Common use of Payment of Taxes, Liens and Charges Clause in Contracts

Payment of Taxes, Liens and Charges. (a) Except to the extent they are being contested in the manner permitted by the Senior Credit Agreement, Grantor will pay and discharge from time to time prior to the time when the same shall become delinquent, and before any interest or penalty accrues thereon or attaches thereto, (i) all taxes and assessments (general and special), water and sewer rents and/or charges, public or private impositions, levies, dues, permit, inspection and license fees, vault charges, service charges, public or private common area charges or maintenance charges, utility charges of every kind and nature which may become liens on the Trust Property with priority over the lien of this Deed of Trust and (ii) all other material public or private charges, whether created or evidenced by recorded or unrecorded documents or of a like or different nature, imposed upon or assessed against the Trust Property or any part thereof or upon the Rents from the Trust Property or arising in respect of the occupancy, use, operation or possession thereof.

Appears in 1 contract

Samples: Rite Aid Corp

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Payment of Taxes, Liens and Charges. (a) Except to the extent they are being contested in the manner permitted by the Senior Credit AgreementSecond Priority Debt Documents, Grantor Mortgagor will pay and discharge from time to time prior to the time when the same shall become delinquent, and before any interest or penalty accrues thereon or attaches thereto, (i) all taxes and assessments (general and special), water and sewer rents and/or charges, public or private impositions, levies, dues, permit, inspection and license fees, vault charges, service charges, public or private common area charges or maintenance charges, utility charges of every kind and nature which may become liens on the Trust Mortgaged Property with priority over the lien of this Deed of Trust Second Priority Mortgage and (ii) all other material public or private charges, whether created or evidenced by recorded or unrecorded documents or of a like or different nature, imposed upon or assessed against the Trust Mortgaged Property or any part thereof or upon the Rents from the Trust Mortgaged Property or arising in respect of the occupancy, use, operation or possession thereof.

Appears in 1 contract

Samples: Rite Aid Corp

Payment of Taxes, Liens and Charges. (a) Except to the extent they are being contested in the manner permitted by the Senior Credit AgreementSecond Priority Debt Documents, Grantor will pay and discharge from time to time prior to the time when the same shall become delinquent, and before any interest or penalty accrues thereon or attaches thereto, (i) all taxes and assessments (general and special), water and sewer rents and/or charges, public or private impositions, levies, dues, permit, inspection and license fees, vault charges, service charges, public or private common area charges or maintenance charges, utility charges of every kind and nature which may become liens on the Trust Property with priority over the lien of this Second Priority Deed of Trust and (ii) all other material public or private charges, whether created or evidenced by recorded or unrecorded documents or of a like or different nature, imposed upon or assessed against the Trust Property or any part thereof or upon the Rents from the Trust Property or arising in respect of the occupancy, use, operation or possession thereof.

Appears in 1 contract

Samples: Rite Aid Corp

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Payment of Taxes, Liens and Charges. (a) Except to the extent they are being contested in the manner permitted by the Senior Credit Agreement, Grantor Mortgagor will pay and discharge from time to time prior to the time when the same shall become delinquent, and before any interest or penalty accrues thereon or attaches thereto, thereto (i) all taxes and assessments (general and special), water and sewer rents and/or charges, public or private impositions, levies, dues, permit, inspection and license fees, vault charges, service charges, public or private common area charges or maintenance charges, utility charges of every kind and nature which may become liens on the Trust Mortgaged Property with priority over the lien of this Deed of Trust Mortgage and (ii) all other material public or private charges, whether created or evidenced by recorded or unrecorded documents or of a like or different nature, imposed upon or assessed against the Trust Mortgaged Property or any part thereof or upon the Rents from the Trust Mortgaged Property or arising in respect of the occupancy, use, operation or possession thereof.

Appears in 1 contract

Samples: Senior Credit Agreement (Rite Aid Corp)

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