Common use of Taxes, Assessments and Liens Clause in Contracts

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens upon the Collateral, its use or operation, upon this Agreement, upon the Note, or upon any of the other Related Documents. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Xxxxxx’s interest in the Collateral is not jeopardized in Xxxxxx’s sole opinion. If the Collateral is subjected to a lien which is not discharged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs or other charges that could accrue as a result of foreclosure or sale of the Collateral. In any contest Grantor shall defend itself and Xxxxxx and shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name as an additional oblige under any surety bond furnished in the contest proceedings.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens upon the Collateral, its use or operation, upon this Agreement, or upon the Note, or upon any of Loan Documents to the other Related Documentsextent applicable to the Aircraft. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as XxxxxxLender’s interest in the Collateral is not jeopardized in XxxxxxLender’s sole opinion. If the Collateral is subjected to a lien which is not discharged d (Continued) ischarged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs or other charges that could accrue as a result of foreclosure or sale of the Collateral. In any contest Grantor shall defend itself and Xxxxxx Lender and shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Lender as an additional oblige obligee under any surety bond furnished in the contest proceedings.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens upon the Collateral, its use or operation, Collateral upon this Agreement, upon the Note, or upon any of the other Related Documents. Grantor may withhold any such payment or may elect to contest any lien if Stock Pledge (Xxxxxxx Trust) Loan No. 68890396 Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as XxxxxxLender’s interest in the Collateral is not jeopardized in XxxxxxLender’s sole opinion. If the Collateral is subjected to a lien which is not discharged within fifteen thirty (1530) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs costs, attorneys’ fees or other charges that could accrue as a result of foreclosure or sale of the Collateral. In any such contest Grantor shall defend itself and Xxxxxx Lender and shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Lender as an additional oblige obligee under any surety bond furnished in the contest proceedings.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments assessments, and liens governmental charges or levies upon the Collateral, Collateral and provide Lender evidence of such payment upon its use or operation, upon this Agreement, upon the Note, or upon any of the other Related Documentsrequest. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Xxxxxx’s Lender's interest in the Collateral is not jeopardized in Xxxxxx’s Lender's sole opinion. If the Collateral is subjected to a lien which is not discharged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond bond, or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs costs, attorneys fees, or other charges that could accrue as a result of foreclosure or sale of the Collateral. In any contest Grantor shall defend itself and Xxxxxx Lender and shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Lender as an additional oblige obligee under any surety bond furnished in the contest proceedings.. 67232.2 [August 9, 2001]

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens governmental charges or levies upon the Collateral, Collateral and provide Lender evidence of such payment upon its use or operation, upon this Agreement, upon the Note, or upon any of the other Related Documentsrequest. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as XxxxxxLender’s interest in the Collateral is not jeopardized in XxxxxxLender’s sole opinion. If the Collateral is subjected to a lien which is not discharged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs costs, attorneys’ fees or other charges that could accrue as a result of foreclosure or sale of the Collateral. In any contest Grantor shall defend itself and Xxxxxx Lender and shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Lender as an additional oblige obligee under any surety bond furnished in the contest proceedings.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments assessments, and liens governmental charges or levies upon the Collateral, Collateral and provide Lender evidence of such payment upon its use or operation, upon this Agreement, upon the Note, or upon any of the other Related Documentsrequest. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Xxxxxx’s Lender's interest in the Collateral is not jeopardized in Xxxxxx’s Lender's sole opinion. If the Collateral is subjected to a lien which is not discharged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond bond, or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs costs, attorneys fees, or other charges that could accrue as a result of foreclosure or sale of the Collateral. In any contest Grantor shall defend itself and Xxxxxx Lender and shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Lender as an additional oblige obligee under any surety bond furnished in the contest proceedings.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens governmental charges or levies upon the Collateral, Collateral and provide Lender evidence of such payment upon its use or operation, upon this Agreement, upon the Note, or upon any of the other Related Documentsrequest. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Xxxxxx’s Lender's interest in the Collateral is not jeopardized in Xxxxxx’s Lender's sole opinion. If the Collateral is subjected to a lien which is not discharged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs costs, reasonable attorneys' fees or other charges that could accrue as a result of foreclosure or sale of the Collateral. In any contest Grantor shall defend itself and Xxxxxx Lender and shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Lender as an additional oblige obligee under any surety bond furnished in the contest proceedings.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens upon the Collateral, its use or operation, upon this Agreement, upon the Notenote, or upon any of the other Related Documents. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Xxxxxx’s 's interest in n the Collateral is not jeopardized in Xxxxxx’s 's sole opinion. If the Collateral is subjected to a lien which is not discharged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs or other charges that could accrue as a result of foreclosure or sale of the Collateral. In any contest Grantor shall defend itself and Xxxxxx and shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Xxxxxx as an additional oblige obligee under any surety bond furnished in the contest proceedings.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens governmental charges or levies upon the Collateral, Collateral and provide Lender evidence of such payment upon its use or operation, upon this Agreement, upon the Note, or upon any of the other Related Documentsrequest. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Xxxxxx’s Lender's interest in the Collateral is not jeopardized in Xxxxxx’s Lender's sole opinion. If the Collateral is Is subjected to a lien which is not discharged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs costs, attorneys' fees or other charges that could accrue as a result of foreclosure or sale of the Collateral. In any contest Grantor shall defend itself and Xxxxxx Lender and shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Lender as an additional oblige obligor under any surety bond furnished in the contest proceedings.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens governmental charges or levies upon the Collateral, Collateral and provide Lender evidence of such payment upon its use or operation, upon this Agreement, upon the Note, or upon any of the other Related Documentsrequest. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Xxxxxx’s interest Lendxx'x xnterest in the Collateral is not jeopardized in Xxxxxx’s sole Lendxx'x xole opinion. If the Collateral is subjected to a lien which is not discharged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs costs, attorneys' fees or other charges that could accrue as a result of foreclosure or sale of the Collateral. In any contest Grantor shall defend itself and Xxxxxx and Lendxx xxx shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name as Lendxx xx an additional oblige obligee under any surety bond furnished in the contest proceedings.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens upon the Collateral, its use or operation, upon this Agreement, or upon the Note, or upon any of Loan Documents to the other Related Documentsextent applicable to the Aircraft. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Xxxxxx’s 's interest in the Collateral is not jeopardized in Xxxxxx’s 's sole opinion. If the Collateral is subjected to a lien which is not discharged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs or other charges that could accrue as a result of foreclosure or sale of the Collateral. In any contest Grantor shall defend itself and Xxxxxx and shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Xxxxxx as an additional oblige obligee under any surety bond furnished in the contest proceedings.