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

Taxes, Other Governmental Charges and Utility Charges. In the event that the Leased Property or any portion thereof shall, for any reason, be deemed subject to taxation, assessments or charges lawfully made by any governmental body, the Town shall pay the amount of all such taxes, assessments and governmental charges when due, as Additional Rentals. With respect to special assessments or other governmental charges which may be lawfully paid in installments over a period of years, the Town shall be obligated to provide for Additional Rentals only for such installments as are required to be paid during the upcoming Fiscal Year. Except for Permitted Encumbrances, the Town shall not allow any liens for taxes, assessments or governmental charges to exist with respect to the Leased Property or any portion thereof (including, without limitation, any taxes levied upon the Leased Property or any portion thereof which, if not paid, will become a charge on the rentals and receipts from the Leased Property or any portion thereof, or any interest therein, including the interest of the Lender), or the rentals and revenues derived therefrom or hereunder. The Town shall also pay as Additional Rentals, as the same respectively become due, all utility and other charges incurred in the maintenance and upkeep of the Leased Property.

Taxes, Other Governmental Charges and Utility Charges. In the event that the Leased Property Project or any portion thereof shall, for any reason, be deemed subject to taxation, assessments or charges lawfully made by any governmental bodybody which may be secured by a lien against the Project, an Additional Rental, from and to the extent of Town Funds, shall be paid by the Town shall pay equal to the amount of all such taxes, assessments and governmental charges when then due, as Additional Rentals. With respect to special assessments or other governmental charges which may be lawfully paid in installments over a period of years, the Town shall be obligated to provide for Additional Rentals only for such installments as are required to be paid during that period that the upcoming Fiscal YearTown is obligated to pay Base Rentals. Except for Permitted Encumbrances, the The Town shall not allow any liens for taxes, assessments or governmental charges to exist with respect to the Leased Property or any portion thereof (including, without limitation, any taxes levied upon the Leased Property or any portion thereof which, if not paid, will become a charge on the rentals and receipts from prior to or on a parity with the Leased Property or any portion thereofcharge thereon and the pledge and assignment thereof to be created and made in the Master Resolution), or any interest therein, therein (including the interest of the Lender), Authority) or the rentals and revenues derived therefrom or hereunder. The Town shall also pay as Additional Rentals, from and to the extent of available Town Funds, as the same respectively become due, all gas, water, steam, electricity, heat, power, telephone, utility and other charges incurred in the maintenance operation, maintenance, use, occupancy and upkeep of the Leased PropertyProject.

Taxes, Other Governmental Charges and Utility Charges. In the event that the Leased Property or any portion thereof shall, for any reason, be deemed subject to taxation, assessments or charges lawfully made by any governmental body, the Town City shall pay the amount of all such taxes, assessments and governmental charges when due, as Additional Rentals. In the event that the Lender has exercised any remedy upon an Event of Default or an Event of Nonappropriation, the City agrees that, to the extent permitted by law, it shall treat the Project as property owned by the City for the purposes of City taxation, assessments or other governmental charges. With respect to special assessments or other governmental charges which may be lawfully paid in installments over a period of years, the Town City shall be obligated to provide for Additional Rentals only for such installments as are required to be paid during the upcoming Fiscal YearRenewal Term. Except for Permitted Encumbrances, the Town City shall not allow any liens for taxes, assessments or governmental charges to exist with respect to the Leased Property or any portion thereof (including, without limitation, any taxes levied upon the Leased Property or any portion thereof which, if not paid, will become a charge on the rentals and receipts from the Leased Property or any portion thereof, or any interest therein, including the interest of the Lender), or the rentals and revenues derived therefrom or hereunder. The Town City shall also pay as Additional Rentals, as the same respectively become due, all utility and other charges incurred in the maintenance and upkeep of the Leased Property.

Taxes, Other Governmental Charges and Utility Charges. In the event that the Leased Property or any portion thereof shall, for any reason, be deemed subject to taxation, assessments or charges lawfully made by any governmental body, the Town Authority shall pay the amount of all such taxes, assessments and governmental charges when due, as Additional Rentals. With respect to special assessments or other governmental charges which may be lawfully paid in installments over a period of years, the Town Authority shall be obligated to provide for Additional Rentals only for pay such installments as are required to be paid during the upcoming Fiscal Year. Except for Permitted Encumbrances, the Town Authority shall not allow any liens for taxes, assessments or governmental charges to exist with respect to the Leased Property or any portion thereof (including, without limitation, any taxes levied upon the Leased Property or any portion thereof which, if not paid, will become a charge on the rentals and receipts from the Leased Property or any portion thereof, or any interest therein, including the interest of the LenderCity), or the rentals and revenues derived therefrom or hereunder. The Town Authority shall also pay as Additional Rentals, as the same respectively become due, all utility and other charges incurred in the maintenance and upkeep of the Leased PropertyProperty as they become due.

Taxes, Other Governmental Charges and Utility Charges. In the event that the Leased Property or any portion thereof shall, for any reason, be deemed subject to taxation, assessments or charges lawfully made by any governmental body, the Town City shall pay the amount of all such taxes, assessments and governmental charges when then due, as Additional Rentals. With respect to special assessments or other governmental charges which may be lawfully paid in installments over a period of years, the Town City shall be obligated to provide for Additional Rentals only for such installments as are required to be paid during the upcoming Fiscal Year. Except for Permitted Encumbrances, the Town City shall not allow any liens for taxes, assessments or governmental charges to exist with respect to the Leased Property or any portion thereof (including, without limitation, any taxes levied upon the Leased Property or any portion thereof which, if not paid, will become a charge on the rentals and receipts from the Leased Property or any portion thereofProperty, or any interest therein, including the interest leasehold interests of the LenderTrustee), or the rentals and revenues derived therefrom or hereunder. The Town City shall also pay as Additional Rentals, as the same respectively become due, all utility and other charges incurred in the maintenance and upkeep of the Leased Property.Additional