Recording Taxes Clause Samples

Recording Taxes. All mortgage recording taxes, recording fees and other charges payable in connection with the filing and recording of the Credit Documents have either been paid in full by the Borrower or arrangements for the payment of such amounts satisfactory to the Agent shall have been made.

Recording Taxes. 26 6.22. Indebtedness............................................. 27 Section 7.

Recording Taxes. Borrower represents that it has paid all state, county and municipal recording and all other taxes imposed upon the execution and recordation of each Security Instrument. If at any time Lender determines, based on applicable Legal Requirements, that Lender is not being afforded the maximum amount of security available from any one or more of the Properties as a direct or indirect result of applicable taxes not having been paid with respect to any Individual Property, Borrower agrees that Borrower will execute, acknowledge and deliver to Lender, immediately upon Lender’s request, supplemental affidavits increasing the amount of the Debt attributable to any such Individual Property to an amount determined by Lender to be equal to the lesser of (i) the greater of the fair market value of the applicable Individual Property (1) as of the date hereof and (2) as of the date such supplemental affidavits are to be delivered to Lender, and (ii) the amount of the Debt attributable to any such Individual Property (as set forth on Schedule IV hereof), and Borrower shall, on demand, pay any additional taxes.

Recording Taxes. The Borrower shall have paid all mortgage recording taxes payable (if any) in each jurisdiction in which the proposed Collateral Property is located in connection with the recordation of any Mortgage.

Recording Taxes. (i) The Borrower shall have paid all mortgage, mortgage recording and intangible taxes payable (if any) in each jurisdiction in which any Collateral Property is located and shall have delivered to the Lender, at commercially reasonable cost, any and all supplemental or additional mortgages, in form and substance satisfactory to the Lender (or otherwise containing terms and conditions substantially similar to those contained in the then existing applicable Jurisdictional Capped Mortgages in existence on the date hereof), as may be reasonably required by the Lender in connection with such Loan to better perfect the Lender's security interests in then-existing Collateral Properties. (ii) Without limiting the generality of the foregoing, and notwithstanding anything to the contrary contained in any Mortgage, the Borrower and the Lender specifically acknowledge and agree that, to the extent there has been a payment of principal in connection with the Loans which results in the aggregate outstanding principal amount of the Loans being less than the aggregate maximum principal amount of the Loans secured by any particular Jurisdictional Capped Mortgage (whether or not such aggregate outstanding principal amount of the Loans was originally less than the aggregate maximum principal amount of the Loans secured by such Jurisdictional Capped Mortgage prior to such payment), then (A) the Borrower may thereafter be required to pay additional mortgage recording taxes in connection with any future advance or re-advance pursuant to this Agreement if necessary under applicable law for the Jurisdictional Capped Mortgages in existence at or prior to such advance or re-advance to secure, in accordance with applicable law, the amount of such advance or re-advance up to the aggregate maximum original principal amount secured by such Jurisdictional Capped Mortgage(s), and (B) if and to the extent that the Lender reasonably determines that any such additional mortgage recording taxes are so due and payable in connection with any such future advance or re-advance, the Borrower shall pay such additional mortgage recording taxes to the appropriate governmental taxing authorities, and shall duly execute and deliver to the Lender any and all supplemental or additional mortgages and consolidation agreements in form and substance reasonably satisfactory to the Lender (or otherwise containing terms and conditions substantially similar to those contained in the then existing applicable Jur...

Recording Taxes. 27 6.22. Indebtedness . . . . . . . . . . . . . . . . . . . . . . 27

Recording Taxes. 56 6.26 No Adverse Change or Event....................................... 56 6.27

Recording Taxes. 29 6.22. Indebtedness ........................................................................................ 29 6.23. Not Consumer Transaction ............................................................................ 29 6.24. Limitations on Lockboxes and Special Accounts ....................................................... 29 Section 7.

Recording Taxes. 59 6.23 Solvency ................................................. 59 6.24