Crore (Rupees Sixteen Crore Fifty Lakh Only) Sample Clauses

This clause specifies a monetary amount, namely sixteen crore fifty lakh rupees, which is equivalent to 165,000,000 Indian Rupees. Such a clause is typically used to define the value of a contract, a payment obligation, a liability cap, or a financial threshold within an agreement. By clearly stating the exact sum involved, the clause ensures there is no ambiguity regarding the financial terms, thereby preventing disputes and providing certainty to all parties about the amount in question.