Specified Sum definition

Specified Sum means any sum of money receivable, whether as advance or otherwise, in relation to transfer of an immovable property, whether or not the transfer takes place.
Specified Sum means the sum specified as such in the Schedule; and
Specified Sum means a bond in the sum of two hundred and fifty thousand dollars.

Examples of Specified Sum in a sentence

  • In consideration of the payment of the Specified Sum by the Client to the Company the Company shall provide the Specified Services.


More Definitions of Specified Sum

Specified Sum means £5 million, or such other sum as may be prescribed.
Specified Sum means the agreed consideration to be paid by the Client to the Company as detailed in Schedule 1 to this Agreement;
Specified Sum has the meaning given in Section 9.4.
Specified Sum means $219,407,935.73.
Specified Sum means $239,861,780, the amount paid by Old Dominion to the Bank in consideration of the obligations of the Bank under the Payment Undertaking Agreement.
Specified Sum means any sum of money receivable, whether as advance or otherwise, in relation to transfer of an immovable property, whether
Specified Sum means any sum of money receivable, whether as advance or otherwise, in relation to transfer of an immovable property, whether or not the transfer takes place. The provisions of this Sec shall not apply to any loan or deposit or specified sum where the person from whom the loan or deposit or specified sum is taken or accepted and the person by whom the loan or deposit or specified sum is taken or CA AARISH KHANPage 25.13 AJ Education NeXtPENALTIES accepted are both having agricultural income and neither of them has any income chargeable to tax under the Income tax Act. Sec 271D: Penalty for failure to comply with the provisions of Sec 269SS If a person takes or accepts any loan or deposit or specified sum in contravention of the provisions of Sec 269SS, he shall be liable to pay, by way of penalty, a sum equal to the amount of loan or deposit or specified sum taken or accepted. The penalty shall be imposed by Joint Commissioner. Sec 269T: Mode of repayment of certain loans or deposits No Person including a banking company shall repay any loan or deposit made with it or any specified advance received by it otherwise than by 4 modes if-