Taxes and Ofter Sample Clauses

Taxes and Ofter. Section 5.2. Taxes and Ofter \1 21. The Borrower shall pay all Taxes and Ofter Charges as the same become due and payable and prior to fteir becoming delinquent in accordance wift the Security Instrument, except to the extent that fte amount, validity or application ftereof is being contested in good faift as permitted by the Security Instrument. The Borrower covenants to pay all taxes and Ofter Charges of any type or character charged to the Funding Lenders affecting the amount available to fte Funding Lenders from payments to be received hereunder or in any way arising due to fte transactions contemplated hereby (including taxes and Ofter Charges assessed or levied by any public agency or governmental auftority of whatsoever character having power to levy taxes or assessments) but excluding franchise taxes based upon fte capital and/ or income of fte Funding Lenders and taxes based upon or measured by the net income or gross receipts (to fte extent such taxes are assessed outside fte Property Jurisdiction) of fte Funding Lenders; provided, however, ftat fte Borrower shall have fte right to protest any such taxes or Ofter Charges and to require fte Funding Lenders, at fte Borrower's expense, to protest and contest any such taxes or Ofter Charges levied upon ftem and ftat fte Borrower shall have fte right to withhold payment of any such taxes or Ofter Charges pending disposition of any such protest or contest unless such withholding, protest or contest would adversely affect fte rights or interests of fte Funding Lenders. This obligation shall remain valid and in effect notwiftstanding repayment of the Borrower Loan hereunder or termination of this Borrower Loan Agreement. Section 5.3. Maintenance and "Section 5.3. Maintenance and Condition" \1 21. The Borrower shall cause fte Project to be maintained in a good, habitable and safe (so as to not threaten fte healft or safety of fte Project's tenants or fteir invited guests) condition and repair (reasonable wear and tear T-27388.001/1127884.doc 42 Council Agenda: 9-9-2014 Item No.: 3.5 excepted) as set forft in fte Security Instrument and shall not remove, demolish or materially alter fte Improvements or Equipment (except for removal of aging or obsolete equipment or furnishings in fte normal course of business), except as provided in fte Security Instrument.
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Related to Taxes and Ofter

  • Taxes and Laws Except as otherwise provided in this Agreement o by law, all taxes of whatsoever kind, nature and description, du and payable with respect to Customer’s performance of it obligations under this Agreement, shall be paid by Customer. Entire Agreement: This Agreement sets forth the entire agreemen between the parties with respect to the terms and conditions of thi transaction; any and all other agreements, understandings an representations by and between the parties with respect to th matters addressed herein are superseded by this Agreement.

  • Taxes and Charges Contractor shall be responsible for payment of all taxes, fees, contributions or charges applicable to the conduct of the Contractor’s business.

  • Taxes and Fees Each Party shall pay any and all transfer and registration tax, expenses and fees incurred thereby or levied thereon in accordance with the laws of China in connection with the preparation and execution of this Agreement and the Transfer Contracts, as well as the consummation of the transactions contemplated under this Agreement and the Transfer Contracts.

  • Taxes and Insurance Borrower shall pay to Lender on each Payment Date (i) one-twelfth (1/12th) of the Taxes that Lender estimates will be payable during the next twelve (12) months in order to accumulate with Lender sufficient funds to pay all such Taxes at least thirty (30) days prior to their respective due dates and (ii) one-twelfth (1/12th) of the Insurance Premiums that Lender estimates will be payable for the renewal of the coverage afforded by the Policies upon the expiration thereof in order to accumulate with Lender sufficient funds to pay all such Insurance Premiums at least thirty (30) days prior to the expiration of the Policies. Such amounts will be transferred by Lender to a Subaccount (the “Tax and Insurance Subaccount”). Lender will (a) apply funds in the Tax and Insurance Subaccount to payments of Taxes and Insurance Premiums required to be made by Borrower pursuant to Section 5.2 hereof and Section 7.1 hereof, provided that Borrower has promptly supplied Lender with notices of all Taxes and Insurance Premiums due, or (b) reimburse Borrower for such amounts upon presentation of evidence of payment; subject, however, to Borrower’s right to contest Taxes in accordance with Section 5.2 hereof. In making any payment relating to Taxes and Insurance Premiums, Lender may do so according to any xxxx, statement or estimate procured from the appropriate public office (with respect to Taxes) or insurer or agent (with respect to Insurance Premiums), without inquiry into the accuracy of such xxxx, statement or estimate or into the validity of any tax, assessment, sale, forfeiture, tax lien or title or claim thereof. If Lender determines in its reasonable judgment that the funds in the Tax and Insurance Subaccount will be insufficient to pay (or in excess of) the Taxes or Insurance Premiums next coming due, Lender may increase (or decrease) the monthly contribution required to be made by Borrower to the Tax and Insurance Subaccount.

  • Taxes and Expenses All taxes of any kind that may be assessed or levied against or in respect of the Fund and all brokerage commissions incurred by the Fund shall be paid from the Fund. All other expenses incurred by the Trustee in connection with the administration of this Trust, including fees for legal services rendered to the Trustee, the compensation of the Trustee to the extent not paid directly by the Grantor, and all other proper charges and disbursements of the Trustee shall be paid from the Fund.

  • Fees Taxes and Other Charges You will timely pay all fees due and owing to Viasat, including without limitation, the activation fee, monthly service fee, fees for repair or replacement of damaged Equipment, and any additional fees set forth in the Product Addendum (collectively, the “Service Fees”) for the Service. You agree to pay all applicable federal, state and local taxes, fees and surcharges related to your use of the Service, provision of Services, software or hardware or the use of the Service by others at the designated installation location.

  • Taxes, etc Any taxes, fees and expenses in connection with the purchase and registration under the Buyers’ flag shall be for the Buyers’ account, whereas similar charges in connection with the closing of the Sellers’ register shall be for the Sellers’ account.

  • Taxes and Licenses Lessee must cause to be paid any and all taxes of whatever character, including ad valorem and intangible taxes, that may be levied or charged upon the Premises, leasehold improvements, or operations hereunder and upon Lessee's rights to use the Premises, whether the taxes are assessed against Lessee or City, prior to the past due date. Lessee shall cause to be paid any and all sales taxes arising in connection with the occupancy or use of the Premises whether the taxes are assessed against the Lessee, any sublessee or City. Lessee must obtain and pay for all licenses or permits necessary or required by law for the construction of improvements and must require any sublessee to must obtain and pay for all licenses and permits necessary or required by law for the installation of equipment and furnishings, and any other licenses necessary for the conduct of its operations hereunder. If Lessee or any sublessee wishes to contest any tax or charge, that contest will not be a default under the Lease so long as Lessee or sublessee diligently prosecutes the contest to conclusion and promptly pays whatever tax is ultimately owed. Further, Lessee shall cause any taxes not being contested to be paid prior to the past due date.

  • Ad Valorem Taxes Prior to delinquency, Tenant shall pay all taxes and assessments levied upon trade fixtures, alterations, additions, improvements, inventories and personal property located and/or installed on or in the Premises by, or on behalf of, Tenant; and if requested by Landlord, Tenant shall promptly deliver to Landlord copies of receipts for payment of all such taxes and assessments. To the extent any such taxes are not separately assessed or billed to Tenant, Tenant shall pay the amount thereof as invoiced by Landlord.

  • Taxes and Prorations The real estate taxes, personal property taxes on any tangible personal property, bond payments assumed by the Buyer, interest, rents (based on actual collected rents), association dues, insurance premiums acceptable to Buyer, and operating expenses will be prorated through the day before Closing. If the amount of taxes for the current year cannot be ascertained, rates for the previous year will be used with due allowance being made for improvements and exemptions. Any tax proration based on an estimate will, at the request of either party, be readjusted upon receipt of the current year's tax xxxx; this provision will survive the Closing.

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