Liability Commencement Date Sample Clauses

Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Villa and the Allottee fails to pay the entire dues of the Allottee within the time stipulated in the notice or is in default in compliance of any of his other obligations here under, then notwithstanding the fact that the Promoter shall withhold possession of the Villa on account of such failure or default of the Allottee, the Allottee’s liability to pay the Taxes and Outgoings in respect of the said Villa shall commence on the date of expiry of the time stipulated in the notice as aforesaid (“Liability Commencement Date”). Furthermore, with effect from the Liability Commencement Date and until the Allottee pays all its dues towards the Promoter and the said Villa and remedies the concerned default and takes physical possession of the Villa, the Allottee shall be liable for all consequences [of failure of compliance of House Rules and shall also be liable to pay to the Promoter a predetermined sum calculated @Rs.15000/- per month towards withholding charges.
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Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Unit and the Allottee fails to pay the entire dues of the Allottee within the time stipulated in the notice or is in default in compliance of any of his other obligations hereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Unit on account of such failure or default of the Allottee, the Allottee’s liability to pay the Taxes and Outgoings in respect of the Designated Apartment shall commence on the expiry or days of issuance of such Notice of Possession or date of expiry of the time stipulated in such Notice, whichever be earlier, as aforesaid (“Liability Commencement Date”). Furthermore, with effect from the Liability Commencement Date and until the Allottee pays all its dues towards the Promoter and the Designated Apartment and remedies the concerned default and takes physical possession of the Unit, the Allottee shall be liable for all consequences of failure of compliance of House Rules and shall also be liable to pay to the Promoter a predetermined sum calculated @Rs. 50/- (Rupees fifty) only per Square foot per month of the built-up area in respect of the Designated Apartment towards withholding charges. This shall be without prejudice to the other rights remedies and claims of the Promoter and the other obligations and liabilities of the Allottee hereunder.
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Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Unit and the Allottee fails to pay the entire dues of the Allottee within the time stipulated in the notice or is in default in compliance of any of his other obligations hereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Unit on account of such failure or default of the Allottee, the Allottee’s liability to pay the Taxes and Outgoings in respect of the Designated Apartment shall commence on the expiry or 30 days of issuance of such Notice of Possession or date of expiry of the time stipulated in such Notice,
Sample 1
Liability Commencement Date. In case the Promoter issues Notice for Possessionto the Allottee to take possession of the Apartment and the Allottee fails to pay the entire dues of the Allottee within the time stipulated in the Notice for Possession or is in default in compliance of any of his/her/their/its other obligations hereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Apartment on account of such failure or default of the Allottee, the Allottee’s liability to pay the Taxes and Outgoings as per Clause 34.14 above in respect of the Apartment shall commence on the date of expiry of the time stipulated in the Notice for Possession as aforesaid (“Liability Commencement Date”). Furthermore, with effect from the Liability Commencement Date and until the Allottee pays all its dues towards the Promoter and the Apartment and remedies the concerned default and takes physical possession of the Apartment, the Allottee shall be liable for all consequences of failure of compliance of House Rules.
Sample 1
Liability Commencement Date. In case the Promoter issues Notice for Possession to the Allottee to take possession of the Apartment/ Retail Unit and the Allottee fails to pay the entire dues of the Allottee within the time stipulated in the Notice for Possession or is in default in compliance of any of his/her/their/its other obligations hereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Apartment/ Retail Unit on account of such failure or default of the Allottee, the Allottee’s liability to pay the Taxes and Outgoings as per Clause 34.16 above in respect of the Apartment/ Retail Unit shall commence on the date of expiry of the time stipulated in the Notice for Possession as aforesaid (“Liability Commencement Date”). Furthermore, with effect from the Liability Commencement Date and until the Allottee pays all its dues towards the Promoter and the Apartment/ Retail Unit and remedies the concerned default and takes physical possession of the Apartment/ Retail Unit, the Allottee shall be liable for all consequences of failure of compliance of House Rules.
Sample 1
Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Unit and the Allottee fails to pay the entire dues of the Allottee within the time stipulated in the notice or is in default in compliance of any of his other obligations hereunder, then notwithstanding the
Sample 1
Liability Commencement Date. In case the Promoter issues notice to the Allottees to take possession of the Apartment and the Allottees fails to pay the entire dues of the Allottees within the time stipulated in the notice or are in default in compliance of any of their other obligations hereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Apartment on account of such failure or default of the Allottees, the Allottee’s liability to pay the Taxes and Outgoings in respect of the said Apartment shall commence on the date of expiry of the time stipulated in the notice as aforesaid (“Liability Commencement Date”). Furthermore, with effect from the Liability Commencement Date and until the Allottees pays all its dues towards the Promoter and the said Apartment and remedies the concerned default and takes physical possession of the Apartment, the Allottees shall be liable as under the Act and Rules thereunder.
Sample 1
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Related to Liability Commencement Date

  • Term Commencement Date For purposes of this Lease, the "Term Commencement Date" shall be defined as the earlier of (A) the first date on which Tenant occupies all or any part of the Premises for the conduct of business, or (B) fourteen (14) days after the date on which both of the following shall occur: (i) Landlord's Work shall be (or be deemed to be) substantially completed (notwithstanding the incompleteness of (x) so-called "punch list" items, (y) work to be undertaken by Landlord which does not materially impair Tenant's use of the Premises for the purposes allowed herein, and (z) finishes and exterior landscaping to the Property), and (ii) a certificate of occupancy has been (or is deemed to have been) issued with respect to the Premises (or the building inspector has (or is deemed to have) provided a verbal "sign off" on Landlord's Work and indicated that a certificate of occupancy will issue in due course). If Tenant (or any agent, employee or contractor of Tenant) causes any delay in the performance or substantial completion of Landlord's Work (including, without limitation, by failing to timely prepare the Construction Drawings), then Landlord's Work shall be deemed to have been substantially completed on the date that Landlord's Work would have been substantially completed but for such delay, and the certificate of occupancy for the Premises (or building inspector "sign off" as aforesaid) shall be deemed to have been issued (or provided) on the date it would have been issued (or provided) but for such delay. Landlord shall use reasonable efforts to substantially complete Landlord's Work by the date (as the same may be modified by Landlord at or prior to the time of its approval of the Construction Drawings as provided in the second paragraph of Section 10.22, the "Estimated Substantial Completion Date") which is ninety (90) days after Landlord's final approval of the Construction Drawings, but Tenant shall not have any claim against Landlord, and Landlord shall have no liability to Tenant, if Landlord's Work is not substantially completed by the Estimated Substantial Completion Date. Notwithstanding the foregoing, if Landlord fails to substantially complete Landlord's Work on or before the date which is sixty (60) days after the Estimated Substantial Completion Date due to Landlord's fault or neglect, then Tenant shall be entitled to a credit (offset) against Base Rent due and payable as of the Term Commencement Date in the amount of one (1) day of Base Rent for each day after the Estimated Substantial Completion Date that Landlord's Work shall not have been substantially completed.

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