Common use of Rates & Tax Clause in Contracts

Rates & Tax. Till such time the Purchaser has the Composite Unit separately mutated in its name with all the concerned authorities, it will pay the proportionate share of all rates, taxes and/or fees in respect of the Premises and the Building. If there be any addition to the Rates & Taxes due to anything done by the Purchaser in the Subject Unit, viz., any additional fittings, special construction and facilities, commercial activities and/or renting it out, such additional Rates & Taxes shall be borne and paid exclusively by the Purchaser over and above the proportionate share of the Rates & Taxes.

Rates & Tax. Till such time the Purchaser has Purchasers have the Composite Unit separately mutated in its name their names with all the concerned authorities, it will pay the proportionate share of all rates, taxes and/or fees in respect of the Premises and the Building. If there be any addition to the Rates & Taxes due to anything done by the Purchaser Purchasers in the Subject Unit, viz., any additional fittings, special construction and constructions and/or facilities, commercial activities and/or renting it out, such additional Rates & Taxes shall be borne and paid exclusively by the Purchaser Purchasers over and above the proportionate share of the Rates & Taxes.

Rates & Tax. Till such time the Purchaser has the Composite Unit separately mutated in its name with all the concerned authorities, it will pay the proportionate share of all rates, taxes and/or fees in respect of the Premises and the Building. If there be any addition to the Rates & Taxes due to anything done by the Purchaser in the Subject Unit, viz., any additional fittings, special construction and constructions and/or facilities, commercial activities and/or renting it out, such additional Rates & Taxes shall be borne and paid exclusively by the Purchaser over and above the proportionate share of the Rates & Taxes.