Common use of Liability Commencement Date Clause in Contracts

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.

Appears in 2 contracts

Samples: Sale Agreement, Sale Agreement

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Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Villa Apartment 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 underhereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Villa Apartment 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 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 Allottee pays all its dues towards the Promoter and the said Villa Apartment and remedies the concerned default and takes physical possession of the VillaApartment, 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/- @Rs.10,000/- per month towards withholding charges.

Appears in 2 contracts

Samples: Transfer Agreement, Transfer Agreement

Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Villa 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 here underhereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Villa 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 said Villa Unit 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 Unit and remedies the concerned default and takes physical possession of the VillaUnit, 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/- @Rs. /- per month towards withholding charges.

Appears in 1 contract

Samples: Sale Agreement

Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Villa Apartment 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 underhereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Villa Apartment 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 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 Allottee pays all its dues towards the Promoter and the said Villa Apartment and remedies the concerned default and takes physical possession of the VillaApartment, 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/- @Rs.5,000/- per month towards withholding charges.

Appears in 1 contract

Samples: Assignment Agreement

Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Villa 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 here underhereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Villa 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 said Villa Designated 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 Allottee pays all its dues towards the Promoter and the said Villa Designated Apartment and remedies the concerned default and takes physical possession of the VillaUnit, 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/- @Rs.3/- (Rupees three) only per Square feet per month of the carpet area of the Unit towards withholding charges.

Appears in 1 contract

Samples: Sale Agreement

Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Villa 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 here underhereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Villa 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 said Villa Designated 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 Allottee pays all its dues towards the Promoter and the said Villa Designated Apartment and remedies the concerned default and takes physical possession of the VillaUnit, 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/- @Rs. per Square feet per month of the carpet area of the Unit towards withholding charges.

Appears in 1 contract

Samples: Agreement for Sale

Liability Commencement Date. In case the Promoter issues Promoters issue notice to the Allottee to take possession of the Villa Apartment 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 its other obligations here underhereunder, then notwithstanding the fact that the Promoter Promoters shall withhold possession of the Villa Apartment on account of such failure or default of the Allottee, the Allottee’s 's liability to pay the Taxes and Outgoings in respect of the said Villa 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 Allottee pays all its dues towards the Promoter Promoters and the said Villa Apartment and remedies the concerned default and takes physical possession of the VillaApartment, the Allottee shall be he liable for all consequences [of failure of compliance of House Rules and shall also be liable to pay to the Promoter Promoters a predetermined sum calculated @Rs.15000/- @Rs.l0,000/-(Rupees Ten Thousand) per month towards withholding charges.

Appears in 1 contract

Samples: Sale Agreement

Liability Commencement Date. In case the Promoter issues notice to the Allottee Purchaser to take possession of the Villa Unit and the Allottee Purchaser fails to pay the entire dues of the Allottee Purchaser within the time stipulated in the notice or is in default in compliance of any of his other obligations here underhereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Villa Unit on account of such failure or default of the AllotteePurchaser, the AllotteePurchaser’s liability to pay the Taxes and Outgoings in respect of the said Villa Designated 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 Allottee Purchaser pays all its dues towards the Promoter and the said Villa Designated Apartment and remedies the concerned default and takes physical possession of the VillaUnit, the Allottee Purchaser 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/- @Rs. per Square feet per month of the carpet area of the Unit towards withholding charges.

Appears in 1 contract

Samples: Sale Deed

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Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Villa Apartment 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 underhereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Villa Apartment 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 Designated 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 Allottee pays all its dues towards the Promoter and the said Villa Said Apartment and Properties Appurtenant thereto and remedies the concerned default and takes physical possession of the VillaApartment, 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/- @Rs. 5000 per month of the Apartment towards withholding charges.

Appears in 1 contract

Samples: Assignment Agreement

Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Villa Apartment 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 underhereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Villa Apartment 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 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 Allottee pays all its dues towards the Promoter and in respect of the said Villa Apartment and remedies the concerned default and takes physical possession of the VillaApartment, 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/- @Rs.10,000/- per month towards withholding charges.

Appears in 1 contract

Samples: Sale Agreement

Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Villa Apartment 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 his/her/their/its other obligations here underhereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Villa Apartment 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 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 Allottee pays all its dues towards the Promoter and the said Villa Apartment and remedies the concerned default and takes physical possession of the VillaApartment, 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/- @INR10,000 (Indian National Rupees Ten Thousand) only per month towards withholding charges.

Appears in 1 contract

Samples: Sale Agreement

Liability Commencement Date. In case the Promoter issues notice to the Allottee to take possession of the Villa Office/Shop/Godown 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 underhereunder, then notwithstanding the fact that the Promoter shall withhold possession of the Villa Office/Shop/Godown 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 Office/Shop/Godown 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 Office/Shop/Godown and remedies the concerned default and takes physical possession of the VillaOffice/Shop/Godown, 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/- @Rs. /- per month towards withholding charges.

Appears in 1 contract

Samples: Sale Agreement

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 complianceofanyofhisotherobligationshereunder,thennotwithstandingthefact 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 saidVilla 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 HouseRules and shall also be liable to pay to the Promoter a predetermined sum calculated @Rs.15000/- per month towards withholding charges.

Appears in 1 contract

Samples: Agreement for Sale

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