PAYMENT OF TAXES; LIENS AND DISCHARGE OF LIENS. (a) Until the Release Date, the Company shall pay all taxes and assessments and other governmental charges lawfully levied or assessed upon the Mortgaged Property, or upon any part thereof, or upon the interest of the Trustee in the Mortgaged Property, before the same shall become delinquent, and shall make reasonable effort to observe and conform in all material respects to all valid requirements of any Governmental Authority relative to any of the Mortgaged Property and all covenants, terms and conditions upon or under which any of the Mortgaged Property is held.
Appears in 3 contracts
Samples: Indenture of Mortgage (PG&E Corp), Indenture of Mortgage (Pg&e Corp), Security Agreement (Pacific Gas & Electric Co)
PAYMENT OF TAXES; LIENS AND DISCHARGE OF LIENS. (a) Until From and after the Release Lien Effective Date, the Company shall pay all taxes and assessments and other governmental charges lawfully levied or assessed upon the Mortgaged Property, or upon any part thereof, or upon the interest of the Trustee in the Mortgaged Property, before the same shall become delinquent, and shall make reasonable effort to observe and conform in all material respects to all valid requirements of any Governmental Authority relative to any of the Mortgaged Property and all covenants, terms and conditions upon or under which any of the Mortgaged Property is held.
Appears in 2 contracts
Samples: Indenture of Mortgage (PG&E Corp), Indenture of Mortgage (PG&E Corp)
PAYMENT OF TAXES; LIENS AND DISCHARGE OF LIENS. (a) Until the Release Date, the The Company shall pay all taxes and assessments and other governmental charges lawfully levied or assessed upon the Mortgaged Property, or upon any part thereof, or upon the interest of the Trustee in the Mortgaged Property, before the same shall become delinquent, and shall make reasonable effort to observe and conform in all material respects to all valid requirements of any Governmental Authority relative to any of the Mortgaged Property and all covenants, terms and conditions upon or under which any of the Mortgaged Property is held.
Appears in 1 contract
Samples: Indenture of Mortgage (PG&E Corp)