RECEIPT AND MEMO OF CONSIDERATION Clause Samples
The "Receipt and Memo of Consideration" clause serves to formally acknowledge that a party has received payment or other consideration as specified in the agreement. In practice, this clause typically states that the seller or service provider confirms receipt of the agreed-upon funds, goods, or services, and may also outline the nature and sufficiency of the consideration exchanged. Its core function is to provide clear evidence of the transaction, reducing the risk of future disputes over whether payment or consideration was properly delivered and accepted.
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RECEIPT AND MEMO OF CONSIDERATION. The Promoter/Owner confirms having received from the Purchasers/Allottee a sum of Rs. …………./- (Rupees Only) towards
RECEIPT AND MEMO OF CONSIDERATION. RECEIVED of and from the within named Allottee the within mentioned sum of Rs. (Rupees ) only being the consideration in full payable under these presents to the Promoter by ▇▇▇▇▇▇▇ /pay order / demand draft and/or in cash. Unless, in this agreement, there be something contrary or repugnant to the subject or context:
RECEIPT AND MEMO OF CONSIDERATION. RECEIVED from the withinnamed Allottee the withinmentioned sum of Rs. /- (In Words) being the consideration in full payable under these presents as per memo written hereinbelow:-
RECEIPT AND MEMO OF CONSIDERATION. RECEIVED of and from the within named Vendee the withinmentioned sum of Rs. .00 (Rupees
RECEIPT AND MEMO OF CONSIDERATION. Sl. No. Cheque/DD No. Date Name of the Bank Amount (in Rs.)
RECEIPT AND MEMO OF CONSIDERATION. The Promoter/Owner confirms having received from the Purchasers/Allottee a
RECEIPT AND MEMO OF CONSIDERATION. RECEIVED from the withinnamed Purchaser the within mentioned sum of Rs._ _ /- (In Words) being the consideration in full payable under these presents as per memo written hereinbelow:-
RECEIPT AND MEMO OF CONSIDERATION. Received of and from the within named Purchaser the within mentioned sum of Rs. ……………../- (Rupees in Word) on different dates being the consideration in full under these presents by ▇▇▇▇▇▇▇ / pay orders / demand drafts and/or in cash.
RECEIPT AND MEMO OF CONSIDERATION. Received from the within named Assignee the within mentioned sum of Rs.97,002/- (Rupees Ninety Seven Thousand Two only) towards the ▇▇▇▇▇▇▇ /Booking amount for assignment of the Said Flat And Appurtenances described in the Second Schedule above, in the following manner: Signature Signature Name Name Dear ▇▇▇, This is for your kind information that we have allotted the Flat No….. , Block No , on …….. floor of “Lumina” situated at Group Housing, Plot-B, Uttorayon Township, Matigara, Dist. Darjeeling, West Bengal to Mr. ……………………… Thanking You,
RECEIPT AND MEMO OF CONSIDERATION. RECEIVED from the within named Purchaser the within mentioned sum of Rs /- Note: TDS @ 1% Deducted from respective Amount Rs. …………… TOTAL Rs. ………………. ( ) only (Signature of the Promoter)