Common use of Taxes, Assessments and Other Governmental Charges Clause in Contracts

Taxes, Assessments and Other Governmental Charges. (a) Subject to Section 12.4, the Tenant shall cause the Tenant’s Delegee to, and Subtenant agrees that during the term of the Sublease that Subtenant shall, pay and discharge promptly, as the same become due, all taxes and assessments, general and special, and other governmental charges of any kind whatsoever that may be lawfully taxed, charged, levied, assessed or imposed upon or against the Project, or any part thereof or interest therein (including the leasehold estate of the Tenant therein) or any buildings, improvements, machinery and equipment at any time installed thereon by the Tenant or Tenant’s Delegee, or the income therefrom or Basic Rent and other amounts payable under this Lease, including any new taxes and assessments not of the kind enumerated above to the extent that the same are lawfully made, levied or assessed in lieu of or in addition to taxes or assessments now customarily levied against real or personal property, and further including all utility charges, assessments and other general governmental charges and impositions whatsoever, foreseen or unforeseen, which if not paid when due would materially impair the security of the Bonds or materially encumber the Issuer’s title to the Project; provided that with respect to any special assessments or other governmental charges that are lawfully levied and assessed which may be paid in installments, subject to Section 12.4, the Tenant or Tenant’s Delegee as the case may be shall be obligated to cause to be paid only such installments thereof as become due and payable during the Lease Term.

Taxes, Assessments and Other Governmental Charges. (a) Subject The Buyer agrees to Section 12.4pay, in addition to the Tenant shall cause the Tenant’s Delegee to, Purchase Price and Subtenant agrees that during the term of the Sublease that Subtenant shall, pay and discharge promptly, as the same respectively become due, all taxes taxes, including County, Municipal and assessmentsSchool taxes, general assessments whether special or general, water rents, sewer rents and special, charges,~ and other all governmental charges of any kind whatsoever that may be lawfully taxed, charged, levied, assessed or imposed upon or against the Project, or any part thereof or interest therein (including the leasehold estate of the Tenant therein) or any buildings, improvements, machinery and equipment at any time be lawfully assessed and levied against or in respect to the Premises, Improvements or any machinery, equipment or related property installed thereon or brought by the Tenant Buyer therein or Tenant’s Delegeethereon (including, without limiting the generality of the foregoing, taxes, if any, levied upon or with respect to the receipts, income or profits of MAID or the income therefrom or Basic Rent Buyer from the Premises) and all utility and other amounts payable under this Leasecharges incurred in the operation, including any new taxes maintenance, use, occupancy and assessments not upkeep of the kind enumerated above to the extent that the same are lawfully madePremises and Improvements; provided, levied or assessed in lieu of or in addition to taxes or assessments now customarily levied against real or personal propertyhowever, and further including all utility charges, assessments and other general governmental charges and impositions whatsoever, foreseen or unforeseen, which if not paid when due would materially impair the security of the Bonds or materially encumber the Issuer’s title to the Project; provided that with respect to any special assessments or other governmental charges that are lawfully levied and assessed which may be lawfully paid in installments, subject to Section 12.4, the Tenant or Tenant’s Delegee installments as the case may be shall be obligated to cause are required to be paid only such installments thereof as become due and payable during the Lease Termterm hereof. The Buyer agrees to pay for any improvements to the Premises made or ordered to be made by any municipal or state authorities and to comply at Buyer's own cost and expense with all notices received from public authorities from and after the date hereof. In the event the Mortgages so provide, the Buyer shall make payment of real estate taxes, water and sewer rents and insurance premiums required above by paying each month to such Mortgagee so requiring, one-twelfth (1/12) of the annual bills for these sums as estimated by the Mortgagees, to be held by the Mortgagee without interest so that the Mortgagees will have on hand sufficient funds to pay the same when due.

Taxes, Assessments and Other Governmental Charges. (a) Subject to Section 12.4, the Tenant shall cause the Tenant’s Delegee to, and Subtenant agrees that during the term of the Sublease that Subtenant shall, pay and discharge promptly, as the same become due, all taxes and assessments, general and special, and other governmental charges of any kind whatsoever that may be lawfully taxed, charged, levied, assessed or imposed upon or against the Project, or any part thereof or interest therein (including the leasehold estate of the Tenant therein) or any buildings, improvements, machinery and equipment at any time installed thereon by the Tenant or Tenant’s Delegee, or the income therefrom or Basic Rent and other amounts payable under this Lease, including any new taxes and assessments not of the kind enumerated above to the extent that the same are lawfully made, levied or assessed in lieu of or in addition to taxes or assessments now customarily levied against real or personal property, and further including all utility charges, assessments and other general governmental charges and impositions whatsoever, foreseen or unforeseen, which if not paid when due would materially impair the security of the Bonds or materially encumber the Issuer’s title to the Project; provided that with respect to any special assessments or other governmental charges that are lawfully levied and assessed which may be paid in installments, subject to Section 12.4, the Tenant or TenantXxxxxx’s Delegee as the case may be shall be obligated to cause to be paid only such installments thereof as become due and payable during the Lease Term.

Taxes, Assessments and Other Governmental Charges. (a) Subject to Section 12.4subsection (b) of this Section, the Tenant FHLBank shall cause the Tenant’s Delegee to, and Subtenant agrees that during the term of the Sublease that Subtenant shall, promptly pay and discharge promptlydischarge, as the same become due, all taxes and assessments, general and special, and other governmental charges of any kind whatsoever that may be lawfully taxed, charged, levied, assessed or imposed upon or against the Project, or any part thereof or interest therein (including the leasehold estate of the Tenant FHLBank therein) or any buildings, improvements, machinery and equipment at any time installed thereon by the Tenant or Tenant’s DelegeeFHLBank, or the income therefrom or Basic Rent Lease Payments and other amounts payable under this LeaseLease Agreement, including any new taxes and assessments not of the kind enumerated above to the extent that the same are lawfully made, levied or assessed in lieu of or in addition to taxes or assessments now customarily levied against real or personal property, and further including all utility charges, assessments and other general governmental charges and impositions whatsoever, foreseen or unforeseen, which if not paid when due would materially impair the security of the Bonds or materially encumber the Issuer’s title to leasehold interest in the Project; provided that with respect to any special assessments or other governmental charges that are lawfully levied and assessed which may be paid in installments, subject to Section 12.4, the Tenant or Tenant’s Delegee as the case may be FHLBank shall be obligated to cause to be paid pay only such installments thereof as become due and payable during the Lease Term.

Taxes, Assessments and Other Governmental Charges. (a) Subject The Authority and the Redeveloper acknowledge that the Project Improvements shall be exempt from real property and sales and use taxes as more fully described in Section 5.6 hereof. Notwithstanding anything to the contrary in Section 12.45.6, the Tenant The Redeveloper shall cause the Tenant’s Delegee to, and Subtenant agrees that during the term of the Sublease that Subtenant shall, promptly pay and discharge promptlydischarge, as the same become due, all taxes and assessments, general and special, and other governmental charges or lien of any kind whatsoever that may be lawfully taxed, charged, levied, assessed or imposed upon or against or be payable for or in respect of the ProjectProject Improvements (including, without limitation, the PACE Special Assessments, the TDD Special Assessments, and the CID Special Assessments as provided in this Lease), or any part thereof or interest therein (including the leasehold estate of the Tenant Redeveloper therein) or any buildings, improvements, machinery and equipment at any time installed thereon by the Tenant or Tenant’s Delegee, or the income therefrom or and Basic Rent and Additional Rent and other amounts payable under this Lease, including any new taxes and assessments not of the kind enumerated above to the extent that the same are lawfully made, levied or assessed in lieu of or in addition to taxes or assessments now customarily levied against real or personal property, and further including all utility charges, assessments and other general governmental charges and impositions whatsoever, foreseen or unforeseen, which if not paid when due would materially impair the security of the Bonds or materially encumber the Issuer’s Authority's title to the ProjectProject Improvements; provided that with respect to any special assessments or other governmental charges that are lawfully levied and assessed which may be paid in installments, subject to Section 12.4, the Tenant or Tenant’s Delegee as the case may be Redeveloper shall be obligated to cause to be paid pay only such installments thereof as become due and payable during the Lease Term (collectively, “Taxes”). The Redeveloper shall pay all Taxes on or before the respective due dates thereof and shall, upon request of the Authority, provide to the Authority evidence of the payment of the same. The parties acknowledge that the Xxxxxxx County, Missouri Assessor might determine that “bonus value” exists under Missouri law and declare all or a portion of the leasehold interest in the Project Improvements created by this Lease taxable and in such event the Redeveloper shall be solely responsible for payment of any taxes on “bonus value” assessed against the leasehold interest in the Project Improvements created by this Lease, subject to the Redeveloper's right to protest any such amount as set out below. Notwithstanding anything in this Lease to the contrary, the Redeveloper acknowledges that the Authority makes no representation or warranty that the Authority's tax-exempt status will remain in effect throughout the duration of the Lease Term.. In the event that the Authority's tax-exempt status is reduced or eliminated, or the Authority is otherwise unable to effectively extend a tax exemption as a result of circumstances, including, but not limited to: (i) a change in applicable law; (ii) a lawsuit or administrative proceeding challenging the validity or legality of the Authority’s tax exempt status and which results in a determination by a court of competent jurisdiction or by a federal, state, or local governing body, agency, or department that the Authority’s tax-exempt status is invalid or illegal; or

Taxes, Assessments and Other Governmental Charges. (a) Subject to Section 12.4, the Tenant The Company shall cause the Tenant’s Delegee to, and Subtenant agrees that during the term of the Sublease that Subtenant shall, promptly pay and discharge promptly, as the same become due, all taxes and assessments, general and special, and other governmental charges of any kind whatsoever that may be lawfully taxed, charged, levied, assessed or imposed upon or against or be payable for or in respect of the ProjectFinanced Facilities, the Financed Equipment, and the Property, or any part thereof or interest therein (including the leasehold estate of the Tenant therein) or any buildings, improvements, machinery and equipment at any time installed thereon by the Tenant or Tenant’s DelegeeCompany, or the income therefrom or Basic Rent and other amounts payable under this Lease, including any new taxes and assessments not of the kind enumerated above to the extent that the same are lawfully made, levied or assessed in lieu of or in addition to taxes or assessments now customarily levied against real or personal property, and further including all utility charges, assessments and other general governmental charges and impositions whatsoever, foreseen or unforeseen, which if not paid when due would materially impair the security of the Bonds or materially encumber the IssuerCity’s title to the ProjectProperty, the Financed Facilities or the Financed Equipment; provided that with respect to any special assessments or other governmental charges that are lawfully levied and assessed which may be paid in installments, subject to Section 12.4, the Tenant or Tenant’s Delegee as the case may be Company shall be obligated to cause to be paid pay only such installments thereof as become due and payable during the Lease Term.