Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. OUTGOING: Any arrears of service / maintenance charges excluding late penalty interest (if any) which may be lawfully due and payable to any relevant authority and / or Developer as at the date of successful sale shall be borne by the Assignee/Lender and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender is in receipt of the itemized billing for service/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale failing which the Purchaser will not be entitled for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser.
Appears in 48 contracts
Samples: Loan Agreement and Assignment and Power, Master Facility Agreement, Loan Agreement
Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. OUTGOING: Any arrears of service / maintenance charges excluding late penalty interest (if any) which may be lawfully due and payable to any relevant authority and / or Developer as at the date of successful sale shall be borne by the Assignee/Lender Bank and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender Assignee/ Bank is in receipt of the itemized billing for service/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale sale, failing which the Purchaser purchaser will not be entitled for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser.
Appears in 47 contracts
Samples: Composite Loan Agreement and Assignment And, Proclamation of Sale, Facility Agreement
Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. OUTGOING: Any arrears of service / service/maintenance charges excluding late penalty interest (if any) which may be lawfully due and payable to any relevant authority and / or and/or Developer as at the date of successful sale shall be borne by the Assignee/Lender Bank and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender Bank is in receipt of the itemized billing for service/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale sale, failing which the Purchaser will not be entitled entitle for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser.
Appears in 27 contracts
Samples: Facilities Agreement, Facilities Agreement, auctionking.net
Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. OUTGOING: OUTGOING Any arrears of service / maintenance charges excluding late penalty interest (if any) which may be lawfully due and payable to any relevant authority and / or Developer as at the date of successful sale shall be borne by the Assignee/Lender Bank and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender Bank is in receipt of the itemized billing for service/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale sale, failing which the Purchaser purchaser will not be entitled for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser.
Appears in 15 contracts
Samples: Facility Agreement, Loan Agreement, Facilities Agreement
Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. OUTGOING: Any arrears of service / maintenance charges excluding late penalty interest (if any) which may be lawfully due and payable to any relevant authority and / or Developer as at the date of successful sale shall be borne by the Assignee/Lender and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender is in receipt of the itemized billing for service/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale sale, failing which the Purchaser purchaser will not be entitled for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser.
Appears in 9 contracts
Samples: Proclamation of Sale, Facility Agreement, Master Facility Agreement and Power
Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. OUTGOING: Any arrears of service / maintenance charges excluding late penalty interest (if any) which may be lawfully due and payable to any relevant authority and / or Developer as at the date of successful sale shall be borne by the Assignee/Lender Bank and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender Assignee/ Bank is in receipt of the itemized billing for service/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale sale, failing which the Purchaser purchaser will not be entitled for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser. .
Appears in 8 contracts
Samples: Composite Loan Agreement and Assignment and Power, Composite Loan Agreement and Assignment And, Composite Loan Agreement and Assignment And
Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. OUTGOING: Any arrears of service / maintenance charges excluding late penalty interest (if any) which may be lawfully due and payable to any relevant authority and / or Developer as at the date of successful sale shall be borne by the Assignee/Lender Bank and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender Bank is in receipt of the itemized billing for service/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale sale, failing which the Purchaser purchaser will not be entitled for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser.
Appears in 4 contracts
Samples: Facilities Agreement, Proclamation of Sale, Proclamation of Sale
Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. OUTGOING: Any arrears of service / maintenance charges excluding late penalty interest payment charges (if any) which may be lawfully due and payable to any relevant authority and / or Developer as at the date of successful sale shall be borne by the Assignee/Lender Bank and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender Bank is in receipt of the itemized billing for service/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale failing which the Purchaser will not be entitled for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser.
Appears in 3 contracts
Samples: Property Purchase Agreement, auctions.com.my, auctions.com.my
Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. OUTGOING: Any arrears of service / maintenance charges excluding late penalty interest (if any) which may be lawfully due and payable to any relevant authority and / or Developer as at the date of successful sale shall be borne by the Assignee/Lender Bank and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender Bank is in receipt of the itemized billing for service/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale failing which the Purchaser will not be entitled for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser.
Appears in 3 contracts
Samples: Facility Agreement, auctions.com.my, auctions.com.my
Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. OUTGOING: Any arrears of service / service/maintenance charges excluding late penalty interest payment charges (if any) which may be lawfully due and payable to any relevant authority and / or and/or Developer as at the date of successful sale shall be borne by the Assignee/Lender Bank and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender Bank is in receipt of the itemized billing for service/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale sale, failing which the Purchaser will not be entitled entitle for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser.
Appears in 3 contracts
Samples: auctions.com.my, auctions.com.my, www.mybidding.com.my
Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. OUTGOING: OUTGOING Any arrears of service / maintenance charges excluding late penalty interest payment charge (if any) which may be lawfully due and payable to any relevant authority and / or Developer as at the date of successful sale shall be borne by the Assignee/Lender Bank and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender Bank is in receipt of the itemized billing for service/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale sale, failing which the Purchaser purchaser will not be entitled for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser.
Appears in 3 contracts
Samples: Master Facility Agreement, auctionking.net, auctionking.net
Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. applicable OUTGOING: Any arrears of service / maintenance charges excluding late penalty interest (if any) which may be lawfully due and payable to any relevant authority and / or Developer as at the date of successful sale shall be borne by the Assignee/Lender and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender is in receipt of the itemized billing for service/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale sale, failing which the Purchaser purchaser will not be entitled for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser.
Appears in 2 contracts
Samples: Facilities Agreement, Composite Loan Agreement and Assignment and Power
Tax. The sale of the subject property is subject to any such tax implemented under any law now be or hereafter imposed by Government of Malaysia whenever applicable. OUTGOING: Any arrears of service / maintenance charges excluding late penalty interest (if any) which may be lawfully due and payable to any relevant authority and / or Developer as at the date of successful sale shall be borne by the Assignee/Lender Bank and the portion attributable up to the date of the successful sale (subject to a maximum of 10% of the Reserve Price) shall be paid out upon receipt of full auction proceeds, provided that the Assignee/Lender Assignee/ Bank is in receipt of the itemized billing for servicese rvice/maintenance charges and statement of account issued by relevant authority and/or the Developer from the Purchaser within ninety (90) days from the date of the successful sale sale, failing which the Purchaser purchaser will not be entitled for any claim and any sum due and payable after the date of the sale shall be borne by the Purchaser.
Appears in 1 contract
Samples: www.ehsanauctioneers.com