IFMS definition

IFMS means the interest free maintenance security for the maintenance and upkeep of the Residential Colony to be paid as per the payment plan to the Company or the Maintenance Agency @ Rs. 50 per sq. ft. of the Apartment/Flat area.
IFMS means the interest free maintenance security to be paid by the Applicant(s).
IFMS means the interest free 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 Schedule of payments (attached as Annexure-III A & B to this Application) to the Company or to the Maintenance Agency @ Rs.807.30 per sq. ft (` 75/- per sq. mtr.) of the super area of the Said Apartment.

Examples of IFMS in a sentence

  • A) Payment For The Completed Works Will Be Made Through IFMS Portal, Of Finance Department, Govt.

  • IN NO EVENT SHALL IFM'S LIABILITY UNDER THIS AGREEMENT EXCEED $15,000,000.

  • In addition to the above, the other terms and conditions relating to maintenance services, use of Common Areas and facilities and maintenance, payment of IFMS, sinking fund, maintenance charges, shall be as set out in the maintenance agreement to be executed by the Allottee.

  • Seller’s maps, property books, aerial photos, plans, drawings, specifications, renderings, engineering studies, biological studies particular to the Property, grading or drainage studies, environmental and hazardous waste studies and reports and related data and materials in Seller’s possession relating to the Property, and timber inventory, GIS and IFMS data with respect to the Property (not including proprietary software) (“Personal Property”).

  • In order to secure due performance of the Allottee in payment of the maintenance bills and other charges raised by the MAINTENANCE AGENCY, the Allottee agrees to deposit, as per the schedule of payment and to always keep deposited with the Promoter a Maintenance Security (IFMS) @ Rs. 30/- (Rupees Twenty Five only) per sq.


More Definitions of IFMS

IFMS means the Interest Free Maintenance Security Deposit to be paid by the Applicant for the maintenance and upkeep of the Said Project/ Said Building / Said Apartment to be paid as per the payment plan to the Company or to the Maintenance Agency @ Rs. 50/-( Rupees Fifty Only) per Sq. Ft. of the super area of the Said Apartment.
IFMS means the single national integrated financial management and procurement system to be made available by the Executive to the Provider as part of government policy in respect of Shared Services, including the Finance Reform Programme, and under which certain Shared Services, including with regard to financial management, procurement and related support services, will be provided by the Executive to end users and which will be hosted and administered by the Executive on a shared national platform;
IFMS means the interest free maintenance security @ Rs /- per sq. ft. of the COMMERCIAL SPACE Area to be paid by the allottee in proportion to the area of the COMMERCIAL SPACE to the 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) accepted by State Bank of India at the close of each financial year on 31st March calculated from the date of realization of the amount by the maintenance agency.
IFMS means the interest free maintenance security @ Rs.150/-per sq. ft. of the Unit payable by the Applicant to the Company or to the Maintenance Agency for the maintenance and upkeep of the Complex.
IFMS means Integrated Financial and Management System to be implemented in the Borrower’s ministries, local governments and other departments with a view to improving systems for financial data recording and tracking, and information management;
IFMS means the Interest Free Maintenance Security to be paid by the Allottee for the maintenance and upkeep of the said Project/ said Plot to be paid as per the payment plan to the Company @ Rs. 500/- per sq. yd of the said Plot.
IFMS means Interest-Free Maintenance Security Deposit and shall have the same meaning as ascribed to it in Clause 18.2 of this Agreement.