Liens and Taxes. Lessee shall keep the Equipment free and clear of all levies, liens and encumbrances, except those in favor of Lessor or its assigns, and shall give Lessor immediate notice of any attachment or other judicial process affecting any item of Equipment. Unless Lessee first provides proof of exemption therefrom, Lessee shall promptly reimburse Lessor, upon receipt of an accurate invoice, as an additional sum payable under this MLA, or shall pay directly if so requested by Lessor, all license and registration fees, sales, use, personal property taxes and all other taxes and charges imposed by any federal, state, or local governmental or taxing authority, from which the Lessee is not exempt, whether assessed against Lessee or Lessor, relating to the purchase, ownership, leasing, or use of the Equipment or the Rent Payments, excluding all taxes computed upon the net income of Lessor. Any tax statement received by the Lessor, for taxes payable by the Lessee, shall be promptly forwarded by the Lessor to the Lessee for payment.
Liens and Taxes. I will pay all liens, taxes, assessments and other government charges made against the Property when due. I will not claim any deduction from the taxable value of the Property because of this Mortgage. I will not claim any credit against the Principal and interest payable under the Note and this Mortgage for any taxes paid on the Property.
Liens and Taxes. Lessor shall keep the Equipment free and clear of liens and encumbrances. Lessee shall not be responsible for any taxes (property, local, state, or federal) related to ownership of the Equipment. Lease Payments Lease payments shall be made in accordance with Payment Schedule (Exhibit C attached hereto and made a part hereof). The Lease payments for Equipment during the Term shall be payable to the Lessor in the amounts and sent to the address as specified on a per schedule basis on the Assignment Acknowledgement Lease payments shall be paid on a basis. First Lease payment shall be due no less than thirty (30) days after Lease Commencement Date or Lessor billing date, whichever is the later, for all Equipment. Assignment LESSEE MAY NOT SELL, PLEDGE, TRANSFER, ASSIGN OR SUBLEASE THE EQUIPMENT OR THIS LEASE AGREEMENT OR ANY SCHEDULE. Lessor may sell, assign, or transfer all or any part of this Lease Agreement, any Schedule, and/or the Equipment. Assignment requires Lessee’s prior written approval which will not be unreasonably withheld. The new owner will have the same rights that Lessor had, but Lessee agrees Lessee will not assert against the new owner any claims, defenses or set-offs that Lessee may have against Lessor or any supplier. The parties agree that any assignment will not materially affect Lessee’s rights and benefits under this Lease Agreement or any Schedule.
Liens and Taxes. The Customer must keep the Equipment free of liens, charges, and encumbrances of every nature and kind whatsoever and must pay all fees, taxes, or other which may be levied or assessed against the Equipment in connection with the possession or use thereof by the Customer.
Liens and Taxes. Lessee shall keep the Equipment free and clear of all levies, liens and encumbrances, except those in favor of Lessor or its assigns, and shall give Lessor immediate notice of any attachment or other judicial process affecting any item of Equipment. Unless Lessee first provides proof of exemption therefrom, Lessee shall promptly reimburse Lessor, upon receipt of an accurate invoice, as an additional sum payable under this MLA, or shall pay directly if so requested by Lessor, all license and registration fees, sales, use, personal DocuSign Envelope ID: 6DED73F5-BFF8-4F97-8769-3BDA849BBAEB property taxes and all other taxes and charges imposed by any federal, state, or local governmental or taxing authority, from which the Lessee is not exempt, whether assessed against Lessee or Lessor, relating to the purchase, ownership, leasing, or use of the Equipment or the Rent Payments, excluding all taxes computed upon the net income of Lessor. Any tax statement received by the Lessor, for taxes payable by the Lessee, shall be promptly forwarded by the Lessor to the Lessee for payment.
Liens and Taxes. LESSEE shall keep the EQUIPMENT free and clear of all levies, liens and encumbrances. LESSEE shall pay LESSOR, on or before the due date, all charges and taxes, local, state or federal, which may now or hereafter be imposed upon the ownership, leasing, rental, sale, purchase, possession or use of the EQUIPMENT, excluding, however, all taxes on LESSOR’s income. If XXXXXX fails to pay said charges or taxes to LESSOR when due, LESSOR shall have the right, but shall not be obligated, to pay said charges or taxes, and add the same to the next payment of rent, together with late charges as set out in Section 24. XXXXXX agrees to pay a reasonable fee to LESSOR for the processing of property tax payments.
Liens and Taxes. Borrower has duly filed, paid and/or discharged all taxes or other claims that may become a lien on any of its property or assets, except to the extent that such items are being appropriately contested in good faith and an adequate reserve for the payment thereof is being maintained.
Liens and Taxes. Subject to the right of Grantor to contest any such payments in accordance with the terms of the Agreement, Grantor shall (a) pay, prior to delinquency, all Taxes which are or may become a Lien affecting any part of the Trust Property and not give its express consent or affirmative vote to any Special Taxes which affect or may affect any of the Trust Property without first obtaining Beneficiary's prior written consent, such consent not to be unreasonably withheld, delayed or conditioned (but shall not be required to contest the imposition of Special Taxes), (b) keep the Trust Property free and clear of all Liens and Rights of Others, subject only to Permitted Exceptions and Permitted Transfers, (c) diligently post and record notice of nonresponsibility where appropriate, and (d) pay and perform when due all other obligations secured by or constituting a Lien affecting any part of the Trust Property, except that the Grantor shall not be required to pay or perform any such Taxes, Liens or other obligations which arc being actively contested in good faith by appropriate proceedings, provided that the Grantor has posted such security for the payment or performance of such Taxes, Liens or other obligations as any Governmental Agency may require, or, to the extent such Taxes, Liens or other obligations exceed $50,000 in the aggregate, the Beneficiary may reasonably require (not to exceed 100% of the potential liability thereunder) and, by reason of nonpayment, none of the Collateral or any Lien or other interest of the Beneficiary under this Deed of Trust or any of the other Loan Documents is prejudiced or in danger of being sold, foreclosed or otherwise lost or forfeited, and provided further that if any action or other proceeding is instituted to enforce any Lien against any of the Collateral, the Grantor shall immediately make such payments, obtain such surety bonds and/or take such other action as the Beneficiary may reasonably require in order to release such Lien.
Liens and Taxes. Mortgagor will not suffer or permit any mechanics’, laborers’ or materialmen’s liens, or claims of lien, to be filed or otherwise asserted against or to remain on the Mortgaged Property for more than 30 days, and shall cause the same to be released and discharged, or transferred to bond as permitted by law prior to the expiration of the 30 day period. Mortgagor will pay, or cause to be paid, before they become delinquent, all taxes, assessments, water and sewer rents, license fees, dues, charges and levies of any kind, general or specific, imposed upon the Mortgaged Property or upon any part thereof or upon any interests of Mortgagor or Mortgagee therein and will furnish Mortgagee upon request evidence satisfactory to Mortgagee of the timely payment of same.
Liens and Taxes. Lessee shall keep the Equipment free and clear of all liens and encumbrances except those created under the Master Lease. Lessee shall pay, when due, all charges and taxes (local, state and federal) which may now or hereafter be imposed upon the ownership, leasing, rental, sale, purchase, possession or use of the Equipment. If Xxxxxx fails to pay any charges and taxes when due, Lessor shall have the right, but shall not be obligated, to pay such charges and taxes. If Lessor pays any charges or taxes for which Xxxxxx is responsible or liable under the Master Lease, Lessee shall promptly reimburse Lessor therefor.
