Common use of Allottee to Mutate and Pay Rates & Taxes Clause in Contracts

Allottee to Mutate and Pay Rates & Taxes. The Allottee shall (1) pay the HMC Tax, surcharge, levies, cess etc. (collectively “Rates & Taxes”)(proportionately for the Said Building and/or the Said Complex and wholly for the Said Apartment And Appurtenances and until the Said Apartment And Appurtenances is separately mutated and assessed in favour of the Allottee, on the basis of the bills to be raised by the Promoter/the Association (upon formation), such bills being conclusive proof of the liability of the Allottee in respect thereof and (2) have mutation completed at the earliest. The Allottee further admits and accepts that the Allottee shall not claim any deduction or abatement in the bills of the Promoter/the Facility Manager or the Association (upon formation).

Appears in 3 contracts

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

AutoNDA by SimpleDocs

Allottee to Mutate and Pay Rates & Taxes. The Allottee shall (1) pay the HMC Tax, surcharge, levies, cess etc. (collectively “Rates & Taxes”)(proportionately Taxes (proportionately for the Said Building and/or the Said Complex and wholly for the Said Apartment And Appurtenances Appurtenances, from the Date Of Possession and until the Said Apartment And Appurtenances is separately mutated and assessed in favour of the Allottee), on the basis of the bills to be raised by the PromoterDeveloper/the Facility Manager/the Association (upon formation), such bills being conclusive proof of the liability of the Allottee in respect thereof and (2) have mutation completed at the earliest. The Allottee further admits and accepts that the Allottee shall not claim any deduction or abatement in the bills of the PromoterDeveloper/the Facility Manager or Manager/the Association (upon formation).

Appears in 1 contract

Samples: Sale Agreement

Allottee to Mutate and Pay Rates & Taxes. The Allottee shall (1) pay the HMC KMC Tax, surcharge, levies, cess etc. (collectively “Rates & Taxes”)(proportionately Taxes”) (proportionately for the Said Building and/or the Said Complex Project Property and wholly for the Said Apartment And Appurtenances and until the Said Apartment And Appurtenances is separately mutated and assessed in favour of the Allottee, on the basis of the bills to be raised by the Promoter/the Association (upon formation), such bills being conclusive proof of the liability of the Allottee in respect thereof and (2) have mutation completed at the earliest. The Allottee further admits and accepts that the Allottee shall not claim any deduction or abatement in the bills of the Promoter/the Facility Manager or the Association (upon formation).

Appears in 1 contract

Samples: Sale Agreement

AutoNDA by SimpleDocs

Allottee to Mutate and Pay Rates & Taxes. The Allottee shall (1) pay the HMC KMC Tax, surcharge, levies, cess etc. (collectively “Rates & Taxes”)(proportionately for the Said Building and/or the Said Complex and wholly for the Said Apartment And Appurtenances and until the Said Apartment And Appurtenances is separately mutated and assessed in favour of the Allottee, on the basis of the bills to be raised by the Promoter/the Association (upon formation)Association, such bills being conclusive proof of the liability of the Allottee in respect thereof and (2) have mutation completed at the earliest. The Allottee further admits and accepts that the Allottee shall not claim any deduction or abatement in the bills of the Promoter/the Facility Manager or the Association (upon formation)Association.

Appears in 1 contract

Samples: Agreement for Sale

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!