Common use of ADDITIONS OR REPLACEMENTS Clause in Contracts

ADDITIONS OR REPLACEMENTS. As and when any plant and machinery, including but not limited to, DG sets, electric sub- stations, pumps, firefighting equipment or any other plant, machinery and/or equipment of capital nature etc. require replacement, upgradation, additions etc. the cost thereof shall be contributed by all the Allottees in the Project on pro-rata basis as specified by the Promoter/Maintenance Company/Association. Upon completion, the Promoter/Maintenance Company/Association shall have the sole authority to decide the necessity of such replacement, upgradation, additions etc. including its timings or cost thereof and the Allottee agrees to abide by the same.

Appears in 10 contracts

Samples: Agreement for Sale Cum Assignment, Agreement for Sale Cum Assignment, Agreement for Sale

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ADDITIONS OR REPLACEMENTS. As and when any plant and machinery, including but not limited to, DG sets, electric sub- sub-stations, pumps, firefighting fire fighting equipment or any other plant, machinery and/or equipment of capital nature etc. require replacement, upgradationup gradation, additions etc. the cost thereof shall be contributed by all the Allottees Allottees/Transferees in the Project on pro-pro- rata basis as specified by the Promoter/Transferor/Maintenance Company/Association. Upon completion, the completion Promoter/Transferor/Maintenance Company/Association shall have the sole authority to decide the necessity of such replacement, upgradation, additions etc. including its timings or cost thereof and the Allottee Allottee/Transferee agrees to abide by the same.

Appears in 4 contracts

Samples: Agreement to Sale, Agreement to Sale, Agreement to Sale

ADDITIONS OR REPLACEMENTS. As and when any plant and machinery, including but not limited to, DG sets, electric sub- sub‐ stations, pumps, firefighting equipment or any other plant, machinery and/or equipment of capital nature etc. require replacement, upgradation, additions etc. the cost thereof shall be contributed by all the Allottees in the Project on pro-rata pro‐rata basis as specified by the Promoter/Maintenance Company/Association. Upon completion, the Promoter/Maintenance Company/Association shall have the sole authority to decide the necessity of such replacement, upgradation, additions etc. including its timings or cost thereof and the Allottee agrees to abide by the same.

Appears in 2 contracts

Samples: Agreement for Sale‐cum‐assignment, Agreement for Sale‐cum‐assignment

ADDITIONS OR REPLACEMENTS. As and when any plant and machinery, including but not limited to, DG sets, electric sub- stations, pumps, firefighting equipment or any other plant, machinery and/or equipment of capital nature etc. require replacement, upgradation, additions etc. the cost thereof shall be contributed by all the Allottees Allottees/Transferees in the Project on pro-rata basis as specified by the Promoter/Transferor/Maintenance Company/Association. Upon completion, the Promoter/Transferor/Maintenance Company/Association shall have the sole authority to decide the necessity of such replacement, upgradation, additions etc. including its timings or cost thereof and the Allottee Allottee/Transferee agrees to abide by the same.

Appears in 2 contracts

Samples: Agreement for Sale Cum Assignment, Agreement for Sale Cum Assignment

ADDITIONS OR REPLACEMENTS. As and when any plant and machinery, including but not limited to, DG sets, electric sub- stations, pumps, firefighting fire fighting equipment or any other plant, machinery and/or equipment of capital nature etc. require replacement, upgradationup gradation, additions etc. the cost thereof shall be contributed by all the Allottees Apartment Acquirers in the Project on pro-rata basis as specified by the Promoter/Maintenance Company/Association. Upon completion, the completion Promoter/Maintenance Company/Association shall have the sole authority to decide the necessity of such replacement, upgradation, additions etc. including its timings or cost thereof and the Allottee agrees to abide by the same.

Appears in 1 contract

Samples: Agreement to Sale

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ADDITIONS OR REPLACEMENTS. As and when any plant and machinery, including but not limited to, DG sets, electric sub- stations, pumps, firefighting fire fighting equipment or any other plant, machinery and/or equipment of capital nature etc. require replacement, upgradationup gradation, additions etc. the cost thereof shall be contributed by all the Allottees in the Project on pro-rata basis as specified by the PromoterOwner/Maintenance Company/Association. Upon completion, the Promotercompletion Owner/Maintenance Company/Association shall have the sole authority to decide the necessity of such replacement, upgradation, additions etc. including its timings or cost thereof and the Allottee agrees to abide by the same.

Appears in 1 contract

Samples: Agreement to Sale

ADDITIONS OR REPLACEMENTS. As and when any plant and machinery, including but not limited to, DG sets, electric sub- sub-stations, pumps, firefighting fire fighting equipment or any other plant, machinery and/or equipment of capital nature etc. require replacement, upgradationup gradation, additions etc. the cost thereof shall be contributed by all the Allottees Purchasers in the Project on pro-rata basis as specified by the Promoter/Maintenance Company/Association. Upon completion, the completion Promoter/Maintenance Company/Association shall have the sole authority to decide the necessity of such replacement, upgradation, additions etc. including its timings or cost thereof and the Allottee Purchaser agrees to abide by the same.

Appears in 1 contract

Samples: Agreement to Sale

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