Common use of FUND REQUIREMENTS & EARNINGS BY THE APPLICANT Clause in Contracts

FUND REQUIREMENTS & EARNINGS BY THE APPLICANT. i. Applicant will arrange sufficient funds for smooth running of PMBJK at all times. ii. Operating agency will be provided 20% margin on MRP (Excluding taxes) of each product. iii. Retail margins will be the earning of Applicants. The retail margins as applicable as per Government notifications will be included in the MRP (Maximum Retail Price) on each product and the applicant shall sell all products at printed MRP only. The currently applicable rate of Margins is 20%. iv. In addition to the investment required for setting up the necessary infrastructure for opening of Pradhan Mantri Bhartiya Xxxxxxxxxxx Xxxxxx’s per the requirement of this agreement, applicant will always invest enough money to run the store smoothly by making all products available. v. The Applicant also acknowledges and agrees that this Agreement confers no right to continuation, renewal for a subsequent term on or after the date of expiration.

FUND REQUIREMENTS & EARNINGS BY THE APPLICANT. i. Applicant will arrange sufficient funds for smooth running of PMBJK at all times. ii. Operating agency will be provided 20% margin on MRP (Excluding taxes) of each product. iii. Retail margins will be the earning of Applicants. The retail margins as applicable as per Government notifications will be included in the MRP (Maximum Retail Price) on each product and the applicant shall sell all products at printed MRP only. The currently applicable rate of Margins is 20%. iv. In addition to the investment required for setting up the necessary infrastructure for opening of Pradhan Mantri Bhartiya Xxxxxxxxxxx Xxxxxx’s per the requirement of this agreement, applicant will always invest enough money to run the store smoothly by making all products available. v. The Applicant THE APPLICANT also acknowledges and agrees that this Agreement AGREEMENT confers no right to continuation, renewal for a subsequent term on or after the date of expiration.

FUND REQUIREMENTS & EARNINGS BY THE APPLICANT. i. Applicant will arrange sufficient funds for smooth running of PMBJK at all times. ii. Operating agency will be provided 20% margin on MRP (Excluding taxes) of each product. iii. Retail margins will be the earning of Applicants. The retail margins as applicable as per Government notifications will be included in the MRP (Maximum Retail Price) on each product and the applicant shall sell all products at printed MRP only. The currently applicable rate of Margins is 20%. iv. In addition to the investment required for setting up the necessary infrastructure for opening of Pradhan Mantri Bhartiya Xxxxxxxxxxx Xxxxxx’s per the requirement of this agreement, applicant will always invest enough money to run the runthe store smoothly by making all products available. v. The Applicant THE APPLICANT also acknowledges and agrees that this Agreement AGREEMENT confers no right to continuation, renewal for a subsequent term on or after the date of expiration.