Examples of Escalation Charges in a sentence
Any such computation of applicable escalation charges shall be final and binding on the Applicant and the Applicant shall be liable to pay such Escalation Charges before or at the time of offer of possession of the Unit.
The Allottee(s) agrees and understands that any default in payment of the Escalation Charges shall be deemed to be a breach under the terms and conditions of the Agreement.
An example enclosed herewith as Annexure X illustrates the computation of Escalation Charges.
The respective RBI Indexes for the computation of the Escalation Charges in the cost of construction and labour cost are as below:- • Steel - Index published as Steel - Long in the category of Basic Metals, Alloys & Metal Products.
In case any CIRP cost is outstanding as on the Effective Date then the Resolution Applicant shall make the payment in full towards the unpaid CIRP Cost from the funds raised through Share Capital Contribution and Cost Escalation Charges from the Existing Plot Buyers within 90 days from the Effective date3.