Common use of Documentary Stamps and Other Charges Clause in Contracts

Documentary Stamps and Other Charges. Borrower shall pay all taxes, assessments, charges, expenses, costs and fees (including registration and recording fees and revenue, transfer, stamp, intangible and any similar taxes) (collectively, the “Transaction Taxes”) required in connection with the making and/or recording of the Documents. If Borrower fails to pay the Transaction Taxes after demand, Lender may (but is not obligated to) pay these and Borrower shall reimburse Lender on demand for any amount so paid with interest at the applicable interest rate specified in the Note, which shall be the Default Rate unless prohibited by Laws.

Appears in 8 contracts

Sources: Mortgage and Security Agreement (Mack Cali Realty Corp), Mortgage and Security Agreement (Mack Cali Realty L P), Mortgage and Security Agreement (Mack Cali Realty L P)

Documentary Stamps and Other Charges. Borrower shall pay all taxes, assessments, charges, expenses, costs and fees (including registration and recording fees and revenue, transfer, stamp, intangible and any similar taxes) (collectively, the “Transaction Taxes”) required in connection with the making and/or recording of the Documents. If Borrower ▇▇▇▇▇▇▇▇ fails to pay the Transaction Taxes after demand, Lender may (but is not obligated to) pay these and Borrower shall reimburse Lender on demand for any amount so paid with interest at the applicable interest rate specified in the Note, which shall be the Default Rate unless prohibited by Laws.

Appears in 4 contracts

Sources: Promissory Note (Mack Cali Realty L P), Promissory Note (Mack Cali Realty L P), Promissory Note (Mack Cali Realty Corp)

Documentary Stamps and Other Charges. Borrower shall pay all taxes, assessments, charges, expenses, costs and fees (including registration and recording fees and revenue, transfer, stamp, intangible intangible, and any similar taxes) (collectivelytaxes)(collectively, the “Transaction Taxes”) required in connection with the making and/or recording of the Documents. If Borrower fails to pay the Transaction Taxes after demand, Lender may (but is not obligated to) pay these and Borrower shall reimburse Lender on demand for any amount so paid with interest at the applicable interest rate specified in the Note, which shall be the Default Rate unless prohibited by Laws.

Appears in 4 contracts

Sources: Agreement of Spreader, Consolidation, and Modification of Mortgage and Security, Agreement of Spreader, Consolidation and Modification of Mortgage and Security Agreement (250 West 57th St Associates L.L.C.), Mortgage Agreement (60 East 42nd Street Associates L.L.C.)

Documentary Stamps and Other Charges. Borrower shall pay all taxes, assessments, charges, expenses, costs and fees (including registration and recording fees and revenue, transfer, stamp, intangible intangible, and any similar taxes) (collectively, the “Transaction Taxes”) required in connection with the making and/or recording of the Documents. If Borrower fails to pay the Transaction Taxes after demand, Lender may (but is not obligated to) pay these and Borrower shall reimburse Lender on demand for any amount so paid with interest at the applicable interest rate specified in the Note, which shall be the Default Rate unless prohibited by Laws.

Appears in 3 contracts

Sources: Deed of Trust, Security Agreement and Fixture Filing, Loan Agreement (FelCor Lodging Trust Inc), Deed of Trust and Security Agreement (CNL Income Properties Inc)

Documentary Stamps and Other Charges. Borrower shall pay all taxes, assessments, charges, expenses, costs and fees (including registration and recording fees and revenue, transfer, stamp, intangible intangible, indebtedness and any similar taxes) (collectively, the “Transaction Taxes”"TRANSACTION TAXES") required in connection with the making and/or recording of the Documents. If Borrower fails to pay the Transaction Taxes after demand, Lender may (but is not obligated to) pay these and Borrower shall reimburse Lender on demand for any amount so paid with interest at the applicable interest rate specified in the Note, which shall be the Default Rate unless prohibited by Laws.

Appears in 2 contracts

Sources: Mortgage and Security Agreement (Cornerstone Realty Income Trust Inc), Mortgage and Security Agreement (Cornerstone Realty Income Trust Inc)

Documentary Stamps and Other Charges. Borrower shall pay all taxes, assessments, charges, expenses, costs and fees (including registration and recording fees and revenue, transfer, stamp, intangible intangible, indebtedness and any similar taxes) (collectively, the “Transaction Taxes”) required in connection with the making and/or recording of the Documents. If Borrower ▇▇▇▇▇▇▇▇ fails to pay the Transaction Taxes after demand, Lender may (but is not obligated to) pay these the same and Borrower shall reimburse Lender on demand for any amount so paid with interest at the applicable interest rate specified in the Note, which shall be the Default Rate unless prohibited by Laws.

Appears in 1 contract

Sources: Deed of Trust and Security Agreement (Hines Real Estate Investment Trust Inc)

Documentary Stamps and Other Charges. Borrower shall pay all taxes, assessments, charges, expenses, costs and fees (including registration and recording fees and revenue, transfer, stamp, intangible intangible, and any similar taxes) (collectivelytaxes)(collectively, the “Transaction Taxes”) required in connection with the making and/or recording of any of the Documents. If Borrower B▇▇▇▇▇▇▇ fails to pay the Transaction Taxes after demand, Lender may (but is not obligated to) pay these and Borrower shall reimburse Lender on demand for any amount so paid with interest at the applicable interest rate specified in the Note, which shall be the Default Rate unless prohibited by Laws. Notwithstanding anything to the contrary in this Mortgage or any of the other Documents, this Section 3.03(c) shall survive repayment of the Note and satisfaction of this Mortgage.

Appears in 1 contract

Sources: Multi State Mortgage and Security Agreement (CNL Hotels & Resorts, Inc.)

Documentary Stamps and Other Charges. Borrower shall pay all taxes, assessments, charges, expenses, costs and fees (including registration and recording fees and revenue, transfer, stamp, intangible intangible, and any similar taxes) (collectively, the “Transaction Taxes”) required in connection with the making and/or recording of the Documents. If Borrower ▇▇▇▇▇▇▇▇ fails to pay the Transaction Taxes after demand, Lender may (but is not obligated to) pay these and Borrower shall reimburse Lender on demand for any amount so paid with interest at the applicable interest rate specified in the Note, which shall be the Default Rate unless prohibited by Laws.

Appears in 1 contract

Sources: Deed of Trust, Security Agreement and Fixture Filing (Saul Centers Inc)

Documentary Stamps and Other Charges. Borrower shall pay all taxes, assessments, charges, expenses, costs and fees (including registration and recording fees and revenue, transfer, stamp, intangible intangible, and any similar taxes) (collectivelytaxes)(collectively, the “Transaction Taxes”) required in connection with the making and/or recording of any of the Documents. If Borrower B▇▇▇▇▇▇▇ fails to pay the Transaction Taxes after demand, Lender may (but is not obligated to) pay these and Borrower shall reimburse Lender on demand for any amount so paid with interest at the applicable interest rate specified in the Note, which shall be the Default Rate unless prohibited by Laws. Notwithstanding anything to the contrary in this Mortgage or any of the other Documents, this Section 3.03(c) shall survive repayment of the Note and satisfaction of this Deed of Trust.

Appears in 1 contract

Sources: Deed of Trust, Security Agreement and Fixture Filing (CNL Hotels & Resorts, Inc.)

Documentary Stamps and Other Charges. Borrower shall pay all taxes, assessments, charges, expenses, costs and fees (including registration and recording fees and revenue, transfer, stamp, intangible intangible, and any similar taxes) (collectivelytaxes)(collectively, the “Transaction Taxes”) required in connection with the making and/or recording of the Documents. If Borrower fails to pay the Transaction Taxes after demand, Lender may (but is not obligated to) pay these and Borrower shall reimburse Lender on demand for any amount so paid with interest at the applicable interest rate specified in the Note, which shall be the Default Rate unless prohibited by Laws.. Prudential Loan No. 7061xxxxx ▇▇▇▇ Building Supplemental Loan Mortgage and Security Agreement

Appears in 1 contract

Sources: Second Priority Mortgage and Security Agreement (250 West 57th St Associates L.L.C.)

Documentary Stamps and Other Charges. Borrower shall pay all taxes, assessments, charges, expenses, costs and fees (including registration and recording fees and revenue, transfer, stamp, intangible intangible, and any similar taxes) (collectivelytaxes)(collectively, the “Transaction Taxes”) required in connection with the making and/or recording of any of the Documents. If Borrower fails to pay the Transaction Taxes after demand, Lender may (but is not obligated to) pay these and Borrower shall reimburse Lender on demand for any amount so paid with interest at the applicable interest rate specified in the Note, which shall be the Default Rate unless prohibited by Laws. Notwithstanding anything to the contrary in this Mortgage or any of the other Documents, this Section 3.03(c) shall survive repayment of the Note and satisfaction of this Mortgage.

Appears in 1 contract

Sources: Mortgage (CNL Hotels & Resorts, Inc.)