Common use of Payment of Taxes and Property Impositions Clause in Contracts

Payment of Taxes and Property Impositions. Borrower has filed all federal, state, and local tax returns which it is required to file and has paid, or made adequate provision for the payment of, all taxes which are shown pursuant to such returns or are required to be shown thereon or to assessments received by Borrower, including, without limitation, provider taxes. All such returns are complete and accurate in all respects. Borrower has paid or made adequate provision for the payment of all applicable water and sewer charges, government assessments, ground rents (if applicable) and Taxes (as defined in the Mortgage) with respect to the Property.

Appears in 4 contracts

Samples: Loan Agreement (Advocat Inc), Loan Agreement (Advocat Inc), Loan Agreement (Advocat Inc)

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