Common use of Stamp Tax Clause in Contracts

Stamp Tax. If, by the laws of the United States of America, or of any state or political subdivision having jurisdiction over the Mortgagor, any tax is due or becomes due in respect of the execution and delivery of this Mortgage, the Note or any of the other Loan Documents, the Mortgagor shall pay such tax in the manner required by any such law. The Mortgagor further agrees to reimburse the Lender for any sums which the Lender may expend by reason of the imposition of any such tax. Notwithstanding the foregoing, the Mortgagor shall not be required to pay any income or franchise taxes of the Lender.

Appears in 11 contracts

Samples: Mortgage, Security Agreement (GK Investment Property Holdings II LLC), Mortgage, Security Agreement (GK Investment Property Holdings II LLC), Mortgage, Security Agreement (Lifeway Foods Inc)

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Stamp Tax. If, by the laws of the United States of America, or of any state or political subdivision having jurisdiction over the Mortgagor, any tax is due or becomes due in respect of the execution and delivery of this Mortgage, the Note or any of the other Loan Documents, the Mortgagor shall pay such tax in the manner required by any such law. The Mortgagor further agrees to reimburse the Lender for any sums which the Lender may expend by reason of the imposition of any such tax. Notwithstanding the foregoing, the Mortgagor shall not be required to pay any income or franchise taxes of the Lender.

Appears in 4 contracts

Samples: Mortgage, Security Agreement (Adcare Health Systems, Inc), Mortgage, Security Agreement (Adcare Health Systems, Inc), Mortgage, Security Agreement (Adcare Health Systems, Inc)

Stamp Tax. If, by the laws of the United States of America, or of any state or political subdivision having jurisdiction over the Mortgagor, any tax is due or becomes due in respect of the execution and delivery of this Mortgage, the Note or any of the other Loan Documents, the Mortgagor shall pay such tax in the manner required by any such law. The Mortgagor further agrees to reimburse the Lender Mortgagee for any sums which the Lender Mortgagee may expend by reason of the imposition of any such tax. Notwithstanding the foregoing, the Mortgagor shall not be required to pay any income or franchise taxes of the LenderMortgagee.

Appears in 4 contracts

Samples: Construction Mortgage, Security Agreement (Textura Corp), Fixture Filing (Wells Mid-Horizon Value-Added Fund I LLC), Security Agreement and Fixture Filing (Wells Mid-Horizon Value-Added Fund I LLC)

Stamp Tax. If, by the laws of the United States of America, or of any state or political subdivision having jurisdiction over the Mortgagor, any tax is due or becomes due in respect of the execution and delivery of this Mortgage, the Note Notes or any of the other Loan Documents, the Mortgagor shall pay such tax in the manner required by any such law. The Mortgagor further agrees to reimburse the Lender Mortgagee for any sums which the Lender Mortgagee may expend by reason of the imposition of any such tax. Notwithstanding the foregoing, the Mortgagor shall not be required to pay any income or franchise taxes of the LenderMortgagee.

Appears in 3 contracts

Samples: Open End Fee and Leasehold Revolving Mortgage, Security Agreement (Grubb & Ellis Healthcare REIT, Inc.), Open End Revolving Mortgage, Security Agreement (Grubb & Ellis Healthcare REIT, Inc.), NNN Healthcare/Office REIT, Inc.

Stamp Tax. If, by the laws of the United States of America, or of any state or political subdivision having jurisdiction over the Mortgagor, any tax is due or becomes due in respect of the execution and delivery of this Mortgage, the Loan Agreement, the Note or any of the other Loan Documents, the Mortgagor shall pay such tax in the manner required by any such law. The Mortgagor further agrees to reimburse the Lender Mortgagee for any sums which the Lender Mortgagee may expend by reason of the imposition of any such tax. Notwithstanding the foregoing, the Mortgagor shall not be required to pay any income or franchise taxes of the LenderMortgagee.

Appears in 1 contract

Samples: Adcare Health Systems, Inc

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Stamp Tax. If, by the laws of the United States of America, or of any state or political subdivision having jurisdiction over the MortgagorBorrower, any tax is due or becomes due in respect of the execution and delivery of this MortgageDeed of Trust, the Note or any of the other Loan Documents, the Mortgagor Borrower shall pay such tax in the manner required by any such law. The Mortgagor Xxxxxxxx further agrees to reimburse the Lender for any sums which Xxxxxx may expend, to the Lender may expend extent reasonably incurred, by reason of the imposition of any such tax. Notwithstanding the foregoing, the Mortgagor Borrower shall not be required to pay any income or franchise taxes of the Lender.

Appears in 1 contract

Samples: Grubb & Ellis Healthcare REIT, Inc.

Stamp Tax. If, by the laws of the United States of America, or of any state or political subdivision having jurisdiction over the Mortgagor, any tax is due or becomes due in respect of the execution and delivery of this Mortgage, the Note or any of the other Loan Documents, the Mortgagor shall pay such tax in the manner required by any such law. The Mortgagor further agrees to reimburse the Lender Mortgagee for any sums which the Lender Mortgagee may expend by reason of the imposition of any such tax. Notwithstanding the foregoing, the Mortgagor shall not be required to pay any income or franchise taxes of the LenderMortgagee.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (General Datacomm Industries Inc)

Stamp Tax. If, by the laws of the United States of America, or of any state or political subdivision having jurisdiction over the Mortgagor, any tax is due or becomes due in respect of the execution and delivery of this Mortgage, the Note Notes or any of the other Loan Documents, the Mortgagor shall pay such tax in the manner required by any such law. The Mortgagor further agrees to reimburse the Lender Mortgagee for any sums which the Lender Mortgagee may expend by reason of the imposition of any such tax. Notwithstanding the foregoing, the Mortgagor shall not be required to pay any income or franchise taxes of the LenderMortgagee.

Appears in 1 contract

Samples: Mortgage, Security Agreement (American Medical Systems Holdings Inc)

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