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.
Appears in 2 contracts
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: Assignment and Security Agreement (Sterling Chemical Inc), 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 Trust.
Appears in 1 contract
Samples: Aristotle Corp
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.
Appears in 1 contract
Samples: Assignment and Security Agreement (Sterling Chemical Inc)
No Credit for Payment of Taxes. The or Impositions Grantor shall not be entitled to any credit against the Obligations principal of or interest, if any, payable on the Mortgage Note, and the Grantor shall not be entitled to any credit against any other amounts which may become payable under the terms thereof or hereof, 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 Imposition or other amount required to be paid hereunder. No deduction shall not apply for be made or claim any deduction claimed from the taxable value of the Property or any part thereof by reason of this Deed of Trust.
Appears in 1 contract
Samples: Loan Agreement (Arden Realty Inc)
