IBMS definition
IBMS means the interest bearing maintenance security to be paid by the Applicant(s) for the maintenance and upkeep of the Said Complex/ Said Building to be paid as per the Payment Plan (attached as Annexure-III A and B to this Application) to the Company or to the Maintenance Agency @ Rs. 2691/- per sq. mtr. (Rs. 250/- per sq. ft.) on the super area of the Said Apartment. IBMS shall carry a simple yearly interest as per the applicable rates on fixed deposits accepted by State Bank of India at the close of each financial year on 31st March to be adjusted in the manner to be stated in the Agreement.
IBMS means the interest bearing maintenance security to be paid by the Applicant(s).
IBMS means an amount deposited/ in the process of depositing as per the super area of the Said Apartment by the User as maintenance security with the Company/Maintenance Agency for providing the Maintenance Services and utilities, carrying simple interest, as per the applicable rates on one year fixed deposits accepted by State Bank of India, at the close of each financial year on 31st March, calculated from the date of realization of amount by the Company/ Maintenance Agency and which is to be adjusted/transferred in the manner as provided in the Apartment Buyers Agreement.
Examples of IBMS in a sentence
Common shafts are provided for networking and IBMS, with doors for access.
THIS PARAGRAPH DOES NOT NULLIFY IBM'S WARRANTY OBLIGATIONS UNDER THIS AGREEMENT.
THE DISCLAIMERS AND EXCLUSIONS IN THIS SECTION ALSO APPLY TO ANY OF IBM'S PROGRAM DEVELOPERS AND SUPPLIERS.
IBM CONSIDERS THIS INFORMATION TO BE CONFIDENTIAL AND REQUESTS THAT YOU NOT REVEAL ITS CONTENTS TO THIRD PARTIES WITHOUT IBM'S PRIOR WRITTEN CONSENT.
If, due to such adjustment in the principal amount, the IBMS falls below the agreed sum of Rs. 598/- per sq.
More Definitions of IBMS
IBMS means the interest bearing maintenance security to be paid by the Applicant for the maintenance and upkeep of the Said Complex/ Said Building to be paid as per the payment plan to the Company or to the Maintenance Agency @ Rs. 50/ - per sq. ft. of the super area of the Dwelling Unit .
IBMS means the interest bearing maintenance security to be paid by the Allottee(s) for the maintenance and upkeep of the Said Complex/ Said Building to be paid as per the Schedule of payments (attached as Annexure III A & III B as applicable to this Agreement) to the Company or to the Maintenance Agency @ Rs. 2153 per sq. mtr (Rs. 200/- per sq. ft.) of the Super Area of the Said Apartment. IBMS shall carry a simple yearly interest as per the applicable rates on fixed deposits accepted by State Bank of India at the close of each financial year on 31st March.
IBMS means the interest bearing maintenance security of Rs. (@Rs. 200/- per sq. ft of Super Area of the Said Apartment or about Rs Per Sq. Ft. of Carpet Area of apartment) to be paid by the Applicant to the Association of Apartment Owners/Maintenance Agency for the maintenance and upkeep of the Said Project carrying a simple yearly interest as per the applicable rates on fixed deposits (applicable to one year fixed deposit) calculated from the date of realization of the amount by the Association of Apartment Owners/Maintenance Agency.
IBMS means an amount deposited/ in the process of depositing as per the super area of the Said Independent Floor by the User as maintenance security with the Company/Maintenance Agency for providing the Maintenance Services and utilities, carrying simple interest, as per the applicable rates on one year fixed deposits accepted by State Bank of India, at the close of each financial year on
IBMS means the interest bearing maintenance security to be paid by the Allottee(s) for the maintenance and upkeep of the Said Complex/ Said Building to be paid as per the Schedule of payments (attached as annexure-III A, B and C to this Agreement) to the Company or to the Maintenance Agency @ Rs. 1345.50 (One Thousand Three Hundred fourty five and paisa fifty only) per sq. mtr (Rs. 125/- (One Hundred and Twenty Five only) per sq. ft.) of the Super Area of the Said Apartment. IBMS shall carry a simple yearly interest as per the applicable rates on fixed deposits accepted by State Bank of India at the close of each financial year on 31st March.
IBMS license rights granted in this section 5.1 shall be revocable by NCD only if IBM terminates the Alliance Agreement without cause prior to the date that IBM's minimum order quantity obligation takes effect pursuant to section 4.3 of Article 2-Manufacturing. Otherwise, the licenses granted hereunder shall be irrevocable notwithstanding termination or expiration of the Alliance Agreement.
IBMS means an amount of Rs.25/- per sq. ft. of the Built Up Area of the Said Apartment, to be paid by the User as security for the due performance of his obligation by the User regarding payment of the Maintenance Charges, to the Maintenance Agency, which shall carry a simple yearly interest as per the applicable rates on fixed deposits accepted by State Bank of India at the close of each financial year on 31st March, to be adjusted in the manner to be stated in the Agreement.