Common use of Taxes and Other Clause in Contracts

Taxes and Other. ChargesTaxes and Other Charges -------------------------- Subject to Clauses 5.6(b), 5.10 and 5.11, the Lessee will promptly pay: a. all license and registration fees, Taxes (other than Lessor Taxes) and other amounts of any nature imposed by any Government Entity that are imposed on the Lessee or for which the Lessee is responsible under this Agreement with respect to the Aircraft, including the ownership, delivery, leasing, possession, use, operation, return, sale or other disposition of the Aircraft (where such sale or other disposition arises as a consequence of an Event of Default); and b. all rent, fees, charges, Taxes (other than Lessor Taxes) imposed on the Lessee and other amounts in respect of any premises where the Aircraft or any Part thereof is located from time to time during the Term; except to the extent that such payment is being contested in good faith by appropriate proceedings in respect of which adequate resources have been provided by the Lessee and non-payment of which does not give rise to any material likelihood of the Aircraft or any interest therein being sold, forfeited or otherwise lost or of criminal liability on the part of the Lessor.

Appears in 4 contracts

Samples: Lease Agreement (American Income Fund I-D LTD Partnership), Lease Agreement (American Income Fund I-C LTD Partnership), Lease Agreement (Afg Investment Trust C)

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