Common use of Filing and Recording Obligations Clause in Contracts

Filing and Recording Obligations. The Borrower shall pay or cause to be paid all filing, registration and recording fees and all similar expenses incident to the execution and acknowledgment of the Mortgage or any other Security Document and shall pay or cause to be paid all amounts, mortgage recording taxes, transfer taxes, general intangibles taxes and governmental stamp and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution, delivery, filing, recording or registration of any Security Document or any other Loan Document, (except to the extent already recorded) or memoranda thereof (but only to the extent that any such amounts are not required to be paid by Aladdin pursuant to the Purchase and Sale Agreement) by reason of its interest in, or measured by amounts payable under, the Term Loan Notes, any Security Document or any other Loan Document, and shall pay all stamp taxes and other taxes required to be paid on the Notes or any other Loan Document, but excluding in the case of each Lender and the Agent, Taxes imposed on its income by a jurisdiction under the laws of which it is organized or in which its principal executive office is located or in which its applicable lender office for funding or booking its Loans hereunder is located and other taxes described in the proviso to the first sentence of Section 3.7(a). If the Borrower fails to make or cause to be made any of the payments described in the preceding sentence within 15 days after notice thereof from the Agent (or such shorter period as is necessary to protect the loss of or diminution in value of any Collateral by reason of tax foreclosure, as determined by the Agent, in its reasonable discretion) accompanied by documentation verifying the nature and amount of such payments, the Agent may (but shall not be obligated to) pay the amount due and the Borrower shall reimburse all amounts in accordance with the terms hereof. All such advances or expenditures by the Agent shall be payable as provided in Section 11.10.

Filing and Recording Obligations. The Borrower Borrowers shall pay or cause to be paid all filing, registration and recording fees and all similar expenses incident to the execution and acknowledgment of the Mortgage Deed of Trust or any other Security Document Loan Document, including any instrument of further assurance described in subsection 6.12A, and shall pay or cause to be paid all amounts, mortgage recording taxes, transfer taxes, general intangibles taxes and governmental stamp and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution, delivery, filing, recording or registration of any Security Collateral Document or any other Loan Document, (except to the extent already recorded) Casino Lease and the Billboard Master Lease or memoranda thereof (but only to the extent that thereof, including any such amounts are not required to be paid by Aladdin pursuant to the Purchase and Sale Agreement) instrument of further assurance described in subsection 6.12A, or by reason of its interest in, or measured by amounts payable under, the Term Loan Notes, any Security Collateral Document or any other Loan Document, including any instrument of further assurance described in subsection 6.12A, and shall pay all stamp taxes and other taxes required to be paid on the Notes or any other Loan Document, but excluding in the case of each Lender and the Administrative Agent, Taxes imposed on its income by a jurisdiction under the laws of which it is organized or in which its principal executive office is located or in which its applicable lender office for funding or booking its Loans hereunder is located and other taxes described in the proviso to the first sentence of Section 3.7(a)located. If the any Borrower fails to make or cause to be made any of the payments described in the preceding sentence within 15 days after notice thereof from the Administrative Agent (or such shorter period as is necessary to protect the loss of or diminution in value of any Collateral by reason of tax foreclosureforeclosure or otherwise, as determined by the Administrative Agent, in its reasonable sole discretion) accompanied by documentation verifying the nature and amount of such payments, the Administrative Agent may (but shall not be obligated to) pay the amount due and the such Borrower shall reimburse all amounts in accordance with the terms hereof. All such advances or expenditures by the Agent shall be payable as provided in Section 11.10.

Filing and Recording Obligations. The Borrower shall pay or cause to be paid all filing, registration and recording fees and all similar expenses incident to the execution and acknowledgment of the Mortgage a deed of trust, leasehold of deed of trust, mortgage, leasehold mortgage, or any other Security Document Loan Document, including any instrument of further assurance described in Section 5.12.A, and shall pay or cause to be paid all amounts, mortgage recording taxes, transfer taxes, general intangibles taxes and governmental stamp and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution, delivery, filing, recording or registration of any Security Collateral Document or any other Loan Document, (except to the extent already recorded) including any instrument of further assurance described in Section 5.12.A, or memoranda thereof (but only to the extent that any such amounts are not required to be paid by Aladdin pursuant to the Purchase and Sale Agreement) by reason of its interest in, or measured by amounts payable under, the Term Loan Notes, any Security Collateral Document or any other Loan Document, including any instrument of further assurance described in Section 5.12.A, and shall pay all stamp taxes and other taxes required to be paid on the Notes or any other Loan Document, but excluding in the case of each Lender and the Administrative Agent, Taxes imposed on its income by a jurisdiction under the laws of which it is organized or in which its principal executive office is located or in which its applicable lender lending office for funding or booking its Loans hereunder is located and other taxes described in the proviso to the first sentence of Section 3.7(a)located. If the Borrower fails to make or cause to be made any of the payments described in the preceding sentence within 15 days after notice thereof from the Administrative Agent (or such shorter period as is necessary to protect the loss of or diminution in value of any Collateral by reason of tax foreclosureforeclosure or otherwise, as determined by the Agent, Administrative Agent in its reasonable sole discretion) accompanied by documentation verifying the nature and amount of such payments, the Administrative Agent may (but shall not be obligated to) pay the amount due and the Borrower shall reimburse all amounts in accordance with the terms hereof. All such advances or expenditures by the Agent shall be payable as provided in Section 11.10.

Filing and Recording Obligations. The Borrower shall pay or cause to be paid all filing, registration and recording fees and all similar expenses incident to the execution and acknowledgment of the Mortgage Deed of Trust or any other Security Document Loan Document, including any instrument of further assurance described in subsection 6.9A, and shall pay or cause to be paid all amounts, mortgage recording taxes, transfer taxes, general intangibles taxes and governmental stamp and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution, delivery, filing, recording or registration of any Security Collateral Document or any other Loan Document, (except to the extent already recorded) Phase II Lease or memoranda thereof (but only to the extent that thereof, including any such amounts are not required to be paid by Aladdin pursuant to the Purchase and Sale Agreement) instrument of further assurance described in subsection 6.9A, or by reason of its interest in, or measured by amounts payable under, the Term Loan Notes, any Security Collateral Document or any other Loan Document, including any instrument of further assurance described in subsection 6.9A, and shall pay all stamp taxes and other taxes required to be paid on the Notes or any other Loan Document, but excluding in the case of each Lender and the Administrative Agent, Taxes imposed on its income by a jurisdiction under the laws of which it is organized or in which its principal executive office is located or in which its applicable lender office for funding or booking its Loans hereunder is located and other taxes described in the proviso to the first sentence of Section 3.7(a)located. If the Borrower fails to make or cause to be made any of the payments described in the preceding sentence within 15 days after notice thereof from the Administrative Agent (or such shorter period as is necessary to protect the loss of or diminution in value of any Collateral by reason of tax foreclosureforeclosure or otherwise, as determined by the Administrative Agent, in its reasonable sole discretion) accompanied by documentation verifying the nature and amount of such payments, the Administrative Agent may (but shall not be obligated to) pay the amount due and the Borrower shall reimburse all amounts in accordance with the terms hereof. All such advances or expenditures by the Agent shall be payable as provided in Section 11.10.

Filing and Recording Obligations. The Each Borrower shall pay or cause to be paid all filing, registration and recording fees and all similar expenses incident to the execution and acknowledgment of the Mortgage a deed of trust, leasehold of deed of trust, mortgage, leasehold mortgage, or any other Security Document Loan Document, including any instrument of further assurance described in Section 5.11.A., and shall pay or cause to be paid all amounts, mortgage recording taxes, transfer taxes, general intangibles taxes and governmental stamp and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution, delivery, filing, recording or registration of any Security Collateral Document or any other Loan Document, (except to the extent already recorded) including any instrument of further assurance described in Section 5.11.A., or memoranda thereof (but only to the extent that any such amounts are not required to be paid by Aladdin pursuant to the Purchase and Sale Agreement) by reason of its interest in, or measured by amounts payable under, the Term Loan Notes, any Security Collateral Document or any other Loan Document, including any instrument of further assurance described in Section 5.11.A., and shall pay all stamp taxes and other taxes required to be paid on the Notes or any other Loan Document, but excluding in the case of each Lender and the Administrative Agent, Taxes imposed on its income by a jurisdiction under the laws of which it is organized or in which its principal executive office is located or in which its applicable lender lending office for funding or booking its Loans hereunder is located and other taxes described in the proviso to the first sentence of Section 3.7(a)located. If the any Borrower fails to make or cause to be made any of the payments described in the preceding sentence within 15 days after notice thereof from the Administrative Agent (or such shorter period as is necessary to protect the loss of or diminution in value of any Collateral by reason of tax foreclosureforeclosure or otherwise, as determined by the Agent, Administrative Agent in its reasonable sole discretion) accompanied by documentation verifying the nature and amount of such payments, the Administrative Agent may (but shall not be obligated to) pay the amount due and the Borrower Borrowers shall reimburse all amounts in accordance with the terms hereof. All such advances or expenditures by the Agent shall be payable as provided in Section 11.10.

Filing and Recording Obligations. The Borrower shall pay or cause to be paid all filing, registration and recording fees and all similar expenses incident to the execution and acknowledgment of the Mortgage a deed of trust, leasehold of deed of trust, mortgage, leasehold mortgage, or any other Security Document Loan Document, including any instrument of further assurance described in Section 5.12.A, and shall pay or cause to be paid all amounts, mortgage recording taxes, transfer taxes, general intangibles taxes and governmental stamp and other taxes, duties, imposts, assessments and charges arising out of or in connection with the execution, delivery, filing, recording or registration of any Security Collateral Document or any other Loan Document, (except to the extent already recorded) including any instrument of further assurance described in Section 5.12.A, or memoranda thereof (but only to the extent that any such amounts are not required to be paid by Aladdin pursuant to the Purchase and Sale Agreement) by reason of its interest in, or measured by amounts payable under, the Term Loan Notes, any Security Collateral Document or any other Loan Document, including any instrument of further assurance described in Section 5.12.A, and shall pay all stamp taxes and other taxes required to be paid on the Term Loan Notes or any other Loan Document, but excluding in the case of each Term Loan Lender and the Administrative Agent, Taxes imposed on its income by a jurisdiction under the laws of which it is organized or in which its principal executive office is located or in which its applicable lender lending office for funding or booking its Loans hereunder is located and other taxes described in the proviso to the first sentence of Section 3.7(a)located. If the Borrower fails to make or cause to be made any of the payments described in the preceding sentence within 15 days after notice thereof from the Administrative Agent (or such shorter period as is necessary to protect the loss of or diminution in value of any Collateral by reason of tax foreclosureforeclosure or otherwise, as determined by the Agent, Administrative Agent in its reasonable sole discretion) accompanied by documentation verifying the nature and amount of such payments, the Administrative Agent may (but shall not be obligated to) pay the amount due and the Borrower shall reimburse all amounts in accordance with the terms hereof. All such advances or expenditures by the Agent shall be payable as provided in Section 11.10.