said building and/or the said Unit and the said Unit shall stand vested in the said VendorOwners/Developer Developers without any right of the Purchaser to receive any refund of any amount whatsoever paid herein excepting the refund of an amount as mentioned in Clause 7.1 hereinbefore and the VendorOwners/Developer Developers shall be entitled to have the Purchasers’ right and interest forfeited as aforesaid and transferred in their own favour and/or in favour of their nominee or nominees or deal with or dispose off the same in their absolute discretion without in any way becoming liable to pay any amount or amounts for the same.

Appears in 1 contract

Samples: Sale Agreement

AutoNDA by SimpleDocs

DOCUMENTATION AND PROFESSIONAL CHARGES. 14.1 M/s. X. X. Xxxxx 12.1 Xx. X.X. Xxxxxx, Solicitor & Company, Solicitors and Advocates Advocate of Xx. 00, 0 Xxx Xxxx Xxxxxx Xxxxxx, 0xx xxxxx, Xxxxxxx – 700 000 001 has prepared this agreement Agreement and shall draw all papers documents and drafts required for and/or in connection with the various common purposes relating to the said building and formation of the Holding Organization as envisaged herein and such documents containing the covenants to be observed on the part of the parties hereto shall be at as in the sole discretion of the said Advocates and may Advocate be determined by them to be reasonable and the costs and expenses of the same shall be borne and paid by the PurchaserPurchaser proportionately with the other Unit owners and such costs and expenses shall be paid by the Purchaser before taking physical possession of the Said Unit . The Purchaser despite their his obligations to pay the remuneration and fees to the said Advocates, Advocate shall be at liberty to consult any other lawyer/lawyer/ advocate of for any independent advice PROVIDED HOWEVER such consultation for independent advice will not absolve the Purchaser of their responsibility his liability to pay the remuneration as herein providedprovided to Xx. Xxxxxx. The fees of Xx.Xxxxxx shall be i) Rs. 10,000/- for preparation of this Agreement, ii) Rs 10,000/- for preparation of the Deed of Conveyance and for registration thereof. 14.2 All stamp duty12.2 The above fees will be paid directly by the Purchaser to Xx. Xxxxxx. 12.3 The Stamp Duty, registration charges and other incidental expenses for and/or in relation to conveyance execution and registration of this Agreement and/or the Deed of Conveyance in respect of the said Said Unit and for obtaining approval and consent consents necessary for such transfer and also any other assurances deeds required to be made for or in relation thereto shall be borne and paid by the Purchaser. 14.3 If 12.4 In case the Purchaser fail Developer/Seller fails and/or neglect to pay the aforesaid charges execute and expenses or part thereof within fifteen days from receipt register necessary Deed of notice of demand for such payment or Conveyance in other words in case the Purchaser commits default in fulfilling and observing his obligations contained herein, then and in such event this Agreement shall stand terminated and the amount paid hereunder will be forfeited and the Purchasers’ right to receive the conveyance shall stand extinguished and/or terminated in respect of the said share in the portion of land lying beneath the building and the Purchaser shall stand divested of all rights and interest if constructed to be vested in the Purchaser in all constructions, installations and fixture in the said Premises and/or the said building and/or the said Unit and the said Unit shall stand vested in the said Vendor/Developer without any right favor of the Purchaser to receive any refund of any amount whatsoever paid herein excepting or the refund of an amount as mentioned in Clause 7.1 hereinbefore and Purchaser’s nominee/s then the Vendor/Developer shall Purchaser will be entitled to have specific performance and other reliefs subject to payment of entire consideration money. 12.5 The Developer/Seller and the Purchasers’ right and interest forfeited as aforesaid and transferred in their own favour and/or in favour of their nominee or nominees or deal with or dispose off the same in their absolute discretion without in any way becoming Owners are liable to pay any amount or amounts for execute the sameDeed of Conveyance in favor of the respective Unit owners within 90 (ninety) days from the date of handing over possession of the Said Unit /Unit s as per Section 11 of the West Bengal Building (Regulation of Promotion of Construction and Transfer by Xxxxxxxxx) Xxx, 0000.

Appears in 1 contract

Samples: Sale Agreement

DOCUMENTATION AND PROFESSIONAL CHARGES. 14.1 10.1 M/s. X. X. Xxxxx & Companyx. Xxxxxx and Xxxxxxxxx, Solicitors and Advocates of Xx. 00‘Temple Xxxxxxxx’, Room No.66, 1st Floor, 0, Xxx Xxxx Xxxxxx Xxxxxx, Xxxxxxx – 700 001 001, has prepared this agreement Agreement and shall draw all papers documents and drafts required for and/or in connection with the various common purposes relating to the said building and formation of the Holding Organization as envisaged herein and such documents containing the covenants to be observed on the part of the parties hereto shall be at as in the sole discretion of the said Advocates and may Advocate be determined by them to be reasonable and the costs and expenses of the same shall be borne and paid by the Purchaser. The Purchaser proportionately with the other flat owners and such costs and expenses shall be paid by the Purchaser before taking physical possession of the said Flat alongwith Car parking space the Purchaser despite their his/her/its obligations to pay the remuneration and fees to the said Advocates, Advocate shall be at liberty to consult any other lawyer/advocate of for any independent advice PROVIDED HOWEVER such consultation for independent advice will not absolve the Purchaser of their responsibility his/her/its liability to pay the remuneration as herein provided. 14.2 All stamp dutyprovided to Xxxxxx and Xxxxxxxxx, Advocates. The fees of Advocate shall be i) Rs.20,000/- / Rs.40,000/- per flat all inclusive of preparation of this Agreement and preparation of the Deed of Conveyance and for registration thereof including all outpocket expenses. The above fees will be paid directly by the Purchaser to M/x. Xxxxxx and Xxxxxxxxx, Advocates. The Stamp Duty, registration charges and other incidental expenses for and/or in relation to conveyance execution and registration of the Deed of Conveyance in respect of the said Unit Flat alongwith Car parking space and for obtaining approval and consent consents necessary for such transfer and also any other assurances deeds required to be made for or in relation thereto shall be borne and paid by the Purchaser. 14.3 If the Purchaser fail . In case Vendor fails and/or neglect to pay the aforesaid charges execute and expenses or part thereof within fifteen days from receipt register necessary Deed of notice of demand for such payment or Conveyance in other words in case the Purchaser commits default in fulfilling and observing his obligations contained herein, then and in such event this Agreement shall stand terminated and the amount paid hereunder will be forfeited and the Purchasers’ right to receive the conveyance shall stand extinguished and/or terminated in respect of the said share in the portion of land lying beneath the building and the Purchaser shall stand divested of all rights and interest if constructed to be vested in the Purchaser in all constructions, installations and fixture in the said Premises and/or the said building and/or the said Unit and the said Unit shall stand vested in the said Vendor/Developer without any right favour of the Purchaser to receive any refund of any amount whatsoever paid herein excepting or its nominee/s then the refund of an amount as mentioned in Clause 7.1 hereinbefore and the Vendor/Developer shall Purchaser will be entitled to have the Purchasers’ right specific performance and interest forfeited as aforesaid other reliefs subject to payment of entire consideration money and transferred in their own favour and/or in favour of their nominee or nominees or deal with or dispose off the same in their absolute discretion without in any way becoming liable to pay any amount or amounts for the sameother charges.

Appears in 1 contract

Samples: Sale Agreement

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