Nomination Fees Sample Clauses

Nomination Fees. The Allottee shall pay a sum calculated @ 2% of the Unit Price or the Nomination Price whichever is higher, plus applicable taxes, as and by way of nomination fees to the Promoter. It is clarified that inclusion of a new joint allottee or change of a joint allottee shall be treated as a nomination. However nomination fees shall not be payable in case of nomination in favour of parents, spouse or children of the Allottee. Any additional income tax liability that may become payable by the Promoter due to nomination by the Allottee because of higher market valuation as per the registration authorities on the date of nomination and/or the extra registration fees to be paid to the registration authorities due to nomination, shall be compensated by the Allottee paying to the Promoter agreed compensation equivalent to the income tax payable on such difference at the highest applicable tax rate at the prevailing time or the estimated extra registration fees. Such amount shall be payable by the Allottee on or before nomination. The Allottee admits and accepts that he shall not be entitled to nominate or assign his rights under this Agreement save in the manner indicated above.
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Nomination Fees. The Allottees shall pay a sum calculated as a percentage of the Total Price plus applicable taxes, as and by way of nomination fees to the Developer. It is clarified that inclusion of a new joint Allottees or change of a joint Allottees shall be treated as a nomination. However nomination fees shall not be payable in case of nomination in favour of parents, spouse or children of the Allottees. Any additional income tax liability that may become payable by the Developer due to nomination by the Allottees because of higher market valuation as per the registration authorities on the date of nomination and/or the extra registration fees to be paid to the registration authorities due to nomination, shall be compensated by the Allottees paying to the Developer agreed compensation equivalent to the income tax payable on such difference at the highest applicable tax rate at the prevailing time or the estimated extra registration fees. Such amount shall be payable by the Allottees on or before nomination. The Allottees admits and accepts that he shall not be entitled to nominate or assign his rights under this Agreement save in the manner indicated above.
Nomination Fees. The Allottee shall pay a sum calculated @ 100/- (Rupees One Hundred Only.) Per Square feet of Saleable Area of the Unit Price or the consideration agreed upon by the Allottee herein for such Nomination (Nomination Price) whichever is higher, plus applicable taxes, as and by way of nomination fees to the Promoter and the Owner. It is clarified that inclusion of a new joint Allottee or change of a joint Allottee shall be treated as a nomination. However nomination fees shall not be payable in case of nomination in favour of parents, spouse, brother, sister or children of the Allottee. Any additional income tax liability that may become payable by the Promoter due to nomination by the Allottee because of higher market valuation as per the registration authorities on the date of nomination and/or the extra registration fees to be paid to the registration authorities due to nomination, shall be compensated by the Allottee paying to the Promoter agreed compensation equivalent to the income tax payable on such difference at the highest applicable tax rate at the prevailing time or the estimated extra registration fees. Such amount shall be payable by the Allottee on or before nomination. The Allottee admits and accepts that he shall not be entitled to nominate or assign his rights under this Agreement save in the manner indicated above. FIRST SCHEDULE PART I (SAID PREMISES) (Part- I) ALL THAT piece and parcels of Bastu land measuring 6 Cottahs 8 Chittaks together with 100 Sq.Ft. mully bamboo tiled shaded structure of R.S. Dag No.829 under X.X. Xxxxxxx No. 332 appertaining to Mouja Barhansfartabad having a Rayati Sthitiban Satta, Pargana Medanmolla, Touji Xx.000, X.X. No.7, X.X. No.47, under Rajpur Sonarpur Municipality being Xxxx No. 24, at present Xxxx No.29, P.S. Sonarpur in the District 24- Parganas (South) butted and bounded:- ON THE NORTH: Garia Station Road ON THE SOUTH : Dag No.829 ON THE EAST : Dag No.830 ON THE WEST : Dag No.828 (Part-II) ALL THAT piece and parcels of Bastu land measuring 6 Cottah 8 Chittaks 0 Sq.Ft. together with mully bamboo tiled shaded structure measuring 100 Sq.Ft. being portion of R.S. Dag Nos. 829 and 831 under Xxxxxxx Nos.332 and 318 appertaining to Mouja-Barhansfartabad having a Rayati Sthitiban Satta, Pargana Medan Molla, Touji Xx.000, X.X. No.7, X.X. No.47, under Rajpur Sonarpur Municipality being Xxxx No.24, at present Xxxx No.29,P.S.Sonapur in the District -24-Parganas (South) butted and bounded:- ON THE NORTH : R.S. Dag No....
Nomination Fees. The Allottee shall pay a sum calculated @ 2% of the Unit Price or the consideration agreed upon by and between the Allottee herein and the proposed nominee for such Nomination (Nomination Price) whichever is higher, plus applicable taxes, as and by way of nomination fees to the Promoter. It is clarified that inclusion of a new joint allottee or change of a joint allottee shall be treated as a nomination. However nomination fees shall not be payable in case of nomination in favour of parents, spouse, brother, sister or children of the Allottee. Any additional income tax liability that may become payable by the Promoter due to nomination by the Allottee because of higher market valuation as per the registration authorities on the date of nomination and/or the extra registration fees to be paid to the registration authorities due to nomination, shall be compensated by the Allottee paying to the Promoter agreed compensation equivalent to the income tax payable on such difference at the highest applicable tax rate at the prevailing time or the estimated extra registration fees. Such amount shall be payable by the Allottee on or before nomination. The Allottee admits and accepts that he shall not be entitled to nominate or assign his rights under this Agreement save in the manner indicated above.
Nomination Fees. The Allottee shall pay a sum calculated @ Rs.37.50 (Rupees thirty seven and fifty paise only) per sq.ft. Plus GST at rates as applicable at the time of such nomination of the total carpet area of the said Apartment including the carpet area of the servant quarter/store/ balcony/verandah, if any, as and by way of nomination fees to the Developer. It is clarified that inclusion of a new joint allottee or change of a joint allottee shall be treated as a nomination. However nomination fees shall not be payable in case of nomination in favour of parents, spouse, brother, sister or children of the Allottee. Any additional income tax liability that may become payable by the Developer due to nomination by the Allottee shall be compensated by the Allottee to the Developer by paying the agreed compensation equivalent to the income tax payable on such nomination. Such amount shall be payable by the Allottee on or before nomination. The Allottee admits and accepts that he shall not be entitled to nominate or assign his rights under this Agreement save in the manner indicated above.
Nomination Fees. The Allottee shall pay a sum calculated as a percentage of 2% (Two Percent) of the Total Price plus applicable taxes, as and by way of nomination fees to the Developer. It is clarified that inclusion of a new joint Allottee or change of a joint Allottee shall be treated as a nomination. However nomination fees shall not be payable in case of nomination in favour of parents, spouse or children of the Allottee. The Allottee admits and accepts that he shall not be entitled to nominate or assign his rights under this Agreement save in the manner indicated above.
Nomination Fees. The Buyer shall pay a sum calculated @ Rs. 35/- (Rupees thirty five) per square feet of built-up area as and by way of nomination fees to the Vendor. It is clarified that inclusion of a new joint Buyer or change of a joint Buyer shall be treated as a nomination. However Nomination Fees shall not be payable in case of nomination in favour of parents, spouse, brother, sister or children of the Buyer. Any additional income tax liability that may become payable by the Vendor due to nomination by the Buyer because of higher market valuation as per the Registration Authorities on the date of nomination, shall be compensated by the Buyer paying to the Vendor agreed compensation equivalent to the income tax payable on such difference at the highest applicable tax rate at the prevailing time Such amount shall be payable by the Buyer on or before the nomination. The Buyer admits and accepts that the Buyer shall not nominate or assign the rights under this Agreement save in the manner indicated above.
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Nomination Fees. The Allottee shall pay a sum calculated @ Rs. [•]/ - per square foot of carpet area (Nomination Price) togehter with applicable taxes, as and by way of nomination fees to the Promoter. It is clarified that inclusion of a new joint allottee or change of a joint allottee shall be treated as a nomination. However nomination fees shall not be payable in case of nomination in favour of parents, spouse, brother, sister or children of the Allottee. Any additional income tax liability that may become payable by the Promoter due to nomination by the Allottee because of higher market valuation as per the registration authorities on the date of nomination and/ or the extra registration fees to be paid to the registration authorities due to nomination, shall be compensated by the Allottee paying to the Promoter agreed compensation equivalent to the income tax payable on such difference at the highest applicable tax rate at the prevailing time or the estimated extra registration fees. Such amount shall be payable by the Allottee on or before nomination. The Allottee admits and accepts that he shall not be entitled to nominate or assign his rights under this Agreement save in the manner indicated above.
Nomination Fees. In case the Buyer shall require a Conveyance to be made and executed in favour of the nominee (subject to written prior approval by the Owner/Developer who will be entitled to refuse to such transfer/nominations without stating any reason thereof), then the Buyer shall be bound to pay to the Owner/Developer, the higher of the amount i.e. 10% of the selling price, at that point and applicable GST in each case of further nomination if made before the deed of Conveyance is executed and registered, then similar fee shall be required to be payable in case of each such nomination. However, under no circumstances, the Buyer shall transfer his‘s/her‘s/its‘s rights within a period of two years from the date of agreement. This Clause will not be applicable in internal family/company transfer i.e. nomination charges will not be payable in this circumstances.
Nomination Fees. The Allottee shall pay a sum calculated @ Rs.100/- (Rupees One Hundred only) per sq.ft. plus GST/taxes as applicable at the time of such nomination on the chargeable area of the said Apartment including the chargeable area of the servant quarter, if any, as and by way of nomination fees to the Owner/Vendor. It is clarified that inclusion of a new joint allottee or change of a joint allottee shall be treated as a nomination. However nomination fees shall not be payable in case of nomination in favour of parents, spouse, brother, sister or children of the Allottee. Any additional income tax liability that may become payable by the Owner/Vendor due to nomination by the Allottee shall be compensated by the Allottee to the Owner/Vendor by paying the agreed compensation equivalent to the income tax payable on such nomination. Such amount shall be payable by the Allottee on or before nomination. The Allottee admits and accepts that he shall not be entitled to nominate or assign his rights under this Agreement save in the manner indicated above.
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