Common use of Payment Plans Clause in Contracts

Payment Plans. 6.1 The Price and the Extras & Deposits (collectively the "Total Payable Amount") shall be paid to the Developer strictly in accordance with the schedule of payment provided in the Application Kit (“Payment Schedule”). The Payment Schedule is based on tentative measurements of the Apartments. Prior to granting possession of Apartments, accurate measurements of the Apartments will be taken and final amount payable by the Allottee will be determined in accordance with the rates set out in the Application Form of that Allottee. The Possession Notice will specify a date when the Allottee will be required to be present in person or through authorised representative for such measurement. In the event that the Allottee is not present on such date, the measurements taken by the Developer shall be final and binding on the Allottee. 6.2 The Developer will be entitled to adjust/appropriate payments made by an Allottee first against any outstanding dues under any head(s), if any, then remaining unpaid by such Allottee and then towards the installments/charges. By applying for an Apartment in the prescribed Application Form of the Developer, the Allottees will be deemed to have authorised the Developer to receive payment in this manner and undertakes not to object to such adjustments made by the Developer. 6.3 The Applicants are required to indicate their preference of payment plan in the Application Form. Change of preferred payment plan shall be allowed by the Developer at its sole discretion and with or without such conditions as it may deem fit. 6.4 The Total Payable Amount in the above plans is exclusive of any taxes which may be leviable by any appropriate authorities. Taxes like Value Added Tax, Works contract tax, G S T, any other tax, both present and future, as may be applicable, shall be separately charged and recovered from the Allottees. All the applicable taxes shall be payable by the Allottees as and when demanded by the Developer.

Payment Plans. 6.1 The Price and the Extras & Deposits (collectively the "Total Payable Amount") shall be paid to the Developer strictly in accordance with the schedule of payment provided in the Application Kit (“Payment Schedule”). The Payment Schedule is based on tentative measurements of the Apartments. Prior to granting possession of Apartments, accurate measurements of the Apartments will be taken and final amount payable by the Allottee will be determined in accordance with the rates set out in the Application Form of that Allottee. The Possession Notice will specify a date when the Allottee will be required to be present in person or through authorised representative for such measurement. In the event that the Allottee is not present on such date, the measurements taken by the Developer shall be final and binding on the Allottee. 6.2 The Developer will be entitled to adjust/appropriate payments made by an Allottee first against any outstanding dues under any head(s), if any, then remaining unpaid by such Allottee and then towards the installments/charges. By applying for an Apartment in the prescribed Application Form of the Developer, the Allottees will be deemed to have authorised the Developer to receive payment in this manner and undertakes not to object to such adjustments made by the Developer.have 6.3 The Applicants are required to indicate their preference of payment plan in the Application Form. Change of preferred payment plan shall be allowed by the Developer at its sole discretion and with or without such conditions as it may deem fit. 6.4 The Total Payable Amount in the above plans is exclusive of any taxes which may be leviable by any appropriate authorities. Taxes like Value Added Tax, Works contract tax, G S T, any other tax, both present and future, as may be applicable, shall be separately charged and recovered from the Allottees. All the applicable taxes shall be payable by the Allottees as and when demanded by the Developer.

Payment Plans. 6.1 The Price and the Extras & Deposits (collectively the "Total Payable Amount") shall be paid to the Developer strictly in accordance with the schedule of payment provided in the Application Kit (“Payment Schedule”). The Payment Schedule is based on tentative measurements of the Apartments. Prior to granting possession of Apartments, accurate measurements of the Apartments will be taken and final amount payable by the Allottee will be determined in accordance with the rates set out in the Application Form of that Allottee. The Possession Notice will specify a date when the Allottee will be required to be present in person or through authorised representative for such measurement. In the event that the Allottee is not present on such date, the measurements taken by the Developer shall be final and binding on the Allottee. 6.2 The Developer will be entitled to adjust/appropriate payments made by an Allottee first against any outstanding dues under any head(s), if any, then remaining unpaid by such Allottee and then towards the installments/charges. By applying for an Apartment in the prescribed Application Form of the Developer, the Allottees will be deemed to have authorised the Developer to receive payment in this manner and undertakes not to object to such adjustments made by the Developer.to 6.3 The Applicants are required to indicate their preference of payment plan in the Application Form. Change of preferred payment plan shall be allowed by the Developer at its sole discretion and with or without such conditions as it may deem fit. 6.4 The Total Payable Amount in the above plans is exclusive of any taxes which may be leviable by any appropriate authorities. Taxes like Value Added Tax, Works contract tax, G S T, any other tax, both present and future, as may be applicable, shall be separately charged and recovered from the Allottees. All the applicable taxes shall be payable by the Allottees as and when demanded by the Developer.

Payment Plans. 6.1 The Price and the Extras & Deposits (collectively the "Total Payable Amount") shall be paid to the Developer strictly in accordance with the schedule of payment provided in the Application Kit (“Payment Schedule”). The Payment Schedule is based on tentative measurements of the Apartments. Prior to granting possession of Apartments, accurate measurements of the Apartments will be taken and final amount payable by the Allottee will be determined in accordance with the rates set out in the Application Form of that Allottee. The Possession Notice will specify a date when the Allottee will be required to be present in person or through authorised representative for such measurement. In the event that the Allottee is not present on such date, the measurements taken by the Developer shall be final and binding on the Allottee. 6.2 The Developer will be entitled to adjust/appropriate payments made by an Allottee first against any outstanding dues under any head(s), if any, then remaining unpaid by such Allottee and then towards the installments/charges. By applying for an Apartment in the prescribed Application Form of the Developer, the Allottees will be deemed to have authorised the Developer to receive payment in this manner and undertakes not to object to such adjustments made by the Developer. 6.3 The Applicants are required to indicate their preference of payment plan in the Application Form. Change of preferred payment plan shall be allowed by the Developer at its sole discretion and with or without such conditions as it may deem fit. 6.4 The Total Payable Amount in the above plans is exclusive of any taxes which may be leviable by any appropriate authorities. Taxes like Value Added Tax, Works contract tax, G S T, any other tax, both present and future, as may be applicable, shall be separately charged and recovered from the Allottees. All the applicable taxes shall be payable by the Allottees as and when demanded by the Developer.Service Tax,