Allottee Liability. The Allottee(s) shall be liable to pay from the date of Deemed Date Of Possession or date of actual possession, whichever is earlier, house-tax, property-tax, fire-fighting tax or any other fee, cess or tax as applicable under law, as and when levied by any local body or authority and so long as the Unit of the Allottee(s) is not separately assessed to such taxes, fees or cess, the same shall be paid by the Allottee(s) in proportion to the Carpet Area of Unit. If the Promoter has to pay the aforesaid amounts on the behalf of the Allottee(s), the Allottee(s) shall be liable to reimburse the same to the Promoter within 15 days from the date of notice in this regard from the Promoter failing which the Promoter shall be entitled to charge delay payment charges for the period commencing on the date on which the Promoter paid the said amounts to the concerned authorities and ending on the date on which the Allottee(s) pays the said amounts to the Promoter.
Allottee Liability. Any and all obligations of Greeley that may arise under this Contract whether financial or otherwise, shall be payable solely from the revenues, income, rents and receipts earned by Xxxxxxx from the operation of its Greeley enterprise. Nothing herein shall be deemed to prevent Xxxxxxx from making any payments from any other legally available source. In no event shall Greeley be required to spend any money from taxes in violation of Section 20(4) of Article X of the Colorado Constitution in the performance of its obligations under this Contract or which would cause Greeley to lose its enterprise status as such status is defined in the Colorado Constitution. In addition, Greeley shall not be required to expend any funds or impair any assets of its parent entity in the performance of its obligations under this Contract. The obligations of Greeley under this Contract do not constitute a debt, indebtedness or multiple fiscal year obligation of its parent entity within the meaning of any constitutional, charter or statutory provision or limitation, and shall not be considered or held to be a general obligation of Greeley or of its parent entity.
Allottee Liability. Any and all obligations of Superior that may arise under this Contract whether financial or otherwise, shall be payable solely from the revenues, income, rents and receipts earned by Superior from the operation of its enterprise. Nothing herein shall be deemed to prevent Superior from making any payments from any other legally available source. In no event shall Superior be required to spend any money from taxes in violation of Section 20(4) of Article X of the Colorado Constitution in the performance of its obligations under this Contract or which would cause Superior to lose its enterprise status as such status is defined in the Colorado Constitution. In addition, Superior shall not be required to expend any funds or impair any assets of its parent entity in the performance of its obligations under this Contract. The obligations of Superior under this Contract do not constitute a debt, indebtedness or multiple fiscal year obligation of its parent entity within the meaning of any constitutional, charter or statutory provision or limitation, and shall not be considered or held to be a general obligation of Superior or of its parent entity.
Allottee Liability. Any and all obligations of [Actual Allottee Name*] that may arise under this Contract whether financial or otherwise, shall be payable solely from the revenues, income, rents and receipts earned by [Actual Allottee Name*] from the operation of its [water activity] enterprise. Nothing herein shall be deemed to prevent [Actual Allottee Name*] from making any payments from any other legally available source. In no event shall [Actual Allottee Name*] be required to spend any money from taxes in violation of Section 20(4) of Article X of the Colorado Constitution in the performance of its obligations under this Contract or which would cause [Actual Allottee Name*] to lose its enterprise status as such status is defined in the Colorado Constitution. In addition, [Actual Allottee Name*] shall not be required to expend any funds or impair any assets of its parent entity in the performance of its obligations under this Contract. The obligations of [Actual Allottee Name*] under this Contract do not constitute a debt, indebtedness or multiple fiscal year obligation of its parent entity within the meaning of any constitutional, charter or statutory provision or limitation, and shall not be considered or held to be a general obligation of [Actual Allottee Name*] or of its parent entity.
