PAYMENT OF TAXES, INSURANCE PREMIUMS, ETC Sample Clauses

PAYMENT OF TAXES, INSURANCE PREMIUMS, ETC. All real estate taxes, special government assessments, ground rents and flood, hazard, MI insurance premiums with respect to all Mortgage Loans have been paid prior to delinquency by Seller, the Current Servicer or Prior Servicers or, if not escrowed, by Mortgagors.
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PAYMENT OF TAXES, INSURANCE PREMIUMS, ETC. To Sellers' knowledge, the responsibilities of all prior servicers and originators of the Serviced Mortgage Loans with respect to all applicable taxes (including tax reporting for the period prior to the Closing), special assessments, ground rents, flood insurance premiums, hazard insurance premiums, and mortgage insurance premiums that are related to the Serviced Mortgage Loans have been met in all material respects.
PAYMENT OF TAXES, INSURANCE PREMIUMS, ETC. All real estate taxes, special government assessments, ground rents and flood, hazard, LGC, MIC and MI insurance premiums with respect to all Mortgage Loans have been paid when due by Seller or the Prior Servicers or, if not escrowed, paid by the Mortgagors.
PAYMENT OF TAXES, INSURANCE PREMIUMS, ETC. If required by the related Servicing Agreement or Master Servicer, Agency or Investor requirements, Seller shall pay or cause to be paid, prior to the Transfer Date, all real estate, special assessments, water, sewer or like tax bills issued by the jurisdiction (including all interest, late payments and penalties in connection therewith) and relating to the property securing the Mortgage, where such a tax bill xxx been received that is due and owing without penalty to such taxing authority prior to or on the Transfer Date, and those due thirty (30) days after the Transfer Date provided a tax bill xxx been received prior to the Transfer Date. Seller shall provide to Purchaser a list of those loans on which tax bills are due but despite Seller's best efforts, it has been unable to obtain a bill xx pay. Seller and any Prior Servicers have paid when due all flood insurance premiums, hazard insurance premiums, ground rents and mortgage insurance premiums. In the event Purchaser incurs any delinquent interest, late penalties and/or payments as a result of either incorrect parcel identification numbers or property addresses, Seller hereby indemnifies Purchaser for such penalties and shall reimburse Purchaser in full for such expenses up to and including the next billing period for each taxing entity.
PAYMENT OF TAXES, INSURANCE PREMIUMS, ETC. All applicable taxes, special assessments and ground rents (i) have been paid prior to any "economic loss" dates or discount dates (or if payments were made after any "economic loss" date or discount date, then Seller has paid any penalty or reimbursed any discount out of Seller's corporate funds) and (ii) will continue to be paid as set forth in (i), if due within thirty (30) days after the Transfer Date, if Seller, or its tax service provider, has received notice that such payment is due at least five (5) Business Days prior to the Transfer Date. All flood and hazard insurance premiums and mortgage insurance premiums (i) which are due, have been paid without loss or penalty to the Borrower and (ii) will continue to be paid without loss or penalty to the Borrower, and if due within thirty (30) days after the Transfer Date and notice of such payment has been received at least five (5) Business Days prior to the Transfer Date will be paid prior to the Transfer Date, except as noted in Section 7.28. All Mortgage Loans required to carry escrows under applicable law, Agency Requirements or the Mortgage Loan documents, provide for tax and insurance escrows. All Mortgage Loans for which Seller has advanced funds for payment of all or part of the escrowed items have established escrows in amounts sufficient to reimburse such advances, if not prohibited by applicable law.

Related to PAYMENT OF TAXES, INSURANCE PREMIUMS, ETC

  • Payment of Taxes, Etc Pay and discharge, and cause each of its Subsidiaries to pay and discharge, before the same shall become delinquent, (i) all taxes, assessments and governmental charges or levies imposed upon it or upon its property and (ii) all lawful claims that, if unpaid, might by law become a Lien upon its property; provided, however, that neither the Borrower nor any of its Subsidiaries shall be required to pay or discharge any such tax, assessment, charge or claim that is being contested in good faith and by proper proceedings and as to which appropriate reserves are being maintained, unless and until any Lien resulting therefrom attaches to its property and becomes enforceable against its other creditors.

  • Payment of Taxes, Insurance and Other Charges With respect to each Mortgage Loan, the Master Servicer shall maintain accurate records reflecting the status of ground rents, taxes, assessments, water rates and other charges which are or may become a lien upon the Mortgaged Property and the status of fire and hazard insurance coverage and, as to those Mortgage Loans subject to a voluntary escrow agreement, shall obtain, from time to time, all bills for the payment of such charges (including renewal premiums) and shall effect payment thereof prior to the applicable penalty or termination date and at a time appropriate for securing maximum discounts allowable, employing for such purpose deposits of the Mortgagor in the Escrow Account which shall have been estimated and accumulated by the Master Servicer in amounts sufficient for such purposes, as allowed under the terms of the Mortgage or Applicable Regulations. The Master Servicer assumes full responsibility for the timely payment of all such bills and shall effect timely payments of all such bills irrespective of the Mortgagor's faithful performance in the payment of same or the making of the Escrow Payments and shall make Servicing Advances from its own funds to effect such payments. To the extent that the Mortgage does not provide for Escrow Payments, the Master Servicer shall use reasonable efforts consistent with the Servicing Standard to determine that any such payments are made by the Mortgagor at the time they first become due and shall ensure that the Mortgaged Property is not lost to a tax lien as a result of nonpayment and that such Mortgaged Property is not left uninsured.

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

  • Reinsurance Premiums A. Computation Reinsurance Premiums under this Agreement shall be calculated as described in Exhibit I.

  • Payment of Taxes, Insurance and Other Charges; Collections Thereunder With respect to each Mortgage Loan, the Seller shall maintain accurate records reflecting the status of ground rents, taxes, assessments and other charges which are or may become a lien upon the Mortgaged Property and the status of premiums for Primary Mortgage Insurance Policies and fire and hazard insurance coverage and shall obtain, from time to time, all bills for the payment of such charges (including renewal premiums) and shall effect payment thereof prior to the applicable penalty or termination date and at a time appropriate for securing maximum discounts allowable, employing for such purpose deposits of the Mortgagor in the Escrow Account which shall have been estimated and accumulated by the Seller in amounts sufficient for such purposes, as allowed under the terms of the Mortgage. To the extent that a Mortgage does not provide for Escrow Payments, the Seller shall determine that any such payments are made by the Mortgagor. The Seller assumes full responsibility for the timely payment of all such bills and shall effect timely payments of all such bills irrespective of each Mortgagor’s faithful performance in the payment of same or the making of the Escrow Payments and shall make Servicing Advances to effect such payments, subject to its ability to recover such Servicing Advances pursuant to Subsections 11.05(c), 11.05(d) and 11.07(b). No costs incurred by the Seller or subservicers in effecting the payment of ground rents, taxes, assessments and other charges on the Mortgaged Properties or mortgage or hazard insurance premiums shall, for the purpose of calculating remittances to the Purchaser, be added to the amount owing under the related Mortgage Loans, notwithstanding that the terms of such Mortgage Loans so permit.

  • Payment of Taxes The Company shall from time to time promptly pay all taxes and charges that may be imposed upon the Company or the Warrant Agent in respect of the issuance or delivery of shares of Common Stock upon the exercise of the Warrants, but the Company shall not be obligated to pay any transfer taxes in respect of the Warrants or such shares of Common Stock.

  • Payment of Taxes and Charges All shares of Common Stock issuable upon the exercise of this Warrant pursuant to the terms hereof shall be validly issued, fully paid and nonassessable, and without any preemptive rights. The Company shall pay all expenses in connection with, and all taxes and other governmental charges that may be imposed with respect to, the issue or delivery thereof.

  • Payment of Taxes and Claims, Etc Pay, and cause each of its Subsidiaries to pay, (i) all taxes, assessments and governmental charges imposed upon it or upon its property, and (ii) all claims (including, without limitation, claims for labor, materials, supplies or services) which might, if unpaid, become a Lien upon its property, unless, in each case, the validity or amount thereof is being contested in good faith by appropriate proceedings and adequate reserves are maintained with respect thereto.

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