Common use of Additional Cost Clause in Contracts

Additional Cost. During the construction of the Said Flat, if the Buyer desires to have any additional modification, changes in the Said Flat other than those which are specified herein, the Buyer shall communicate the same to the Sellers in writing, the Sellers shall then estimate the tentative cost to be incurred for that purpose (Additional Cost) and intimate the amount of the Additional Cost in writing to the Buyer. The Sellers shall do all further modifications and changes in the Said Flat only after receiving the estimated Additional Cost. It is to be clarified hereby that under no circumstances the Additional Cost will be presumed to be a part of the Total Price.

Appears in 2 contracts

Sources: Partnership Agreement, Not Specified in the Provided Text