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

Taxes, Assessments, Charges, and Other Impositions. (a) Borrower shall do or cause to be done everything necessary to preserve the lien hereof without expense to Trustee and Lender, including, without limitation, paying and discharging or causing to be paid and discharged, whether or not payable directly by Borrower or subject to withholding at the source, (i) all taxes, assessments, levies, fees, water and sewer rents and charges and all other governmental charges, general, special, ordinary or extraordinary, and all charges for utility or communications services, which may at any time be assessed, levied or imposed upon Borrower, the Trust Estate, this Deed of Trust, the Obligations or the Rents or which may arise in respect of the occupancy, use, possession or operation thereof, (ii) all income, excess profits, sales, gross receipts and other taxes, duties or imposts, whether similar or not in nature, assessed, levied or imposed by any Governmental Authority on Borrower, the Trust Estate or the Rents, and (iii) all lawful claims and demands of mechanics, laborers, materialmen and others which, if unpaid, might create a lien on the Trust Estate, or on the Rents, unless Borrower shall contest the amount or validity thereof in accordance with subsection (b).

Appears in 2 contracts

Samples: Environmental Indemnity Agreement (Jameson Inns Inc), Loan Agreement (Jameson Inns Inc)

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Taxes, Assessments, Charges, and Other Impositions. (a) Borrower shall do or cause to be done everything necessary to preserve the lien hereof without expense to Trustee and Lender, including, without limitation, paying and discharging or causing to be paid and discharged, whether or not payable directly by Borrower or subject to withholding at the source, (i) all taxes, assessments, levies, fees, water and sewer rents and charges and all other governmental charges, general, special, ordinary or extraordinary, and all charges for utility or communications services, which may at any time be assessed, levied or imposed upon Borrower, the Trust EstateMortgaged Property, this Deed of TrustMortgage, the Obligations or the Rents or which may arise in respect of the occupancy, use, possession or operation thereof, (ii) all income, excess profits, sales, gross receipts and other taxes, duties or imposts, whether similar or not in nature, assessed, levied or imposed by any Governmental Authority on Borrower, the Trust Estate Mortgaged Property or the Rents, and (iii) all lawful claims and demands of mechanics, laborers, materialmen and others which, if unpaid, might create a lien on the Trust EstateMortgaged Property, or on the Rents, unless Borrower shall contest the amount or validity thereof in accordance with subsection (b).

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (Family Steak Houses of Florida Inc)

Taxes, Assessments, Charges, and Other Impositions. (a) Borrower shall do or cause to be done everything necessary to preserve the lien hereof without expense to Trustee and Lender, including, without limitation, paying and discharging or causing to be paid and discharged, whether or not payable directly by Borrower or subject to withholding at the source, (i) all taxes, assessments, levies, fees, water and sewer rents and charges and all other governmental charges, general, special, ordinary or extraordinary, and all charges for utility or communications services, which may at any time be assessed, levied or imposed upon Borrower, Lessee, the Trust EstateMortgaged Property, this Deed of TrustMortgage, the Obligations or the Rents or which may arise in respect of the occupancy, use, possession or operation thereof, (ii) all income, excess profits, sales, gross receipts and other taxes, duties or imposts, whether similar or not in nature, assessed, levied or imposed by any Governmental Authority on Borrower, Lessee, the Trust Estate Mortgaged Property or the Rents, and (iii) all lawful claims and demands of mechanics, laborers, materialmen and others which, if unpaid, might create a lien on the Trust EstateMortgaged Property, or on the Rents, unless Borrower shall contest the amount or validity thereof in accordance with subsection (b).

Appears in 1 contract

Samples: Eaco Corp

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Taxes, Assessments, Charges, and Other Impositions. (a) Borrower Grantor shall do or cause to be done everything necessary to preserve the lien hereof without expense to Trustee and LenderGrantee, including, without limitation, paying and discharging or causing to be paid and discharged, whether or not payable directly by Borrower Grantor or subject to withholding at the source, (i) all taxes, assessments, levies, fees, water and sewer rents and charges and all other governmental charges, general, special, ordinary or extraordinary, and all charges for utility or communications services, which may at any time be assessed, levied or imposed upon BorrowerGrantor, the Trust Deed Estate, this Deed of Trustto Secure Debt, the Obligations or the Rents or which may arise in respect of the occupancy, use, possession or operation thereof, (ii) all income, excess profits, sales, gross receipts and other taxes, duties or imposts, whether similar or not in nature, assessed, levied or imposed by any Governmental Authority on BorrowerGrantor, the Trust Deed Estate or the Rents, and (iii) all lawful claims and demands of mechanics, laborers, materialmen and others which, if unpaid, might create a lien on the Trust Deed Estate, or on the Rents, unless Borrower Grantor shall contest the amount or validity thereof in accordance with subsection (b).

Appears in 1 contract

Samples: Loan Agreement (Jameson Inns Inc)

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