HOLDING CHARGES. It is agreed by the Vendee that in the event of the failure of the Vendee to take the possession of the said Unit in the manner as aforesaid in Clause 8, then the Vendor shall have the option to cancel/terminate this Agreement and avail all or any of the remedies as stipulated in Clause 15 of this Agreement or the Vendor may, without prejudice to its rights under any of the clauses of this Agreement and at its sole discretion, decide to condone the delay by the Vendee in taking over the said Unit in the manner as stated in this clause on the condition that the Vendee shall pay to the Vendor/Developer holding charges @ Rs.25/- (Rupees Twenty Five only) per sq. ft. of the Super Area of the said Unit per month for the entire period of such delay and to withhold the execution conveyance deed or handing over for occupation and use of the said Unit to the Vendee till the holding charges along with applicable overdue interest and other charges as prescribed in this Agreement, if any, are fully paid/ discharged by the Vendee to the satisfaction of the Vendor. It is made clear and the Vendee agrees that the holding charges as stipulated in this clause shall be a distinct charge not related to and shall be in addition to maintenance charges or any other outgoing cess, taxes, levies etc which shall be at the risk, responsibility and cost of the Vendee. Further the Vendee agrees that in the event of his/her/their failure to take possession of the said Unit within the time stipulated by the Vendor in its notice, the Vendee shall have no right, demand or grievance or claim in respect of any item of work in the said Unit which the Vendee may attempt to allege not to have been carried out or completed by the Developer or in respect of any design, specifications, building materials, use or for any other reason whatsoever or otherwise and that the Vendee shall be deemed to have been fully satisfied in all matters concerning construction work related to the said Unit / said Tower/ said Group Housing Complex.
HOLDING CHARGES. Each Transaction that is held open across successive trading sessions will, after a certain number of days depending on the type of Transaction (which may, for the avoidance of doubt, be zero days), be subject to a holding charge on each occasion that it is kept open from one trading session to the next. The relevant Market Information with information on these charges can be found on our Website here: xxx.xx0.xxxx
HOLDING CHARGES a. The custom xxxxxx shall be responsible for delivery of due CMR at designated rice receiving centers within a maximum period of 120 days of delivery of paddy to him. For this purpose 120 days period shall be counted from the date of release of paddy from joint custody & maintenance to the xxxxxx for custom milling by the Authorised Officer of the mill.
HOLDING CHARGES. The possession of the Unit allotted shall have to be taken over by the Allottee by the due date intimated in the “offer of possession”, failing which “Holding Charges” @Rs. 2.00 per sft per month shall be charged for the entire period of delay besides payment of maintenance charges along with interest at Default Rate for delayed payment.
HOLDING CHARGES. (a) In the event that the Purchaser(s) fails to take over possession of the Flat or Unit by making requisite payments as stipulated in the Offer of Possession Letter within a period of 15 days from the date of issuance of the Offer of Possession Letter, the Developer shall be entitled to levy upon the Purchaser(s), holding charges calculated at the rate of Rs. 10,000/- (Rupees Ten thousand only) per month.
HOLDING CHARGES. If the Purchaser/s fail/s to participate towards registration of the Sale Deed of the Unit and take over the possession of the Unit from the Seller within the period stipulated in the Possession Notice, the Purchaser/s shall be liable to pay to the Seller holding charges at the rate of Rs. 6.30/- (Rupees six and thirty paisa only) per square feet of the Built-up Area of the Apartment per month (“Holding Charges”) exclusive of taxes and duties, as may be applicable.
HOLDING CHARGES. If the Buyer fails or neglects to take delivery of the Flat within 30 (Thirty) days from the date of notice issued by the First Party and Second Party, the Buyer shall be liable to pay holding charges @ Rs.5/- (Rupees Five only) per square feet of the super area of the Flat per month, for the period the Buyer does not take actual physical possession of the Flat. The holding charges shall be in addition to the amount payable by the Buyer as his share of the Government or Municipal taxes, maintenance or other administrative charges, on a proportionate basis, as determined by the First Party and Second Party or the Maintenance Agency, until the Buyer has taken the actual physical possession of the Flat.
HOLDING CHARGES. A. If the Buyer fails to take possession of the said Plot in the manner and within the time set out in Clauses 10 & 11, the Buyer shall be liable to pay the Company holding charges at the rate of Rs.40/per sq. yd in case of plots per month of the said Plot for the entire period of such delay. The Company shall withhold execution of sale deed and handing over of possession of the said Plot to the Buyer till the holding charges with applicable overdue interest as prescribed in this Agreement, are fully paid by the Buyer to the Company.
