Common use of Obligation Regarding Taxes Clause in Contracts

Obligation Regarding Taxes. In the event of the Transferor and/or the Developer being made liable for payment of any tax (excepting Income Tax and GST, if any, levied in respect of the Development Agreement, duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as Goods and Service Tax, Works Contract Tax, Value Added Tax or any other tax and imposition levied by the State Government, Central Government or any other authority or body) or if the Transferor and/or the Developer are advised by their consultant that the Transferor and/or the Developer are liable or shall be made liable for payment of any such tax, duty, levy or other liability on account of the Transferor and/or the Developer having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Allottee/Transferee shall be liable to pay all such tax, duty, levy or other statutory liability and hereby indemnifies and agrees to keep the Transferor and/or the Developer indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, duties, levies or other liabilities so imposed or estimated by the Transferor's and/or the Developer's consultant shall be paid by the Allottee/Transferee at or before the Date of Possession.

Appears in 3 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

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Obligation Regarding Taxes. In the event of the Transferor Owners and/or the Developer being made liable for payment of any tax ([excepting Income Tax and GST, Service Tax (if any, any levied in respect of regard to the Development AgreementAgreements)], fee, duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as Goods and Service Tax, Works Contract Tax, Value Added Tax or any other tax tax, fee and imposition levied by the State Government, Central Government or any other authority or body) or if the Transferor Owners and/or the Developer are advised by their consultant that the Transferor Owners and/or the Developer are liable or shall be made liable for payment of any such tax, fee, duty, levy or other liability on account of the Transferor Owners and/or the Developer having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Allottee/Transferee Buyer shall be liable to pay all such tax, fee, duty, levy or other statutory liability and hereby indemnifies and agrees to keep the Transferor Owners and/or the Developer indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, fees, duties, levies or other liabilities so imposed or estimated by the Transferor's Owners' and/or the Developer's consultant shall be paid by the Allottee/Transferee Buyer at or before the Date of Of Possession.

Appears in 3 contracts

Samples: www.siddhagroup.com, www.siddhagroup.com, www.siddhagroup.com

Obligation Regarding Taxes. In the event of the Transferor Owners and/or the Developer being made liable for payment of any tax (excepting Income Tax and Service Tax/GST, if any, levied in respect of regard to the Development Agreement), duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as Goods and Service Tax/GST, Works Contract Tax, Value Added Tax or any other tax and imposition levied by the State Government, Central Government or any other authority or body) or if the Transferor Owners and/or the Developer are advised by their consultant that the Transferor Owners and/or the Developer are liable or shall be made liable for payment of any such tax, duty, levy or other liability on account of the Transferor Owners and/or the Developer having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Allottee/Transferee Buyers shall be liable to pay all such tax, duty, levy or other statutory liability and hereby indemnifies and agrees to keep the Transferor Owners and/or the Developer indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, duties, levies or other liabilities so imposed or estimated by the Transferor's Owners’ and/or the Developer's ’s consultant shall be paid by the Allottee/Transferee Buyers at or before the Date of Of Possession.

Appears in 2 contracts

Samples: Agreement, Agreement

Obligation Regarding Taxes. In the event of the Transferor and/or the Developer Owners being made liable for payment of any tax ([excepting Income Tax and GST, Service Tax (if any, any levied in respect of regard to the Development Co-operation Cum Construction Agreement)], fee, duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as Goods and Service Tax, Works Contract Tax, Value Added Tax or any other tax tax, fee and imposition levied by the State Government, Central Government or any other authority or body) or if the Transferor and/or the Developer Owners are advised by their consultant that the Transferor and/or the Developer Owners are liable or shall be made liable for payment of any such tax, fee, duty, levy or other liability on account of the Transferor and/or the Developer Owners having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Allottee/Transferee Purchasers shall be liable to pay all such tax, fee, duty, levy or other statutory liability and hereby indemnifies indemnify and agrees agree to keep the Transferor and/or the Developer Owners indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, fees, duties, levies or other liabilities so imposed or estimated by the Transferor's and/or the Developer's Owners’ consultant shall be paid by the Allottee/Transferee Purchasers at or before the Date of Of Possession.

Appears in 1 contract

Samples: Agreement

Obligation Regarding Taxes. In the event of the Transferor Owners and/or the Developer being made liable for payment of any tax (excepting Income Tax and GST, if any, levied in respect of the Development Agreement, Tax) duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as Goods and Service Tax, Works Contract Tax, Value Added Tax or any other tax and imposition levied by the State Government, Central Government or any other authority or body) or if the Transferor Owners and/or the Developer Developers are advised by their consultant that the Transferor Owners and/or the Developer Developers are liable or shall be made liable for payment of any such tax, duty, levy or other liability on account of the Transferor Owners and/or the Developer having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Allottee/Transferee Buyer shall be liable to pay all such tax, duty, levy or other statutory liability and hereby indemnifies and agrees to keep the Transferor Owners and/or the Developer indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, duties, levies or other liabilities so imposed or estimated by the Transferor's Owners’ and/or the Developer's ’s consultant shall be paid by the Allottee/Transferee Buyer at or before the Date Of Possession. Any liability on account of Possessionthis arising after the Date Of Possession shall also be payable by the Buyer to the Developer and/or the Owners.

Appears in 1 contract

Samples: Agreement

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Obligation Regarding Taxes. In the event of the Transferor and/or the Developer being made liable for payment of any tax (excepting Income Tax and GSTService Tax, if any, levied in respect of the Development Agreement), duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as Goods and Service Tax, Works Contract Tax, Value Added Tax or any other tax and imposition levied by the State Government, Central Government or any other authority or body) or if the Transferor and/or the Developer are advised by their consultant that the Transferor and/or the Developer are liable or shall be made liable for payment of any such tax, duty, levy or other liability on account of the Transferor and/or the Developer having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Allottee/Transferee shall be liable to pay all such tax, duty, levy or other statutory liability and hereby indemnifies and agrees to keep the Transferor and/or the Developer indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, duties, levies or other liabilities so imposed or estimated by the Transferor's and/or the Developer's consultant shall be paid by the Allottee/Transferee at or before the Date of Possession.

Appears in 1 contract

Samples: Agreement for Sale

Obligation Regarding Taxes. In the event of the Transferor Owners and/or the Developer being made liable for payment of any tax (excepting Income Tax and GST, if any, levied in respect of the Development Agreement, Tax) duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as Goods and Service Tax, Works Contract Tax, Value Added Tax or any other tax and imposition levied by the State Government, Central Government or any other authority or body) or if the Transferor Owners and/or the Developer are advised by their consultant that the Transferor Owners and/or the Developer are liable or shall be made liable for payment of any such tax, duty, levy or other liability on account of the Transferor Owners and/or the Developer having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Allottee/Transferee Buyer shall be liable to pay all such tax, duty, levy or other statutory liability and hereby indemnifies and agrees to keep the Transferor Owners and/or the Developer indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, duties, levies or other liabilities so imposed or estimated by the Transferor's Owners’ and/or the Developer's ’s consultant shall be paid by the Allottee/Transferee Buyer at or before the Date Of Possession. Any liability on account of Possessionthis arising after the Date Of Possession shall also be payable by the Buyer to the Developer and/or the Owners.

Appears in 1 contract

Samples: Agreement

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