Payment of Taxes, Duties. Etc. of the Trust. Upon receipt under the Notes of Additional Tax Sums and upon the written direction of the Administrative Trustees, the Property Trustee shall promptly pay, solely out of monies on deposit pursuant to this Trust Agreement, any Additional Taxes imposed on the Trust by the United States or any other taxing authority.
Appears in 36 contracts
Samples: Trust Agreement (Paragon Commercial CORP), Trust Agreement (Entegra Financial Corp.), Trust Agreement (Wilshire Bancorp Inc)
Payment of Taxes, Duties. Etc. of the Trust. Upon receipt under the Notes Debentures of Additional Tax Sums and upon the written direction of the Administrative TrusteesSums, the Property Trustee shall promptly paypay any taxes, solely out duties or governmental charges of monies on deposit pursuant to this Trust Agreement, any Additional Taxes whatsoever nature (other than withholding taxes) imposed on the Trust by the United States or any other taxing authority.
Appears in 6 contracts
Samples: Trust Agreement (Greater Bay Bancorp), Trust Agreement (Glacier Water Services Inc), Trust Agreement (American Coin Merchandising Trust Iv)
Payment of Taxes, Duties. Etc. ., of the Trust. Upon receipt under the Notes Debt Securities of Additional Tax Sums and upon the written direction of the Administrative TrusteesSums, the Property Trustee Trustee, upon receipt of written notice from the Sponsor or the Regular Trustees, shall promptly paypay from such Additional Sums any taxes, solely out duties or governmental charges of monies on deposit pursuant to this Trust Agreement, any Additional Taxes whatsoever nature (other than withholding taxes) imposed on the Trust by the United States or any other taxing authority.
Appears in 5 contracts
Samples: Trust Agreement (HPT Capital Trust I), Trust Agreement (SNH Nebraska Inc), Trust Agreement (SNH Nebraska Inc)
Payment of Taxes, Duties. Etc. of the Trust. Upon receipt under the Notes of Additional Tax Sums and upon the written direction of the Administrative Trustees, the Property Trustee shall promptly pay, solely out of monies on deposit pursuant to this Trust Agreement, any Additional Taxes imposed on the Trust by the United States or any other taxing authority.. 21
Appears in 2 contracts
Samples: Trust Agreement (Simmons First National Corp), Trust Agreement (Simmons First National Corp)
Payment of Taxes, Duties. Etc. of the Trust. Upon receipt under the Notes ICONs of Additional Tax Sums and upon the written direction of the Administrative Trustees, the Property Trustee shall promptly pay, solely out of monies on deposit pursuant to this Trust Agreement, any Additional Taxes imposed on the Trust by the United States or any other taxing authority.
Appears in 1 contract
Samples: Trust Agreement (National City Corp)
Payment of Taxes, Duties. Etc. of the Trust. Upon receipt under the Notes Subordinated Debt Securities of Additional Tax Sums and upon the written direction of the Administrative TrusteesPayments, the Property Trustee, at the direction of an Administrative Trustee or the Depositor, shall promptly paypay any taxes, solely out duties or governmental charges of monies on deposit pursuant to this Trust Agreement, any Additional Taxes whatsoever nature (other than withholding taxes) imposed on the Trust by the United States or any other taxing authority.
Appears in 1 contract
