Right of Agency to Pay Taxes, Insurance Premiums and Other Charges. If the Company fails (i) to pay any tax, assessment or other governmental charge required to be paid by Section 3.3 hereof or (ii) to maintain any insurance required to be maintained by Section 3.4 hereof, the Agency may pay such tax, assessment or other governmental charge or the premium for such insurance. The Company shall reimburse the Agency for any amount so paid together with interest thereon from the date of payment at nine percent (9%) per annum.
Appears in 1 contract
Right of Agency to Pay Taxes, Insurance Premiums and Other Charges. If the Company fails (i) to pay any tax, assessment or other governmental charge required to be paid by Section 3.3 hereof or (ii) to maintain any insurance required to be maintained by Section 3.4 hereof, the Agency may pay such tax, assessment or other governmental charge or the premium for such insurance. The Company shall shall, on demand, reimburse the Agency for any amount so paid together with interest thereon from the date of payment at nine twelve percent (912%) per annum. 4.1.
Appears in 1 contract
Samples: Leaseback Agreement
Right of Agency to Pay Taxes, Insurance Premiums and Other Charges. If the Company fails (i) to pay any tax, assessment or other governmental charge required to be paid by Section 3.3 hereof or (ii) to maintain any insurance required to be maintained by Section 3.4 hereof, the Agency may pay such tax, assessment or other governmental charge or the premium for such insurance. The Company shall reimburse the Agency for any amount so paid together with interest thereon from the date of payment at nine six percent (96%) per annum.
Appears in 1 contract
Samples: Lease Agreement (CVC Inc)
Right of Agency to Pay Taxes, Insurance Premiums and Other Charges. If the Company fails (i) to pay any tax, assessment or other governmental govermnental charge required to be paid by Section 3.3 hereof or (ii) to maintain any insurance required to be maintained by Section 3.4 hereof, the Agency may pay such tax, assessment or other governmental charge or the premium for such insurance. The Company shall shall, on demand, reimburse the Agency for any amount so paid together with interest thereon from the date of payment at nine twelve percent (912%) per annum.
Appears in 1 contract
Samples: Leaseback Agreement
Right of Agency to Pay Taxes, Insurance Premiums and Other Charges. If the Company fails (i) to pay any tax, assessment or other governmental charge required to be paid by Section 3.3 hereof or (ii) to maintain any insurance required to be maintained by Section 3.4 hereof, the Agency may pay such tax, assessment or other governmental charge or the premium for such insurance. The Company shall shall, on demand, reimburse the Agency for any amount so paid together with interest thereon from the date of payment at nine twelve percent (912%) per annum.
Appears in 1 contract
Samples: Leaseback Agreement
Right of Agency to Pay Taxes, Insurance Premiums and Other Charges. If the Company fails (i) to pay any tax, assessment or other governmental charge required to be paid by Section 3.3 hereof or (ii) to maintain any insurance required to be maintained by Section 3.4 hereof, the Agency may pay such tax, assessment or other governmental charge or the premium for such insurance. The Company shall reimburse the Agency for any amount so paid together with interest thereon from the date of payment at nine twelve percent (912%) per annum.
Appears in 1 contract
Samples: Leaseback Agreement
Right of Agency to Pay Taxes, Insurance Premiums and Other Charges. If the Company fails (i) to pay any tax, assessment or other governmental charge required to be paid by and not otherwise contested under Section 3.3 hereof hereof, or (ii) to maintain any insurance required to be maintained by Section 3.4 hereof, the Agency may pay such tax, assessment or other governmental charge or the premium for such insurance. The Company shall reimburse the Agency (within fifteen (15) days of written demand therefor) for any amount so paid together with interest thereon from the date of payment at nine percent (9%) per annum.
Appears in 1 contract
Samples: Payment in Lieu of Tax Agreement
Right of Agency to Pay Taxes, Insurance Premiums and Other Charges. If the Company fails (i) to pay any tax, assessment or other governmental charge required to be paid by Section 3.3 hereof or (ii) to maintain any insurance required to be maintained by Section 3.4 hereof, the Agency may pay such tax, assessment or other governmental charge or the premium for such insurance. The Company shall shall, on demand, reimburse the Agency for 60310-016v8 any amount so paid together with interest thereon from the date of payment at nine twelve percent (912%) per annum.. 60310-016v8
Appears in 1 contract
Samples: Leaseback Agreement