{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "consideration-paid", "type": "definition", "offset": [4, 22]}, {"key": "to-contractor", "type": "clause", "offset": [23, 36]}, {"key": "compensation-for", "type": "clause", "offset": [51, 67]}, {"key": "work-performed-under", "type": "clause", "offset": [72, 92]}, {"key": "this-agreement", "type": "clause", "offset": [93, 107]}, {"key": "all-of-contractor", "type": "clause", "offset": [119, 136]}, {"key": "reimbursable-expenses-incurred", "type": "clause", "offset": [148, 178]}, {"key": "travel-and-per-diem-expenses", "type": "clause", "offset": [188, 216]}, {"key": "unless-otherwise-expressly-provided", "type": "clause", "offset": [218, 253]}, {"key": "exhibit-8", "type": "clause", "offset": [271, 280]}, {"key": "pricing-and-payment-terms", "type": "clause", "offset": [288, 313]}], "size": 14, "snippet": "The consideration paid to Contractor is the entire compensation for all Work performed under this Agreement, including all of Contractor's approved reimbursable expenses incurred, such as travel and per diem expenses, unless otherwise expressly provided, as set forth in Exhibit 8 (Fees, Pricing and Payment Terms).", "samples": [{"hash": "3mzsMMxscFP", "uri": "/contracts/3mzsMMxscFP#consideration-payment", "label": "Master Agreement", "score": 31.0256328583, "published": true}, {"hash": "cyGwci4ntLC", "uri": "/contracts/cyGwci4ntLC#consideration-payment", "label": "Master Agreement", "score": 30.8003883362, "published": true}, {"hash": "3tQ61NvUfgj", "uri": "/contracts/3tQ61NvUfgj#consideration-payment", "label": "Master Agreement", "score": 29.1489334106, "published": true}], "hash": "dc10145bb063c40080d5ddea820e01db", "id": 1}, {"snippet_links": [{"key": "consideration-of-the-company", "type": "clause", "offset": [7, 35]}, {"key": "the-client-shall", "type": "clause", "offset": [48, 64]}, {"key": "to-the-company", "type": "definition", "offset": [69, 83]}, {"key": "the-consideration", "type": "clause", "offset": [84, 101]}, {"key": "pocket-expenses", "type": "clause", "offset": [162, 177]}, {"key": "in-accordance-with", "type": "definition", "offset": [187, 205]}, {"key": "and-payment-terms", "type": "clause", "offset": [227, 244]}, {"key": "separate-agreement", "type": "definition", "offset": [264, 282]}, {"key": "the-company-shall", "type": "clause", "offset": [288, 305]}, {"key": "its-staff", "type": "definition", "offset": [311, 320]}, {"key": "completion-of-the", "type": "clause", "offset": [349, 366]}, {"key": "for-the-company", "type": "definition", "offset": [425, 440]}, {"key": "satisfaction-of", "type": "clause", "offset": [512, 527]}, {"key": "the-receivables", "type": "clause", "offset": [577, 592]}, {"key": "the-percentage", "type": "definition", "offset": [613, 627]}, {"key": "work-completed", "type": "clause", "offset": [631, 645]}, {"key": "payment-of", "type": "definition", "offset": [659, 669]}, {"key": "quality-of-work", "type": "definition", "offset": [757, 772]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [819, 843]}], "size": 10, "snippet": "5.1 In consideration of the Company\u2019s Services, the Client shall pay to the Company the Consideration to be stipulated in the Termsheet and all reasonable out of pocket expenses (if any) in accordance with the commercial terms and payment terms as detailed in the Separate Agreement.\n5.2 The Company shall send its staff to check for the quality of completion of the Project(s) together with the Client. The Client shall pay for the Company\u2019s Services within 90 days upon the completion of the Project(s) to the satisfaction of the Client.\n5.3 The Company shall be entitled to the receivables from the Client for the percentage of Work completed. The date of payment of such Work is stated in the Termsheets and unless the Company is not satisfied with the quality of Work completed and/or the Client has not fulfilled the terms and conditions specified under the Termsheets.", "samples": [{"hash": "ltAzkIEnFhg", "uri": "/contracts/ltAzkIEnFhg#consideration-payment", "label": "Greenery Consultancy Agreement (China Green, Inc.)", "score": 19.7775497437, "published": true}, {"hash": "l76UcOfHMlp", "uri": "/contracts/l76UcOfHMlp#consideration-payment", "label": "Greenery Consultancy Agreement (China Green, Inc.)", "score": 19.7775497437, "published": true}, {"hash": "fb2O2CAscL3", "uri": "/contracts/fb2O2CAscL3#consideration-payment", "label": "Agreement for Greenery Consultancy (China Green, Inc.)", "score": 19.7775497437, "published": true}], "hash": "b16032befb0cd4e0c393df666892a85d", "id": 3}, {"snippet_links": [{"key": "to-pay", "type": "clause", "offset": [18, 24]}, {"key": "per-diem-rate", "type": "definition", "offset": [33, 46]}, {"key": "a-day", "type": "definition", "offset": [88, 93]}, {"key": "day-of", "type": "clause", "offset": [132, 138]}, {"key": "program-participation", "type": "clause", "offset": [139, 160]}, {"key": "applies-to", "type": "clause", "offset": [179, 189]}, {"key": "listed-below", "type": "clause", "offset": [206, 218]}, {"key": "services-provided", "type": "definition", "offset": [286, 303]}], "size": 10, "snippet": "Department agrees to pay a daily per diem rate where \"daily\" means each day, or part of a day, including the first but not the last day of program participation/confinement. 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Licensor hereby acknowledges that (a) the Payment was made timely, and constitutes full payment of all obligations under Section VII of the MOU (as defined herein), and (b) that portions of such USA Payment shall be allocated to Licensee and TO LLC as payment of consideration pursuant to this Agreement and the US Medical Cannabis License Agreement, as determined by Licensee and its Affiliates, without duplication. No royalties or other payments are required hereunder.", "samples": [{"hash": "eadrq38zUTl", "uri": "/contracts/eadrq38zUTl#consideration-payment", "label": "License Agreement", "score": 34.2899208069, "published": true}, {"hash": "7KqEhLWksVt", "uri": "/contracts/7KqEhLWksVt#consideration-payment", "label": "License Agreement (AquaMed Technologies, Inc.)", "score": 30.1909656525, "published": true}, {"hash": "5nWeWyGcTaa", "uri": "/contracts/5nWeWyGcTaa#consideration-payment", "label": "License Agreement (AquaMed Technologies, Inc.)", "score": 28.0212192535, "published": true}], "hash": "48feb089bae28ffb9e045b51f87fc965", "id": 6}, {"snippet_links": [{"key": "license-granted", "type": "clause", "offset": [24, 39]}, {"key": "other-services", "type": "definition", "offset": [48, 62]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [97, 123]}, {"key": "of-licensee", "type": "clause", "offset": [150, 161]}, {"key": "to-licensor", "type": "clause", "offset": [192, 203]}, {"key": "on-behalf-of", "type": "definition", "offset": [359, 371]}, {"key": "the-payment", "type": "clause", "offset": [416, 427]}, {"key": "payment-of", "type": "definition", "offset": [466, 476]}, {"key": "all-obligations", "type": "clause", "offset": [477, 492]}, {"key": "section-vii", "type": "clause", "offset": [499, 510]}, {"key": "no-royalties", "type": "clause", "offset": [543, 555]}, {"key": "other-payments", "type": "clause", "offset": [559, 573]}], "size": 3, "snippet": "In consideration of the License granted and the other Services (as hereinafter defined) provided pursuant to this Agreement, Licensee or an Affiliate of Licensee has paid or caused to be paid to Licensor an aggregate of Two Million Five Hundred Thousand U.S. Dollars ($2,500,000) (the \u201cPayment\u201d), of which $500,000 (the \u201cCayman Payment\u201d) was paid to Licensor on behalf of Licensee. Licensor hereby acknowledges that the Payment was made timely, and constitutes full payment of all obligations under Section VII of the MOU (as defined herein). No royalties or other payments are required hereunder.", "samples": [{"hash": "fkkVTmEwPge", "uri": "/contracts/fkkVTmEwPge#consideration-payment", "label": "License Agreement", "score": 31.3408622742, "published": true}, {"hash": "9pED36U3Zco", "uri": "/contracts/9pED36U3Zco#consideration-payment", "label": "License Agreement (AquaMed Technologies, Inc.)", "score": 30.1909656525, "published": true}, {"hash": "bySACvtNXQr", "uri": "/contracts/bySACvtNXQr#consideration-payment", "label": "License Agreement (AquaMed Technologies, Inc.)", "score": 28.0212192535, "published": true}], "hash": "ea6ac96a26d5a824f858af0e17cbc627", "id": 5}, {"snippet_links": [{"key": "the-commencement-date", "type": "clause", "offset": [3, 24]}, {"key": "section-31", "type": "clause", "offset": [62, 73]}, {"key": "the-option", "type": "clause", "offset": [145, 155]}, {"key": "by-landlord", "type": "clause", "offset": [156, 167]}, {"key": "provision-of", "type": "clause", "offset": [257, 269]}], "size": 3, "snippet": "On the Commencement Date, Tenant is paying as provided for in Section 3.1 a payment which (i) is consideration for the execution and delivery of the Option by Landlord, (ii) is non-refundable and (iii) will be retained by Landlord notwithstanding any other provision of this Lease.", "samples": [{"hash": "kmcx1gml2r5", "uri": "/contracts/kmcx1gml2r5#consideration-payment", "label": "Lease Agreement", "score": 24.1704311371, "published": true}, {"hash": "8FRNkZzLuZK", "uri": "/contracts/8FRNkZzLuZK#consideration-payment", "label": "Lease Agreement", "score": 24.1704311371, "published": true}], "hash": "064b9320af5c771d128a89c1e60f93bd", "id": 8}, {"snippet_links": [{"key": "consulting-services-provided", "type": "clause", "offset": [25, 53]}, {"key": "by-the-consultant", "type": "clause", "offset": [54, 71]}, {"key": "company-hereunder", "type": "clause", "offset": [79, 96]}, {"key": "the-company-shall", "type": "clause", "offset": [98, 115]}, {"key": "pay-to", "type": "definition", "offset": [116, 122]}, {"key": "a-consulting", "type": "clause", "offset": [138, 150]}, {"key": "for-the-company", "type": "definition", "offset": [208, 223]}, {"key": "agreed-to", "type": "clause", "offset": [284, 293]}, {"key": "in-writing", "type": "definition", "offset": [294, 304]}, {"key": "by-the-parties", "type": "clause", "offset": [305, 319]}, {"key": "consulting-time", "type": "clause", "offset": [338, 353]}, {"key": "travel-time", "type": "clause", "offset": [372, 383]}, {"key": "in-addition-to", "type": "clause", "offset": [389, 403]}, {"key": "fees-due", "type": "clause", "offset": [419, 427]}, {"key": "section-21", "type": "clause", "offset": [458, 469]}, {"key": "the-company-will", "type": "clause", "offset": [477, 493]}, {"key": "pocket-expenses", "type": "clause", "offset": [522, 537]}, {"key": "reasonable-travel-expenses", "type": "clause", "offset": [549, 575]}, {"key": "actually-incurred", "type": "definition", "offset": [577, 594]}, {"key": "in-the-course-of", "type": "definition", "offset": [613, 629]}, {"key": "the-consulting-services", "type": "clause", "offset": [641, 664]}, {"key": "compliance-with-the", "type": "clause", "offset": [679, 698]}, {"key": "travel-policies", "type": "clause", "offset": [709, 724]}, {"key": "subject-to", "type": "clause", "offset": [746, 756]}, {"key": "written-verification", "type": "definition", "offset": [767, 787]}, {"key": "within-thirty", "type": "clause", "offset": [855, 868]}, {"key": "after-the-company", "type": "definition", "offset": [888, 905]}, {"key": "the-consultant-shall", "type": "clause", "offset": [979, 999]}, {"key": "provide-to", "type": "clause", "offset": [1000, 1010]}, {"key": "company-a", "type": "definition", "offset": [1015, 1024]}, {"key": "consultant-and-the", "type": "clause", "offset": [1069, 1087]}, {"key": "time-spent", "type": "clause", "offset": [1097, 1107]}, {"key": "consultant-and-company", "type": "clause", "offset": [1145, 1167]}, {"key": "this-agreement", "type": "clause", "offset": [1246, 1260]}, {"key": "average-level", "type": "definition", "offset": [1288, 1301]}, {"key": "year-period", "type": "definition", "offset": [1402, 1413]}, {"key": "the-consultant-will", "type": "clause", "offset": [1419, 1438]}, {"key": "participate-in", "type": "definition", "offset": [1469, 1483]}, {"key": "employee-benefit-plan", "type": "clause", "offset": [1515, 1536]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [1577, 1595]}], "size": 3, "snippet": "2.1 In consideration for consulting services provided by the Consultant to the Company hereunder, the Company shall pay to the Consultant a consulting fee of $[ ] per hour for each hour devoted to consulting for the Company as provided hereunder (\u201cConsulting Hour\u201d). Unless otherwise agreed to in writing by the parties, the Consultant\u2019s consulting time shall not include travel time.\n2.2 In addition to any consulting fees due to the Consultant pursuant to Section 2.1 above, the Company will reimburse reasonable out-of-pocket expenses (including reasonable travel expenses) actually incurred by the Consultant in the course of performing the consulting services hereunder, in compliance with the Company\u2019s travel policies for its officers and subject to customary written verification of such expenses in a form reasonably satisfactory to the Company, within thirty (30) business days after the Company\u2019s receipt from the Consultant of a proper written invoice therefore.\n2.3 The Consultant shall provide to the Company a written invoice of any services provided by Consultant and the date and time spent on such consulting services.\n2.4 The Consultant and Company agree that the time spent on services Consultant is expected to perform under this Agreement will not exceed 20% of the average level of time spent on services Consultant performed for the Company over the immediately preceding three-year period.\n2.5 The Consultant will not be eligible for, nor will participate in, any health, pension, or other employee benefit plan sponsored or established by the Company for the benefit of its employees.", "samples": [{"hash": "bT5AgaYoGHu", "uri": "/contracts/bT5AgaYoGHu#consideration-payment", "label": "Consulting Agreement", "score": 29.3408622742, "published": true}, {"hash": "hE9FJx4LMFz", "uri": "/contracts/hE9FJx4LMFz#consideration-payment", "label": "Consulting Agreement (Maxygen Inc)", "score": 19.0, "published": true}], "hash": "8c4abba280f3858a1aa97b3c92506d19", "id": 7}, {"snippet_links": [{"key": "aggregate-consideration", "type": "clause", "offset": [4, 27]}, {"key": "purchase-price", "type": "clause", "offset": [48, 62]}, {"key": "paid-by-purchaser", "type": "clause", "offset": [71, 88]}, {"key": "purchase-of-the-acquired-assets", "type": "clause", "offset": [97, 128]}, {"key": "assumption-of-assumed-liabilities", "type": "clause", "offset": [147, 180]}, {"key": "cash-payment-in", "type": "definition", "offset": [192, 207]}, {"key": "equal-to", "type": "definition", "offset": [218, 226]}, {"key": "united-states-dollars", "type": "definition", "offset": [246, 267]}, {"key": "cash-consideration", "type": "clause", "offset": [288, 306]}, {"key": "at-the-closing", "type": "definition", "offset": [310, 324]}, {"key": "to-sellers", "type": "clause", "offset": [377, 387]}, {"key": "the-deposit", "type": "clause", "offset": [412, 423]}, {"key": "closing-date-payment", "type": "definition", "offset": [430, 450]}, {"key": "payment-required", "type": "clause", "offset": [526, 542]}, {"key": "made-pursuant-to", "type": "clause", "offset": [549, 565]}, {"key": "other-provision", "type": "clause", "offset": [570, 585]}, {"key": "transfer-of", "type": "definition", "offset": [623, 634]}, {"key": "immediately-available-funds", "type": "definition", "offset": [635, 662]}, {"key": "bank-account", "type": "clause", "offset": [671, 683]}, {"key": "in-writing", "type": "definition", "offset": [707, 717]}, {"key": "applicable-party", "type": "definition", "offset": [725, 741]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [749, 767]}, {"key": "prior-to-the", "type": "clause", "offset": [832, 844]}], "size": 3, "snippet": "The aggregate consideration (collectively, the \u201cPurchase Price\u201d) to be paid by Purchaser for the purchase of the Acquired Assets shall be: (i) the assumption of Assumed Liabilities and (ii) a cash payment in an amount equal to forty five million United States Dollars ($45,000,000) (the \u201cCash Consideration\u201d). At the Closing, Purchaser shall deliver, or cause to be delivered, to Sellers Cash Consideration less the Deposit (the \u201cClosing Date Payment\u201d) and shall assume the Assumed Liabilities. The Cash Consideration and any payment required to be made pursuant to any other provision hereof shall be made in cash by wire transfer of immediately available funds to such bank account as shall be designated in writing by the applicable Party to (or for the benefit of) whom such payment is to be made at least two (2) Business Days prior to the date such payment is to be made.", "samples": [{"hash": "a8Y4ZyAL4Gs", "uri": "/contracts/a8Y4ZyAL4Gs#consideration-payment", "label": "Asset Purchase Agreement (Complete Solaria, Inc.)", "score": 35.5954818726, "published": true}, {"hash": "8r0kNNZmkTw", "uri": "/contracts/8r0kNNZmkTw#consideration-payment", "label": "Asset Purchase Agreement (Sunpower Corp)", "score": 35.5954818726, "published": true}], "hash": "1aebad261b36e9e9e5a8754007298bea", "id": 9}, {"snippet_links": [{"key": "in-consideration-of-the", "type": "clause", "offset": [4, 27]}, {"key": "agreed-to", "type": "clause", "offset": [56, 65]}, {"key": "make-payment", "type": 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"in-force", "type": "definition", "offset": [1780, 1788]}, {"key": "service-tax", "type": "clause", "offset": [1820, 1831]}, {"key": "contract-tax", "type": "definition", "offset": [1840, 1852]}, {"key": "value-added-tax", "type": "clause", "offset": [1854, 1869]}, {"key": "other-tax", "type": "definition", "offset": [1877, 1886]}, {"key": "the-state-government", "type": "definition", "offset": [1912, 1932]}, {"key": "central-government", "type": "definition", "offset": [1934, 1952]}, {"key": "other-authority", "type": "clause", "offset": [1960, 1975]}, {"key": "agreement-or", "type": "definition", "offset": [2256, 2268]}, {"key": "entered-into", "type": "clause", "offset": [2276, 2288]}, {"key": "the-buyer-shall", "type": "clause", "offset": [2329, 2344]}, {"key": "all-actions", "type": "clause", "offset": [2491, 2502]}, {"key": "charges-and-expenses", "type": "clause", "offset": [2531, 2551]}, {"key": "other-liabilities", "type": "definition", "offset": [2601, 2618]}, {"key": "by-the-sellers", "type": "clause", "offset": [2643, 2657]}, {"key": "consultant-shall", "type": "clause", "offset": [2672, 2688]}, {"key": "by-the-buyer", "type": "clause", "offset": [2697, 2709]}, {"key": "date-of-possession", "type": "clause", "offset": [2727, 2745]}, {"key": "charges-for", "type": "clause", "offset": [2751, 2762]}, {"key": "additional-work", "type": "definition", "offset": [2777, 2792]}, {"key": "relating-to", "type": "definition", "offset": [2803, 2814]}, {"key": "the-request", "type": "clause", "offset": [2832, 2843]}, {"key": "additional-facilities", "type": "clause", "offset": [2883, 2904]}, {"key": "by-the-purchaser", "type": "clause", "offset": [2969, 2985]}, {"key": "betterment-fees", "type": "clause", "offset": [2995, 3010]}, {"key": "taxes-and-other-levies", "type": "clause", "offset": [3011, 3033]}, {"key": "by-the-government", "type": "clause", "offset": [3050, 3067]}, {"key": "time-for-payment", "type": "clause", "offset": [3236, 3252]}, {"key": "the-contract", "type": "definition", "offset": [3291, 3303]}, {"key": "making-payment", "type": "clause", "offset": [3365, 3379]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [3423, 3446]}, {"key": "claim-interest", "type": "clause", "offset": [3494, 3508]}, {"key": "rate-of", "type": "clause", "offset": [3516, 3523]}, {"key": "per-annum", "type": "definition", "offset": [3528, 3537]}, {"key": "subject-to", "type": "clause", "offset": [3574, 3584]}, {"key": "default-shall", "type": "definition", "offset": [3756, 3769]}, {"key": "period-of", "type": "definition", "offset": [3785, 3794]}, {"key": "thirty-days", "type": "clause", "offset": [3795, 3806]}, {"key": "to-determine", "type": "definition", "offset": [3905, 3917]}, {"key": "liquidated-damages", "type": "definition", "offset": [4051, 4069]}, {"key": "and-the-purchaser", "type": "clause", "offset": [4070, 4087]}, {"key": "the-balance", "type": "clause", "offset": [4127, 4138]}, {"key": "agreement-for-sale", "type": "clause", "offset": [4186, 4204]}, {"key": "another-person", "type": "clause", "offset": [4210, 4224]}, {"key": "the-purchaser-shall", "type": "clause", "offset": [4276, 4295]}, {"key": "enter-into-agreements", "type": "clause", "offset": [4435, 4456]}, {"key": "sale-and-transfer", "type": "clause", "offset": [4461, 4478]}, {"key": "person-or-persons", "type": "clause", "offset": [4494, 4511]}, {"key": "purchaser-and-the", "type": "clause", "offset": [4549, 4566]}, {"key": "and-covenants", "type": "clause", "offset": [4631, 4644]}, {"key": "agreed-and", "type": "definition", "offset": [4864, 4874]}, {"key": "amounts-payable", "type": "definition", "offset": [4974, 4989]}, {"key": "to-serve", "type": "definition", "offset": [5101, 5109]}, {"key": "notice-or-demand", "type": "clause", "offset": [5114, 5130]}, {"key": "additional-materials", "type": "clause", "offset": [5209, 5229]}, {"key": "been-agreed", "type": "clause", "offset": [5276, 5287]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [5293, 5311]}, {"key": "the-building", "type": "definition", "offset": [5329, 5341]}, {"key": "proportionate-share", "type": "clause", "offset": [5395, 5414]}, {"key": "common-portions", "type": "clause", "offset": [5470, 5485]}, {"key": "sole-discretion", "type": "definition", "offset": [5591, 5606]}], "size": 11, "snippet": "4.1 In consideration of the aforesaid the Purchaser has agreed to make payment of an aggregate sum of Rs\u2026\u2026\u2026\u2026\u2026\u2026../- (Rupees \u2026\u2026\u2026\u2026. \u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026 only) (hereinafter called the CONSIDERATION AMOUNT) (which amount includes the cost of construction of the said Unit, car parking space, common parts and common facilities)\n4.2 The Purchaser out of the said Consideration amount at or before execution of this Agreement has paid to the Sellers /Developers a sum of Rs\u2026\u2026\u2026\u2026\u2026./- (Rupees \u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026.only) towards the application money for the allotment of the said Unit, which has been adjusted against the total consideration amount and the said consideration amount to be paid in respect of the said Unit shall be paid in the manner provided for in the SCHEDULE hereunder written.\n4.3 The entirety of the consideration amount will be paid to the Sellers / Developers and all amounts paid to the Sellers / Developers shall be a complete discharge of the obligation of the Purchaser to make payment under this agreement and/or in respect of the said Unit .\n4.4 In addition to the aforesaid consideration the Purchaser has also agreed to pay to the Sellers / Developers various amounts as and by way of Refundable Deposit (more fully and particularly mentioned and described in the SCHEDULE hereunder written) and Non Refundable Deposits (more fully and particularly mentioned and described in the SCHEDULE) and payment of such amounts shall be made at or before taking over possession of the said Unit and in addition the Purchaser agrees to make payment of the charges in respect of: Obligation Regarding Taxes : In the event of the Sellers/Developers being made liable for payment of any tax (excepting Income Tax), duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as Service Tax , Works Contract Tax, Value Added Tax or any other tax and imposition levied by the State Government, Central Government or any other authority or body) or if the Sellers/Developers are advised by its consultant that the Sellers/Developers are liable or shall be made liable for payment of any such tax , duty, levy or other liability on account of the Sellers/Developers having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Buyer shall be liable to pay all such tax, duty, levy or other liability and hereby indemnifies and agrees to keep the Sellers/Developers indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, duties, levies or other liabilities so imposed or estimated by the Sellers\u2019 /Developers\u2019 consultant shall be paid by the Buyer at or before the Date of Possession.\n4.5 Charges for providing any additional work in and/or relating to the said Unit at the request of the Purchaser and for providing any additional facilities or utility for the said Unit shall be paid borne and discharged by the Purchaser.\n4.6 All betterment fees taxes and other levies charges imposed by the Government or any other authority relating to the said \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 and/or the said Unit shall be paid and borne by the Purchaser proportionate to his/ her/ its interest therein.\n4.7 Time for payment shall always remain as the essence of the contract. In the event of any default on the part of the Purchaser in making payment of any of the amounts agreed to be paid in terms of this Agreement. The Sellers / Developers shall be entitled to claim interest at the rate of 18% per annum on the amount remaining outstanding subject to what is hereinafter appearing.\n4.8 In the event of any default on the part of the Purchaser in making payment of any of the amounts in terms of this Agreement and if such default shall continue for a period of thirty days from the same becoming due the Sellers /Developers shall be entitled to and are hereby authorised to determine and/or rescind this Agreement and forfeit a sum equivalent to TEN percent of the consideration amount as and by way of predetermined liquidated damages and the Purchaser hereby consents to the same and refund the balance upon the Sellers / Developers entering into an agreement for sale with another person in respect of the said Unit. Upon such termination the Purchaser shall cease to have any right or claim under this Agreement and/or in respect of the said Unit and the Sellers / Developers shall be entitled to enter into agreements for sale and transfer with any other person or persons without any claim on the part of the Purchaser and the Purchaser hereby consents to the same.\n4.9 The Purchaser agrees and covenants not to claim any right or possession over and in respect of the said Unit till such time the Purchaser has made and/or deposited all the amounts herein agreed to be paid or deposited by the Purchaser.\n4.10 It is hereby agreed and declared that the Purchaser has agreed and committed himself/herself/itself to make payment of the amounts payable in terms or these presents and it shall not be obligatory or necessary on the part or the Sellers / Developers to serve any notice or demand on the Purchaser.\n4.11 In the event of the Sellers / Developers providing any additional materials facilities or gadgets over and above what has been agreed upon for the benefit of the residents of the building the Purchaser shall be liable to make payment of the proportionate share in respect thereof and the same shall form part of the common portions. However, whether such additional facilities or amenities are to be provided for will be entirety at the sole discretion of the Sellers / Developers and the Purchaser hereby consents to the same.", "samples": [{"hash": "cbosKeYyiRv", "uri": "/contracts/cbosKeYyiRv#consideration-payment", "label": "Partnership Agreements", "score": 26.4855861664, "published": true}], "hash": "6f60873afb4225505310b8799499de94", "id": 2}, {"snippet_links": [{"key": "subject-to", "type": "clause", "offset": [0, 10]}, {"key": "pursuant-to-section", "type": "definition", "offset": [26, 45]}, {"key": "aggregate-consideration", "type": "clause", "offset": [55, 78]}, {"key": "paid-by-purchaser", "type": "clause", "offset": [122, 139]}, {"key": "purchase-of-the-acquired-assets", "type": "clause", "offset": [148, 179]}, {"key": "assumption-of-assumed-liabilities", "type": "clause", "offset": [198, 231]}, {"key": "in-the-event-the", "type": "clause", "offset": [302, 318]}, {"key": "estimated-inventory", "type": "definition", "offset": [319, 338]}, {"key": "target-inventory", "type": "clause", "offset": [351, 367]}, {"key": "estimated-property-taxes", "type": "definition", "offset": [633, 657]}, {"key": "the-cash-payment", "type": "clause", "offset": [659, 675]}, {"key": "adjustments-to-the-purchase-price", "type": "clause", "offset": [761, 794]}, {"key": "in-respect-of", "type": "clause", "offset": [795, 808]}, {"key": "allocated-to", "type": "definition", "offset": [841, 853]}, {"key": "the-applicable", "type": "clause", "offset": [854, 868]}, {"key": "purchase-price-for", "type": "clause", "offset": [1032, 1050]}, {"key": "closing-inventory", "type": "definition", "offset": [1051, 1068]}, {"key": "in-consideration-for", "type": "clause", "offset": [1115, 1135]}, {"key": "the-inventory", "type": "clause", "offset": [1136, 1149]}, {"key": "intellectual-property-and", "type": "clause", "offset": [1212, 1237]}, {"key": "acquired-owned-real-property", "type": "definition", "offset": [1310, 1338]}, {"key": "at-the-closing", "type": "definition", "offset": [1599, 1613]}, {"key": "to-the-company", "type": "definition", "offset": [1666, 1680]}, {"key": "equal-to", "type": "definition", "offset": [1691, 1699]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [1764, 1790]}, {"key": "the-items", "type": "definition", "offset": [1795, 1804]}, {"key": "in-clauses", "type": "clause", "offset": [1812, 1822]}], "size": 3, "snippet": "Subject to any adjustment pursuant to Section 2.7, the aggregate consideration (collectively, the \u201cPurchase Price\u201d) to be paid by Purchaser for the purchase of the Acquired Assets shall be: (y) the assumption of Assumed Liabilities and (z) a cash payment (the \u201cCash Payment\u201d) of $35,000,000, (A) plus (in the event the Estimated Inventory exceeds the Target Inventory) the amount, if any, by which the Estimated Inventory exceeds the Target Inventory or (B) minus (in the event the Target Inventory exceeds the Estimated Inventory) the amount, if any, by which the Target Inventory exceeds the Estimated Inventory, and (C) minus the Estimated Property Taxes. The Cash Payment shall be deemed allocated among the Acquired Assets as follows (and any post-Closing adjustments to the Purchase Price in respect of Closing Property Taxes shall be allocated to the applicable category of assets set forth below for which any such adjustments relate):\n(i) $4,500,000 plus or minus (as applicable) 75% of any post-Closing adjustments to the Purchase Price for Closing Inventory pursuant to Section 2.7 shall be deemed to be in consideration for the Inventory;\n(ii) $200,000 shall be deemed to be in consideration for all Intellectual Property and goodwill;\n(iii) $200,000 shall be deemed to be in consideration for the Acquired Owned Real Property located at \u2587\u2587\u2587\u2587\u2587 \u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587, \u2587\u2587\u2587\u2587\u2587, \u2587\u2587 \u2587\u2587\u2587\u2587\u2587;\n(iv) $200,000 shall be deemed to be in consideration for the Acquired Owned Real Property located at \u2587\u2587\u2587\u2587 \u2587 \u2587\u2587\u2587\u2587 \u2587\u2587, \u2587\u2587\u2587\u2587\u2587\u2587\u2587, \u2587\u2587 \u2587\u2587\u2587\u2587\u2587; and\n(v) the Cash Payment less the amounts set forth in Sections 2.1(a)(i) \u2013 At the Closing, Purchaser shall deliver, or cause to be delivered, to the Company an amount equal to (i) the Cash Payment (increased or decreased, as applicable and for the avoidance of doubt, by the items listed in clauses (A), (B) and (C) of Section 2.1(a)(z)), minus", "samples": [{"hash": "5ovGEkVn0oE", "uri": "/contracts/5ovGEkVn0oE#consideration-payment", "label": "Asset Purchase Agreement", "score": 24.2977409363, "published": true}], "hash": "7e055c58ba8593fa1e4b45dae508134a", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih5jb25zaWRlcmF0aW9uLXBheW1lbnQjMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 351, "children": [["payment-schedule", "Payment Schedule"], ["payment-terms", "Payment Terms"], ["reference-to-contract", "Reference to Contract"], ["withholding-of-payment", "Withholding of Payment"], ["payment-does-not-imply-acceptance-of-work", "Payment Does Not Imply Acceptance of Work"]], "parents": [["consideration-payment-closing", "Consideration Payment Closing"], ["execution", "EXECUTION"], ["consideration", "Consideration"], ["entire-agreement", "Entire Agreement"], ["purchase-price", "Purchase  Price"]], "title": "Consideration Payment", "id": "consideration-payment", "related": [["contribution-payment", "Contribution Payment", "Contribution Payment"], ["separation-payment", "Separation Payment", "Separation Payment"], ["retention-payment", "Retention Payment", "Retention Payment"], ["settlement-consideration", "Settlement Consideration", "Settlement Consideration"], ["compensation-payment", "Compensation & Payment", "Compensation & Payment"]], "related_snippets": [], "updated": "2026-04-05T05:59:50+00:00", "also_ask": ["What are the most effective negotiation levers for consideration terms in this context?", "Which payment provisions are essential to avoid unenforceability or disputes?", "What are the most common pitfalls or fatal flaws in consideration clauses?", "How do local laws or industry standards impact the enforceability of payment terms?", "What evidence is typically required in court to prove valid consideration and payment?"], "drafting_tip": "Specify payment amounts and deadlines to prevent disputes; define acceptable payment methods to ensure clarity; address late payment consequences to encourage timely performance.", "explanation": "The Consideration/Payment clause defines the obligations of one party to provide payment or other value in exchange for goods, services, or other contractual benefits. It typically outlines the amount to be paid, the payment schedule, acceptable methods of payment, and any conditions or milestones that must be met before payment is due. For example, it may specify that payment is due within 30 days of invoice receipt or upon completion of certain deliverables. This clause ensures both parties have a clear understanding of financial expectations, reducing the risk of disputes over compensation and supporting the enforceability of the contract."}, "json": true, "cursor": ""}}