No Credit for Payment of Taxes. The Grantor shall not be entitled to any credit against the 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 Deed of Trust.
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Samples: Credit Agreement (Applied Medical Corp), Credit Agreement (Applied Medical Corp)
No Credit for Payment of Taxes. The Grantor 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 Deed of TrustDeed.
Appears in 2 contracts
Samples: Leasehold Deed to Secure Debt, Assignment and Security Agreement (Sterling Chemical Inc), Leasehold Deed to Secure Debt, Assignment and Security Agreement (Sterling Chemical Inc)
No Credit for Payment of Taxes. The Grantor shall not be entitled to any credit against the 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 Deed of TrustDeed.
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No Credit for Payment of Taxes. The Grantor shall not be ------------------------------ entitled to any credit against the 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 Deed of Trust.
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