Common use of Fees, Charges, Duties and Taxes Clause in Contracts

Fees, Charges, Duties and Taxes. 2.5.1. It has been agreed between the Parties that processing fees, administrative fees, charges towards issuance of duplicate statements, cheque bouncing charges, late payment charges and all such other charges as are specified in the Schedule hereunder written shall be payable on the sanctioned Facility amount by the Borrower. Further, it has been agreed that all taxes and duties including service tax are to be borne by the Borrower. The Borrower shall also bear and pay all costs and expenses (including legal costs between legal counsel and Bank) on a full indemnity basis incurred and or to be incurred by the Bank for investigation of title to any Property offered as security and for the preparation, execution, preservation, performance, enforcement and realization of the Borrower’s Dues, Transaction Documents and other instruments creating and/or evidencing the creation of any Security for the Facility as also any other instruments required in connection with the Facility. 2.5.2. The Borrower shall bear and pay all such imposts, duties and taxes (including Interest, stamp duty and other taxes, if any) as may be levied from time to time by any Government or other authority with the sanction of law, pertaining to or in respect of the Facility amount. 2.5.3. The Borrower shall reimburse or pay to the Bank such amount as may have been paid or payable by the Bank to the Central or State Government on account of any tax levied on interest (and/or other charges) on the Facility by the Central or State Government. The Borrower shall make the reimbursement or payment as and when called upon to do so by the Bank. 2.5.4. The Borrower shall also bear all the tax, toll, duties, levies, cess or any other tax as may be imposed by the central government, state government, judicial, quasi judicial or any municipal authorities, which may be chargeable on the Property described in the Schedule hereunder written and if required shall also be liable to reimburse all such taxes, tolls, duties, levies, cess, etc. to the Bank. 2.5.5. All sums payable by the Borrower under this Agreement shall be paid free of any restriction or condition and free and clear of and without any counter-claim, set off, deduction or withholding, whether on account of tax deductions, charges, stamp duty, liability or impost or otherwise, if any, and the Borrower agrees as follows: (a) The Borrower shall make all payments to be made by it without any tax deduction, unless a tax deduction is required by law; (b) The Borrower shall promptly upon becoming aware that it must make a tax deduction (or that there is any change in the rate or the basis of a tax deduction) notify the Bank accordingly; (c) If a tax deduction is required by law to be made by the Borrower, the amount of the payment due from the Borrower shall be increased to an amount which (after making any tax deduction) leaves an amount equal to the payment which would have been due if no tax deduction had been required; (d) If the Borrower is required to make a tax deduction, the Borrower shall make that tax deduction and any payment required in connection with that tax deduction shall be made within the time allowed and in the minimum amount required by law; (e) Within 30 (thirty) days of making either a tax deduction or any payment required in connection with that tax deduction, the Borrower shall deliver to the Bank evidence reasonably satisfactory to the Bank that the tax deduction has been made or (as applicable) any appropriate payment paid to the relevant taxing authority. 2.5.6. The Borrower shall reimburse all sums paid and/or expenses incurred by the Bank in relation to the Facility within 30 (thirty) days as and when called upon to do so by the Bank or the Bank shall be entitled to include such amounts into the principal amount of the Facility and modify the EMIs and/or tenure of the Facility as may be decided by the Bank. All such sums shall carry Additional Interest from date of payment till such reimbursement at the rate specified in the Schedule. 2.5.7. All fees, charges and other monies payable/paid by the Borrower in relation to the loan application, Transaction Documents, all writings and other documents executed or entered into, by the Borrower, or, as the case may be, by any other person(s) in relation, or pertaining to the Facility are non refundable in nature. 2.5.8. The Borrower acknowledges that an upfront fee has been paid by the Borrower as an application fee or such fees as stipulated in the Schedule hereunder written. The Borrower agrees and acknowledges that the disbursement of the Facility shall be subject to the payment of the processing fee and other charges including but not limited to interest tax, stamp duty, costs and other charges, as mentioned in the Schedule, which the Borrower shall reimburse to the Bank in addition to the Facility and Interest accrued thereon. The Borrower further acknowledges that the processing fee is non- refundable even in case the Borrower does not avail the Facility.

Fees, Charges, Duties and Taxes. 2.5.1. 1.5.1 It has been agreed between the Parties that processing fees, administrative fees, commitment charges, charges towards issuance of duplicate statements, cheque bouncing charges, late payment charges and all such other charges as are specified in the Schedule hereunder written shall be payable on the sanctioned Facility Loan amount by the Borrower. Further, it has been agreed that all taxes and duties including service tax /GST are to be borne by the Borrower. The Borrower shall also bear and pay all costs and expenses (including legal costs between legal counsel and Bank) on a full indemnity basis incurred and or to be incurred by the Bank for investigation of title to any Property offered as security and for the preparation, execution, preservation, performance, enforcement and realization of the Borrower’s Dues, Transaction Documents and other instruments creating and/or evidencing the creation of any Security for the Facility as also any other instruments required in connection with the Facility. 2.5.2. 1.5.2 The Borrower shall bear and pay all such imposts, duties and taxes (including Interest, stamp duty and other taxes, if any) as may be levied from time to time by any Government or other authority with the sanction of law, pertaining to or in respect of the Facility Loan amount. 2.5.3. The Borrower shall reimburse or pay to the Bank such amount as may have been paid or payable by the Bank to the Central or State Government on account of any tax levied on interest (and/or other charges) on the Facility by the Central or State Government. The Borrower shall make the reimbursement or payment as and when called upon to do so by the Bank. 2.5.4. The Borrower shall also bear all the tax, toll, duties, levies, cess or any other tax as may be imposed by the central government, state government, judicial, quasi judicial or any municipal authorities, which may be chargeable on the Property described in the Schedule hereunder written and if required shall also be liable to reimburse all such taxes, tolls, duties, levies, cess, etc. to the Bank. 2.5.5. 1.5.3 All sums payable by the Borrower under this Agreement shall be paid free of any restriction or condition and free and clear of and without any counter-claim, set off, deduction or withholding, whether on account of tax deductions, charges, stamp duty, liability or impost or otherwise, if any, and the Borrower agrees as follows: (a) The Borrower shall make all payments to be made by it without any tax deduction, unless a tax deduction is required by law; (b) The Borrower shall promptly upon becoming aware that it must make a tax deduction (or that there is any change in the rate or the basis of a tax deduction) notify the Bank accordingly; (c) If a tax deduction is required by law Law to be made by the Borrower, the amount of the payment due from the Borrower shall be increased to an amount which (after making any tax deduction) leaves an amount equal to the payment which would have been due if no tax deduction had been required; (d) If the Borrower is required to make a tax deduction, the Borrower shall make that tax deduction and any payment required in connection with that tax deduction shall be made within the time allowed and in the minimum amount required by lawLaw; (e) Within 30 (thirtyThirty) days of making either a tax deduction or any payment required in connection with that tax deduction, the Borrower shall deliver to the Bank evidence reasonably satisfactory to the Bank that the tax deduction has been made or (as applicable) any appropriate payment paid to the relevant taxing authority. 2.5.6. 1.5.4 The Borrower shall reimburse all sums paid and/or expenses incurred by the Bank Lender in relation to the Facility Loan within 30 (thirty) days from the date of intimation by the Lender as and when called upon to do so by the Bank Lender or the Bank Lender shall be entitled to include such amounts into the principal amount of the Facility Loan and modify the EMIs and/or tenure of the Facility Loan as may be decided by the BankLender. All such sums shall carry Additional Interest additional interest from date of payment till such reimbursement at the rate specified in the Schedule. 2.5.7. All fees, charges and other monies payable/paid by the Borrower in relation to the loan application, Transaction Documents, all writings and other documents executed or entered into, by the Borrower, or, as the case may be, by any other person(s) in relation, or pertaining to the Facility are non refundable in nature. 2.5.8. The Borrower acknowledges that an upfront fee has been paid by the Borrower as an application fee or such fees as stipulated in the Schedule hereunder written. The Borrower agrees and acknowledges that the disbursement of the Facility shall be subject to the payment of the processing fee and other charges including but not limited to interest tax, stamp duty, costs and other charges, as mentioned in the Schedule, which the Borrower shall reimburse to the Bank in addition to the Facility and Interest accrued thereon. The Borrower further acknowledges that the processing fee is non- refundable even in case the Borrower does not avail the Facility.

Fees, Charges, Duties and Taxes. 2.5.1. 1.5.1 It has been agreed between the Parties that processing fees, administrative fees, commitment charges, charges towards issuance of duplicate statements, cheque bouncing charges, late payment charges and all such other charges as are specified in the Schedule hereunder written shall be payable on the sanctioned Facility Loan amount by the Borrower. Further, it has been agreed that all taxes and duties including service tax /GST are to be borne by the Borrower. The Borrower shall also bear and pay all costs and expenses (including legal costs between legal counsel and Bank) on a full indemnity basis incurred and or to be incurred by the Bank for investigation of title to any Property offered as security and for the preparation, execution, preservation, performance, enforcement and realization of the Borrower’s Dues, Transaction Documents and other instruments creating and/or evidencing the creation of any Security for the Facility as also any other instruments required in connection with the Facility. 2.5.2. 1.5.2 The Borrower shall bear and pay all such imposts, duties and taxes (including Interest, stamp duty and other taxes, if any) as may be levied from time to time by any Government or other authority with the sanction of law, pertaining to or in respect of the Facility Loan amount. 2.5.3. The Borrower shall reimburse or pay to the Bank such amount as may have been paid or payable by the Bank to the Central or State Government on account of any tax levied on interest (and/or other charges) on the Facility by the Central or State Government. The Borrower shall make the reimbursement or payment as and when called upon to do so by the Bank. 2.5.4. The Borrower shall also bear all the tax, toll, duties, levies, cess or any other tax as may be imposed by the central government, state government, judicial, quasi judicial or any municipal authorities, which may be chargeable on the Property described in the Schedule hereunder written and if required shall also be liable to reimburse all such taxes, tolls, duties, levies, cess, etc. to the Bank. 2.5.5. 1.5.3 All sums payable by the Borrower under this Agreement shall be paid free of any restriction or condition and free and clear of and without any counter-claim, set off, deduction or withholding, whether on account of tax deductions, charges, stamp duty, liability or impost or otherwise, if any, and the Borrower agrees as follows: (a) The Borrower shall make all payments to be made by it without any tax deduction, unless a tax deduction is required by law; (b) The Borrower shall promptly upon becoming aware that it must make a tax deduction (or that there is any change in the rate or the basis of a tax deduction) notify the Bank accordingly; (c) If a tax deduction is required by law Law to be made by the Borrower, the amount of the payment due from the Borrower shall be increased to an amount which (after making any tax deduction) leaves an amount equal to the payment which would have been due if no tax deduction had been required; (d) If the Borrower is required to make a tax deduction, the Borrower shall make that tax deduction and any payment required in connection with that tax deduction shall be made within the time allowed and in the minimum amount required by lawLaw; (e) Within 30 (thirtyThirty) days of making either a tax deduction or any payment required in connection with that tax deduction, the Borrower shall deliver to the Bank evidence reasonably satisfactory to the Bank that the tax deduction has been made or (as applicable) any appropriate payment paid to the relevant taxing authority. 2.5.6. 1.5.4 The Borrower shall reimburse all sums paid and/or expenses incurred by the Bank Lender in relation to the Facility Loan within 30 (thirty) days from the date of intimation by the Lender as and when called upon to do so by the Bank Lender or the Bank Lender shall be entitled to include such amounts into the principal amount of the Facility Loan and modify the EMIs and/or tenure of the Facility Loan as may be decided by the BankLender. All such sums shall carry Additional Interest additional interest from date of payment till such reimbursement at the rate specified in the Schedule. 2.5.7. 1.5.5 All fees, charges and other monies payable/paid by the Borrower in relation to the loan application, Transaction Documents, all writings and other documents executed or entered into, by the Borrower, or, or as the case may be, be by any other person(s) in relation, or pertaining to the Facility are non refundable in nature. 2.5.8. The Borrower acknowledges that an upfront fee has been paid by the Borrower as an application fee or such fees as stipulated in the Schedule hereunder written. The Borrower agrees and acknowledges that the disbursement of the Facility Loan shall be subject to the payment of the processing fee and other charges including but not limited to interest tax, stamp duty, costs and other charges, as mentioned in the Schedule, which the Borrower shall reimburse to the Bank in addition to the Facility and Interest accrued thereon. The Borrower further acknowledges that the processing fee is non- refundable even in case the Borrower does not avail the Facilitynon-refundable.

Fees, Charges, Duties and Taxes. 2.5.1. 1.4.1 It has been agreed between the Parties that processing fees, administrative fees, commitment charges, charges towards issuance of duplicate statements, cheque bouncing charges, late payment charges and all such other charges as are specified in the Schedule hereunder written shall be payable on the sanctioned Facility Loan amount by the Borrower. Further, it has been agreed that all taxes and duties including service tax are to be borne by the Borrower. The Borrower shall also bear and pay all costs and expenses (including legal costs between legal counsel and Bank) on a full indemnity basis incurred and or to be incurred by the Bank for investigation of title to any Property offered as security and for the preparation, execution, preservation, performance, enforcement and realization of the Borrower’s Dues, Transaction Documents and other instruments creating and/or evidencing the creation of any Security for the Facility as also any other instruments required in connection with the Facility. 2.5.2. 1.4.2 The Borrower shall bear and pay all such imposts, duties and taxes (including Interest, stamp duty and other taxes, if any) as may be levied from time to time by any Government or other authority with the sanction of law, pertaining to or in respect of the Facility Loan amount. It has been agreed that the Borrower alone shall bear and pay the stamp duty and registration charges, if any, on all the Transaction Documents including this Agreement. 2.5.3. The Borrower shall reimburse or pay to the Bank such amount as may have been paid or payable by the Bank to the Central or State Government on account of any tax levied on interest (and/or other charges) on the Facility by the Central or State Government. The Borrower shall make the reimbursement or payment as and when called upon to do so by the Bank. 2.5.4. The Borrower shall also bear all the tax, toll, duties, levies, cess or any other tax as may be imposed by the central government, state government, judicial, quasi judicial or any municipal authorities, which may be chargeable on the Property described in the Schedule hereunder written and if required shall also be liable to reimburse all such taxes, tolls, duties, levies, cess, etc. to the Bank. 2.5.5. 1.4.3 All sums payable by the Borrower under this Agreement shall be paid free of any restriction or condition and free and clear of and without any counter-claim, set off, deduction or withholding, whether on account of tax deductions, charges, stamp duty, liability or impost or otherwise, if any, and the Borrower agrees as follows: (a) The Borrower shall make all payments to be made by it without any tax deduction, unless a tax deduction is required by law; (b) The Borrower shall promptly upon becoming aware that it must make a tax deduction (or that there is any change in the rate or the basis of a tax deduction) notify the Bank accordingly;Bank (c) If a tax deduction is required by law Law to be made by the Borrower, the amount of the payment due from the Borrower shall be increased to an amount which (after making any tax deduction) leaves an amount equal to the payment which would have been due if no tax deduction had been required; (d) If the Borrower is required to make a tax deduction, the Borrower shall make that tax deduction and any payment required in connection with that tax deduction shall be made within the time allowed and in the minimum amount required by lawLaw; (e) Within 30 (thirtyThirty) days of making either a tax deduction or any payment required in connection with that tax deduction, the Borrower shall deliver to the Bank evidence reasonably satisfactory to the Bank that the tax deduction has been made or (as applicable) any appropriate payment paid to the relevant taxing authority. 2.5.6. 1.4.4 The Borrower shall reimburse all sums paid and/or and/ or expenses incurred by the Bank Lender in relation to the Facility Loan within 30 (thirty) days as and when called upon to do so by the Bank Lender or the Bank Lender shall be entitled to include such amounts into the principal amount of the Facility Loan and modify the EMIs and/or and/ or tenure of the Facility Loan as may be decided by the BankLender. All such sums shall carry Additional Interest additional interest from date of payment till such reimbursement at the rate specified in the Schedule. 2.5.7. All fees, charges and other monies payable/paid by the Borrower in relation to the loan application, Transaction Documents, all writings and other documents executed or entered into, by the Borrower, or, as the case may be, by any other person(s) in relation, or pertaining to the Facility are non refundable in nature. 2.5.8. The Borrower acknowledges that an upfront fee has been paid by the Borrower as an application fee or such fees as stipulated in the Schedule hereunder written. The Borrower agrees and acknowledges that the disbursement of the Facility shall be subject to the payment of the processing fee and other charges including but not limited to interest tax, stamp duty, costs and other charges, as mentioned in the Schedule, which the Borrower shall reimburse to the Bank in addition to the Facility and Interest accrued thereon. The Borrower further acknowledges that the processing fee is non- refundable even in case the Borrower does not avail the Facility.

Fees, Charges, Duties and Taxes. 2.5.1. 2.6.1 It has been agreed between the Parties that processing fees, administrative fees, charges towards issuance of duplicate statements, cheque bouncing charges, late payment charges and all such other charges as are specified in the Schedule hereunder written shall be payable on the sanctioned Facility amount by the Borrower. Further, it has been agreed that all taxes and duties including service tax are to be borne by the Borrower. The Borrower shall also bear and pay all costs and expenses (including legal costs between legal counsel and Bank) on a full indemnity basis incurred and or to be incurred by the Bank for investigation of title to any Property offered as security and for the preparation, execution, preservation, performance, enforcement and realization of the Borrower’s Dues, Transaction Documents and other instruments creating and/or evidencing the creation of any Security for the Facility as also any other instruments required in connection with the Facility. 2.5.2. 2.6.2 The Borrower shall bear and pay all such imposts, duties and taxes (including Interest, stamp duty and other taxes, if any) as may be levied from time to time by any Government or other authority with the sanction of law, pertaining to or in respect of the Facility amount. 2.5.3. 2.6.3 The Borrower shall reimburse or pay to the Bank Bank, such amount as may have been paid or payable by the Bank to the Central or State Government on account of any tax levied on interest (and/or other charges) on the Facility by the Central or State Government. The Borrower shall make the reimbursement or payment as and when called upon to do so by the Bank. 2.5.4. 2.6.4 The Borrower shall also bear all the tax, toll, duties, levies, cess or any other tax as may be imposed by the central government, state government, judicial, quasi judicial or any municipal authorities, which may be chargeable on the Property described in the Schedule hereunder written and if required shall also be liable to reimburse all such taxes, tolls, duties, levies, cess, etc. to the Bank. 2.5.5. 2.6.5 All sums payable by the Borrower under this Agreement shall be paid free of any restriction or condition and free and clear of and without any counter-claim, set off, deduction or withholding, whether on account of tax deductions, charges, stamp duty, liability or impost or otherwise, if any, and the Borrower agrees as follows: (a) The Borrower shall make all payments to be made by it without any tax deduction, unless a tax deduction is required by law; (b) The Borrower shall promptly upon becoming aware that it must make a tax deduction (or that there is any change in the rate or the basis of a tax deduction) notify the Bank accordingly; (c) If a tax deduction is required by law to be made by the Borrower, the amount of the payment due from the Borrower shall be increased to an amount which (after making any tax deduction) leaves an amount equal to the payment which would have been due if no tax deduction had been required; (d) If the Borrower is required to make a tax deduction, the Borrower shall make that tax deduction and any payment required in connection with that tax deduction shall be made within the time allowed and in the minimum amount required by law; (e) Within 30 (thirty) days of making either a tax deduction or any payment required in connection with that tax deduction, the Borrower shall deliver to the Bank evidence reasonably satisfactory to the Bank that the tax deduction has been made or (as applicable) any appropriate payment paid to the relevant taxing authority. 2.5.6. 2.6.6 The Borrower shall reimburse all sums paid and/or expenses incurred by the Bank in relation to the Facility within 30 (thirty) days as and when called upon to do so by the Bank or and the Bank shall be entitled to include debit such amounts into from the principal amount Account of the Facility and modify the EMIs and/or tenure of the Facility as may be decided by the BankBorrower. All such sums shall carry Additional Interest from date of payment till such reimbursement at the rate specified in the Schedule. 2.5.7. 2.6.7 All fees, charges and other monies payable/paid by the Borrower in relation to the loan application, Transaction Documents, all writings and other documents executed or entered into, by the Borrower, or, as the case may be, by any other person(s) in relation, or pertaining to the Facility are non reasonable and non-refundable in nature. 2.5.8. 2.6.8 The Borrower acknowledges that an upfront fee has been paid by the Borrower as an application fee or such fees as stipulated in the Schedule hereunder written. The Borrower agrees and acknowledges that the disbursement of the Facility shall be subject to the payment of the processing an upfront fee and other charges including but not limited to interest tax, stamp duty, costs and other charges, as mentioned in the Schedule, which the Borrower shall reimburse to the Bank in addition to the Facility and Interest interest accrued thereon. The Borrower further acknowledges that the processing fee an upfront is non- refundable even in case the Borrower does not avail the Facility. 2.6.9 The Borrower hereby agrees and acknowledges that the Schedule hereunder written is not exhaustive and the charges are the rates currently prevalent and can be changed and/or fresh/new charges can be added to, at any time and from time to time, at the sole and absolute discretion of the Bank by providing a written notification to the Borrower and such charges shall be binding on the Borrower.

Fees, Charges, Duties and Taxes. 2.5.1. It has been agreed between the Parties that processing fees, administrative fees, charges towards issuance of duplicate statements, cheque bouncing charges, late payment charges and all such other charges as are specified in the Schedule hereunder written shall be payable on the sanctioned Facility amount by the Borrower. Further, it has been agreed that all taxes and duties including service tax are to be borne by the Borrower. The Borrower shall also bear and pay all costs and expenses (including legal costs between legal counsel and Bank) on a full indemnity basis incurred and or to be incurred by the Bank for investigation of title to any Property offered as security and for the preparation, execution, preservation, performance, enforcement and realization of the Borrower’s Dues, Transaction Documents and other instruments creating and/or evidencing the creation of any Security for the Facility as also any other instruments required in connection with the Facility. 2.5.2. The Borrower shall bear and pay all such imposts, duties and taxes (including Interest, stamp duty and other taxes, if any) as may be levied from time to time by any Government or other authority with the sanction of law, pertaining to or in respect of the Facility amount. 2.5.3. The Borrower shall reimburse or pay to the Bank such amount as may have been paid or payable by the Bank to the Central or State Government on account of any tax levied on interest (and/or other charges) on the Facility by the Central or State Government. The Borrower shall make the reimbursement or payment as and when called upon to do so by the Bank. 2.5.4. The Borrower shall also bear all the tax, toll, duties, levies, cess or any other tax as may be imposed by the central government, state government, judicial, quasi judicial or any municipal authorities, which may be chargeable on the Property described in the Schedule hereunder written and if required shall also be liable to reimburse all such taxes, tolls, duties, levies, cess, etc. to the Bank. 2.5.5. All sums payable by the Borrower under this Agreement shall be paid free of any restriction or condition and free and clear of and without any counter-claim, set off, deduction or withholding, whether on account of tax deductions, charges, stamp duty, liability or impost or otherwise, if any, and the Borrower agrees as follows: (a) The Borrower shall make all payments to be made by it without any tax deduction, unless a tax deduction is required by law; (b) The Borrower shall promptly upon becoming aware that it must make a tax deduction (or that there is any change in the rate or the basis of a tax deduction) notify the Bank accordingly; (c) If a tax deduction is required by law to be made by the Borrower, the amount of the payment due from the Borrower shall be increased to an amount which (after making any tax deduction) leaves an amount equal to the payment which would have been due if no tax deduction had been required; (d) If the Borrower is required to make a tax deduction, the Borrower shall make that tax deduction and any payment required in connection with that tax deduction shall be made within the time allowed and in the minimum amount required by law; (e) Within 30 (thirty) days of making either a tax deduction or any payment required in connection with that tax deduction, the Borrower shall deliver to the Bank evidence reasonably satisfactory to the Bank that the tax deduction has been made or (as applicable) any appropriate payment paid to the relevant taxing authority. 2.5.6. The Borrower shall reimburse all sums paid and/or expenses incurred by the Bank in relation to the Facility within 30 (thirty) days as and when called upon to do so by the Bank or the Bank shall be entitled to include such amounts into the principal amount of the Facility and modify the EMIs and/or tenure of the Facility as may be decided by the Bank. All such sums shall carry Additional Interest from date of payment till such reimbursement at the rate specified in the Schedule. 2.5.7. All fees, charges and other monies payable/paid by the Borrower in relation to the loan application, Transaction Documents, all writings and other documents executed or entered into, by the Borrower, or, as the case may be, by any other person(s) in relation, or pertaining to the Facility are non refundable in nature. 2.5.8. The Borrower acknowledges that an upfront fee has been paid by the Borrower as an application fee or such fees as stipulated in the Schedule hereunder written. The Borrower agrees and acknowledges that the disbursement of the Facility shall be subject to the payment of the processing fee and other charges including but not limited to interest tax, stamp duty, costs and other charges, as mentioned in the Schedule, which the Borrower shall reimburse to the Bank in addition to the Facility and Interest accrued thereon. The Borrower further acknowledges that the processing fee is non- non-refundable even in case the Borrower does not avail the Facility.

Fees, Charges, Duties and Taxes. 2.5.1. 1.5.1 It has been agreed between the Parties that processing fees, administrative fees, commitment charges, charges towards issuance of duplicate statements, cheque bouncing charges, late payment charges and all such other charges as are specified in the Schedule hereunder written shall be payable on the sanctioned Facility Loan amount by the Borrower. Further, it has been agreed that all taxes and duties including service tax /GST are to be borne by the Borrower. The Borrower shall also bear and pay all costs and expenses (including legal costs between legal counsel and Bank) on a full indemnity basis incurred and or to be incurred by the Bank for investigation of title to any Property offered as security and for the preparation, execution, preservation, performance, enforcement and realization of the Borrower’s Dues, Transaction Documents and other instruments creating and/or evidencing the creation of any Security for the Facility as also any other instruments required in connection with the Facility. 2.5.2. 1.5.2 The Borrower shall bear and pay all such imposts, duties and taxes (including Interest, stamp duty and other taxes, if any) as may be levied from time to time by any Government or other authority with the sanction of law, pertaining to or in respect of the Facility Loan amount. 2.5.3. The Borrower shall reimburse or pay to the Bank such amount as may have been paid or payable by the Bank to the Central or State Government on account of any tax levied on interest (and/or other charges) on the Facility by the Central or State Government. The Borrower shall make the reimbursement or payment as and when called upon to do so by the Bank. 2.5.4. The Borrower shall also bear all the tax, toll, duties, levies, cess or any other tax as may be imposed by the central government, state government, judicial, quasi judicial or any municipal authorities, which may be chargeable on the Property described in the Schedule hereunder written and if required shall also be liable to reimburse all such taxes, tolls, duties, levies, cess, etc. to the Bank. 2.5.5. 1.5.3 All sums payable by the Borrower under this Agreement shall be paid free of any restriction or condition and free and clear of and without any counter-claim, set off, deduction or withholding, whether on account of tax deductions, charges, stamp duty, liability or impost or otherwise, if any, and the Borrower agrees as follows: (a) The Borrower shall make all payments to be made by it without any tax deduction, unless a tax deduction is required by law; (b) The Borrower shall promptly upon becoming aware that it must make a tax deduction (or that there is any change in the rate or the basis of a tax deduction) notify the Bank accordingly; (c) If a tax deduction is required by law Law to be made by the Borrower, the amount of the payment due from the Borrower shall be increased to an amount which (after making any tax deduction) leaves an amount equal to the payment which would have been due if no tax deduction had been required; (d) If the Borrower is required to make a tax deduction, the Borrower shall make that tax deduction and any payment required in connection with that tax deduction shall be made within the time allowed and in the minimum amount required by lawLaw; (e) Within 30 (thirtyThirty) days of making either a tax deduction or any payment required in connection with that tax deduction, the Borrower shall deliver to the Bank evidence reasonably satisfactory to the Bank that the tax deduction has been made or (as applicable) any appropriate payment paid to the relevant taxing authority. 2.5.6. 1.5.4 The Borrower shall reimburse all sums paid and/or expenses incurred by the Bank Lender in relation to the Facility Loan within 30 (thirty) days from the date of intimation by the Lender as and when called upon to do so by the Bank Lender or the Bank Lender shall be entitled to include such amounts into the principal amount of the Facility Loan and modify the EMIs and/or tenure of the Facility Loan as may be decided by the BankLender. All such sums shall carry Additional Interest additional interest from date of payment till such reimbursement at the rate specified in the Schedule. 2.5.7. 1.5.5 All fees, charges and other monies payable/paid by the Borrower in relation to the loan application, Transaction Documents, all writings and other documents executed or entered into, by the Borrower, or, or as the case may be, be by any other person(s) in relation, or pertaining to the Facility are non refundable in nature. 2.5.8. The Borrower acknowledges that an upfront fee has been paid by the Borrower as an application fee or such fees as stipulated in the Schedule hereunder written. The Borrower agrees and acknowledges that the disbursement of the Facility Loan shall be subject to the payment of the processing fee and other charges including but not limited to interest tax, stamp duty, costs and other charges, as mentioned in the Schedule, which the Borrower shall reimburse to the Bank in addition to the Facility and Interest accrued thereon. The Borrower further acknowledges that the processing fee is non- refundable even in case the Borrower does not avail the Facilitynonrefundable.

Fees, Charges, Duties and Taxes. 2.5.1. 1.4.1 It has been agreed between the Parties that processing fees, administrative fees, commitment charges, charges towards issuance of duplicate statements, cheque bouncing charges, late payment charges and all such other charges as are specified in the Schedule hereunder written shall be payable on the sanctioned Facility Loan amount by the Borrower. Further, it has been agreed that all taxes and duties including service tax /GST are to be borne by the Borrower. The Borrower shall also bear and pay all costs and expenses (including legal costs between legal counsel and Bank) on a full indemnity basis incurred and or to be incurred by the Bank for investigation of title to any Property offered as security and for the preparation, execution, preservation, performance, enforcement and realization of the Borrower’s Dues, Transaction Documents and other instruments creating and/or evidencing the creation of any Security for the Facility as also any other instruments required in connection with the Facility. 2.5.2. 1.4.2 The Borrower shall bear and pay all such imposts, duties and taxes (including Interest, stamp duty and other taxes, if any) as may be levied from time to time by any Government or other authority with the sanction of law, pertaining to or in respect of the Facility Loan amount. 2.5.3. The Borrower shall reimburse or pay to the Bank such amount as may have been paid or payable by the Bank to the Central or State Government on account of any tax levied on interest (and/or other charges) on the Facility by the Central or State Government. The Borrower shall make the reimbursement or payment as and when called upon to do so by the Bank. 2.5.4. The Borrower shall also bear all the tax, toll, duties, levies, cess or any other tax as may be imposed by the central government, state government, judicial, quasi judicial or any municipal authorities, which may be chargeable on the Property described in the Schedule hereunder written and if required shall also be liable to reimburse all such taxes, tolls, duties, levies, cess, etc. to the Bank. 2.5.5. 1.4.3 All sums payable by the Borrower under this Agreement shall be paid free of any restriction or condition and free and clear of and without any counter-claim, set off, deduction or withholding, whether on account of tax deductions, charges, stamp duty, liability or impost or otherwise, if any, and the Borrower agrees as follows: (a) The Borrower shall make all payments to be made by it without any tax deduction, unless a tax deduction is required by law; (b) The Borrower shall promptly upon becoming aware that it must make a tax deduction (or that there is any change in the rate or the basis of a tax deduction) notify the Bank accordingly; (c) If a tax deduction is required by law Law to be made by the Borrower, the amount of the payment due from the Borrower shall be increased to an amount which (after making any tax deduction) leaves an amount equal to the payment which would have been due if no tax deduction had been required; (d) If the Borrower is required to make a tax deduction, the Borrower shall make that tax deduction and any payment required in connection with that tax deduction shall be made within the time allowed and in the minimum amount required by lawLaw; (e) Within 30 (thirtyThirty) days of making either a tax deduction or any payment required in connection with that tax deduction, the Borrower shall deliver to the Bank evidence reasonably satisfactory to the Bank that the tax deduction has been made or (as applicable) any appropriate payment paid to the relevant taxing authority. 2.5.6. 1.4.4 The Borrower shall reimburse all sums paid and/or expenses incurred by the Bank Lender in relation to the Facility Loan within 30 (thirty) days from the date of intimation by the Lender as and when called upon to do so by the Bank Lender or the Bank Lender shall be entitled to include such amounts into the principal amount of the Facility Loan and modify the EMIs and/or tenure of the Facility Loan as may be decided by the BankLender. All such sums shall carry Additional Interest additional interest from date of payment till such reimbursement at the rate specified in the Schedule. 2.5.7. 1.4.5 All fees, charges and other monies payable/paid by the Borrower in relation to the loan application, Transaction Documents, all writings and other documents executed or entered into, by the Borrower, or, or as the case may be, be by any other person(s) in relation, or pertaining to the Facility are non refundable in nature. 2.5.8. The Borrower acknowledges that an upfront fee has been paid by the Borrower as an application fee or such fees as stipulated in the Schedule hereunder written. The Borrower agrees and acknowledges that the disbursement of the Facility Loan shall be subject to the payment of the processing fee and other charges including but not limited to interest tax, stamp duty, costs and other charges, as mentioned in the Schedule, which the Borrower shall reimburse to the Bank in addition to the Facility and Interest accrued thereon. The Borrower further acknowledges that the processing fee is non- refundable even in case the Borrower does not avail the Facilitynon-refundable.