Imposition of Tax Sample Clauses

Imposition of Tax. In the event of the passage of any state, federal, municipal, or other governmental law, order, rule, or regulation in any manner changing or modifying the laws now in force governing the taxation of debts secured by deeds of trust or the manner of collecting taxes so as to affect adversely Mortgagee, Mortgagor will promptly pay any such tax on or before the due date; and if Mortgagor fails to make such prompt payment or if any such state, federal, municipal, or other governmental law, order, rule, or regulation prohibits Mortgagor from making such payment or would penalize Mortgagee if Mortgagor makes such payment, then the entire balance of the Obligations evidenced by the Note shall become due and payable upon demand at the option of Mortgagee.
AutoNDA by SimpleDocs
Imposition of Tax. 3. (1) Subject to this section,
Imposition of Tax. In the event of the passage of any state, federal, municipal or other governmental law, order, rule or regulation, in any manner changing or modifying the laws now in force governing the taxation of debts secured by mortgages or the manner of collecting taxes so as to affect adversely the Lender, the Borrower will promptly pay any such tax on or before the due date thereof; and if the Borrower falls to make such prompt payment or if any such state, federal, municipal or other governmental law, order, rule or regulation prohibits the Borrower from making such payment or would penalize the Lender if the Borrower makes such payment, then the entire balance of the Loan shall become due and payable upon demand at the sole option of the Lender.
Imposition of Tax. Mortgagor covenants and agrees to pay and discharge when due any taxes, fees or other charges imposed by any Federal, State or local authority, including interest and penalties thereon, if any, or thereafter becoming payable on this Mortgage or the Note secured hereby (excluding any Federal or state income taxes of Mortgagee). Mortgagor further covenants and agrees to pay upon demand all fees, charges or taxes (excluding any Federal or state income taxes of Mortgagee), if any, and interest and penalties thereon, if any, imposed on Mortgagee as a condition or as a result of the making of this loan in the State of New Jersey.
Imposition of Tax. If any municipal, state or federal authority imposes a tax on the publication of advertisements, then advertiser shall pay all applicable taxes, included with the submission of their ad copy.
Imposition of Tax. In the event of the passage of any state, federal, municipal or other governmental law, order, rule or regulation, in any manner changing or modifying the laws now in force governing the taxation of debts secured by mortgages or the manner of collecting taxes so as to affect adversely the Lender, the Mortgagor will promptly pay any such tax on or before the due date of such tax; and if the Mortgagor fails to make such prompt payment or if any such state, federal, municipal or other governmental law, order, rule or regulation prohibits Mortgagor from making such payment or would penalize Lender if Mortgagor makes such payment, then the entire balance of the Loan and all amounts due under the Guarantyshall become due and payable upon demand at the option of the Lender.
Imposition of Tax. In the event of the passage of any state, federal, municipal or other governmental law, order, rule or regulation, in any manner changing or modifying the laws now in force governing the taxation of debts secured by mortgages or the manner of collecting taxes so as to affect adversely the Collateral Agent or the Lenders, the Borrower will promptly pay any such tax on or before the due date thereof.
AutoNDA by SimpleDocs
Imposition of Tax. On any taxable vaccine— ‘‘(A) which was sold by the manufacturer, producer, or importer on or before the date of the enactment of this Act [Aug. 10, 1993], ‘‘(B) on which no tax was imposed by section 4131 of the Internal Revenue Code of 1986 (or, if such tax was imposed, was credited or refunded), and
Imposition of Tax. (a) In general There is hereby imposed upon the amount paid within or without the United States for the tax- able transportation (as defined in section 4272) of property a tax equal to 6.25 percent of the amount so paid for such transportation. The tax imposed by this subsection shall apply only to amounts paid to a person engaged in the busi- ness of transporting property by air for hire.
Imposition of Tax. In the event of the passage of any state, federal, municipal or other governmental law, order, rule or regulation, in any manner changing or modifying the laws now in force governing the taxation of debts secured by deeds of trust or the manner of collecting taxes so as to affect adversely the Beneficiary, Grantor shall promptly pay any such tax on or before the due date thereof.
Time is Money Join Law Insider Premium to draft better contracts faster.