Mortgage and/or Intangible Tax. Borrower and Tenant, where applicable, shall, at their sole cost and expense, protect, defend, indemnify, release and hold harmless the Indemnified Parties from and against any and all Losses imposed upon or incurred by or asserted against any Indemnified Parties and directly or indirectly arising out of or in any way relating to any tax on the making and/or recording of this Security Instrument, the Note or any of the other Loan Documents, but excluding any income, franchise or other similar taxes.
Appears in 2 contracts
Samples: Open End Mortgage and Security Agreement (Cedar Income Fund LTD /Md/), Open End Mortgage and Security Agreement (Glimcher Realty Trust)
Mortgage and/or Intangible Tax. Borrower and Tenant, where applicable, shall, at their its sole cost and expense, protect, defend, indemnify, release and hold harmless the Indemnified Parties from and against any and all Losses imposed upon or incurred by or asserted against any Indemnified Parties and directly or indirectly arising out of or in any way relating to any tax on the making and/or recording of this Security Instrument, the Note or any of the other Loan Documents, but excluding any withholding, income, franchise or other similar taxes.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Cedar Shopping Centers Inc), Mortgage and Security Agreement (Cedar Shopping Centers Inc)
Mortgage and/or Intangible Tax. Borrower and Tenant, where applicable, shall, at their its sole cost and expense, protect, defend, indemnify, release and hold harmless the Indemnified Parties from and against any and all Losses imposed upon or incurred by or asserted against any Indemnified Parties and directly or indirectly arising out of or in any way relating to any tax on the making and/or recording of this Security InstrumentDeed of Trust, the Note or any of the other Loan Documents, but excluding any income, franchise or other similar taxes.
Appears in 1 contract
Samples: Deed of Trust, Assignment of Leases and Rents and Security Agreement (Horizon Group Properties Inc)