Common use of Payment of Total Price Clause in Contracts

Payment of Total Price. The Total Price shall be paid by the Buyer in the manner mentioned in the charts below, as be applicable to the Buyer, time being the essence of contract. The Buyer agrees and covenants not to claim any right or possession over and in respect of the Said Flat and Appurtenances till such time the Buyer has paid the entirety of the Total Price and the Extras and all other amounts agreed to be paid or deposited under this Agreement. Chart I: Construction Linked Installment Payment Chart (Self-financed or Bank-financed) : Payment Schedule under CLP for Building G+14 1. On Booking Rs. 31,000/- (Rupees thirty one thousand) 2. Within 15 days of booking (Less Booking amount) 20% of Total Consideration + Service Tax as applicable 3. On commencement of piling of the Said Building 10% of Total Consideration + Service Tax as applicable 4. On Ground Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 5. On 2nd Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 6. On 4th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 7. On 6th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 8. On 8th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 9. On 10th Floor Roof Casting of the Said Building 5% of Total Consideration + Service Tax as applicable 10. On 12th Floor Roof Casting of the Said Building 5% of Total Consideration + Service Tax as applicable 11. On Flooring of the Said Flat 5% of Total Consideration + Service Tax as applicable 12. On offer of possession of the Said Flat 5% f Total Consideration + Extras + Service Tax as applicable Chart II: Payment Schedule under CLP for Building G+19: 1. On Booking Rs. 31,000/- (Rupees thirty one thousand) 2. Within 15 days of booking (Less Booking amount) 20% of Total Consideration + Service Tax as applicable 3. On Commencement of piling of the Said Building 10% of Total Consideration + Service Tax as applicable 4. On Completion of Ground Floor Roof Casting 10% of Total Consideration + Service Tax as applicable 5. On 3rd Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 6. On 6th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 7. On 9th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 8. On 12th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 9. On 15th Floor Roof Casting of the Said Building 5% of Total Consideration + Service Tax as applicable 10. On 18th Floor Roof Casting of the Said Building 5% of Total Consideration + Service Tax as applicable 11. On Flooring of the Said Flat 5% of Total Consideration + Service Tax as applicable 12. On offer of possession of the Said Flat 5% f Total Consideration + Extras + Service Tax as applicable Chart III: The Down Payment Schedule for Building G+14 & G+19 1. On Booking Rs. 31,000/- (Rupees thirty one thousand) 2. Within 15 (fifteen) days of booking (less booking amount) 90% (ninety percent) of Total Consideration + Service Tax as applicable 3. On Flooring of the Said Flat 5% (five percent) of Total Consideration + Service Tax 4. On offer of possession 5% (five percent) of Total Consideration + Extras + Service Tax

Payment of Total Price. The Total Price shall be paid by the Buyer in the manner manners mentioned in the charts below, as be applicable to the Buyer, time being the essence of contract. The Buyer agrees and covenants not to claim any right or possession over and in respect of the Said Flat and Appurtenances till such time the Buyer has paid the entirety of the Total Price and the Extras and all other amounts agreed to be paid or deposited under this Agreement. Chart I: Construction Linked Installment Payment Chart (Self-financed or Bank-financed) : Payment Schedule under CLP for Building G+14: 1. On Booking Rs. 31,000/- (Rupees thirty one thousand) 2. Within 15 days of booking (Less Booking amount) 20% of Total Consideration + Service Tax as applicable 3. On commencement Commencement of piling Piling of the Said Building 10% of Total Consideration + Service Tax as applicable 4. On Ground Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 5. On 2nd Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 6. On 4th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 7. On 6th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 8. On 8th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 9. On 10th Floor Roof Casting of the Said Building 5% of Total Consideration + Service Tax as applicable 10. On 12th Floor Roof Casting of the Said Building 5% of Total Consideration + Service Tax as applicable 11. On Flooring of the Said Flat 5% of Total Consideration + Service Tax as applicable 12. On offer of possession of the Said Flat 5% f Total Consideration + Extras + Service Tax as applicable Chart II: Payment Schedule under CLP for Building G+19: 1. On Booking Rs. 31,000/- (Rupees thirty one thousand) 2. Within 15 days of booking (Less Booking amount) 20% of Total Consideration + Service Tax as applicable 3. On Commencement commencement of piling of the Said Building 10% of Total Consideration + Service Tax as applicable 4. On Completion of Ground Floor Roof Casting 10% of Total Consideration + Service Tax as applicable 5. On 3rd Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 6. On 6th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 7. On 9th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 8. On 12th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 9. On 15th Floor Roof Casting of the Said Building 5% of Total Consideration + Service Tax as applicable 10. On 18th Floor Roof Casting of the Said Building 5% of Total Consideration + Service Tax as applicable 11. On Flooring of the Said Flat 5% of Total Consideration + Service Tax as applicable 12. On offer of possession of the Said Flat 5% f Total Consideration + Extras + Service Tax as applicable Chart III: The Down Payment Schedule for Building G+14 & G+19 1. On Booking Rs. 31,000/- (Rupees thirty one thousand) 2. Within 15 (fifteen) days of booking (less booking amount) 90% (ninety percent) of Total Consideration + Service Tax as applicable 3. On Flooring of the Said Flat 5% (five percent) of Total Consideration + Service Tax 4. On offer of possession 5% (five percent) of Total Consideration + Extras + Service Tax

Payment of Total Price. The Total Price shall be paid by the Buyer in the manner mentioned in the charts below, as be applicable to the Buyer, time being the essence of contract. The Buyer agrees and covenants not to claim any right or possession over and in respect of the Said Flat and Appurtenances till such time the Buyer has paid the entirety of the Total Price and the Extras and all other amounts agreed to be paid or deposited under this Agreement. Chart I: Construction Linked Installment Payment Chart (Self-financed or Bank-financed) : Payment Schedule under CLP for Building G+14 1. On Booking Rs. 31,000/- (Rupees thirty one thousand) 2. Within 15 days of booking (Less Booking amount) 20% of Total Consideration + Service Tax as applicable 3. On commencement of piling of the Said Building 10% of Total Consideration + Service Tax as applicable 4. On Ground Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 5. On 2nd Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 6. On 4th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 7. On 6th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 8. On 8th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 9. On 10th Floor Roof Casting of the Said Building 5% of Total Consideration + Service Tax as applicable 10. On 12th Floor Roof Casting of the Said Building 5% of Total Consideration + Service Tax as applicable 11. On Flooring of the Said Flat 5% of Total Consideration + Service Tax as applicable 12. On offer of possession of the Said Flat 5% f Total Consideration + Extras + Service Tax as applicable Chart II: Payment Schedule under CLP for Building G+19: 1. On Booking Rs. 31,000/- (Rupees thirty one thousand) 2. Within 15 days of booking (Less Booking amount) 20% of Total Consideration + Service Tax as applicable 3. On Commencement commencement of piling of the Said Building 10% of Total Consideration + Service Tax as applicable 4. On Completion of Ground Floor Roof Casting 10% of Total Consideration + Service Tax as applicable 5. On 3rd Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 6. On 6th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 7. On 9th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 8. On 12th Floor Roof Casting of the Said Building 10% of Total Consideration + Service Tax as applicable 9. On 15th Floor Roof Casting of the Said Building 5% of Total Consideration + Service Tax as applicable 10. On 18th Floor Roof Casting of the Said Building 5% of Total Consideration + Service Tax as applicable 11. On Flooring of the Said Flat 5% of Total Consideration + Service Tax as applicable 12. On offer of possession of the Said Flat 5% f Total Consideration + Extras + Service Tax as applicable Chart III: The Down Payment Schedule for Building G+14 & G+19 1. On Booking Rs. 31,000/- (Rupees thirty one thousand) 2. Within 15 (fifteen) days of booking (less booking amount) 90% (ninety percent) of Total Consideration + Service Tax as applicable 3. On Flooring of the Said Flat 5% (five percent) of Total Consideration + Service Tax 4. On offer of possession 5% (five percent) of Total Consideration + Extras + Service Tax