Common use of Certain Tax Law Changes Clause in Contracts

Certain Tax Law Changes. In the event of the passage after the date of this Deed to Secure Debt of any law deducting from the value of real property, for the purpose of taxation, amounts in respect of any Lien thereon or changing in any way the laws for the taxation of mortgages or debts secured by mortgages for state or local purposes or the manner of the collection of any such taxes (excluding therefrom taxes on income), and imposing a tax, either directly or indirectly, on this Deed to Secure Debt, any Interest Rate Agreement or any other Credit Document that is payable by Beneficiary, Grantor shall promptly pay to Beneficiary such amount or amounts as may be necessary from time to time to pay such tax.

Certain Tax Law Changes. In the event of the passage ----------------------- after the date of this Deed to Secure Debt of any law deducting from the value of real property, for the purpose of taxation, amounts in respect of any Lien thereon or changing in any way the laws for the taxation of mortgages or debts secured by mortgages for state or local purposes or the manner of the collection of any such taxes (excluding therefrom taxes on income), and imposing a tax, either directly or indirectly, on this Deed to Secure Debt, any Interest Rate Agreement or any other Credit Document that is payable by Beneficiary, Grantor shall promptly pay to Beneficiary such amount or amounts as may be necessary from time to time to pay such tax.