– Payment Assurance. 5.1 In the event that the Borrower fails to, or is in jeopardy of failing to, make payments as required under Section 4.1, the Borrower shall impose and collect fees, charges, rates and other levies as permitted by the Drainage Districts Act (Alberta) of an amount sufficient to pay to ACFA all amounts in arrears and becoming due and owing under this Agreement or any Debenture.
Appears in 3 contracts
Samples: Acfa Borrowing Manual, acfa.gov.ab.ca, acfa.gov.ab.ca
– Payment Assurance. 5.1 In the event that the Borrower fails to, or is in jeopardy of failing to, make payments as required under Section 4.1, the Borrower shall impose and collect fees, charges, rates taxes on all taxable property and other levies as permitted by the Drainage Districts Act (Alberta) businesses in its municipality of an amount sufficient to pay to ACFA all amounts in arrears and becoming due and owing under this Agreement or any Debenture.
Appears in 3 contracts
Samples: Loan Agreement, Acfa Borrowing Manual, Master Loan Agreement
– Payment Assurance. 5.1 In the event that the Borrower fails to, or is in jeopardy of failing to, make payments as required under Section 4.1, the Borrower shall impose upon and collect fees, charges, rates and other levies as permitted by the Drainage Districts Act (Alberta) from its customers a fee of an amount sufficient to pay to ACFA all amounts in arrears and becoming due and owing under this Agreement or any Debenture.
Appears in 2 contracts
Samples: Master Loan Agreement, Master Loan Agreement
– Payment Assurance. 5.1 In the event that the Borrower fails to, or is in jeopardy of failing to, make payments as required under Section 4.1, the Borrower shall impose and collect fees, charges, rates and other levies as permitted by the Drainage Irrigation Districts Act (Alberta) of an amount sufficient to pay to ACFA all amounts in arrears and becoming due and owing under this Agreement or any Debenture.
Appears in 2 contracts
Samples: Acfa Borrowing Manual, acfa.gov.ab.ca
