Receipts and TDS Sample Clauses

Receipts and TDS. All payments shall be made by the Allottee against proper receipts by the Promoter and the Allottee shall not be entitled to claim nor to set up any other evidence regarding the payment. Any TDS under the Income Tax Laws, if deducted shall be deposited by the Allottee within time failing which the Allottee shall not only be liable for the consequences under the applicable tax laws, but also be defaulter in such payment to the Promoter hereunder and for all consequential losses to the Promoter and pay to the Promoter interest @18% per annum thereon. The Promoter has been empowered and authorized under the Development Agreement to receive all amounts from the Allottee. The Promoter and the Owner shall apportion their respective entitlements in terms of the Development Agreement or as they may mutually agree and the Allottee shall have no concern therewith. Further the Promoter has also been empowered and authorized under the Development Agreement to receive the entire Other Costs and Deposits from the Allottee. The Allottee has satisfied himself about all such rights of the Promoter.
Sample 1
AutoNDA by SimpleDocs
Receipts and TDS. All payments shall be made by the AllotteeagainstproperreceiptsbythePromoterandtheAllotteeshallnotbeentitl ed to claim nor to set up any other evidence regarding the payment.Any TDS under the Income Tax Laws, if deducted shall be deposited bythe Allottee within time failing which the Allottee shall not only be liablefor the consequences under the applicable tax laws, but also be defaulter insuch payment to the Promoter hereunder and for all consequential losses tothe Promoter and pay to the Promoter interest @18% per annum thereon.The Promoter has been empowered and authorized under the DevelopmentAgreement to receive all amounts from the Allottee. The Promoter and theOwnershallapportiontheirrespectiveentitlementsintermsoftheDevelopm ent Agreement or as they may mutually agree and the Allotteeshallhavenoconcerntherewith.FurtherthePromoterhasalsobeenemp owered and authorized under the Development Agreement to receivethe entire Other Costs and Deposits from the Allottee. The Allottee hassatisfiedhimselfabout allsuchrightsofthePromoter.
Sample 1

Related to Receipts and TDS

  • Receipts and Transaction History You may view your transaction history by logging into the Service and looking at your transaction history. You agree to review your transactions by this method instead of receiving receipts by mail.

  • RECEIPTS AND BILLS OF LADING If requested by SHIPPER, BROKER agrees to provide SHIPPER with proof of acceptance and delivery of shipments in the form of a signed Xxxx of Lading or Proof of Delivery via US Mail, courier, or electronically by fax or email. SHIPPER’s insertion of BROKER’s name on the xxxx of lading shall be for SHIPPER convenience only and shall not change BROKER’s status as a property broker. The terms and conditions of any freight documentation used by BROKER or carrier selected by BROKER may not supplement, alter, or modify the terms of this Agreement.

  • Secure Information Handling and Transfers 7.1 Physical and electronic handling, processing and transferring of DWP Data, including secure access to systems and the use of encryption where appropriate.

  • TAXES AND TAX EXEMPTION CERTIFICATE 21.1 The Owners are generally exempt from any taxes imposed by the state or federal government. A Tax Exemption Certificate will be provided as applicable.

  • Bills and Liens Contractor shall pay promptly all indebtedness for labor, materials and equipment used in performance of the Work. Contractor shall not permit any lien or charge to attach to the Work or the premises, but if any does so attach, Contractor shall promptly procure its release and, in accordance with the requirements of Article 22 above, indemnify, defend, and hold County harmless and be responsible for payment of all costs, damages, penalties and expenses related to or arising from or related thereto.

  • No Stacking of Entitlements While various options may be considered and offered, there will be no stacking of entitlements.

  • Escrow Agent Not Responsible for Genuineness The Escrow Agent will not be responsible or liable in any manner whatever for the sufficiency, correctness, genuineness or validity of any escrow security deposited with it.

  • Tax Exemptions and Exemption Certificates If Applicable Law clearly exempts a purchase hereunder from a Tax, and if such Applicable Law also provides an exemption procedure, such as an exemption-certificate requirement, then, if the Purchasing Party complies with such procedure, the Providing Party shall not collect such Tax during the effective period of such exemption. Such exemption shall be effective upon receipt of the exemption certificate or affidavit in accordance with the terms set forth in Section 41.6. If Applicable Law clearly exempts a purchase hereunder from a Tax, but does not also provide an exemption procedure, then the Providing Party shall not collect such Tax if the Purchasing Party (a) furnishes the Providing Party with a letter signed by an officer requesting such an exemption and citing the provision in the Applicable Law which clearly allows such exemption and (b) supplies the Providing Party with an indemnification agreement, reasonably acceptable to the Providing Party (e.g., an agreement commonly used in the industry), which holds the Providing Party harmless on an after-tax basis with respect to its forbearing to collect such Tax.

  • Use of State Facilities Resources and Equipment a. Meeting Space and Facilities. The Employer’s campuses and facilities may be used by the Union to hold meetings subject to the University’s policy and availability of the space. The Employer may provide private space for stewards and/or Union representatives to meet in confidence with those they represent on a space available basis. Staff representatives may reserve and utilize meeting rooms in accordance with University policy and procedure. Such requests will be subject to availability and all applicable fees.

  • Formation of the Agreement 2.1 The Agreement is binding upon Supplier after accepting the Purchase Order as evidenced by acknowledgement, supply of Goods and/or performance of Services. Versuni expressly rejects Supplier’s general conditions of sale.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!