Common use of Disbursement from Tax Escrow Account Clause in Contracts

Disbursement from Tax Escrow Account. Provided amounts in the Tax Escrow Account are sufficient to pay the Taxes then due and no Event of Default exists, Lender shall pay the Taxes as they become due on their respective due dates on behalf of Borrower by applying the funds held in the Tax Escrow Account to the payments of Taxes then due. In making any payment of Taxes, Lender may do so according to any xxxx, statement or estimate obtained from the appropriate public office with respect to Taxes without inquiry into the accuracy of such xxxx, statement or estimate or into the validity of any tax, assessment, sale, forfeiture, tax lien or title or claim thereof.

Disbursement from Tax Escrow Account. Provided amounts in the Tax Escrow Reserve Account are sufficient to pay the Taxes then due and no Event of Default exists, Lender shall pay the Taxes as they become due on their respective due dates on behalf of Borrower by applying the funds held in the Tax Escrow Account to the payments of Taxes then due. In making any payment of Taxes, Lender may do so according to any xxxx, statement or estimate obtained from the appropriate public office with respect to Taxes without inquiry into the accuracy of such xxxx, statement or estimate or into the validity of any tax, assessment, sale, forfeiture, tax lien or title or claim thereof.

Disbursement from Tax Escrow Account. Provided amounts in the Tax Escrow Reserve Account are sufficient to pay the Taxes then due and no Event of Default exists, Lender shall pay the Taxes as they become due on their respective due dates on behalf of Borrower by applying the funds held in the Tax Escrow Account to the payments of Taxes then due. In making any payment of Taxes, Lender may do so according to any xxxxbxxx, statement or estimate obtained from the appropriate public office with respect to Taxes without inquiry into the accuracy of such xxxxbxxx, statement or estimate or into the validity of any tax, assessment, sale, forfeiture, tax lien or title or claim thereof.

Disbursement from Tax Escrow Account. Provided amounts in the Tax Escrow Account are sufficient to pay the Taxes then due and no Event of Default exists, Lender shall pay the Taxes as they become due on their respective of Borrower upon the later of the due dates on behalf of Borrower or the date prior to delinquency, (if available) by applying the funds held in the Tax Escrow Account to the payments of Taxes then due. In making any payment of Taxes, Lender may do so according to any xxxx, statement or estimate obtained from the appropriate public office with respect to Taxes without inquiry into the accuracy of such xxxx, statement or estimate or into the validity of any tax, assessment, sale, forfeiture, tax lien or title or claim thereof.

Disbursement from Tax Escrow Account. Provided amounts in the Tax Escrow Reserve Account are sufficient to pay the Taxes then due and no Event of Default exists, Lender shall pay the Taxes as they become due on their respective due dates on behalf of Borrower by applying the funds held in the Tax Escrow Account to the payments of Taxes then due. In making any payment of Taxes, Lender may do so according to any xxxx, statement or estimate obtained from the appropriate public office with respect to Taxes without inquiry into the accuracy of such xxxx, statement or estimate or into the validity of any tax, assessment, assessment sale, forfeiture, tax lien or title or claim thereof.

Disbursement from Tax Escrow Account. Provided amounts in the Tax Escrow Reserve Account are sufficient to pay the Taxes then due and no Event of Default exists, Lender shall pay the Taxes as they become due on their respective due dates on behalf of Borrower by applying the funds held in the Tax Escrow Account to the payments of Taxes then due. In making any payment of Taxes, Lender may do so according to any xxxxbill, statement or estimate obtained from the appropriate public office xxfice with respect to Taxes without inquiry into the accuracy of such xxxxbill, statement or estimate or into the validity of any tax, assessmentassesxxxxt, sale, forfeiture, tax lien or title or claim thereof.

Disbursement from Tax Escrow Account. Provided amounts in the Tax Escrow Account are sufficient to pay the Taxes then due and no Event of Default exists, . Lender shall pay the Taxes as they become due on their respective due dates on behalf of Borrower by applying the funds held in the Tax Escrow Account to the payments of Taxes then due. In making any payment of Taxes, Lender may do so according to any xxxx, statement or estimate obtained from the appropriate public office with respect to Taxes without inquiry into the accuracy of such xxxx, statement or estimate or into the validity of any tax, assessment, sale, forfeiture, tax lien or title or claim thereof.

Disbursement from Tax Escrow Account. Provided amounts in the Tax Escrow Reserve Account are sufficient to pay the Taxes then due and no Event of Default exists, Lender shall pay the Taxes as they become due on their respective due dates on behalf of Borrower by applying the funds held in the Tax Escrow Account to the payments of Taxes then due. In making any payment of Taxes, Lender may do so according to any xxxxbxxx, statement or estimate obtained from the appropriate public office with respect to Taxes without inquiry into the accuracy of such xxxxbxxx, statement or estimate or into the validity of any tax, assessment, sale, forfeiture, tax lien or title or claim thereof. Any Taxes paid by Lender from the Tax Escrow Account shall be deemed to be a capital contribution from Borrower to Mortgage Borrower.