Common use of ELECTRICITY SUPPLY Clause in Contracts

ELECTRICITY SUPPLY. The PROMOTER/ DEVELOPER shall provide sub-meters to the Allottees upon payment by them of the proportionate Security Deposit payable to electricity supply agency for such connection. The exact amount payable will be intimated to the Allottees at appropriate time before possession. This Security Deposit would be subject to revision and replenishment as may be so decided by Electricity supply agency from time to time and the Allottees shall, at all times, be liable to proportionately pay such revision/replenishment to electricity supply agency, as per the norms of electricity supply agency. In such a case the Allottees may be required to enter into a separate agreement with the PROMOTER/ DEVELOPER for supply of electricity through sub meters.