Common use of MODE OF PAYMENT Clause in Contracts

MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees shall make all payments and the Developer abiding by the construction milestones, on written demand/e-mail by the Developer, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development Limited’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 6 contracts

Samples: By And, Agreement for Sale, Agreement for Sale

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MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees shall make all payments and the Developer abiding by the construction milestones, on written demand/e-mail by the Developer, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development Limited’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 4 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees shall make all payments Allottee and the Developer abiding by the construction milestones, the Allottee shall make all payments, on written demand/e-mail by the Developer, within the stipulated time as mentioned in the Payment Plan in the Fourth Schedule hereunder or otherwise, through account payee cheque/ local cheques/demand draft/ drafts/banker’s cheque cheques or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development Limited’ Levelz Apartments LLP’. payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees Allottee shall make all payments and the Developer abiding by the construction milestones, on written demand/e-mail by the Developer, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development Limited’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees shall make all payments and the Developer abiding by the construction milestones, on written demand/e-mail by the Developer, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development LimitedLimited – Project Magnolia Sport City’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees Allottee shall make all payments and the Developer Promoter abiding by the construction milestones, on written demand/e-mail by the DeveloperPromoter, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development LimitedPRIMARC-XXXX PROJECTS LLP.’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees shall make all payments and the Developer abiding by the construction milestones, on written demand/e-mail by the Developer, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development LimitedLimited – Project Magnolia Sport City’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 1 contract

Samples: Agreement for Sale

MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees Allottee(s) shall make all payments and the Developer abiding by the construction milestones, on written demand/e-e- mail by the Developer, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ draft/banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development Limited’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 1 contract

Samples: Agreement for Sale

MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees Allottee shall make all payments and the Developer abiding by the construction milestones, on written demand/e-mail by the Developer, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development Torque Realty Private Limited’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 1 contract

Samples: Agreement for Sale

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MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees Allottee shall make all payments and the Developer abiding by the construction milestones, on written demand/e-mail by the Developer, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development LimitedLimited – Project Magnolia Melody’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 1 contract

Samples: Agreement for Sale

MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees Allottee shall make all payments and the Developer abiding by the construction milestones, on written demand/e-mail by the Developer, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development LimitedLimited – Project Magnolia Sport City’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 1 contract

Samples: Agreement for Sale

MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees shall make all payments and the Vendor-Cum- Developer abiding by the construction milestones, on written demand/e-mail by the Vendor-Cum- Developer, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development Limited’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 1 contract

Samples: Agreement for Sale

MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees shall make all payments and the Developer abiding by the construction milestones, on written demand/e-mail by the Developer, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development LimitedMAGNOLIA INFRASTRUCTURE DEVELOPMENT LIMITED’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 1 contract

Samples: Agreement for Sale

MODE OF PAYMENT. 2.1 Subject to the terms of the Agreement, the Allottees Allottee shall make all payments and the Developer abiding by the construction milestones, on written demand/e-mail by the Developer, within the stipulated time as mentioned in the Payment Plan or otherwise, through account payee cheque/ demand draft/ banker’s cheque or online payment (as applicable) in favour of ‘Magnolia Infrastructure Development Limited’ payable at Kolkata or in the manner mentioned in the said demand/email. Outstation cheques shall not be accepted.

Appears in 1 contract

Samples: Agreement for Sale

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