No Dues Certificate Sample Clauses
A No Dues Certificate clause requires a party, typically an employee or contractor, to obtain formal confirmation that they have settled all outstanding financial or material obligations before their relationship with the organization ends. In practice, this means the individual must clear any pending payments, return company property, or resolve any other liabilities, and receive a certificate stating that nothing is owed. The core function of this clause is to ensure that all dues are settled and to prevent future disputes over unresolved obligations after the termination of the relationship.
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No Dues Certificate. I have received sum of Rs. In words Rupee in mode of Cash /Cheq. No. in favour of _________________drawn in Bank Name _________________________________towards full and final settlement of all my dues including salary or other claims in relation with my employment with Company________________________________________
No Dues Certificate. PURCHASER(S) shall not assign, transfer, lease, sell, alienate, gift or part with possession of the SAID RESIDENTIAL UNIT, without taking 'No Dues Certificate' from PROMOTER and/or the Maintenance Agency regarding the maintenance charges payable for the Services.
No Dues Certificate. I have received sum of Rs. In words Rupee in mode of Cash /Cheq. No. in favour of
No Dues Certificate
No Dues Certificate. Existing/past concessionaires/licensees of AAI intending to participate in responses to EOI/RFQ/RFP/Tenders should have „NIL‟ outstanding dues in respect of all the units of AAI (where the participating tenderer is operating concessions/licenses or had operated concessions/licenses) as on the scheduled date of submission of RFQ/RFP/Tenders documents. The respective month of submission of tender document vis-a-vis the corresponding quarter to be considered for Outstanding Dues Certificate are indicated below :- Sl. No. Months of submission of RFQ/RFP/ Tenders Quarterly No Dues Certificate required to be submitted alongwith RFQ/RFP/Tenders April the October – December Quarter ending 31st December May For the January – March Quarter ending 31st March June For the January – March Quarter ending 31st March July For the January – March Quarter ending 31st March August For the April - June Quarter ending 30th June September For the April - June Quarter ending 30th June October For the April - June Quarter ending 30th June November For the July – September Quarter ending 30th September December For the July – September Quarter ending 30th September January For the July – September Quarter ending 30th September February For the October – December Quarter ending 31st December March For the October – December Quarter ending 31st December In case, the license award date is shifted to next quarter, due to prolonged tendering process, the tenderers shall have to clear the dues correspondingly upto the preceding quarter before award of the license.