Payment of Impositions, etc Sample Clauses

Payment of Impositions, etc. Subject to Section 1.8 (relating to permitted contests), the Mortgagor will pay or cause to be paid before the same would become delinquent and before any fine, penalty, interest or cost may be added for non-payment, all taxes, assessments, water and sewer rates, charges, license fees, inspection fees and other governmental levies or payments, of every kind and nature whatsoever, general and special, ordinary and extraordinary, unforeseen as well as foreseen, which at any time may be assessed, levied, confirmed, imposed or which may become a lien upon the Collateral, or any portion thereof, or which are payable with respect thereto, or upon the rents, issues, income or profits thereof, or on the occupancy, operation, use, possession or activities thereof, whether any or all of the same be levied directly or indirectly or as excise taxes or as income taxes, and all taxes, assessments or charges which may be levied on the Secured Obligations, or the interest thereon (collectively, the "Impositions"). The Mortgagor will deliver to the Mortgagee, upon request, copies of official receipts or other satisfactory proof evidencing such payments.
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Payment of Impositions, etc. Subject to Section 1.8, the Grantor will pay or cause to be paid, before any fine, penalty, interest or cost may be added for non-payment and before the commencement of any action to foreclose the Lien of any Imposition (as defined below) against all or any portion of the Trust Premises, all Taxes, assessments, water and sewer rates, charges, license fees, inspection fees and other levies or payments, of every kind and nature whatsoever of any Governmental Authority, general and special, ordinary and extraordinary, unforeseen as well as foreseen, which at any time may be assessed, levied, confirmed, imposed or which may become a Lien upon the Trust Premises, or any portion thereof, or which are payable with respect thereto, or upon the rents, issues, income or profits thereof, or on the occupancy, operation, use, possession or activities thereof, whether any or all of the same be levied directly or indirectly, and all taxes, assessments or charges which may be levied on the Obligations, or the interest thereon (collectively, the “Impositions”). The Grantor will deliver to the Beneficiary, upon request, copies of official receipts or other satisfactory proof evidencing such payments.
Payment of Impositions, etc. Subject to Section 1.8 (relating --------------------------- ----------- to permitted contests), the Trustor will pay or cause to be paid within 30 days after the same become a lien, but in any event before the same would become delinquent and before any fine, penalty, interest or cost may be added for non-payment, all taxes, assessments, water and sewer rates, charges, license fees, inspection fees and other governmental levies or payments, of every kind and nature whatsoever, general and special, ordinary and extraordinary, unforeseen as well as foreseen, which at any time may be assessed, levied, confirmed, imposed or which may become a lien upon the Collateral, or any portion thereof, or which are payable with respect thereto, or upon the rents, issues, income or profits thereof, or on the occupancy, operation, use, possession or activities thereof, whether any or all of the same be levied directly or indirectly or as excise taxes or as income taxes, and all taxes, assessments or charges which may be levied on the Secured Obligations, or the interest thereon (collectively, the "Impositions"). The Trustor will deliver to ----------- the Beneficiary, upon request, copies of official receipts or other satisfactory proof evidencing such payments. Notwithstanding the foregoing provisions of this Section 1.5, the Beneficiary agrees that if the Trustor (through inadvertence), ----------- fails to make payment of any Imposition which is in a de minimis amount (which -- ------- shall be an amount less than or equal to $5,000), then the Beneficiary shall not declare an Event of Default as a result of such failure, provided (i) within five (5) days after the Trustor receives notice of such unpaid Imposition, the Trustor makes payment thereof and (ii) the Collateral is not, in the Beneficiary's judgment, in any danger of being subjected to judicial proceedings, sold, lost, forfeited or interfered with.
Payment of Impositions, etc. Mortgagor shall pay all Impositions now or hereafter levied or assessed or imposed against the Mortgaged Property or any part thereof and all ground rents, maintenance charges, other governmental impositions, and other charges, including without limitation vault charges and license fees for the use of vaults, chutes and similar areas adjoining the Premises, now or hereafter levied or assessed or imposed against the Mortgaged Property or any part thereof (the "Other Charges") as same become due and payable. Mortgagor will deliver to Mortgagee, promptly upon Mortgagee's request, evidence satisfactory to Mortgagee that the Impositions and Other Charges have been so paid or are not then delinquent. Mortgagor shall not suffer and shall promptly cause to be paid and discharged any Xxxx or charge whatsoever which may be or become a Lien or charge against the Mortgaged Property (except that, after prior written notice to Mortgagee, Mortgagor, at its own expense, may contest the amount or validity or application in whole or in part of any of the Impositions or Other Charges), and shall promptly pay for all utility services (including gas, electricity, steam, water, sewer and any other services or other charges of a similar nature, whether public or private) provided to the Mortgaged Property. Mortgagor shall furnish to Mortgagee or its designee receipts for the payment of real estate taxes prior to the date the same shall become delinquent. Mortgagor will pay all taxes, charges, filing, registration and recording fees, excises and levies imposed in connection with the recording of this Mortgage or imposed upon Mortgagee by reason of its ownership of this Mortgage, other than income, estate, inheritance, excess profits, franchise and doing business taxes or similar taxes, and shall pay any and all stamp taxes and other taxes required to be paid on the Obligations. In the event Mortgagor fails to make any such payment within thirty (30) days after written notice thereof from Mortgagee, then Mortgagee shall have the right, but shall not be obligated to, pay the amount due and Mortgagor shall, on demand, reimburse Mortgagee for said amount.
Payment of Impositions, etc. The Company will and will cause each Subsidiary to promptly pay or cause to be paid all Impositions before the same become delinquent, except where contested in good faith, by proper proceedings pursuant to which collection from the Company of such Imposition is suspended, if adequate reserves therefor have been established on the books of the Company or such Subsidiary, as the case may be, in accordance with and to the extent required by GAAP, and where non-payment will not have, individually or in the aggregate, a Material Adverse Effect.
Payment of Impositions, etc. 20 9. COMPLIANCE WITH LEGAL AND INSURANCE REQUIREMENTS, INSTRUMENTS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 10. LIENS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 11.
Payment of Impositions, etc. Subject to the provisions of Article 11 relating to permitted contests, the Mortgagor will pay, or cause to be paid, before any fine, penalty, interest or cost may be added for such nonpayment, all real estate taxes, assessments, fees, taxes on rents or rentals, and other governmental charges that may be levied or assessed against the Property or the Mortgagor with respect to the Property or rents therefrom or which become liens upon the Property (collectively, "Impositions"). The Mortgagor shall provide the Mortgagee evidence of the payment of such Impositions one Business Day prior to their due dates. The Mortgagor shall not be required to pay any income, excess profits or revenue tax, excise tax or inheritance tax, gift tax, franchise tax, corporation tax, capital levy, estate succession or other similar tax or charge that may be payable by or chargeable to the Mortgagee, any interest, fines, costs, additions to tax or penalties in respect thereof, unless such tax is imposed, levied or assessed in substitution for any Impositions that the Mortgagor is required to pay pursuant to this Article 8 as set forth in Article 43 hereof.
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Payment of Impositions, etc. Subject to Section 1.8 (relating to permitted contests), the Grantor will pay or cause to be paid before the same would become delinquent and before any fine, penalty, interest or cost may be added for non-payment, all taxes, assessments, water and sewer rates, charges, license fees, inspection fees and other governmental levies or payments, of every kind and
Payment of Impositions, etc. Subject to the provisions of Article --------------------------- 12 relating to permitted contests, the Mortgagors agree to pay, or cause to be paid, before any fine, penalty, interest or cost may be added for such nonpayment, all real estate taxes, assessments, fees, taxes on rents or rentals, and other governmental charges that may be levied or assessed against any of the Mortgaged Properties or any of the Mortgagors with respect to any of the Mortgaged Properties or rents therefrom or which might, if due and unpaid, become Liens upon any of the Mortgaged Properties (collectively, "Impositions"). Except as set forth in Section 10.4 of the Indenture, the Mortgagors shall not be required to pay any income, excess profits or revenue tax, excise tax or inheritance tax, gift tax, franchise tax, corporation tax, capital levy, estate -39- succession or other similar tax or charge that may be payable by or chargeable to the Mortgagee, any interest, fines, costs, additions to tax or penalties in respect thereof, unless such tax is imposed, levied or assessed in substitution for any Impositions that the Mortgagors are required to pay pursuant to this Article 9.
Payment of Impositions, etc. Subject to the provisions of Article 12 relating to permitted contests, the Beneficiary will pay, or cause to be paid, before any fine, penalty, interest or cost may be added for such nonpayment, all real estate taxes, assessments, fees, taxes on rents or rentals, and other governmental charges that may be levied or assessed against the Property or any part thereof or the Mortgagor or the Beneficiary with respect to the Property or any part thereof or rents therefrom or which become liens upon the Property or any part thereof (collectively, "Impositions"). Except as provided in Article 45 hereof, the Beneficiary shall not be required to pay any income, excess profits or revenue tax, excise tax or inheritance tax, gift tax, franchise tax, corporation tax, capital levy, estate succession or other similar tax or charge that may be payable by or chargeable to the Mortgagee, or any interest, fines, costs, additions to tax or penalties in respect thereof, provided Beneficiary shall pay any such tax which is imposed, levied or assessed in substitution for any Impositions.
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