No Credit for Payment of Taxes. The Mortgagor shall not be entitled to any credit against the Secured Obligations by reason of the payment of any tax on the Property or any part thereof or by reason of the payment of any other Imposition, and shall not apply for or claim any deduction from the taxable value of the Property or any part thereof by reason of this Mortgage.
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Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sterling Chemical Inc), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Leiner Health Products Inc), Mortgage (Leiner Health Products Inc)
No Credit for Payment of Taxes. The Mortgagor shall not be entitled to any credit against the Secured Obligations principal or premium, if any, or interest or additional interest on the Notes or any other sum which may become payable under the terms of the Indenture or any Security Document by reason of the payment of any tax on the Mortgaged Property or any part thereof or by reason of the payment of any other Impositiontaxes, assessments or similar charges, and shall not apply for or claim any deduction from the taxable value of the Mortgaged Property or any part thereof by reason of this Mortgage.
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No Credit for Payment of Taxes. The Mortgagor shall not be ------------------------------ entitled to any credit against the Secured Obligations by reason of the payment of any tax on the Property or any part thereof or by reason of the payment of any other Imposition, and shall not apply for or claim any deduction from the taxable value of the Property or any part thereof by reason of this Mortgage.
Appears in 1 contract
No Credit for Payment of Taxes. The Mortgagor shall not be ------------------------------ entitled to any credit against the Secured Obligations by reason of the payment of any tax on the Property or any part thereof or by reason of the payment of any other Imposition, and shall not apply for or claim any deduction from the taxable value of the Property or any part thereof by reason of this Mortgage.
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Samples: Mortgage (Aristotle Corp)
No Credit for Payment of Taxes. The Mortgagor shall not be entitled to any credit against the Secured Obligations by reason of the payment of any tax on the Property or any part thereof or by reason of the payment of any other Imposition, and shall not apply for or claim any deduction from the taxable value of the Property or any part thereof by reason of this Mortgage.
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