Common use of Taxes, Assessments and Utility Charges Clause in Contracts

Taxes, Assessments and Utility Charges. (a) The Company agrees to pay, as the same respectively become due, (i) all taxes and governmental charges of any kind whatsoever which may at any time be lawfully assessed or levied against or with respect to the Project and any machinery, equipment or with respect to the Project and any machinery, equipment or other property installed or brought by the Company therein or thereon, including without limiting the generality of the foregoing any taxes levied upon or with respect to the income or revenues of the Agency from the Project; (ii) all payments under the PILOT Agreement; (iii) all utility and other charges, including "service charges," incurred or imposed for the operation, maintenance, use, occupancy, upkeep and improvement of the Project; and (iv) all assessments and charges of any kind whatsoever lawfully made by any governmental body for public improvements; provided that, with respect to special assessments or other governmental charges that may lawfully be paid in installments over a period of years, the Company shall be obligated under this Leaseback Agreement to pay only such installments as are 3.4.

Appears in 1 contract

Samples: Leaseback Agreement

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Taxes, Assessments and Utility Charges. (a) The Company Borrower agrees to pay, as the same respectively become due, (iand subject to Section 6.3(b)(i) all taxes and governmental charges of any kind whatsoever which may at any time be lawfully assessed or levied against or with respect to (1) the Project and Security Property, (2) any machinery, equipment or with respect to the Project and any replacement machinery, equipment or other property installed or brought by the Company Borrower therein or thereon, thereon (including without limiting the generality of the foregoing limitation any sale or use taxes), (3) worker's compensation taxes levied upon or with respect to the employees of the Borrower located at or assigned to the Project, and (4) the income or revenues of the Agency Borrower from the Project; , (ii) all payments under the PILOT Agreement; (iii) all utility and other charges, including "service charges," ", incurred or imposed for the operation, maintenance, use, occupancy, upkeep and improvement of the Project; Security Property, and (iviii) all assessments and charges of any kind whatsoever lawfully made by any governmental body for public improvements; provided that, with respect to special assessments or other governmental charges that may lawfully be paid in installments over a period of years, the Company Borrower shall be obligated under this Leaseback Agreement to pay only such installments as are 3.4required to be paid during the Loan Term.

Appears in 1 contract

Samples: Loan Agreement (Excelsior Henderson Motorcycle Manufacturing Co)

Taxes, Assessments and Utility Charges. (a) The Company agrees to pay, as the same respectively become due, (i) all taxes and governmental charges of any kind whatsoever which may at any time be lawfully assessed or levied against or with respect to the Project and any machinery, equipment or with respect to the Project and any machinery, equipment or other property installed or brought by the Company therein or thereon, including without limiting the generality of the foregoing any taxes . levied upon or m with respect to the income or revenues of the Agency from the Project; (ii) all payments under the PILOT Agreement; (iii) all utility and other charges, including "service charges," incurred or imposed for the operation, maintenance, use, occupancy, upkeep and improvement of the Project; and (iv) all assessments and charges of any kind whatsoever lawfully made by any governmental govermnental body for public improvements; provided that, with respect to special assessments or other governmental govermnental charges that may lawfully be paid in installments over a period of years, the Company shall shaU be obligated under this Leaseback Agreement to pay only such installments as are 3.4required to be paid during the Lease Term.

Appears in 1 contract

Samples: www.sullivanida.com

Taxes, Assessments and Utility Charges. (a) The Company Borrower agrees to pay, as the same respectively become due, and subject to Section 6.3(b), (i) all taxes and governmental charges of any kind whatsoever which may at any time be lawfully assessed or levied against or with respect to (1) the Project and any machinerySecurity Property, equipment or with respect to the Project and (2) any machinery, equipment or other property installed or brought by the Company Borrower therein or thereon, thereon (including without limiting the generality of the foregoing limitation any sale or use taxes), (3) worker's compensation taxes levied upon or with respect to the employees of the Borrower, and (4) the income or revenues of the Agency Borrower from the Project; , (ii) all payments under the PILOT Agreement; (iii) all utility and other charges, including "service charges," ", incurred or imposed for the operation, maintenance, use, occupancy, upkeep and improvement of the Project; Security Property, and (iviii) all assessments and charges of any kind whatsoever lawfully made by any governmental body for public improvements; provided that, with respect to special assessments or other governmental charges that may lawfully be paid in installments over a period of years, the Company Borrower shall be obligated under this Leaseback Agreement to pay only such installments as are 3.4required to be paid during the Loan Term.

Appears in 1 contract

Samples: Loan Agreement (Sparta Foods Inc)

Taxes, Assessments and Utility Charges. (a) The Company agrees to pay, as the same respectively become due, (i) all taxes and governmental charges of any kind whatsoever which may at any time be lawfully assessed or levied against or with respect to the Project and any machinery, equipment or with respect to the Project and any machinery, equipment or other property installed or brought by the Company therein or thereon, including without limiting the generality of the foregoing any taxes levied upon or with respect to the income or revenues of the Agency from the Project; (ii) all payments under the PILOT Agreement; (iii) all utility and other charges, including "service charges," incurred or imposed for the operation, maintenance, use, occupancy, upkeep and improvement of the Project; and (iv) all assessments and charges of any kind whatsoever lawfully made by any governmental body for public improvements; provided that, with respect to special assessments or other governmental charges that may lawfully be paid in installments over a period of years, the Company shall be obligated under this Leaseback Agreement to pay only such installments as are 3.4required to be paid during the Lease Term.

Appears in 1 contract

Samples: www.sullivanida.com

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Taxes, Assessments and Utility Charges. (a) The Company agrees to pay, as the same respectively become due, (i) all taxes and governmental charges of any kind whatsoever which may at any time be lawfully assessed or levied against or with respect to the Project and any machinery, equipment or with respect to the Project Facility and any machinery, equipment or other property installed or brought by the Company therein or thereon, including without limiting the generality of the foregoing any taxes levied upon or with respect to the income or revenues of the Agency from the Project; Facility, (ii) all payments under the PILOT Payment in Lieu of Tax Agreement; , (iii) all utility and other charges, including "service charges," ", incurred or imposed for the operation, maintenance, use, occupancy, upkeep and improvement of the Project; Facility, and (iv) all assessments and charges of any kind whatsoever lawfully made by any governmental body for public improvements; provided that, with respect to special assessments or other governmental charges that may lawfully be paid in installments over a period of years, the Company shall be obligated under this Leaseback Lease Agreement to pay only such installments as are 3.4required to be paid during the term of this Lease Agreement.

Appears in 1 contract

Samples: Lease Agreement (CVC Inc)

Taxes, Assessments and Utility Charges. (a) The Company Institution agrees to pay, as the same respectively become due, (i) all taxes and governmental charges of any kind (if any) whatsoever which may at any time be lawfully assessed or levied against or with respect to the Project and any machinery, equipment Mortgaged Property or with respect to the Project Facility and any machinery, equipment or other property installed or brought bought by the Company Institution therein or thereon, including including, without limiting the generality of the foregoing limitation, any taxes levied upon or with respect to the income or revenues of the Agency Institution from the Project; Mortgaged Property or the Facility, (ii) all payments under the PILOT Agreement; (iii) all utility and other charges, including "β€œservice charges," ”, incurred or imposed for the operation, maintenance, use, occupancy, upkeep and improvement of the Project; Mortgaged Property or the Facility and (iviii) all assessments and charges of any kind whatsoever lawfully made by any governmental body for public improvements; , provided that, with respect to special assessments or other governmental charges that may lawfully be paid in installments over a period of years, the Company Institution shall be obligated under this Leaseback Bond Purchase Agreement to pay only such installments as are 3.4required to be paid during the term of the Bonds.

Appears in 1 contract

Samples: Bond Purchase Agreement and Loan Agreement

Taxes, Assessments and Utility Charges. (a) The Company agrees to pay, as the same respectively become due, (i) all taxes and governmental charges of any kind whatsoever which may at any time be lawfully assessed or levied against or with respect to the Project Facility and any machinery, equipment or with respect to the Project Facility and any machinery, equipment or other property installed or brought by the Company therein or thereon, including without limiting the generality of the foregoing any taxes levied upon or with respect to the income or revenues of the Agency from the ProjectFacility; (ii) all payments under the PILOT Agreement; (iii) all utility and other charges, including "service charges," incurred or imposed for the operation, maintenance, use, occupancy, upkeep and improvement of the ProjectFacility; and (iv) all assessments and charges of any kind whatsoever lawfully made by any governmental body for public improvements; provided that, with respect to special assessments or other governmental charges that may lawfully be paid in installments over a period of years, the Company shall be obligated under this Leaseback Agreement to pay only such installments as are 3.4required to be paid during the Lease Term.

Appears in 1 contract

Samples: Company Wellness Center

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