Common use of Tax and Mortgage Payments Clause in Contracts

Tax and Mortgage Payments. If requested by Owner, Manager shall obtain, verify and pay from Project Income (as defined below) all bills for payments due under all mortgages, real estate, personal property and improvement assessments with respect to the Project and Owner's personal property located therein. In such event, all such expenses shall be included in the Operating Budget.

Tax and Mortgage Payments. If requested by Owner, Manager shall obtain, verify and pay from Project Income (as defined in Section 9.1 below) all bills for payments due under all mortgages, real estate, personal property and improvement assessments with respect to the Project and Owner's ’s personal property located therein. In such event, all such expenses shall be included in the Operating Budget.

Tax and Mortgage Payments. If requested by Owner, Manager shall obtain, verify and pay from Project Income (as defined below) all bills for payments due under all mortgages, real estate, personal property and improvement assessments with respect to the Project and Owner's ’s personal property located therein. In such event, all such expenses shall be included in the Operating Budget.

Tax and Mortgage Payments. If requested by Owner, Manager shall obtain, verify and pay from Project Income (as defined in Section 9.1, below) all bills for payments due under all mortgages, real estate, personal property and improvement assessments with respect to the Project and Owner's ’s personal property located therein. In such event, all such expenses shall be included in the Operating Budget.