Charge Obligations definition

Charge Obligations means the obligations of the Owner to Council to pay the Environmental Upgrade Charge.
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Charge Obligations means the obligations of the Owner to MCC to pay the Environmental Upgrade Charge.
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Charge Obligations means the obligations of the Owner to WCC to pay the Environmental Upgrade Charge.
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Examples of Charge Obligations in a sentence

  • If MCC: has taken all necessary action to recover or enforce its rights for payment of the Charge Obligations in accordance with the Enforcement Procedure; but has not received payment of the Charge Obligations, then MCC is not liable for: any failure to receive payment of the Charge Obligations; or paying the Lending Body any amount under clause 5.8(c) as if MCC had received that amount from the Owner.

  • MCC must take all necessary action to recover or enforce its rights for payment of the Charge Obligations in accordance with the Enforcement Procedure and, for the avoidance of doubt, in a manner and time frame that is consistent with the process that it would adopt to recover or enforce its rights for payment of other rates and taxes owing under Part 8 of the Local Government Act.

  • Notwithstanding clause 15.6(a), the Owner may disclose the existence or contents of the Charge Obligations to a prospective purchaser or a prospective tenant of the Land without the consent of MCC or the Lending Body.

  • Accordingly, any such waiver or deferral does not make MCC liable to pay the Lending Body any Charge Obligations which are the subject of the deferral or waiver as if the Owner had paid those amounts to MCC.

  • The Owner must continue to fulfil the Charge Obligations and make Charge Payments to MCC in accordance with the Payment Schedule even if the Land ceases to be rateable by MCC, in accordance with section 27O(10) of the City of Melbourne Act.

  • MCC shall as soon as is reasonably practicable give notice in writing to the Lending Body if: MCC becomes aware of: a Default; or any other circumstance that would entitle MCC to take recovery or enforcement action in respect of the Charge Obligations; or MCC decides to exercise any power of recovery or enforcement in relation to the Charge Obligations; or MCC makes any decision as to the matters contemplated in clause 5.8.

  • Accordingly, any such waiver or deferral does not make [INSERT LOCAL GOVERNMENT ABBREVIATION] liable to pay the Lending Body any Charge Obligations which are the subject of the deferral or waiver as if the Owner had paid those amounts to [INSERT LOCAL GOVERNMENT ABBREVIATION].

  • The Purchaser shall pay to the District each month of each Contract Year as part of its Periodic Payments one twelfth (1/12th) of the Purchaser’s Percentage of an annual debt reduction charge (the “Debt Reduction Charge”), which Debt Reduction Charge shall be computed by multiplying the Debt Reduction Charge Percentage for the Contract Year in which such month occurs by the Debt Reduction Charge Obligations for such Contract Year.

  • For the avoidance of doubt, nothing in this agreement requires the Council to refund any excess amount to the Building Owner if the Council has paid that amount to the Finance Provider and the Finance Provider has not remitted the excess amount to the Council under clause 7.8. The Agreed Repayment Arrangements cease to apply when the Charge Obligations have been fully discharged by the Building Owner.

  • The Building Owner must continue to fulfil the Charge Obligations and make Charge Payments to the Council in accordance with the Agreed Repayment Arrangements even if the Building ceases to be rateable by the Council.

Related to Charge Obligations

  • Discharge of Credit Agreement Obligations means, with respect to any Shared Collateral, the Discharge of the Credit Agreement Obligations with respect to such Shared Collateral; provided that the Discharge of Credit Agreement Obligations shall not be deemed to have occurred in connection with a Refinancing of such Credit Agreement Obligations with an Additional Senior Debt Facility secured by such Shared Collateral under one or more Additional Senior Debt Documents which has been designated in writing by the Administrative Agent (under the Credit Agreement so Refinanced) to the Designated Senior Representative as the “Credit Agreement” for purposes of this Agreement.

  • First Priority Obligations means (a) with respect to the Existing First Priority Agreement, all “Obligations” of each Loan Party as defined in the Existing First Priority Agreement and (b) with respect to each other First Priority Agreement, all “Obligations” of each Loan Party as defined in such First Priority Agreement, and shall in any event include (i) all principal of and interest (including without limitation any Post-Petition Interest) and premium (if any) on all loans made or other indebtedness issued or incurred pursuant to such First Priority Agreement, (ii) all reimbursement obligations (if any) and interest thereon (including without limitation any Post-Petition Interest) with respect to any letter of credit or similar instruments issued pursuant to such First Priority Agreement, (iii) all Specified Swap Agreements, (iv) all Specified Cash Management Agreements and (v) all guarantee obligations, fees, expenses and other amounts payable from time to time pursuant to the applicable First Priority Documents, in each case whether or not allowed or allowable in an Insolvency Proceeding. To the extent any payment with respect to any First Priority Obligation (whether by or on behalf of any Loan Party, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be a fraudulent conveyance or a preference in any respect, set aside or required to be paid to a debtor in possession, any Second Priority Secured Party, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall, for the purposes of this Agreement and the rights and obligations of the First Priority Secured Parties and the Second Priority Secured Parties, be deemed to be reinstated and outstanding as if such payment had not occurred.

  • Secured Swap Obligations means all Swap Obligations under any Secured Swap Agreement.

  • Liquidity Obligations means all principal, interest, fees and other amounts owing to the Liquidity Providers under the Liquidity Facilities, Section 8.1 of the Participation Agreements or the Fee Letters.

  • Second Priority Obligations means (a) with respect to the Existing Second Priority Agreement, all “Secured Obligations” of each Loan Party as defined in the “Security Agreement” referred to in the Existing Second Priority Agreement and (b) with respect to each other Second Priority Agreement, (i) all principal of and interest (including without limitation any Post-Petition Interest) and premium (if any) on all indebtedness under such Second Priority Agreement, and (ii) all guarantee obligations, fees, expenses and other amounts payable from time to time pursuant to the applicable Second Priority Documents, in each case whether or not allowed or allowable in an Insolvency Proceeding. To the extent any payment with respect to any Second Priority Obligation (whether by or on behalf of any Loan Party, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be a fraudulent conveyance or a preference in any respect, set aside or required to be paid to a debtor in possession, any First Priority Secured Party, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall, for the purposes of this Agreement and the rights and obligations of the First Priority Secured Parties and the Second Priority Secured Parties hereunder, be deemed to be reinstated and outstanding as if such payment had not occurred.