Mortgage Taxes definition

Mortgage Taxes means the mortgage recording, transfer or other taxes to be paid upon recordation of the Mortgages.
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Mortgage Taxes means the mortgage recording, transfer or other taxes to be paid upon recordation of the Mortgages. “Note” and “ Notes” have the meaning set forth in Section 1.
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Mortgage Taxes means all taxes, assessments, levies, impositions and other charges of any nature levied, assessed or imposed by any Government Authority on any mortgage loan or Encumbrance on the Property.
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Examples of Mortgage Taxes in a sentence

  • Except to the extent the same are paid directly by the Servicer from sums on deposit in the Mortgage Taxes and Insurance Sub Account pursuant to the Cash Management Agreement, and the Mezzanine Expenses Sub Account pursuant to the Mezzanine Cash Management Agreement, the Issuer shall supply to the Servicer evidence of the payment of such amounts at least ten (10) Business Days prior to the applicable penalty or termination dates.

  • Until such time as the Alabama Mortgage Modifications are recorded as provided in §5.8(b), Borrower agrees to cause $75,000 to be on deposit in an account maintained with Agent and which shall be under the control of Agent to cover the Alabama Mortgage Taxes and other costs and expenses associated with recording the Alabama Mortgage Modifications.

  • If any Legal Requirement requires that additional Mortgage Taxes be paid in order to ensure that the lien or security interest Loan Agreement GTJ Portfolio, Parsippany, New Jersey and Shelton, Connecticut AEGON Loan No. 10520104 and 10520105 created by any Mortgage extend to the full amount of the Loan, the Borrowers shall pay the additional Mortgage Taxes.

  • This allocation is made solely for the purpose of determining the recordation, transfer or mortgage taxes ("Mortgage Taxes") to be paid upon recordation of the Mortgages in each of the jurisdictions in which the Secured Properties lie and is not intended to limit in any manner the extent or priority of the lien or security interest attaching to any of the Secured Properties.

  • If any Legal Requirement requires that additional Mortgage Taxes be paid in order to ensure that the lien or security interest created by any Mortgage extend to the full amount of the Loan, the Borrowers shall pay the additional Mortgage Taxes.

  • The Mortgagor shall hold harmless and indemnify the Mortgagee and each Lender, and their respective successors and assigns, against all liability incurred by reason of the imposition of any such Mortgage Taxes on the making and recording of this Mortgage.


More Definitions of Mortgage Taxes

Mortgage Taxes is defined in Section 6.1 of the Participation Agreement.
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Mortgage Taxes is defined in Section 6.1 of the Participation Agreement. -------------- ------------------------------------------
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Related to Mortgage Taxes

  • Real Estate Taxes means the ad valorem real estate taxes levied against the Property (and the improvements and fixtures located thereon), betterment assessments, special benefit taxes and special assessments levied or imposed against the Property, taxes levied or assessed on gross rentals payable by Tenant to the extent charged, assessed or imposed upon tenants in general which are based upon the rents payable under this Lease, any impact fees levied or assessed, whether or not billed by the taxing authority as a special benefit tax or a special assessment, all taxes levied or assessed on the Property that are in addition to or in lieu of taxes that are currently so assessed, and penalties and interest related to Real Estate Taxes if the applicable Real Estate Tax bills have been forwarded to Tenant in a timely manner; provided, however, that Real Estate Taxes shall not include any Excluded Taxes. “Excluded Taxes” shall mean, without limitation, Landlord’s income taxes, gift taxes, excess profit taxes, excise taxes, franchise taxes, estate, succession, inheritance and realty transfer taxes resulting from the transfer of any direct or indirect interest in the Property by Landlord unless such taxes replace Real Estate Taxes in the future (except as expressly set forth in the last sentence of this Section 4(a)), and any interest or penalty charges resulting solely from Landlord’s failure to promptly deliver the Real Estate Tax bills to Tenant if the applicable taxing authority has forwarded the tax ▇▇▇▇ to Landlord rather than Tenant. All special benefit taxes and special assessments shall be amortized over the longest time permitted under ordinance and Tenant’s liability for installments of such special benefit taxes and special assessments not yet due shall be paid in full prior to the expiration or termination of this Lease; provided, that the useful life of any such improvements do not extend beyond the expiration of the Term. Tenant shall also pay, directly to the applicable Governmental Authority (as hereinafter defined), any storm water charges, fees and taxes and use and occupancy tax in connection with the Property or any improvements thereon (or in the event Landlord is required by law to collect such tax, Tenant shall pay such use and occupancy tax to Landlord as Rent within thirty (30) days of written demand and Landlord shall remit any amounts so paid to Landlord to the appropriate Governmental Authority in a timely fashion) and deliver evidence of such payment to Tenant within ten (10) days of making such payment or within ten (10) days of receipt of Tenant’s request for such evidence of payment.

  • Conveyance Taxes means all sales, use, value added, transfer, stamp, stock transfer, real property transfer or gains and similar Taxes.

  • Real Property Taxes shall also include any tax, fee, levy, assessment or charge, or any increase therein, imposed by reason of events occurring, or changes in Applicable Law taking effect, during the term of this Lease, including but not limited to a change in the ownership of the Industrial Center or in the improvements thereon, the execution of this Lease, or any modification, amendment or transfer thereof, and whether or not contemplated by the Parties.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.