Common use of The Intending Clause in Contracts

The Intending. LESSEE/LESSEE undertakes and agrees to pay/refund the LESSOR any further amount or dues as may be notified by the LESSOR, in case the LESSOR is finally obliged to pay any higher sum towards development charges and payment of enhanced compensation towards the cost of acquisition of the land / enhancement in the cost of the land under the said Development Agreements, during the Lease Period or its renewal thereof, without any demur or protest by the Intending LESSEE/LESSEE.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement