Common use of Outgoings Clause in Contracts

Outgoings. 16.1 Apportionment on any arrears of quit rent, assessment, taxes, rates and maintenance charges due and payable in respect of the property up to the date of Contract of Sale shall be paid by MBSB upon receipt of full auction proceeds. All such sums accruing due and payable from the date of the Contract of Sale shall be borne and paid by the Purchaser.

Appears in 56 contracts

Samples: Proclamation of Sale, Matter of Loan Agreement, Proclamation of Sale

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Outgoings. 16.1 Apportionment on any arrears of quit rent, assessment, taxes, rates and maintenance charges due and payable in respect of the property up to the date of Contract of Sale shall be paid by MBSB BANK BERHAD upon receipt of full auction proceeds. All such sums accruing due and payable from the date of the Contract of Sale shall be borne and paid by the Purchaser.

Appears in 2 contracts

Samples: Loan Agreement, Proclamation of Sale

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Outgoings. 16.1 Apportionment on any arrears of quit rent, assessment, taxes, rates and maintenance charges due and payable in respect of the property up to the date of Contract of Sale shall be paid by MBSB ABB upon receipt of full auction proceeds. All such sums accruing due and payable from the date of the Contract of Sale shall be borne and paid by the Purchaser.

Appears in 1 contract

Samples: Matter of Loan Agreement

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