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Builder Owner Agreement India

Global Med-Biz Creator

Builder Owner Agreement India

7. The MMP of the goods delivered by FIRST PARTY corresponds to similar products stored in other first party franchised points of sale in the country and, in view of the above, the SECOND PARTY would be entitled to the commission/margin, which is cross-checked monthly. Any income tax payable is deducted before the release of the margin funds. The Parties shall prepare a report and a mechanism for the apportionment of the Commission and expenses, as explained in this Agreement. 6. If the contracting authority`s contract takes effect from ————— – the FIRST PARTY must ship the goods on the basis of the shipment to the showroom site and deliver them to the SECOND PARTY. The freight of the goods shipped to the shipment is carried by the FIRST PARTY, i.e. the goods/products are delivered to the SECOND PART on the basis of F.O.R. In the auditorium. 17. That all costs related to the affixing, deepening and registration of this Agreement and all other documents related to this Agreement will be borne by the Developer.

If there are modifications, these should be made in accordance with the mutual agreement between the owner and the contractor. In most cases, there will be no change. The changes will be minor. For example, the layout of cabinets, wiring and the inclusion of additional electrical outlets and other aspects can be discussed by the owner so that his interests are managed by the contractor. As long as construction costs are below the price limit, there will be no difficulty in making changes. 7. And the owner may, through the spacer of his agents or agents, enter and take possession of the work, tools, scaffolding, sheds, machines, power, utensils and materials that are on the site or in the adjacent lands or roads, use it as his own property or use it by his own agents and workers to perform and complete the work, or: Person employed for completion Construction works and contracting authorities may in no case interrupt or do any act, business or affair to prevent or hinder such other contractor or any other person or person employed for the completion and completion of the work or the use of equipment and installation for the work. . . .