Lawful Levies and Rates. The Owner further undertakes and agrees to pay all taxes levied, or to be levied, on the Lands on the basis and in accordance with the assessment and collector's roll entries until such time as the Lands herein being subdivided has been assessed and entered on the collector's roll according to the Registered Plan. Notwithstanding the Works to be constructed and installed by the Owner, the services to be performed and the payments to be made pursuant to this Agreement, the Lands in the said subdivision shall remain liable in common with all other assessable property in the Town to all lawful rates and levies of the Town. DRAFT Interest shall be payable by the Owner to the Town on all sums of money payable under this Agreement, which are not paid within thirty (30) days from the due date. The rate of interest payable shall be fifteen percent (15%) per annum.
Lawful Levies and Rates. Notwithstanding the works to be constructed and installed, the services to be performed and the payments to be made pursuant to this Agreement by the Owner, the Land shall remain liable in common with all other assessable property in the Municipality to all lawful rates and levies of the Municipality.
Lawful Levies and Rates. Notwithstanding the works to be constructed and installed, the services to be performed and the payments to be made pursuant to this Agreement by the Owner, the Lands shall remain liable in common with all other assessable property in the Municipality to all lawful rates and levies of the Municipality. SCHEDULE “E” THE REQUIRED FORM AND AMOUNT OF SECURITIES AND DEPOSITS NOTE: It is understood and agreed that this Schedule forms part of the Site Plan Agreement to which it is appended.
Lawful Levies and Rates. The Owners further undertake and agree to pay all taxes levied, or to be levied, on the Lands on the basis and in accordance with the assessment and collector’s roll entries. Notwithstanding the Works to be constructed and installed by the Owners, the services to be performed and the payments to be made pursuant to this Agreement, the Lands shall remain liable in common with all other assessable property in the Town to all lawful rates and levies of the Town. Interest shall be payable by the Owners to the Town on all sums of money payable under this Agreement, which are not paid within thirty (30) days from the due date. The rate of interest payable shall be fifteen percent (15%) per annum.
