C/o Motorable Steel Arch Bridge over river Yamne at Reglat (Bysang)

C/o Motorable Steel Arch Bridge over river Yamne at Reglat (Bysang) C/o Motorable Steel Arch Bridge over river Yamne at Reglat (Bysang)

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105 INDENTURE FOR SECURED ADVAI{CES FORM 31 (for use in cases in which the contract is for finished work and the contractor has entered into an ag:reernent for the exscution of a certai:: specifu queutity of wo-rk in a given tirne) This indenture made the day of 20 BU|WEEN (hereinafter called the contractor which expression shall where the context so admits or irrrplies be deemed to include his executors, administrators and assigns) or the one part and the Employer of the other part. Whereas by art agreement dated _ agreement) the contractor has agreed. (hereinafter ca-lled the said AND WHEREAS the contractor has applied to the Employer that he may be allowed advanced on the security of materials absolutely belonging to him and brought by him to the site of the works the subject of the said agreement for use in the construction of such of the works as he has undertaken to executive at rate fixed for the hnished work (inclusive of the cost of materials and labour and other charges). AND WHEREAS the Employer has agreed to advarrce to the Contractor the sum of Rupees on the security of materials the quantities and other particulars of which are detailed in Accounts of Secured Advances attached to the Running Account bill for the said works signed by the Contractor on and the Employer has reserved to himself #te-seeuritfof@ by the Contractor to the site of the said works. Now THIS INDENTURE WITNESSETH that in pursuance of the said agreement and in consideration of the sum of Rupees on or before the execution of these presents paid to the Contractor by the Employer (the receipt where of the Contractor doth hereby acknowledge) and of such further advances (if any) as may be made to him as aforesaid the Contractor doth hereby covenant and agree with the Fresident and declare as follows: (1) That the said sum of Rupees so advanced by the Employer to the Contractor as aforesaid and all or any further sum of sums advanced as aJoresaid shall be employed by the Contractor in or towards expending the execution of the said works and for no other purpose whatsoever. (21 That the materia-ls details in the said Account of Secured Advances which have been offered to and accepted by the Employer as security are absolutely the Contractor's own propriety and free from encumbrances of any kind and the contractor will not make any application for or receive a further advance on the security of materials which are not absolutely his own property and free from encumbrances of any kind and the Contractor indemnified the Employer against all claims to any materials in respect of which an advance has be made to him as aforesaid. (3) That the materials detailed in the said account of Secured Advances and all other materials on the security of which any further advance or advances may hereafter be made as aforesaid (hereafter called the said materials) shall be used by the Contractor solely in t}re execution of the said works in accordance with the directions of the Engineer. (4) That the Contractor shall make aJ his own cost. All necessary and adequate arrangernents for the proper watch, safe custody and protection against all risks of the said materials and that until used in construction as aforesaid the said materials shall remain at the site of the said works in the Contractor's custody and on his own responsibility and shall at all times be open 16 inspection by the Engineer or any officer authorized by him. Le the event of the said materials or any part thereof being stolen, destroyed or damaged or becoming deteriorated in a C>6 Ot^J :-@ 3> >6 f=6

(s) forthwith replace the sarne with otheJ06-","riuls of like quality or repair and make good the sarne required by the Engineer. That the said materials shall not be any account be removed from the site of the sai$ lor\sexcept with the written permission of the Engineer or an officer authorized by him on that behalf (6) That the advances shall be repayable in full when or before the contractor receives {7) payment from the Employer of ltre price payable J tithe ro. terms the said and provisionsworks under of the saii agreement. provided payments that if any are intermediate made to the contractor on account occasion of work done of each than such on payment the the Employer will be from ai tiberty the to contractor's make o"o.."ry bill ior such payment by deducting there from the value " said materials than of the actually t..a in the Construction recovery and in respect has not of been which made previously, the value for this purpose in respect being of each determined description or -"f".i.rs at the ,ates at advances which the made amounts under of the thlse presents were calculated. at anl, :lljj::i: ,?":j::::::111 time .o".?Tff:.T#L:.:ff make any defaurt in the performance or ".,^:j,ry:i,l;"i:_"il'il#;""Tr,*l?:ff il#fr ;;"t"*?lT=:,,:.,3.^lo^?,"1._"ll"1rn.J",;;;;;d'"J:ff fffi?f :ifiTJ ":i ;;*"i:i;'t#flnTi':: t"rarzqhlo 1." +L ^ A ^- t,- t , R3L?3'^:J^11: g:lllp, T re trrei";i;y*;;il;;;; '_ advances to the expenses i"-ur..a Uy tte -Employer i il;T.$'il#:':i *:,t":.^:"*.:.?l:llf numfromtheAtJ;;;;"G;;'d;J";i:1:i1J.ffi".:3: r vrr46vo, ::Flt j+:i.""T|::!i:ff ":Ail"#:"'J,::.:"i"it.T:iff T",ff:?Lf""*: lnLractor and the contractor hereby covenants and agrees with pay the Employer the sarne respectively to reply and to him accordingly. (8) That the contractor hereby charges all the said materiats with Employer the repayment of the to said the sum of Rupees sums advanced as aforesaid *1 u-tr under and expenses these presents "o"t", payable PROVIDED ALWAYS and "h".ge",_d.amages ii is hereby notwithstanding agreed and declared anything that in the said agreement and without prejudice contained therein to the power if and whenever the covenant for payment in-before and repayrnent contained here- shall become enforceable and the paid money owing in accordance shall not be there with the Employer rn.y .t any time arry ihereajL of the following ad€pt all sr courses as he may deem besi: (a) (b) seize and utilise the said materials or any part thereof in the completion of the said works on behalf of the contractor in accordance with ,the provisions in that behalf contained in t].e said agreement debiting the contractor with the actual cost.of effecting such compleiion and the amount due to the contractor with the value of worli done as if tre had carried it out in accordance with the said agreement and at the rates thereby provided. If the balance is against the contractor, he is to. pay satne to the Empioyer on demand. Remove an-d sell by public auction the seized materials or any part and out there of the of moneys arising from the sale retain all the repayable sums aforesaid or payable to the Employer under these presents unJ p.y surplus (if over any) the to the Contractor. (c) Deduct all or any pat of the moneys owing out of the security deposit or any sum due to the Contractor under t1.e said Jgreement. o:-O Or^)r0 D=0 l=el a-

(s)<br />

forthwith replace the sarne with otheJ06-","riuls of like quality or repair and<br />

make good the sarne required by the Engineer.<br />

Th<strong>at</strong> the said m<strong>at</strong>erials shall not be any account be removed from the site of the<br />

sai$ lor\sexcept<br />

with the written permission of the Engineer or an officer<br />

authorized by him on th<strong>at</strong> behalf<br />

(6)<br />

Th<strong>at</strong> the advances shall be repayable in full when or before the contractor receives<br />

{7)<br />

payment from the Employer of ltre price payable J tithe<br />

ro.<br />

terms<br />

the said<br />

and provisionsworks<br />

under<br />

of the saii agreement. provided<br />

payments th<strong>at</strong> if any<br />

are intermedi<strong>at</strong>e<br />

made to the contractor on account<br />

occasion<br />

of work done<br />

of each<br />

than<br />

such<br />

on<br />

payment<br />

the<br />

the Employer will be<br />

from<br />

ai tiberty<br />

the<br />

to<br />

contractor's<br />

make o"o.."ry<br />

bill ior such payment by deducting there from the value "<br />

said m<strong>at</strong>erials than<br />

of the<br />

actually t..a in the Construction<br />

rec<strong>over</strong>y<br />

and in respect<br />

has not<br />

of<br />

been<br />

which<br />

made previously, the value for this purpose<br />

in respect being<br />

of each<br />

determined<br />

description or -"f".i.rs <strong>at</strong> the ,<strong>at</strong>es <strong>at</strong><br />

advances<br />

which the<br />

made<br />

amounts<br />

under<br />

of the<br />

thlse presents were calcul<strong>at</strong>ed.<br />

<strong>at</strong> anl,<br />

:lljj::i: ,?":j::::::111<br />

time<br />

.o".?Tff:.T#L:.:ff<br />

make any defaurt in the performance or<br />

".,^:j,ry:i,l;"i:_"il'il#;""Tr,*l?:ff il#fr<br />

;;"t"*?lT=:,,:.,3.^lo^?,"1._"ll"1rn.J",;;;;;d'"J:ff fffi?f :ifiTJ ":i<br />

;;*"i:i;'t#flnTi'::<br />

t"rarzqhlo 1." +L ^ A ^- t,- t ,<br />

R3L?3'^:J^11: g:lllp, T re trrei";i;y*;;il;;;;<br />

'_<br />

advances to the<br />

expenses i"-ur..a Uy tte -Employer i<br />

il;T.$'il#:':i<br />

*:,t":.^:"*.:.?l:llf numfromtheAtJ;;;;"G;;'d;J";i:1:i1J.ffi".:3:<br />

r vrr46vo,<br />

::Flt j+:i.""T|::!i:ff ":Ail"#:"'J,::.:"i"it.T:iff T",ff:?Lf""*:<br />

lnLractor<br />

and the contractor hereby covenants and agrees with<br />

pay<br />

the Employer<br />

the sarne respectively<br />

to reply and<br />

to him accordingly.<br />

(8) Th<strong>at</strong> the contractor hereby charges all the said m<strong>at</strong>eri<strong>at</strong>s with<br />

Employer<br />

the repayment<br />

of the<br />

to<br />

said<br />

the<br />

sum of Rupees<br />

sums advanced as aforesaid *1 u-tr<br />

under<br />

and expenses<br />

these presents "o"t",<br />

payable<br />

PROVIDED ALWAYS and "h".ge",_d.amages<br />

ii is hereby<br />

notwithstanding<br />

agreed and declared<br />

anything<br />

th<strong>at</strong><br />

in the said agreement and without prejudice<br />

contained therein<br />

to the power<br />

if and whenever the covenant for payment<br />

in-before<br />

and repayrnent<br />

contained here-<br />

shall become enforceable and the<br />

paid<br />

money owing<br />

in accordance<br />

shall not be<br />

there with the Employer rn.y .t any time<br />

arry<br />

ihereajL<br />

of the following<br />

ad€pt all sr<br />

courses as he may deem besi:<br />

(a)<br />

(b)<br />

seize and utilise the said m<strong>at</strong>erials or any part thereof in the completion of the<br />

said works on behalf of the contractor in accordance with ,the provisions in<br />

th<strong>at</strong> behalf contained in t].e said agreement debiting the contractor with the<br />

actual cost.of effecting such compleiion and the amount due to the contractor<br />

with the value of worli done as if tre had carried it out in accordance with the<br />

said agreement and <strong>at</strong> the r<strong>at</strong>es thereby provided. If the balance is against the<br />

contractor, he is to. pay s<strong>at</strong>ne to the Empioyer on demand.<br />

Remove an-d sell by public auction the seized m<strong>at</strong>erials or any part<br />

and out<br />

there<br />

of the<br />

of<br />

moneys arising from the sale retain all the<br />

repayable<br />

sums aforesaid<br />

or payable to the Employer under these presents unJ p.y<br />

surplus (if<br />

<strong>over</strong><br />

any)<br />

the<br />

to the Contractor.<br />

(c) Deduct all or any p<strong>at</strong> of the moneys owing out of the security deposit or any<br />

sum due to the Contractor under t1.e said Jgreement.<br />

o:-O Or^)r0 D=0 l=el<br />

a-

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