Common use of Payment of Total Price Clause in Contracts

Payment of Total Price. The Total Price shall be paid by the Buyer in installments mentioned in Part II of the 6th Schedule below, 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 Unit 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. All payments made by negotiable instruments, shall be made payable at Kolkata and favouring IDEAL UNIQUE REALTORS PRIVATE LIMITED or such name as may be notified. This Agreement shall be deemed to be a notice for payment (Payment Notice) of Total Price and Extras and no separate notice is required to be given to the Buyer for payments due from time to time.

Payment of Total Price. The Total Price shall be paid by the Buyer in installments mentioned in Part II of the 6th Schedule below, 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 Unit 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. All payments made The Total Price shall be paid by negotiable instruments, shall be made payable at Kolkata and favouring IDEAL UNIQUE REALTORS PRIVATE LIMITED ▇▇▇▇▇ ▇▇▇▇▇ Khan / Ideal Unique Realtors Private Limited or such name as may be notified. This Agreement shall be deemed to be a notice for payment (Payment Notice) of Total Price and Extras and no separate notice is required to be given to the Buyer for payments due from time to time.