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 Building and/or the Said Complex and wholly for the Said Flat And Appurtenances, from the Date Of Possession Notice and until the Said Flat And Appurtenances is separately mutated and assessed in favour of the Buyer), on the basis of the bills to be raised by the Developer/the Facility Manager/the Association (upon formation), such bills being conclusive proof of the liability of the Buyer in respect thereof and (2) have mutation completed at the earliest. The Buyer further admits and accepts that the Buyer shall not claim any deduction or abatement in the bills of the Developer/the Facility Manager or the Association (upon formation).

Appears in 1 contract

Samples: Agreement

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Buyer to Mutate and Pay Rates & Taxes. The Buyer shall (1) pay the Rates rates & Taxes taxes (proportionately for the Said Building and/or the Said Complex and wholly for the Said Flat Unit And Appurtenances, from the Date Of Possession Notice and until the Said Flat Unit And Appurtenances is separately mutated and assessed in favour of the Buyer), on the basis of the bills to be raised by the Developer/the Facility Manager/the Association (upon formation), such bills being conclusive proof of the liability of the Buyer in respect thereof and (2) have mutation completed at the earliest. The Buyer further admits and accepts that the Buyer shall not claim any deduction or abatement in the bills of the Developer/the Facility Manager or the Association (upon formation).

Appears in 1 contract

Samples: Agreement

Buyer to Mutate and Pay Rates & Taxes. The Buyer shall (1) pay the Rates & Taxes (proportionately for the Said Building and/or the Said Complex and wholly for the Said Flat Unit And Appurtenances, from the Date Of Possession Notice and until the Said Flat Unit And Appurtenances is separately mutated and assessed in favour of the Buyer), on the basis of the bills to be raised by the Developer/the Facility Manager/the Association (upon formation), such bills being conclusive proof of the liability of the Buyer in respect thereof and (2) have mutation completed at the earliest. The Buyer further admits and accepts that the Buyer shall not claim any deduction or abatement in the bills of the Developer/the Facility Manager or the Association (upon formation).

Appears in 1 contract

Samples: Agreement

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Buyer to Mutate and Pay Rates & Taxes. The Buyer shall (1) pay the Rates & Taxes KMC Tax, surcharge, levies, cess etc. (proportionately for the Said Building and/or the Said Complex Project Property and wholly for the Said Flat office unit And Appurtenances, from the Date Of Possession Notice Appurtenances and until the Said Flat office unit And Appurtenances is separately mutated and assessed in favour of the Buyer), on the basis of the bills to be raised by the Promoter/Developer/the Facility Manager/the Association (upon formation), such bills being conclusive proof of the liability of the Buyer in respect thereof and (2) have mutation completed at the earliest. The Buyer further admits and accepts that the Buyer shall not claim any deduction or abatement in the bills of the Promoter/Developer/the Facility Manager or the Association (upon formation).

Appears in 1 contract

Samples: Indenture of Conveyance

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