Common use of Taxes; Compliance Clause in Contracts

Taxes; Compliance. The Pledgor shall (a) pay or cause to be paid when due all Taxes, assessments and governmental charges levied or assessed or imposed upon or with respect to the Collateral or any of the Properties or its sale or other disposition and (b) comply with or cause to be complied with all applicable laws relating to the Collateral and each of the Properties.

Appears in 3 contracts

Samples: Security Agreement (Shelbourne Properties Ii Inc), Security Agreement (Shelbourne Properties I Inc), Security Agreement (Shelbourne Properties Iii Inc)

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Taxes; Compliance. The Pledgor shall (a) pay or cause to be paid when due all Taxestaxes, assessments and governmental charges levied or assessed or imposed upon or with respect to the Collateral or any of the Properties or its sale or other disposition and (b) comply with or cause to be complied with all applicable laws Applicable Law relating to the Collateral and each of the PropertiesCollateral.

Appears in 1 contract

Samples: Pledge Agreement (S a Louis Dreyfus Et Cie Et Al)

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Taxes; Compliance. The Pledgor shall (a) pay or cause to ----------------- be paid when due all Taxestaxes, assessments and governmental charges levied or assessed or imposed upon or with respect to the Collateral or any of the Properties its use or its sale or other disposition and (b) comply with or cause to be complied with (i) all applicable laws Applicable Law relating to the Collateral, (ii) the terms and provisions of all deeds and Contracts relating to premises where Collateral is located and each of (iii) all license and franchise agreements pertaining to the PropertiesCollateral.

Appears in 1 contract

Samples: Security Agreement (Tsi International Software LTD)

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