Common use of GUARDING CHARGES Clause in Contracts

GUARDING CHARGES. A. In case the Allottee(s) fails or neglects to take possession of his/her/its Flat as and when called upon by the Promoter or where physical delivery has been withheld by the Promoter on grounds that the Allottee(s) fails to pay the entire payment as per the Payment Plan stated in Schedule C of this Agreement, the Allottee(s) shall be liable to pay Guarding Charges @ ₹2,000/- per month per Flat, irrelevant of the size of Flat, from the Deemed Date of Possession till the date when the physical possession is taken by the Allottee(s). B. Each of the Allottee(s) shall also be required to pay the charges for maintenance and management of common-areas and facilities and applicable municipal rates & Taxes commencing from the Deemed Date of Possession in addition to the Guarding Charges, If any.

GUARDING CHARGES. A. In case the Allottee(s) fails or neglects to take possession of his/her/its Flat Unit as and when called upon by the Promoter or where physical delivery has been withheld by the Promoter on grounds that the Allottee(s) fails to pay the entire payment as per the Payment Plan stated in Schedule C of this Agreement, the Allottee(s) shall be liable to pay Guarding Charges @ ₹2,000/- ₹ /- per month per FlatUnit, irrelevant of the size of FlatUnit, from the Deemed Date of Possession till the date when the physical possession is taken by the Allottee(s). B. Each of the Allottee(s) shall also be required to pay the charges for maintenance and management of common-areas and facilities and applicable municipal rates & Taxes commencing from the Deemed Date of Possession in addition to the Guarding Charges, If if any.