Land Premium- Sample Clauses

Land Premium- i. The Lessee has made the payment of 100% of the accepted Land Lease Premium of INR /- (Rupees (In words) only) represents the land lease premium at the rate of INR _ per sq. m for plot admeasuring ____ (AS PER CLAUSE 1 OF RFP) Sq.m for ___________ (AS PER CLAUSE 1 OF RFP) in (AS PER CLAUSE 1 OF RFP) sectors of Xxxx Raipur Xxxx Nagar or has submitted the Bank Guarantee _________for balance land premium and promised to pay balance Land Premium as per Schedule VII. The Lessee has made the payment of first year’s annual lease rent for this plot at the rate of 2 % of Lease Land Premium + 18% GST on the Lease Rent amounts to INR __________/- (Rupees (In words) only) and GST amounting Rupees ________/- (Rupees __________ (In words) only). The applicable taxes shall be paid by the lessee in addition with the Lease Rent. ii. The Lessee shall from the date of execution of this Agreement and during the term of first thirty years of Lease Period, pay Lease Rent to the Lessor at the rate of 2% (Two Percent) of the Total Land Premium along with GST and other applicable taxes per annum in advance before 1st day of April of every year during the Lease Period. iii. However, the first payment of Lease Rent shall be for the period commencing from the date of execution of this Agreement till 31st March of the subsequent calendar year in which the Agreement is executed and the same shall be deposited by the Lessee at the time of execution of the Agreement. In the last year of subsistence of the Agreement, the Lease rent due shall be for the period from 1st April till the Agreement ceases to be in force. iv. Provided that, on and with effect from the thirty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the thirtieth year, as decided by the NRANVP and similarly on and with effect from the sixty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the sixtieth year, as decided by the NRANVP, under the provisions of Chhattisgarh Xxxxxxx Kshetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam 2008. v. Any incentive provided by State government w.r.t. Lease Rent under Rule 5 of Chhattisgarh Xxxxxxx Kshetra (Xxxxx Sampattika Vyayan) Niyam shall be applicable to Lessee under this agreement.
Sample 1See All (7)
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Land Premium-. The Lessee has made the payment of % of the accepted Land Lease Premium, out of which amount of Rs. /- (Rs. ) represents the land lease premium at the rate of Rs 2472/- per sq. m for plot admeasuring Sq.m for development and operations of the said Project in Sector , Xxxx Raipur Xxxx Nagar. The annual lease rent for this plot at the rate of 2 % of the Premium which is Rs. /- (In words ). The applicable taxes shall be paid by the lessee in addition with the Lease Rent.
Sample 1
Land Premium-. The Lessee shall on or before the Effective Date pay to the Lessor, the Land Premium which amount shall be exclusive of the prevailing goods and services tax (hereinafter called “GST”) which shall be paid by the Lessee.
Sample 1
Land Premium-. The land premium, as prescribed by JTC, is approximately S$84.0 million ("Land Premium"). As at the date of this announcement, Ascendas Reit has paid JTC the entire Land Premium amount.
Sample 1

Related to Land Premium-

  • Weekend Premium An employee shall be paid a weekend premium of one dollar and forty-five cents ($1.45) per hour for each hour worked between 2400 hours Friday to 2400 hours Sunday or such other 48 hour period that the Hospital may establish. If an employee is in receipt of premium payment pursuant to a local scheduling regulation with respect to consecutive weekends worked, he will not receive weekend premium under this provision. Effective June 28, 2005, the weekend premium shall be increased to $1.55 per hour.

  • REINSURANCE PREMIUM The YRT Reinsurance Premium for each coverage shall equal (i) x (ii) x (iii) / 1,000, where:

  • Overtime Premium a) Time and one-half (1/2) shall be paid as follows: 1) For all hours worked over 8 (eight) hours per day. 2) For all hours worked over 40 (forty) hours per week. 3) For all hours worked on Sunday, unless part of the employees regularly scheduled workweek. b) Double time plus holiday pay shall be paid for all hours worked on holidays that are defined in this Agreement.

  • Night Premium For all time worked by employees, after 7 p.m. and before 7 a.m., by employees hired on or before August 5, 2005, a premium of twenty-five cents (25¢) per hour shall be paid.

  • Shift Premium Full-Time and Part-Time Employees shall be paid a shift premium of one dollar ($1.00) per hour for all hours worked where the majority of their scheduled hours fall between 1500 and 0700 hours.

  • Overtime and Premium Pay A nurse shall be paid at the rate of one and one- half (1½) times the nurse’s regular hourly rate of pay for all hours worked in any one category listed below, including statutory overtime pay under 9.4.1 or premium pay under 9.4.2 through

  • Night Shift Premium All hours worked by an employee between ten (10:00) p.m. and seven (7:00) a.m. shall be considered as shift work and paid for at the applicable straight time/overtime rate plus two ($2.00) dollars per hour shift premium for each full hour worked during this period. Night-shift premium shall not be added to the employee’s hourly rate of pay for the purpose of computing overtime pay.

  • BUYER’S PREMIUM A Buyer’s Premium fee of 10% of the Bid Price or $1,000 Auction Service Fee, whichever amount is greater, will be added to the High Bid amount. The High Bid amount plus the Buyer’s Premium equals the Total Purchase Price. SETTLEMENT to occur within 30 days from contract ratification date. PRE-BID OFFERS ACCEPTED via PHONE (000) 000-0000 or FAX (000) 000-0000

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

  • Reinsurance Premiums A. The total Reinsurance Premium for the business ceded hereunder is the sum of the GMDB Reinsurance Premium, the EPB Reinsurance Premium and the GMIB Reinsurance Premium, each of which is defined separately in this article. B. The Reinsurance Premium rates and structure described above are subject to change in accordance with the criteria described in Article XV. GMDB AND EPB ------------ C. The total GMDB Reinsurance Premium for the business ceded hereunder is the sum of the GMDB Reinsurance Premium and the EPB Reinsurance Premium, each of which is defined separately in this article. GMDB CESSION PREMIUM -------------------- D. The GMDB Reinsurance Premium is expressed in terms of basis points and is defined in Exhibit II. E. The Cedent shall calculate, for each premium class, the Reinsurer's Percentage of the greater of the average aggregate GMDB value and the average aggregate account value for the reporting month. This value shall be applied to the GMDB Cession Premium rates per premium class on a 1/12th basis. EPB CESSION PREMIUM ------------------- F. The EPB Reinsurance Premium is an asset-based premium rate, expressed in terms of basis points, and is defined in Exhibit II. G. The Cedent shall calculate, for each premium class, the Reinsurer's Percentage of the average aggregate account value for the reporting month. This value shall be applied to the annualized EPB reinsurance premium rates per premium class on a 1/12th basis. The total EPB Cession Premium due for the month is the sum of the premiums calculated for each premium class. SPOUSAL CONTINUANCES -------------------- H. Spousal continuances will be covered under this Agreement to the extent that the surviving spouse satisfies the issue age restrictions and benefit limitations, as described in Schedule A, at time of continuance, and shall be deemed to be terminations followed by subsequent new issues for purposes of calculating Reinsurance Premiums. The new reinsurance premium rate applied shall be based off the attained age of the surviving spouse at the time of election of spousal continuance. After the termination of this Agreement for new cessions, a spousal continuation of a Reinsured Contract may be ceded to this Agreement in accordance with the procedure set forth in Article I, Paragraph D. GMIB ---- I. The GMIB cession premium ("GMIB Reinsurance Premium") is an asset-based premium rate, expressed in terms of basis points, as set forth in Exhibit II, and shall be calculated on an aggregate basis. J. The Cedent shall calculate the Reinsurer's Percentage of the greater of the average aggregate IBB value and the average aggregate account value for the reporting month. This value shall be applied to the annualized GMIB cession premium rates on a 1/12th basis.

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