No Other Liens; Taxes and Municipal Charges Current Sample Clauses

No Other Liens; Taxes and Municipal Charges Current. The Collateral shall not be subject to any liens or encumbrances, whether inferior or superior to the Loan Documents or the Security Documents, except in respect of: (i) real estate taxes and personal property taxes not yet due and payable; and (ii) Permitted Title Exceptions, if any. All real estate taxes, personal property taxes and other municipal charges relating to any of the Collateral shall be current.
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No Other Liens; Taxes and Municipal Charges Current. Subject to Section 11.1.4 below, the Property and Collateral shall not be subject to any liens or encumbrances, whether inferior or superior to the Loan Documents or the Security Documents, except in respect of: (a) personal property taxes not yet due and payable; and (b)
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No Other Liens; Taxes and Municipal Charges Current. The Collateral shall not be subject to any liens or encumbrances, whether inferior or superior to the Credit Documents or the Security Documents, unless such liens or encumbrances have been approved by Administrative Agent and Lenders.
Sample 1Sample 2
No Other Liens; Taxes and Municipal Charges Current. The Property shall not be subject to any liens or encumbrances, whether inferior or superior to the Loan Documents or the Security Documents, except in respect of: (i) real estate taxes and personal property taxes not yet due and payable; and (ii) Permitted Title Exceptions, if any. All real estate taxes, personal property taxes and other municipal charges relating to any of the Property shall be current.
Sample 1
No Other Liens; Taxes and Municipal Charges Current. Lender shall have --------------------------------------------------- received the results of lien searches showing no liens or encumbrances on the Collateral, whether inferior or superior to Lender's liens on the Collateral, except in respect of: (a) real estate taxes, personal property taxes and other municipal charges not yet due and payable; and (b)
Sample 1

Related to No Other Liens; Taxes and Municipal Charges Current

  • Taxes, Charges and Liens Pay and discharge when due all of its indebtedness and obligations, including without limitation all assessments, taxes, governmental charges, levies and liens, of every kind and nature, imposed upon Borrower or its properties, income, or profits, prior to the date on which penalties would attach, and all lawful claims that, if unpaid, might become a lien or charge upon any of Borrower’s properties, income, or profits. Provided however, Xxxxxxxx will not be required to pay and discharge any such assessment, tax, charge, xxxx, xxxx or claim so long as (1) the legality of the same shall be contested in good faith by appropriate proceedings, and (2) Borrower shall have established on Borrower’s books adequate reserves with respect to such contested assessment, tax, charge, levy, lien, or claim in accordance with GAAP.

  • Taxes and Charges Contractor shall be responsible for payment of all taxes, fees, contributions or charges applicable to the conduct of the Contractor’s business.

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