TAXES, ASSESSMENTS AND FEES. Lessee shall pay and discharge all taxes, assessments, and other fees without offset or abatement, whether general or special, ordinary or extraordinary, charged by any government or quasi-governmental entity relating to the Leased Premises and/or the Improvements thereto or located (situated) thereon and/or the activities taking place on the Leased Premises including, but not limited to, leasehold or possessory interest tax, personal Property, income, excise, or any other tax, assessment, or fee that is (or may be) levied, exacted, or imposed (or become due and owing) during the term of this Agreement.
TAXES, ASSESSMENTS AND FEES. 7 ARTICLE 10 REPAIRS; MAINTENANCE 7
TAXES, ASSESSMENTS AND FEES. Lessee agrees to pay all licensing, filing and registration fees; to keep the Equipment free of all liens and encumbrances; TO SHOW THE EQUIPMENT AS "LEASED EQUIPMENT" ON TAX RETURNS; TO PAY ALL PERSONAL PROPERTY TAXES ASSESSED AGAINST THE EQUIPMENT; to pay all other taxes, assessments, fees and penalties which may be levied or assessed in respect to the Equipment, its use or any interest therein, or any lease payments, including but not limited to all federal, state, and local taxes, however designated, levied or assessed, whether upon Lessee or Lessor or the Equipment or upon the sale, ownership, use or operation, excepting any income taxes levied on the Lessor. Lessor may, at its option, collect from Lessee an escrow fee of up to 35% of the Equipment cost per month for a tax escrow fund. Lessor may, at its option, pay on Lessee's behalf such taxes and other amounts, file applicable returns, and collect full reimbursement plus an administrative fee from Lessee. In addition, Lessee authorizes Lessor to file at Lessor's option informational financing statements and/or fixture filings without Lessee's signature and, if a signature is required by law, Lessee appoints Lessor as Lessee's attorney-in-fact to execute such statements and filings. For purposes of any filing, Lessee hereby grants Lessor a security interest in all lease payments and Equipment, and all interest of Lessee therein, and all proceeds and products thereof, but in no case shall this grant or any filing be deemed to contravene a true-lease transaction. Lessee agrees to pay Lessor a documentation fee to be billed with the first lease payment to cover account setup and administrative costs. Lessee and any guarantor agrees to reimburse Lessor for reasonable costs incurred in collecting taxes, assessments, or fees for which Lessee is liable, and any collection charges attributable thereto, including reasonable attorney fees. Lessee agrees that Lessor is entitled to all tax benefits resulting from ownership of the Equipment. Lessee agrees that, should any such tax benefits be disallowed, Lessee shall indemnify Lessor for such loss by paying Lessor an amount equal to the value of the lost benefits.
TAXES, ASSESSMENTS AND FEES. Xxxxxx agrees to pay all taxes including the possessory interest tax levied by Siskiyou County on hangar lessees. The Lessee of record on January 1st of each year will be billed directly by County. Lessee shall be solely responsible for the payment of all taxes, assessments, license fees or other charges that may be levied or assessed during the term of this Lease upon or against any real property, personal property or equipment located within or upon the Premises which is owned by, leased to or in the care, custody and control of Lessee.
TAXES, ASSESSMENTS AND FEES. 6.1 The terms of this Lease may result in the creation of a possessory interest. If such a possessory interest is vested in Lessee, Lessee shall pay, prior to delinquency, all taxes and assessments that may be levied upon or assessed against the Premises and all taxes and assessments of every kind and nature whatsoever arising in any way from the use, occupancy, or possession of the Premises or assessed against the improvements situated thereon. The City shall not be required to pay any taxes or assessments whatsoever that relate to or may be assessed against this Lease or the Premises, including but not limited to any buildings, improvements, structures, machines, appliances, or other improvements of any nature whatsoever, or on any interest therein.
6.2 Lessee may, at its option, contest in good faith, and by an appropriate and timely legal proceeding, any such tax and assessment; provided, however, that Lessee shall indemnify and hold harmless the City from any loss or damage resulting from any such contest, and all expenses of the same (including, without limitation, all attorneys’ fees, court costs, and other costs) shall be paid solely by Lessee.
6.3 Xxxxxx further agrees not to allow such taxes, assessments, or fees to become a lien against the Premises or any improvement thereon. Nothing in this Lease shall be deemed to prevent or prohibit Lessee from contesting the validity or amount of any such tax, assessment, or fee in any manner authorized by law.
TAXES, ASSESSMENTS AND FEES. Lessee shall be solely responsible for the payment of all taxes, assessments, license fees or other charges that may be levied or assessed during the Term of this Lease upon or against any personal property or equipment located within or upon the Tiedown and/or the Space which is owned by, leased to or in the care, custody and control of Lessee, Additionally within thirty (30) days of the written demand from County, Lessee agrees to pay to County in addition to all other sums to be paid under this lease, all real property taxes or assessments or levies of any kind, which may be assessed against the leased premises during the term of this lease, in excess of those taxes assessed as of the date of this lease. Where the term of this lease does not coincide with the property tax year, then the amount of taxes will be prorated for the remaining portion of the lease year.
TAXES, ASSESSMENTS AND FEES. Tenants agree to pay all taxes including the possessory interest tax levied by Siskiyou County on hangar tenants. The Tenants record on January 1st of each year will be billed directly by County. Tenants shall be solely responsible for the payment of all taxes, assessments, license fees or other charges that may be levied or assessed during the term of this Agreement upon or against any real property, personal property or equipment located within the Hangar or upon the premises which is owned by, leased to or in the care, custody and control of Tenants.
TAXES, ASSESSMENTS AND FEES. The Borrower has paid all taxes due except such taxes as are being contested in good faith for which adequate (in the good faith judgment of the Borrower) reserves have been made (in accordance with IAS) or such taxes the failure of which to pay could not reasonably be expected to have a Material Adverse Effect.
TAXES, ASSESSMENTS AND FEES. Each Loan Party has timely filed all tax returns and reports required to have been filed and has paid all taxes due by it except such taxes as are being contested in good faith by appropriate proceedings for which adequate (in the good faith judgment of such Loan Party) reserves have been made (in accordance with GAAP) or such taxes the failure of which to pay could not reasonably be expected to have a Material Adverse Effect.
TAXES, ASSESSMENTS AND FEES. Notwithstanding anything herein to the contrary, the City may impose on the Permitted Sign any new, generally applicable, non- discriminatory, City-wide taxes, assessments, and fees, including but not limited to business license taxes or franchise fees. AMENDED
