Common use of Buyer to Mutate and Pay Rates & Taxes Clause in Contracts

Buyer to Mutate and Pay Rates & Taxes. The Buyer shall (1) pay the Rates & Taxes (proportionately for the Said Complex and wholly for the Said Flat And Appurtenances, from the Date Of Possession and until the Said Flat And Appurtenances is separately assessed in the name of the Buyer) and (2) have mutation of the Said Flat And Appurtenances completed at the earliest. If the Buyer delays in paying the Rates & Taxes, the Buyer shall pay compound interest @ 2% (two percent) per month or part thereof, compoundable monthly, from the date of default till the date of payment.

Buyer to Mutate and Pay Rates & Taxes. The Buyer shall (1) pay the Rates & Taxes (proportionately for the Said Complex and wholly for the Said Flat Unit And Appurtenances, from the Date Of Possession and until the Said Flat Unit And Appurtenances is separately assessed in the name of the Buyer) and (2) have mutation of the Said Flat Unit And Appurtenances completed at the earliest. If the Buyer delays in paying the Rates & Taxes, the Buyer shall pay compound interest @ 2% (two percent) per month or part thereof, compoundable monthly, from the date of default till the date of payment.

Buyer to Mutate and Pay Rates & Taxes. The Buyer shall (1) pay the Rates & Taxes (proportionately for the Said Complex Building and wholly for the Said Flat And Appurtenances, from the Date Of Possession and until the Said Flat And Appurtenances is separately assessed in the name of the Buyer) and (2) have mutation of the Said Flat And Appurtenances completed at the earliest. If the Buyer delays in paying the Rates & Taxes, the Buyer shall pay compound interest @ 2% (two percent) per month or part thereof, compoundable monthly, from the date of default till the date of payment.

Buyer to Mutate and Pay Rates & Taxes. The Buyer shall (1) pay the Rates & Taxes (proportionately for the Said Complex and wholly for the Said Flat And Appurtenances, from the Date Of Possession and until the Said Flat And Appurtenances is separately assessed in the name of the Buyer) and (2) have mutation of the Said Flat And Appurtenances completed at the earliest. If the Buyer fails to have the mutation completed and delays in paying the Rates & Taxes, the Buyer shall pay compound interest @ 2% (two percent) per month or part thereof, compoundable monthly, from the date of default till the date of payment.