Common use of OUTGOINGS Clause in Contracts

OUTGOINGS. 15.1 The purchaser shall solely and wholly be liable to pay for any quit, rent, taxes, assessment, maintenance charges, charges, utilities, outgoings, administrative charges and any sum whatsoever and howsoever due to any relevant authority and/or the Developer whether accrued prior to or after the date of the Auction Sale in respect of the said property. The Bank shall NOT in any manner be held liable for whatsoever payment. All duties including stamp duties, administrative charges cost, and charges incidental to the assignment or transfer of the property and all other documents necessary for affecting the transfer of the beneficial ownership in the Property to the Purchaser shall be wholly and solely borne by the Purchaser. The Property shall be sold subject to the consent from Developer or any other relevant authority, if any. It shall be the responsibility of the purchaser to apply for consent from Developer or any other relevant authority and all fees, charges and expenses in connection with and incidental to the application shall be borne by the purchaser.

Appears in 9 contracts

Samples: eszamauctioneer.com, eszamauctioneer.com, eszamauctioneer.com