Common use of ADDITIONS OR REPLACEMENTS Clause in Contracts

ADDITIONS OR REPLACEMENTS. (A) As and when any plant and machinery, including but not limited to, DG sets, electric sub-stations, pumps, firefighting equipment or any other plant, machinery and/or equipment of capital nature etc. require replacement, up gradation, additions etc. the cost thereof shall be contributed by all the Row House/Bungalow acquirers in the project on pro-rata basis as specified by the association. the promoter and upon completion the association shall have the sole (B) After deemed taking over possession and/or after handing over maintenance of the Project / Phase to the association, all municipal taxes and other outgoings including maintenance charges payable in respect of the Row House/Bungalow shall be paid borne and discharged by the Allottee. From the end of 3 (three) months from the notice of possession the Allottee shall be liable and pay:

Appears in 2 contracts

Sources: Master Agreement for Sale, Agreement for Sale