Property Charges. The Mortgagor represents and warrants that all Property Charges imposed upon or assessed against the Mortgaged Property have been paid (or will be paid in Mortgagor’s ordinary course of business) and discharged except to the extent such Property Charges constitute, as of the date hereof and hereafter, a Permitted Lien.
Appears in 3 contracts
Samples: Credit Agreement (Novelis Inc.), Security Agreement (Novelis Inc.), Security Agreement (Novelis Inc.)
Property Charges. The Mortgagor represents and warrants that all Property Charges imposed upon or assessed against the Mortgaged Property have been paid (or will be paid in Mortgagor’s ordinary course of business) and discharged except to the extent such Property Charges constitute, as of the date hereof and hereafter, a Permitted Lien.
Appears in 2 contracts
Samples: Security Agreement (Novelis South America Holdings LLC), Security Agreement (Novelis South America Holdings LLC)
