Infrastructure Maintenance Charges definition

Infrastructure Maintenance Charges means the costs, expenses and charges related to maintenance, management, upkeep of the Specified Infrastructure of the Integrated Development, including but not limited to, those listed out in Part II of the Seventh Schedule written hereunder and which shall be shared proportionately between the Co- Buyers / Co-Occupiers of the Integrated Development;

Examples of Infrastructure Maintenance Charges in a sentence

  • In the event that, the Allottee delays in making payment towards any amount which is payable hereunder (including but not limited to any Dues, Common Charges and Expenses, Infrastructure Maintenance Charges and/or holding charges), he/she/it shall be liable to pay interest at the rate prescribed in Rule 18 of the Rules.