Common use of Borrower’s Obligation for Payment of Taxes Clause in Contracts

Borrower’s Obligation for Payment of Taxes. Except to the extent Agent makes payments of Taxes from the Tax Reserve (for the periods and payments so covered by such payments), Borrower shall pay or cause to be paid all Taxes when due and payable. Borrowers shall deliver to Agent receipts or other reasonable evidence of such payment within forty-five (45) days after the end of each calendar month. No Borrower shall suffer, permit, initiate, or otherwise cause for any purpose, the joint assessment of (i) any Property with any other real property constituting a tax lot separate from such Property, or (ii) any Land and any Personal Property, or any other procedure whereby the lien of real property taxes and assessments and the lien of personal property taxes shall be assessed, levied or charged against the Land as a single lien. While any Obligation remains outstanding, any Property shall be segregated on the applicable tax rolls from all other property, both real and personal. Borrower’s obligations under this Section 5.11 shall not be affected by any damage to, defects in or destruction of any Property or any other event, including obsolescence of all or any part of any Property.

Borrower’s Obligation for Payment of Taxes. Except Subject to the extent Agent makes payments of Taxes from the Tax Reserve (for the periods and payments so covered by such paymentsSection 7.12(b), Borrower shall pay or cause to be paid all Taxes when due and payable, and before any penalty attaches. Borrowers Upon Administrative Agent’s request, Borrower shall deliver promptly to Administrative Agent receipts or other reasonable evidence of evidencing such payment within forty-five (45) days after and such evidence shall be furnished no later than the end of each calendar monthdate that Taxes would otherwise be delinquent). No Borrower shall not suffer, permit, initiate, or otherwise cause for any purpose, the joint assessment of (i) any the Property with any other real property constituting a tax lot separate from such Propertyproperty, or (ii) any Land the Property and any the Personal Property, or any other procedure whereby the lien of real property taxes and assessments and the lien of personal property taxes shall be assessed, levied or charged against the Land as a single lien. While any Obligation remains Obligations remain outstanding, any the Property shall be segregated on the applicable tax rolls from all other property, both real and personal. Borrower’s obligations under this Section 5.11 7.12 shall not be affected by any damage to, defects in or destruction of any the Property or any other event, including obsolescence of all or any part of any the Property.

Borrower’s Obligation for Payment of Taxes. Except Subject to the extent Agent makes payments of Taxes from the Tax Reserve (for the periods and payments so covered by such paymentsSection 8.12(b), Borrower shall pay or cause to be paid all Taxes when due and payable, and before any penalty attaches. Borrowers Upon Administrative Agent’s request, Borrower shall deliver promptly to Administrative Agent receipts or other reasonable evidence of evidencing such payment within forty-five (45) days after and such evidence shall be furnished no later than the end of each calendar monthdate that Taxes would otherwise be delinquent). No Borrower shall not suffer, permit, initiate, or otherwise cause for any purpose, the joint assessment of (i) any the Property with any other real property constituting a tax lot separate from such Propertyproperty, or (ii) any Land the Property and any the Personal Property, or any other procedure whereby the lien of real property taxes and assessments and the lien of personal property taxes shall be assessed, levied or charged against the Land any Parcel as a single lien. While any Obligation remains Obligations remain outstanding, any the Property shall be segregated on the applicable tax rolls from all other property, both real and personal. Borrower’s obligations under this Section 5.11 8.12 shall not be affected by any damage to, defects in or destruction of any the Property or any other event, including obsolescence of all or any part of any the Property.

Borrower’s Obligation for Payment of Taxes. Except Subject to the extent Agent makes payments of Taxes from the Tax Reserve (for the periods and payments so covered by such paymentsSection 7.11(b), Borrower shall pay or cause to be paid all Taxes when due and payable, and before any penalty attaches. Borrowers Upon Administrative Agent’s request, Borrower shall deliver promptly to Administrative Agent receipts or other reasonable evidence of evidencing such payment within forty-five (45) days after and such evidence shall be furnished no later than the end of each calendar monthdate that Taxes would otherwise be delinquent). No Borrower shall not suffer, permit, initiate, or otherwise cause for any purpose, the joint assessment of (i) any the Property with any other real property constituting a tax lot separate from such Propertyproperty, or (ii) any Land the Property and any the Personal Property, or any other procedure whereby the lien of real property taxes and assessments and the lien of personal property taxes shall be assessed, levied or charged against the Land as a single lien. While any Obligation remains Obligations remain outstanding, any the Property shall be segregated on the applicable tax rolls from all other property, both real and personal. Borrower’s obligations under this Section 5.11 7.12 shall not be affected by any damage to, defects in or destruction of any the Property or any other event, including obsolescence of all or any part of any the Property.