Additional Liabilities Sample Clauses
Additional Liabilities. If any judgment, writ, warrant, attachment or execution or similar process that calls for payment or presents liability in excess of $100,000 is rendered, issued or levied against any Borrower or any of its properties or assets and such liability is not paid, waived, stayed, vacated, discharged, settled, satisfied or fully bonded within thirty (30) calendar days after it is rendered, issued or levied.
Additional Liabilities. The following are not included in the Total Price/Agreed Consideration and the Allottee has agreed and undertakes to pay the following within 15 (fifteen) days of demand without raising any objection whatsoever regarding the same:
Additional Liabilities. The creation or existence from time to time of additional Liabilities to the Administrative Agent or any Lender Party or any of them is hereby authorized, without notice to the undersigned [(or any of them)], and shall in no way affect or impair the rights of the Administrative Agent or any Lender Party or the obligations of the undersigned under this Guaranty.
Additional Liabilities. Promptly, but in any event within five (5) Business Days, inform Lender in writing (a) in the event any litigation, claim, investigation, administrative proceeding or similar action affecting Borrower which could reasonably be expected to have a Material Adverse Effect is filed or threatened against Borrower, and (b) of the creation, occurrence or assumption by Borrower of any actual or contingent liabilities not permitted under this Agreement.
Additional Liabilities. Sellers shall not engage in the commencement of any litigation, arbitration or governmental proceedings without Purchaser’s prior written consent. In the event that any liabilities or obligations are created in violation of this Agreement, then Purchaser may offset the amount of such liability or obligation against any amount payable to Sellers under any other provision of this Agreement.
Additional Liabilities. It is not the parties intention for the Managing Joint Venturer to incur any additional liabilities for the performance of the duties of Managing Joint Venturer.
Additional Liabilities. The creation or existence from time to time of additional Liabilities to any Lender Party is authorized, without notice to the any of the undersigned, and shall in no way affect or impair the rights of the Administrative Agent or any other Lender Party or the obligations of the undersigned under this Guaranty.
Additional Liabilities. The following are not included in the Total Price/Agreed Consideration and the Allottee has agreed and undertakes to additionally pay each of the follow- ing within the time specified regarding the same or within 15 (fifteen) days of demand, in case no time is specified, without raising any objection whatsoever regarding the same:
(i) Goods and Services Tax (GST) payable on the Total Price/Agreed Consideration and/or on construction / sale/ transfer of the said Apartment Unit to the Allottee and/or on any amount payable by the Allottee under this Agreement or pursuant hereto including on the Additional Liabilities and the Deposits and payments of the same shall be made on or before the date the same is payable as per law or along with the payment of the respective instal- ment or within 15 days of demand by the Promoter, whichever is the earliest.
(ii) Legal Fees at the rate of Rs. /- per square feet of the Super Built-up Area payable directly to the Project Advocates; 50 per cent of which shall be paid on or before the execution of Agreement for Sale and the balance 50 per cent shall be paid on or before the Date of Possession or the date of execution of the Deed of Conveyance, whichever is earlier.
(iii) VRV/Air conditioning charges (only for outdoor unit), Electricity, Transformer HT/LT charges, Generator Charges, Advance Maintenance Charges and Association Formation Charges at the rate of Rs. /- per square feet of the Super Built-up Area payable to the Promoter
(iv) Betterment and/or development charges and any other tax, duty levy, cess, or charge that may be imposed or charged, if any, in connection with construction or transfer of the said Apartment Unit in favour of the Allottee.
(v) Stamp duty and registration fee together with miscellaneous and inci- dental costs, charges and expenses for registration of each document and all other taxes, levies and other allied expenses relating to this Agreement for Sale, the Deed of Conveyance and all other papers and documents that may be required to be executed and/or registered in pursuance hereof and/or relating to the said ApartmentUnit and/or the Common Areas and Facilities and any additional/deficit stamp duty, additional/deficit registration fee, penalty, inter- est or any other levy, if any, that may be imposed in this regard at any time.
(vi) Price, cost, charges and expenses levied by the Promoter for any addi- tional or extra work done and/or any additional amenity or facility provided and/or for a...
Additional Liabilities. 50 7.1.13. Material Adverse Change . . . . . . . . . . . . . . 50 -vi-
Additional Liabilities. The creation or existence from time to time of additional Liabilities to the Trustee or the Noteholders or any of them is hereby authorized, without notice to any Guarantor, and shall in no way affect or impair the rights of the Trustee or the Noteholders or the obligations of any Guarantor under this Guarantee, including any Guarantor’s guarantee of such additional Liabilities.