Pay All Taxes Sample Clauses

Pay All Taxes. The Borrower agrees to duly pay and discharge all taxes, assessments and governmental charges upon it or against its properties prior to the date on which penalties are attached except that the Borrower will not be required to pay any such tax, assessment or governmental charge which is being contested by it in good faith and by appropriate proceedings.
Pay All Taxes. The Lessee agrees to duly pay and discharge all taxes, ------------- assessments and governmental charges upon it or against those properties related to this Agreement prior to the date on which the penalities attached thereto.
Pay All Taxes. The Borrower agrees to duly pay and discharge all taxes, assessments and governmental charges upon it or against its properties prior to the date on which the penalties attach thereto, except that the Borrower shall not be required to pay any such tax, assessment or governmental charge which is being contested by it in good faith and by appropriate proceedings. Unless waived in writing by the Lender, the Borrower shall pay each month to the Lender, concurrently with and in addition to the monthly payments required under the Note, 1/12 of the reasonably estimated annual general and special taxes and any other assessments or taxes levied on the real property covered by the Deed of Trust. Such estimate may be adjusted by the Lender from time to time based on past billings and assessments. 'The tax funds shall be retained by xxx Xxxder as additional security for the Loan and for the payment of such items when charged or billed without further inquiry. The Borrower shall provide the Lender with a proper statement of taxes before the due date. In case the fund is not sufficient to pay the taxes at the end of each year for which they are assessed, the Borrower shall promptly pay the deficiency to the Lender. The Lender shall not be required to pay the Borrower any interest or earnings on such funds.
Pay All Taxes. The Borrowers agree to pay and discharge all taxes, assessments and governmental charges upon them or against their properties prior to the date upon which penalties attach thereto, except that the Borrowers shall not be required to pay any such tax, assessment or governmental charge which is being contested by them in good faith by or through appropriate proceedings. Borrowers agree Lender may advance and pay any taxes or assessments made against or upon the secured property and that any sums so paid shall, at the sole discretion of Lender, be immediately due and payable or be added to the principal indebtedness of the Note and bear interest at the Rate provided for therein.
Pay All Taxes. It shall pay or cause to be paid all rents, taxes, rates, levies or assessments, fees or dues lawfully levied, assessed or imposed upon its property and assets or any part thereof as and when the same shall become due and payable prior to any penalties accruing thereon unless and to the extent only that: (i) the same shall be contested in good faith and by appropriate proceedings in such a manner as not to cause any materially adverse effect upon its financial condition; or (ii) adequate reserves shall have been set aside on its books;

Related to Pay All Taxes

  • Payroll Taxes Employer shall have the right to deduct from the compensation and benefits due to Employee hereunder any and all sums required for social security and withholding taxes and for any other federal, state, or local tax or charge which may be in effect or hereafter enacted or required as a charge on the compensation or benefits of Employee.

  • No Tax Allocation, Sharing The Acquiror Company is not and has not been a party to any Tax allocation or sharing agreement.

  • Certain Taxes All transfer, documentary, sales, use, stamp, registration and other such Taxes and fees (including any penalties and interest) incurred in connection with this Agreement, shall be paid by Sellers when due, and Sellers will, at their own expense, file all necessary Tax Returns and other documentation with respect to all such transfer, documentary, sales, use, stamp, registration and other Taxes and fees, and, if required by applicable law, Buyer will, and will cause its affiliates to, join in the execution of any such Tax Returns and other documentation.

  • Allocation of Tax Liabilities The provisions of this Section 2 are intended to determine each Company's liability for Taxes with respect to Pre-Distribution Periods. Once the liability has been determined under this Section 2, Section 5 determines the time when payment of the liability is to be made, and whether the payment is to be made to the Tax Authority directly or to another Company.

  • Expenses; Taxes Except as otherwise provided in this Agreement, the parties shall pay their own fees and expenses, including their own counsel fees, incurred in connection with this Agreement or any transaction contemplated hereby. Any sales tax, stamp duty, deed transfer or other tax (except taxes based on the income of the Investor) arising out of the issuance of the Shares (but not with respect to subsequent transfers) by the Issuer to the Investor and consummation of the transactions contemplated by this Agreement shall be paid by the Issuer.