Common use of No Credit for Payment of Taxes or Impositions Clause in Contracts

No Credit for Payment of Taxes or Impositions. The Grantor shall not be entitled to any credit against the principal, premium, if any, or interest payable under the Indenture or the Notes, and the Grantor shall not be entitled to any credit against any other sums which may become payable under the terms thereof or hereof, by reason of the payment of any Charge on the Mortgaged Property or any part thereof.

Appears in 5 contracts

Samples: And Attornment Agreement (Jacobs Entertainment Inc), Disturbance and Attornment Agreement (Jacobs Entertainment Inc), And Attornment Agreement (Jacobs Entertainment Inc)

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No Credit for Payment of Taxes or Impositions. The Grantor shall not be entitled to any credit against the principal, premium, if any, or interest payable under the Indenture or the NotesCredit Agreement, and the Grantor shall not be entitled to any credit against any other sums which may become payable under the terms thereof or hereof, by reason of the payment of any Charge on the Mortgaged Trust Property or any part thereof.

Appears in 2 contracts

Samples: Credit Agreement (Norcraft Companies Lp), Credit Agreement (Ionics Inc)

No Credit for Payment of Taxes or Impositions. The Grantor shall not be entitled to any credit against the principal, premiumprincipal of or interest, if any, or interest payable under on the Indenture or the NotesMortgage Note, and the Grantor shall not be entitled to any credit against any other sums amounts which may become payable under the terms thereof or hereof, by reason of the payment of any Charge tax on the Mortgaged Property or any part thereofthereof or by reason of the payment of any other Imposition or other amount required to be paid hereunder. No deduction shall be made or claimed from the taxable value of the Property or any part thereof by reason of this Deed of Trust.

Appears in 2 contracts

Samples: Waiver and Agreement (Arden Realty Inc), Waiver and Agreement (Arden Realty Inc)

No Credit for Payment of Taxes or Impositions. The Grantor shall not be entitled to any credit against the principal, premium, if any, or interest payable under the Indenture or the NotesCredit Agreement, and the Grantor shall not be entitled to any credit against any other sums which may become payable under the terms thereof or hereof, by reason of the payment of any Charge tax or other impositions on the Mortgaged Property or any part thereof.

Appears in 2 contracts

Samples: Securities Pledge Agreement (Carson Inc), Agreement; Assignment Agreement (Carson Products Co)

No Credit for Payment of Taxes or Impositions. The Grantor shall not be entitled to any credit against the principal, premium, if any, or interest payable under the Indenture or the NotesCredit Agreement, and the Grantor shall not be entitled to any credit against any other sums which may become payable under the terms thereof or hereof, by reason of the payment of any Charge tax or other impositions on the Mortgaged Property or any part thereof.

Appears in 1 contract

Samples: Security Agreement (Tuesday Morning Corp/De)

No Credit for Payment of Taxes or Impositions. The No Grantor shall not be entitled to any credit against the principal, premium, if any, or interest payable under the Indenture or the Notes, Credit Agreement and the no Grantor shall not be entitled to any credit against any other sums which may become payable under the terms thereof or hereof, by reason of the payment of any Charge on the Mortgaged Property or any part thereof.

Appears in 1 contract

Samples: Disturbance and Attornment Agreement (Jalou Cashs LLC)

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No Credit for Payment of Taxes or Impositions. The No --------------------------------------------- Grantor shall not be entitled to any credit against the principal, premium, if any, or interest payable under the Indenture or the Notes, and the no Grantor shall not be entitled to any credit against any other sums which may become payable under the terms thereof or hereof, by reason of the payment of any Charge on the Mortgaged Property or any part thereof.

Appears in 1 contract

Samples: Security Agreement (Raceland Truck Plaza & Casino LLC)

No Credit for Payment of Taxes or Impositions. The Grantor shall not be entitled to any credit against the principal, premium, if any, or interest payable under the Indenture or the NotesCredit Agreement, and the Grantor shall not be entitled to any credit against any other sums which may become payable under the terms thereof or hereof, by reason of the payment of any Charge tax or other impositions on the Mortgaged Property or any part thereof.. DRAFT: March 21, 1997 H:\WPCDOCS\1186\141461

Appears in 1 contract

Samples: Securities Pledge Agreement (Carson Inc)

No Credit for Payment of Taxes or Impositions. The Grantor shall not be entitled to any credit against the principal, premium, if any, or interest payable under the Indenture or the NotesPurchase Agreement, and the Grantor shall not be entitled to any credit against any other sums which may become payable under the terms thereof or hereof, by reason of the payment of any Charge on the Mortgaged Trust Property or any part thereof.

Appears in 1 contract

Samples: Purchase Agreement (Terremark Worldwide Inc)

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