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

Buyer to Mutate and Pay Rates & Taxes. The Buyer shall (1) pay the Rates & Taxes (proportionately for the Said Building and/or the Said Cluster and/or the Said Complex and wholly for the Said Flat And Appurtenances, from the Date Of Possession Notice and until the Said Flat And Appurtenances is separately mutated and assessed in favour of the Buyer), on the basis of the bills to be raised by the Developer/the Facility Manager/the Association (upon formation)/the Apex Body (upon formation), such bills being conclusive proof of the liability of the Buyer in respect thereof and (2) have mutation completed at the earliest. The Buyer further admits and accepts that the Buyer shall not claim any deduction or abatement in the bills of the Developer/the Facility Manager or the Association (upon formation)/the Apex Body (upon formation).

Appears in 3 contracts

Samples: Partnership Agreements, Transfer Agreement, Property Transfer Agreement

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Buyer to Mutate and Pay Rates & Taxes. The Buyer shall (1) pay the Rates & Taxes (proportionately for the Said Building and/or the Said Cluster and/or the Said Complex and wholly for the Said Flat And Appurtenances, from the Date Of Possession Notice and until the Said Flat And Appurtenances is separately mutated and assessed in favour of the Buyer), on the basis of the bills to be raised by the Developer/the Facility Manager/the Association (upon formation)/the Apex Body (upon formation), such bills being conclusive proof of the liability of the Buyer in respect thereof and (2) have mutation completed at the earliest. The Buyer further admits and accepts that the Buyer shall not claim any deduction or abatement in the bills of the Developer/the Facility Manager or the Association (upon formation)/the Apex Body (upon formation). .

Appears in 1 contract

Samples: Property Management & Real Estate

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Buyer to Mutate and Pay Rates & Taxes. The Buyer shall (1) pay the Rates & Taxes (proportionately for the Said Building and/or the Said Cluster Phase and/or the Said Complex and wholly for the Said Flat And Appurtenances, from the Date Of Possession Notice and until the Said Flat And Appurtenances is separately mutated and assessed in favour of the Buyer), on the basis of the bills to be raised by the DeveloperOwner/the Facility Manager/the Association (upon formation)/the Apex Body (upon formation), such bills being conclusive proof of the liability of the Buyer in respect thereof and (2) have mutation completed at the earliest. The Buyer further admits and accepts that the Buyer shall not claim any deduction or abatement in the bills of the DeveloperOwner/the Facility Manager or the Association (upon formation)/the Apex Body (upon formation).

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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