Terms of Usage. The Lessee/Client may use the address for its business correspondence. The Lessee/Client is only permitted to use the Office Address as their principal address for GST Registration, provided Lessee/Client bears the responsibility for compliance with all the necessary provisions of the Companies Act / GST Laws etc. ▇▇▇▇▇▇/Client hereby agrees to maintain the books of accounts at the space. Non-compliance with respect to non-maintenance of books of accounts shall be on the Lessee/Client. The licensee is not allowed to use this address as their primary registered office of the business with the Ministry of Corporate Affairs or Local Government-bodies. The Lessee/Client is not allowed to avail any credit facility, whether relating to any loans or any other forms of credit line, on this address. Lessee/ Client has agreed to take the same on license fee of Rs.xxxxxx/ per year, License fees are payable in advance. Any dues/delays in the License fees will cause the termination of the Services/Agreement on the expiration date set forth at the time of signup or payment. For late payments of renewals, the Client/ Licensee has to pay an additional INR 500 penalty per day, in addition to renewal license fees, for delay in payment. If interested, the Lessee/Client will be required to pay a service retainer / deposit fees of INR 1000+GST, at any time during the agreement, in case it wishes to use the “Courier Forwarding” facility. This amount will be kept separately from Subscription fees. This is an optional service for the Lessee/Client. Lessee/Client has to replenish the deposit when it reaches the minimum level. When the Lessee/Client terminates the service, the entire balance of the deposit amount will be refunded to the Lessee/Client.
Appears in 1 contract
Sources: Leave and License Agreement
Terms of Usage. The Lessee/Client may use the address for its business correspondence. The Lessee/Client is only permitted to use the Office Address as their principal Business correspondence address for GST RegistrationStatutory compliances, provided Lessee/Client bears the responsibility for compliance with all the necessary provisions of the Companies Act / GST Laws Statutory compliances etc. ▇▇▇▇▇▇/Client hereby agrees to maintain the books of accounts at the space. Non-compliance with respect to non-maintenance of books of accounts shall be on the Lessee/Client. .The licensee is not allowed to use this address as their primary registered office of the business with the Ministry of Corporate Affairs or Local Government-bodies. The Lessee/Client is not allowed to avail any credit facility, whether relating to any loans or any other forms of credit line, on this address. Lessee/ Client has agreed to take the same on license fee of Rs.xxxxxx/ per year, License fees are payable in advance. Any dues/delays in the License fees will cause the termination of the Services/Agreement on the expiration date set forth at the time of signup or payment. For late payments of renewals, the Client/ Licensee Lessee/Client has to pay an additional INR 500 penalty per day, in addition to renewal license fees, for delay in payment. If interested, the Lessee/Client will be required to pay a service retainer / deposit fees of INR 1000+GST, at any time during the agreement, in case it wishes to use the “Courier Forwarding” facility. This amount will be kept separately from Subscription fees. This is an optional service for the Lessee/Client. Lessee/Client has to replenish the deposit when it reaches the minimum level. When the Lessee/Client terminates the service, the entire balance of the deposit amount will be refunded to the Lessee/Client.
Appears in 1 contract
Sources: Leave and License Agreement
Terms of Usage. The Lessee/Client may use the address for its business correspondence. The Lessee/Client is only permitted to use the Office Address as their principal address for GST Registration, “Registered Office Address” provided Lessee/Client the client bears the responsibility for compliance with all the necessary provisions of the Companies Act / other relevant laws such as GST Laws etc. ▇▇▇▇▇▇/Client hereby agrees to maintain The client can also use the books of accounts at Office Address for obtaining registering the space. Non-business, GST, Bank Account and government licenses, only after taking written permission from the Licensor through an NOC (which is attached) The client bears the responsibility for compliance with respect to non-maintenance all the necessary provisions of books of accounts shall be on the Lessee/Clientsuch relevant laws such as GST etc. for which permission is sought. The licensee client is not allowed to use this address as their primary registered office of the business with the Ministry of Corporate Affairs or Local Government-bodies. The Lessee/Client is not allowed permitted to avail any credit facility, whether relating to any loans or any other forms of credit line, on this address. Lessee/ Client has agreed to take the same on license fee of Rs.xxxxxx/ per year, License fees are payable in advance. Any dues/delays in the License fees will cause the termination of the Services/Agreement on the expiration date set forth at the time of signup or payment. For late payments of renewals, the Client/ Licensee client has to pay an additional INR 500 penalty per day, in addition to renewal license fees, for delay in payment. If interested, the Lessee/Client client will be required to pay a service retainer / deposit fees of INR 1000+GST, at any time during the agreement, in case it wishes to use the “Courier Forwarding” facility. This amount will be kept separately from Subscription fees. This is an optional service for the Lessee/Clientclient. Lessee/Client has to replenish the deposit when it reaches the minimum level. When the Lessee/Client client terminates the service, the entire balance of the deposit amount will be refunded to the Lessee/Clientclient. The client can receive registered and certified mail at the premises. Service Provider will receive up to 10 letters or packages per month free of charge for the client. For additional letters or packages, Service Provider will charge a handling fee of Rs.10 per letter / package. Service Provider will not accept packages more than 5 Kg of weight or 1 cubic feet size. The client can pick up the mails from the location free of cost. Service Provider shall not liable for any mail not collected within 30 days from the date of receipt-date of the package at the Premise.
Appears in 1 contract
Sources: Leave and License Agreement
Terms of Usage. The Lessee/Client may use the address for its business correspondence. The Lessee/Client Licensee is only permitted to use the Office office Address as their principal address for GST RegistrationRegistration and its Business Correspondence, provided Lessee/Client the licensee bears the responsibility for compliance with all the necessary provisions of the Companies Act / GST Laws laws, etc. and ▇▇▇▇▇▇/Client hereby ▇ agrees to maintain the books of accounts at the spaceas per GST law. Non-compliance with respect to non-maintenance of books of accounts shall be on the Lessee/ClientLicensee. The licensee Licensee is not allowed to use this address as their primary registered office principal place of the business with the Ministry of Corporate Affairs or Local Government-bodiesGST. The Lessee/Client is not allowed to Licensee can never avail any credit facility, whether relating to any loans or any other forms of credit line, on this address. Lessee/ Client has agreed Licensor permits the licensee to take use the same address of the licensed premises on license fee of Rs.xxxxxx/ per yearhis Visiting cards, Letterheads, E-mails, Websites, Google Listings and for all business Communications License fees are payable in advance. Any dues/delays dues in the License fees will cause the termination of the Services/Agreement Services on the expiration date set forth at the time of signup or payment. For late payments of renewalspayments, (if acceptable to the Client/ Licensor) the Licensee has to pay an additional INR 500 penalty per every day, in addition to renewal license fees, for delay in payment. If interested, the Lessee/Client Licensee will be required to pay a service retainer / deposit fees of INR 1000+GST, at any time during the agreement, in case it wishes to use the “Courier Forwarding” facility. This amount will be kept separately from Subscription fees. This is an optional service for the Lessee/Client. Lessee/Client Licensee has to replenish the deposit when it reaches the minimum level. When the Lessee/Client Licensee terminates the service, the entire balance of the deposit amount will be refunded to the Lessee/ClientLicensee. Licensee can receive registered and certified mail at the premise. Licensor will receive up to 10 letters or packages per month free of charge for Licensee. For additional letters or packages, Licensor will charge a handling fee of Rs.10 per letter / package. Licensor will not accept packages more than 5 Kg of weight or 1 cubic feet size. Licensee can pick up the mails from the location free of cost. Licensor shall not liable for any mail not collected within 30 days from the date of receipt-date of the package at the Premise.
Appears in 1 contract
Sources: Leave and License Agreement