Common use of Change in Tax Laws Clause in Contracts

Change in Tax Laws. If, by the laws of the United States of America, or of any state or municipality having jurisdiction over Administrative Agent or any Bank, Borrower or the Property, any tax is imposed or becomes due in respect of the Note or any Security Instrument (excluding income, excise or franchise taxes imposed upon a Bank, except as levied against the income of a Bank as a complete or partial substitute for Taxes to be paid by Borrower hereunder), or any liens on the Property created thereby, then Borrower shall pay such tax in the manner required by such law.

Change in Tax Laws. If, by the laws of the United States of America, or of any state or municipality having jurisdiction over Administrative Agent or any Bankthe Lender, the Borrower or the Property, any tax is imposed or becomes due in respect of the Note or any the Security Instrument (excluding income, excise or franchise taxes imposed upon a Bankthe Lender, except as levied against the income of a Bank Lender as a complete or partial substitute for Taxes to be paid by Borrower hereunder), or any liens on the Property created thereby, then the Borrower shall pay such tax in the manner required by such law.

Change in Tax Laws. If, by the laws of the United States of America, or of any state or municipality having jurisdiction over the Administrative Agent or any Bank, Borrower or the Property, any tax is imposed or becomes due in respect of the Note or any the Security Instrument (excluding income, excise or franchise taxes imposed upon a Bank, except as levied against the income of a Bank as a complete or partial substitute for Taxes to be paid by Borrower hereunder), or any liens on the Property created thereby, then Borrower shall pay such tax in the manner required by such law.

Change in Tax Laws. If, by the laws of the United States of America, or of any state or municipality having jurisdiction over Administrative Agent or any Bankthe Lender, the Borrower or the Property, any tax is imposed or becomes due in respect of the Note or any the Security Instrument (excluding income, excise or franchise taxes imposed upon a BankInstrument, except as levied against the income of a Bank as a complete or partial substitute for Taxes to be paid by Borrower hereunder)Excluded Taxes, or any liens on the Property created thereby, then the Borrower shall pay such tax in the manner required by such law.

Change in Tax Laws. If, by the laws of the United States of America, or of any state or municipality having jurisdiction over Administrative Agent or any Bankthe Lender, the Borrower or the Property, any tax is imposed or becomes due in respect of the Note or any the Security Instrument (excluding income, excise or franchise taxes imposed upon a Bank, except as levied against the income of a Bank as a complete or partial substitute for Taxes to be paid by Borrower hereunder)Lender, or any liens on the Property created thereby, then the Borrower shall pay such tax in the manner required by such law.

Change in Tax Laws. If, by the laws of the United States of America, or of any state or municipality having jurisdiction over Administrative Agent or any Bankthe Lender, the Borrower or the Property, any tax is imposed or becomes due in respect of the Note or any Security Instrument the Mortgage (excluding income, excise or franchise taxes imposed upon a Bankthe Lender, except as levied against the income of a Bank Lender as a complete or partial substitute for Taxes to be paid by Borrower hereunder), or any liens on the Property created thereby, then the Borrower shall pay such tax in the manner required by such law.

Change in Tax Laws. If, by the laws of the United States of America, or of any state or municipality having jurisdiction over Administrative Agent the Lender, any Borrower or any Bank, Borrower or the Hotel Property, any tax is imposed or becomes due in respect of the Note or any Security Instrument Mortgage (excluding income, excise or franchise taxes imposed upon a Bankthe Lender, except as levied against the income of a Bank Lender as a complete or partial substitute for Taxes to be paid by Borrower Borrowers hereunder), or any liens on the any Hotel Property created thereby, then Borrower the Borrowers shall pay such tax in the manner required by such law.

Change in Tax Laws. If, by the laws of the United States of America, or of any state or municipality having jurisdiction over Administrative Agent or any Bank, Borrower or the Property, any tax is imposed or becomes due in respect of the Note or any the Security Instrument (excluding income, excise or franchise taxes imposed upon a Bank, except as levied against the income of a Bank as a complete or partial substitute for Taxes to be paid by Borrower hereunder), or any liens on the Property created thereby, then Borrower shall pay such tax in the manner required by such law.