Common use of Extras & Deposits Clause in Contracts

Extras & Deposits. As included in the Total Price as referred to in Clause 1.2.2 of this Agreement, the Allottee has agreed to pay the following amount to the Promoter (Extras & Deposits): Advance Maintenance Charges- This amount is Rs. /- payable against 12 months advance maintenance charges for the said Apartment Sinking Fund- This amount is payable as funds for future repairs replacement, improvements and developments in the said Project. This amount shall be and/or may be adjusted against any arrears in maintenance charges and/or applicable taxes as the Promoter or the Association deem fit and proper. Rs. /- Transformer Charges & Electricity Charges- This amount is payable for the said Apartment as reimbursement of all costs, incidentals, charges and expenses to be incurred by the Developer in making arrangement with WBSEDC Ltd. and/or any other authorities for providing and installing transformer at the said Project. Provided the Allottee shall pay the Deposit to West Bengal State Electricity Board directly on account of Individual Meter. Rs. /- Legal and Documentation Charges Rs. /- Association Formation Charges Rs. /- Diesel Generator Power Backup- This amount is payable for the installation of Diesel Generator (“DG”) for power backup to run the basic facilities in the Project. The maximum load that will be provided for Apartment – KW / Apartment – KW, Rs. /- VRV Air Conditioning Charges Rs. /- Property tax deposit- This amount is payable against proportionate share of Property Tax for the said Apartment for twelve months. Rs. /- Transfer / Assignment Fees For HIDCO, If Applicable (T/A Fees) On Actuals Total Extras and Deposits (in Rupees) Rs. /- + T/A Fees 41.2 Electricity supply/DG back-up: In case the West Bengal State Electricity Distribution Company Limited (“WBSEDCL”) /any other electricity supply agency decides not to provide individual meters to the Building(s) and makes provision for a High Tension Supply or Bulk Supply, the Promoter shall provide individual sub-meters to the Allottees upon payment by them of the proportionate security deposit payable to WBSEDCL / any other electricity supply agency for such connection. The exact amount payable by the Allottee will be intimated to the Allottee before possession. The amount of security deposit would be subject to revision as may be so decided by WBSEDCL / any other electricity supply agency from time to time and all Allottees shall, at all times, be liable to proportionately pay such revision/replenishment to WBSEDCL / any other electricity supply agency, as per the norms of WBSEDCL / any other electricity supply agency. In such a case the Allottee may be required to enter into a separate agreement with the Promoter for supply of electricity through sub meters.

Extras & Deposits. As included in the Total Price as referred to mentioned in Clause 1.2.2 of this Agreement, the Allottee Allottees has agreed to pay the following amount to the Promoter (Extras & Deposits): Advance Maintenance Charges- This amount is Rs. /- payable against 12 months advance maintenance charges for the said Apartment Rs. /- Sinking Fund- This amount is payable as funds for future repairs replacement, improvements and developments in the said Project. This amount shall be and/or may be adjusted against any arrears in maintenance charges and/or applicable taxes as the Promoter or the Association deem fit and proper. Rs. /- Transformer Charges & Electricity Charges- This amount is payable for the said Apartment as reimbursement of all costs, incidentals, charges and expenses to be incurred by the Developer in making arrangement with WBSEDC Ltd. and/or any other authorities for providing and installing transformer at the said Project. Provided the Allottee Allottees shall pay the Deposit to West Bengal State Electricity Board directly on account of Individual Meter. Rs. /- On Actuals Legal and Documentation Charges (includes Rs. /- Association Formation Charges Rs. /- Diesel Generator Power Backup- This amount is payable for the installation of Diesel Generator (“DG”) for power backup to run the basic facilities in the Project. The maximum load that will be provided for Apartment – KW / Apartment – KW, Rs. /- On Actuals VRV Air Conditioning Charges Rs. /- Property tax deposit- This amount is payable against proportionate share of Property Tax for the said Apartment for twelve months. Rs. /- Transfer / Assignment Fees For HIDCO, If Applicable (T/A Fees) On Actuals Total Extras and Deposits (in Rupees) Rs. /- + T/A Fees 41.2 Electricity supply/DG back-up: In case the West Bengal State Electricity Distribution Company Limited (“WBSEDCL”) /any other electricity supply agency decides not to provide individual meters to the Building(s) and makes provision for a High Tension Supply or Bulk Supply, the Promoter shall provide individual sub-meters to the Allottees upon payment by them of the proportionate security deposit payable to WBSEDCL / any other electricity supply agency for such connection. The exact amount payable by the Allottee will be intimated to the Allottee before possession. The amount of security deposit would be subject to revision as may be so decided by WBSEDCL / any other electricity supply agency from time to time and all Allottees shall, at all times, be liable to proportionately pay such revision/replenishment to WBSEDCL / any other electricity supply agency, as per the norms of WBSEDCL / any other electricity supply agency. In such a case the Allottee may be required to enter into a separate agreement with the Promoter for supply of electricity through sub meters.on actuals