Failure to Pay Taxes. Should Tenant fail or refuse to pay any real estate or personal property taxes, waste disposal assessments, or other assessments for public or municipal improvements, Landlord shall elect to pay same, after giving written notice to Tenant of its intent to do so, and Tenant shall reimburse Landlord for the payment as additional rent within five days of the receipt of notice of payment from Landlord.
Failure to Pay Taxes. The Borrower, any U.S. Guarantor, or any European Subsidiary shall fail to pay when due any tax, assessment or other governmental charge as and when due to the appropriate governmental entity.
Failure to Pay Taxes. You fail to pay any federal or state income, sales or other taxes due with respect to your Store's operations unless you are in good faith contesting your liability for the taxes;
Failure to Pay Taxes. If you fail to pay any Taxes that are your responsibility under this Agreement, and if Microsoft is required to pay such Taxes on your behalf, you will reimburse Microsoft for the full amount of such Taxes, including any interest, penalties, costs and expenses (including reasonable attorneys' fees) incurred by Microsoft resulting from your failure.
Failure to Pay Taxes. If Grantor or Grantee, as the case may be, shall fail to pay when due any Real Estate Tax or portion thereof which it is obligated to pay hereunder within ten (10) days of receipt of notice from the other Party that it is believed in good faith that such obligation has not been timely paid, the non-defaulting Party may pay the amount of such tax on behalf of the defaulting Party, and the amount so paid, with interest at the rate provided for defaults in Section 6.3 hereof, shall be paid by the defaulting Party upon demand to the non-defaulting Party effecting such cure.
Failure to Pay Taxes. If the Tenant fails to comply with any payment required by the Tenant pursuant to Section 6.1, subject to rectification of such default within the period set out in Subsection
Failure to Pay Taxes. If Lessee or Lessor shall fail to pay any amounts required to be paid in accordance with Sections 11.1, 11.2 or 11.3, respectively, then at any time after furnishing the non-performing Party fifteen (15) Business Days’ prior notice, without waiving or releasing the non-performing Party from any of its obligations or waiving or releasing any rights hereunder, the other Party may pay such amount or perform such act, and all amounts paid, including all costs, expenses and attorneys’ fees, shall be payable by the non-performing Party to the other Party upon written notice to the non-performing Party accompanied by reasonable supporting documentation of such costs and expenses.
Failure to Pay Taxes. In the event any Party shall fail to pay any Taxes that it is required to pay hereunder, any other Party or its Mortgagee may (but shall not be required to) pay all or any portion of such Taxes and the non-paying Party shall reimburse the paying Party or its Mortgagee, as applicable, on demand therefor by the paying Party or its Mortgagee, for the sums so expended, with interest thereon, for the period from such demand to such reimbursement, at an annual rate equal to four (4%) percent per annum in excess of the rate announced from time to time by LaSalle National Bank, or any successor thereto, as its prime rate at its main office in Chicago, IL (the "Interest Rate"); provided, however, that with respect to a Mortgagee, "Interest Rate" shall mean the rate which is the greater of (i) the Interest Rate (as defined above) and (ii) the default interest rate applicable to similar defaults as set forth in such Mortgagee's loan documents. The provisions of Sections 10(a) and 10(b) of Article XIV shall apply to this Section 3(d). 143
Failure to Pay Taxes. Notwithstanding any provision in this Agreement to the contrary, if the Company shall fail to pay its ad valorem taxes when due, then at the option of the County, and in addition to other remedies provided by law, this Agreement may be terminated. For purposes of this paragraph, taxes shall not be considered delinquent if the Company has withheld the payment of taxes pending the appeal of a tax valuation, assessment or xxxx, provided that such withholding of payment is allowed by law, and provided further that the Company does not withhold that portion of the tax xxxx which would be due on the tax value or assessment not contested by the Company.
Failure to Pay Taxes. When RAC fails to duly and punctually make payments due to any agency of the State of Hawaii or any political subdivision (county) of the State of Hawaii, including, but not limited to, payments for any permit, license, or this Agreement, general excise taxes, workers’ compensation payments, unemployment taxes, real property taxes, etc., and such payments are not made within thirty (30) days of their due dates; or