Common use of Payment of Taxes, Duties, Etc Clause in Contracts

Payment of Taxes, Duties, Etc. of the Issuer Trust. Upon receipt under the Notes of Additional Sums, the Property Trustee shall at the direction of the Administrative Trustees promptly pay any taxes, duties or governmental charges of whatsoever nature (other than withholding taxes) imposed on the Issuer Trust by the United States or any other taxing authority, which were included in such Additional Sums.

Appears in 3 contracts

Samples: Declaration of Trust (BEE Financing Trust III), Declaration of Trust (Strategic Hotels & Resorts, Inc), Declaration of Trust (Strategic Hotels & Resorts, Inc)

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Payment of Taxes, Duties, Etc. of the Issuer Trust. Upon receipt under the Notes Debentures of Additional Sums, the Property Trustee shall at the direction of the Administrative Trustees promptly pay with moneys provided by the Depositor any taxes, duties or governmental charges of whatsoever nature (other than withholding taxes) imposed on the Issuer Trust by the United States or any other taxing authority, which were included in such Additional Sums.

Appears in 3 contracts

Samples: Trust Agreement (Comerica Capital Trust Ii), Trust Agreement (Citizens Banking Corp), Trust Agreement (Citizens Funding Trust IV)

Payment of Taxes, Duties, Etc. of the Issuer Trust. Upon receipt under the Notes Debentures of Additional Sums, the Property Trustee shall at the direction of the Administrative Trustees promptly pay any taxes, duties or governmental charges of whatsoever nature (other than withholding taxes) imposed on the Issuer Trust by the United States or any other taxing authority, authority with respect to which were included in such Additional SumsSums were paid.

Appears in 2 contracts

Samples: Trust Agreement (Southern States Capital Trust Ii), Trust Agreement (Centura Banks Inc)

Payment of Taxes, Duties, Etc. of the Issuer Trust. Upon receipt under the Notes of Additional SumsSums and upon the written direction of the Administrative Trustees, the Property Trustee shall at the direction promptly pay, solely out of the Administrative Trustees promptly pay monies on deposit pursuant to this Trust Agreement, any taxes, duties or governmental charges of whatsoever nature (other than withholding taxes) Additional Taxes imposed on the Issuer Trust by the United States or any other taxing authority, which were included in such Additional Sums.

Appears in 2 contracts

Samples: Trust Agreement (Everest Re Group LTD), Trust Agreement (Everest Re Capital Trust)

Payment of Taxes, Duties, Etc. of the Issuer Trust. Upon receipt under the Notes of Additional Sums, the Property Trustee shall at the direction of the Administrative Trustees promptly pay any taxes, duties or governmental charges of whatsoever nature (other than withholding taxes) imposed on the Issuer Trust by the United States or any other taxing authority, which were included in such Additional Sums.

Appears in 1 contract

Samples: Declaration of Trust (CT Public Preferred Trust III)

Payment of Taxes, Duties, Etc. of the Issuer Trust. Upon receipt under the Notes Debentures of Additional Sums, the Property Trustee shall at the direction of the Administrative Trustees promptly pay any taxes, duties or governmental charges of whatsoever ofwhatsoever nature (other than withholding taxes) imposed on the Issuer Trust by the United States or any other taxing authority, which were included in such Additional Sums.

Appears in 1 contract

Samples: Trust Agreement (Scana Corp)

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Payment of Taxes, Duties, Etc. of the Issuer Trust. Upon receipt under the Notes Debentures of Additional Sums, the Property Trustee shall at shall, upon the written direction of the any Administrative Trustees Trustee, promptly pay any taxes, duties or governmental charges of whatsoever nature (other than withholding taxes) imposed on the Issuer Trust by the United States or any other taxing authority, which were included in such Additional Sums.

Appears in 1 contract

Samples: Trust Agreement (Dime Bancorp Inc)

Payment of Taxes, Duties, Etc. of the Issuer Trust. Upon receipt under the Notes Indenture of Additional Sums, the Property Trustee shall at the direction of the Administrative Trustees promptly pay any taxes, duties or governmental charges of whatsoever nature (other than withholding taxes) imposed on the Issuer Trust by the United States or any other taxing authority, authority with respect to which were included in such Additional SumsSums were paid.

Appears in 1 contract

Samples: Trust Agreement (HSB Group Inc)

Payment of Taxes, Duties, Etc. of the Issuer Trust. Upon receipt under the Notes Debt Securities of Additional SumsSums and upon the written direction of the Administrative Trustees, the Property Trustee shall at the direction promptly pay, solely out of the Administrative Trustees promptly pay monies on deposit pursuant to this Trust Agreement, any taxes, duties or governmental charges of whatsoever nature (other than withholding taxes) Additional Taxes imposed on the Issuer Trust by the United States or any other taxing authority, which were included in such Additional Sums.

Appears in 1 contract

Samples: Trust Agreement (Everest Re Group LTD)

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