MAINTENANCE; TAXES; INSURANCE AND OTHER CHARGES Sample Clauses

MAINTENANCE; TAXES; INSURANCE AND OTHER CHARGES. Section 10.1 Maintenance of the Leased Property by the City. Subject to its right to not appropriate and as otherwise provided in Section 11.3 hereof, the City agrees that at all times during the Lease Term, the City will maintain, preserve and keep the Leased Property or cause the Leased Property to be maintained, preserved and kept, in good repair, working order and condition, and from time to time make or cause to be made all necessary and proper repairs, including replacements, if necessary. The Trustee shall have no responsibility in any of these matters or for the making of any additions, modifications or replacements to the Leased Property.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
MAINTENANCE; TAXES; INSURANCE AND OTHER CHARGES. SECTION 6.01 Maintenance of the Leased Property by the City 13 SECTION 6.02 Taxes, Other Governmental Charges and Utility Charges 13 SECTION 6.03 Insurance 14 SECTION 6.04 Advances 16 SECTION 6.05 Title Insurance 17 ARTICLE VII
Sample 1
MAINTENANCE; TAXES; INSURANCE AND OTHER CHARGES. Section 8.01. Maintenance of the Leased Property by the City. The agrees that at all times during the Lease Term the City, will maintain, preserve and keep all portions of the Leased Property or cause the Leased Property to be maintained, preserved and kept, in good repair, working order and condition, and that the City will from time to time make or cause to be made all necessary and proper repairs, except as otherwise provided in Sections 9.02 and 10.03 of this Lease. The Lender shall not have any responsibility for such maintenance or repairs or for the making of any additions, modifications or replacements to the Leased Property.
Sample 1
MAINTENANCE; TAXES; INSURANCE AND OTHER CHARGES. Section 8.01. Maintenance of the Leased Property by the County. The County agrees that at all times during the Lease Term the County will maintain, preserve and keep all portions of the Leased Property or cause the Leased Property to be maintained, preserved and kept, in good order and condition, and that the County will from time to time make or cause to be made all necessary and proper repairs, except as otherwise provided in Section 9.03 of this Lease. ZB shall not have any responsibility for such maintenance or repairs or for the making of any additions, modifications or replacements to the Leased Property so long as this Lease is in full force and effect.
Sample 1
MAINTENANCE; TAXES; INSURANCE AND OTHER CHARGES. 26 Section 10.1 Maintenance of the Leased Property by the City. 26 Section 10.2 Modification of the Leased Property; Installation of Furnishings and Machinery of the City. 26 Section 10.3 Taxes, Other Governmental Charges and Utility Charges. 26
Sample 1
MAINTENANCE; TAXES; INSURANCE AND OTHER CHARGES. Section 7.01 Maintenance of the Leased Premises by the City. The City agrees that, at all times during the term hereof, it will maintain, preserve and keep, at its own cost and expense, or cause to be maintained, preserved and kept, the Leased Premises and every portion thereof, which is owned by the City, in good repair, working order and condition and that it will from time to time make, or cause to be made, all necessary and proper repairs, replacements and renewals. The Authority shall have no responsibility in any of these matters or for the making of additions or improvements to the Leased Premises.
Sample 1
MAINTENANCE; TAXES; INSURANCE AND OTHER CHARGES. 31 Section 9.1. Maintenance of the Projects by the Board 31 Section 9.2. Modification of the Projects 31 Section 9.3. Taxes, Other Governmental Charges and Utility Charges 32 Section 9.4. Provisions Respecting Insurance 33 Section 9.5. Public Liability Insurance 34 Section 9.6. Workers’ Compensation Coverage 34 Section 9.7. Advances 34 Section 9.8. Failure to Provide Insurance 34 Section 9.9. Evidence and Notice Regarding Insurance 35 ARTICLE X DAMAGE, DESTRUCTION AND CONDEMNATION; USE OF NET PROCEEDS 36 Section 10.1. Damage, Destruction and Condemnation 36 Section 10.2. Obligation of the Board to Repair and Replace a Project or Projects 36 Section 10.3. Covenant to Seek Appropriation of Insufficiency of Net Proceeds; Discharge of the Obligation of the Board to Repair and Replace the Projects 37 Section 10.4. Cooperation of the Authority and the Trustee 37 Section 10.5. Condemnation of Property Owned by the Board 38 ARTICLE XI DISCLAIMER OF WARRANTIES; COMPLIANCE WITH LAWS AND RULES; OTHER COVENANTS 39 Section 11.1. Disclaimer or Warranties 39 Section 11.2. Further Assurances and Corrective Instruments 39 Section 11.3. Board and Authority Representatives 39 Section 11.4. Requirements of Law 39 Section 11.5. Inspection of the Projects 39 Section 11.6. Granting of Easements and Releases 40 Section 11.7. Issuance of Refunding Bonds 40 Section 11.8. Issuance of Additional Bonds 40 ARTICLE XII CONVEYANCE OF THE PROJECTS 41 Section 12.1. Conveyance of the Projects 41 Section 12.2. Release of a Project Upon Payment of Related Series of Bonds 41 Section 12.3. Conveyance on Purchase of Projects 42 Section 12.4. Relative Position of Option and Indenture 42 ARTICLE XIII ASSIGNMENT, SUBLEASING, INDEMNIFICATION AND SELLING 43 Section 13.1. The Authority to Grant Security Interest to Trustee 43 Section 13.2. Assignment and Subleasing by the Board 43 Section 13.3. Release and Indemnification Covenants 44 Section 13.4. References to Bonds Ineffective After Bonds Paid 44 Section 13.5. Installation of the Furnishings and Machinery of the Board 44 Section 13.6. Equipment Purchased with Proceeds of the Bonds 45 ARTICLE XIV EVENTS OF DEFAULT AND REMEDIES 46 Section 14.1. Events of Default Defined 46 Section 14.2. Remedies on Default 47 Section 14.3. Limitations on Remedies 47 Section 14.4. No Remedy Exclusive 47 Section 14.5. Agreement to Pay Attorneys’ Fees and Expenses 47 Section 14.6. No Additional Waiver Implied by One Waiver 48 ARTICLE XV MISCELLANEOUS 49 Section 15.1. Le...
Sample 1
AutoNDA by SimpleDocs
MAINTENANCE; TAXES; INSURANCE AND OTHER CHARGES. Section □.01. Maintenance of the Leased Property by the Authority. The Authority agrees that at all times during the Lease Term the Authority will maintain, preserve and keep all portions of the Leased Property or cause the Leased Property to be maintained, preserved and kept, in good repair, working order and condition, and that the Authority will from time to time make or cause to be made all necessary and proper repairs, except as otherwise provided in Sections 9.02 and 10.03 of this Lease. The City shall not have any responsibility for such maintenance or repairs or for the making of any additions, modifications or replacements to the Leased Property. Section □.02. Modification of the Leased Property, Installation of Furnishings and Machinery of the Authority. The Authority shall have the privilege of making substitutions, additions, modifications and improvements to any portion of the Leased Property, at its own cost and expense; and the same shall be included in the Leased Property and shall be subject to the rights of the City under the terms of this Lease; provided, however, that such substitutions, additions, modifications and improvements shall not in any way damage the Leased Property or cause the Leased Property to be used for purposes other than in accordance with CEDC Resolution No. 1 and the Cooperation Agreement and provided that the Leased Property, as improved or altered, upon completion of such substitutions, additions, modifications and improvements, shall be of a value not less than the value of the Leased Property immediately prior to making such substitutions, additions, modifications and improvements. The Authority may also, from time to time in its sole discretion and at its own expense, install machinery, equipment, and other tangible personal property in or on any Leased Property. All such machinery, equipment, and other tangible personal property shall remain the sole property of the Authority in which the City shall have not any interest; provided, however, that any such machinery, equipment, and other tangible personal property which becomes permanently affixed to any Leased Property shall be included in the Leased Property and shall be subject to the rights of the City under the terms of this Lease, in the event the City shall reasonably determine that such Leased Property would be materially damaged or impaired by the removal of such machinery, equipment, or other tangible personal property.
Sample 1
MAINTENANCE; TAXES; INSURANCE AND OTHER CHARGES 
Sample 1Sample 2Sample 3See All (4)

Related to MAINTENANCE; TAXES; INSURANCE AND OTHER CHARGES

  • Taxes and Other Charges Borrower shall pay all Taxes and Other Charges as the same become due and payable, and deliver to Lender receipts for payment or other evidence satisfactory to Lender that the Taxes and Other Charges have been so paid no later than thirty (30) days before they would be delinquent if not paid (provided, however, that Borrower need not pay such Taxes nor furnish such receipts for payment of Taxes paid by Lender pursuant to Section 3.3 hereof). Borrower shall not suffer and shall promptly cause to be paid and discharged any Lien against the Property, and shall promptly pay for all utility services provided to the Property. After prior notice to Lender, Borrower, at its own expense, may contest by appropriate legal proceeding, promptly initiated and conducted in good faith and with due diligence, the amount or validity or application of any Taxes or Other Charges, provided that (i) no Default or Event of Default has occurred and is continuing, (ii) such proceeding shall suspend the collection of the Taxes or such Other Charges, (iii) such proceeding shall be permitted under and be conducted in accordance with the provisions of any other instrument to which Borrower is subject and shall not constitute a default thereunder, (iv) no part of or interest in the Property will be in danger of being sold, forfeited, terminated, canceled or lost, (v) Borrower shall have furnished such security as may be required in the proceeding, to insure the payment of any such Taxes or Other Charges, together with all interest and penalties thereon, and (vi) Borrower shall promptly upon final determination thereof pay the amount of such Taxes or Other Charges, together with all costs, interest and penalties. Lender may pay over any such security or part thereof held by Lender to the claimant entitled thereto at any time when, in the judgment of Lender, the entitlement of such claimant is established.

  • Liability for Taxes and Other Charges If any present or future tax or other governmental charge shall become payable by the Depositary or the Custodian with respect to any Shares, Deposited Securities, Receipts or ADSs, such tax or other governmental charge shall be payable by the Holders and Beneficial Owners to the Depositary and such Holders and Beneficial Owners shall be deemed liable therefor. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Securities and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Securities and apply such distributions and sale proceeds in payment of such taxes (including applicable interest and penalties) or charges, with the Holder and the Beneficial Owner remaining fully liable for any deficiency. In addition to any other remedies available to it, the Depositary and the Custodian may refuse the deposit of Shares, and the Depositary may refuse to issue ADSs, to Deliver ADRs, register the transfer, split-up or combination of ADRs and (subject to Section 7.8) the withdrawal of Deposited Securities, until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to, and shall, indemnify the Depositary, the Company, the Custodian and each and every of their respective officers, directors, employees, agents and Affiliates against, and hold each of them harmless from, any claims with respect to taxes, additions to tax (including applicable interest and penalties thereon) arising out of any refund of taxes, reduced rate of withholding at source or other tax benefit obtained for or by such Holder and/or Beneficial Owner. The obligations of Holders and Beneficial Owners of Receipts under this Section 3.2 shall survive any transfer of Receipts, any surrender of Receipts and withdrawal of Deposited Securities, or the termination of this Deposit Agreement.

  • Fees and Other Charges (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date.

Time is Money Join Law Insider Premium to draft better contracts faster.