Common use of Taxes, Liens and Other Charges Clause in Contracts

Taxes, Liens and Other Charges. (a) In the event of the passage of any state, federal, municipal or other governmental law, order, rule or regulation, subsequent to the date hereof, in any manner changing or modifying the laws now in force governing the taxation of debts secured by mortgages or the manner of collecting taxes so as to adversely affect Agent or the Lenders, Mortgagor will promptly pay any such tax. If Mortgagor fails to make such payment promptly, or if, in the opinion of Agent, any such state, federal, municipal, or other governmental law, order, rule or regulation prohibits Mortgagor from making such payment or would penalize Agent or the Lenders if Mortgagor makes such payment or if, in the opinion of Agent, the making of such payment could reasonably result in the imposition of interest beyond the maximum amount permitted by applicable law, then the entire balance of the principal sums secured by this Instrument and all interest accrued thereon shall, at the option of Agent, become immediately due and payable.

Taxes, Liens and Other Charges. (a) In the event of the passage of any state, federal, municipal or other governmental law, order, rule or regulation, subsequent to the date hereof, in any manner changing or modifying the laws now in force governing the taxation of debts secured by mortgages mortgages, deeds of trust or other security instruments or the manner of collecting taxes so as to adversely affect Agent or the Lenders, Mortgagor will promptly pay any such tax. If Mortgagor fails to make such payment promptly, or if, in the opinion of Agent, any such state, federal, municipal, or other governmental law, order, rule or regulation prohibits Mortgagor from making such payment or would penalize Agent or the Lenders if Mortgagor makes such payment or if, in the opinion of Agent, the making of such payment could reasonably result in the imposition of interest beyond the maximum amount permitted by applicable law, then the entire balance of the principal sums secured by this Instrument and all interest accrued thereon shall, at the option of Agent, become immediately due and payable.

Taxes, Liens and Other Charges. (a) In the event of the passage of any state, federal, municipal or other governmental law, order, rule or regulation, subsequent to the date hereof, in any manner changing or modifying the laws now in force governing the taxation of debts secured by mortgages the Indebtedness or this Deed or the manner of collecting taxes with respect thereto so as to adversely affect Agent or the LendersBeneficiary (exclusive of any tax on Beneficiary's income), Mortgagor Grantor will promptly pay any such tax. If Mortgagor Grantor fails to make such prompt payment promptly, or if, in the reasonable opinion of Agentthe Beneficiary, any such state, federal, municipal, or other governmental law, order, rule or regulation prohibits Mortgagor Grantor from making such payment or would penalize Agent or the Lenders Beneficiary if Mortgagor Grantor makes such payment or if, in the reasonable opinion of Agentthe Beneficiary, the making of such payment could reasonably might result in the imposition of interest beyond the maximum amount permitted by applicable law, then the entire balance of the principal sums sum secured by this Instrument Deed and all interest accrued thereon shall, at the option of Agentthe Beneficiary, become immediately due and payable.

Taxes, Liens and Other Charges. (a) In the event of the passage of any state, federal, municipal or other governmental law, order, rule or regulation, subsequent to the date hereof, in any manner changing or modifying the laws now in force governing the taxation of debts secured by mortgages or other security instruments or the manner of collecting taxes so as to adversely affect Agent or the LendersLender, Mortgagor will promptly pay any such taxtax prior to delinquency. If Mortgagor fails to make such payment promptlytimely, or if, in the opinion of AgentLender, any such state, federal, municipal, or other governmental law, order, rule or regulation prohibits Mortgagor from making such payment or would penalize Agent or the Lenders Lender if Mortgagor makes such payment or if, in the reasonable opinion of AgentLender, the making of such payment could reasonably result in the imposition of interest beyond the maximum amount permitted by applicable law, then the entire balance of the principal sums secured by this Instrument and all interest accrued thereon shall, at the option of AgentLender, become immediately due and payable.

Taxes, Liens and Other Charges. (a) In the event of the passage of any state, federal, municipal or other governmental law, order, rule or regulation, subsequent to the date hereof, in any manner changing or modifying the laws now in force governing the taxation of debts secured by mortgages mortgages, deeds of trust or other security instruments or the manner of collecting taxes so as to adversely affect Agent or the Lenders, Mortgagor Grantor will promptly pay any such tax. If Mortgagor Grantor fails to make such payment promptly, or if, in the opinion of Agent, if Agent is advised by third party counsel chosen by Agent that any such state, federal, municipal, or other governmental law, order, rule or regulation prohibits Mortgagor Grantor from making such payment or would penalize Agent or the Lenders if Mortgagor Grantor makes such payment or if, in the opinion of Agent, if Agent is advised by third party counsel chosen by Agent the making of such payment could reasonably result in the imposition of interest beyond the maximum amount permitted by applicable law, then the entire balance of the principal sums secured by this Instrument and all interest accrued thereon shall, at the option of Agent, become immediately due and payable.

Taxes, Liens and Other Charges. (a) In the event of the passage of any state, federal, municipal or other governmental law, order, rule or regulation, subsequent to the date hereof, in any manner changing or modifying the laws now in force governing the taxation of debts secured by mortgages deeds of trust or the manner of collecting taxes so as to adversely affect Agent or the Lenders, Mortgagor Grantor will promptly pay any such tax. If Mortgagor Grantor fails to make such payment promptlywithin five (5) business days following written demand therefor, or if, in the opinion of Agent, any such state, federal, municipal, or other governmental law, order, rule or regulation prohibits Mortgagor Grantor from making such payment or would penalize Agent or the Lenders if Mortgagor Grantor makes such payment or if, in the opinion of Agent, the making of such payment could reasonably result in the imposition of interest beyond the maximum amount permitted by applicable law, then the entire balance of the principal sums secured by this Instrument and all interest accrued thereon shall, at the option of Agent, become immediately due and payablepayable upon sixty (60) days’ notice to Grantor.

Taxes, Liens and Other Charges. (a) In the event of the passage of any state, federal, municipal or other governmental law, order, rule or regulation, subsequent to the date hereof, in any manner changing or modifying the laws now in force governing the taxation of debts secured by mortgages or other security instruments or the manner of collecting taxes so as to adversely affect Agent or the LendersLender, Mortgagor Xxxxxxxxx will promptly pay any such taxtax prior to delinquency. If Mortgagor fails to make such payment promptlytimely, or if, in the opinion of AgentLender, any such state, federal, municipal, or other governmental law, order, rule or regulation prohibits Mortgagor from making such payment or would penalize Agent or the Lenders Lender if Mortgagor makes such payment or if, in the reasonable opinion of AgentLender, the making of such payment could reasonably result in the imposition of interest beyond the maximum amount permitted by applicable law, then the entire balance of the principal sums secured by this Instrument and all interest accrued thereon shall, at the option of AgentLender, become immediately due and payable.