Payment of Other Taxes by Borrower. Without limiting the provisions of Section 2.1(a) above, Borrower shall timely pay to the relevant Governmental Authority in accordance with applicable Law, or at the option of Administrative Agent reimburse Administrative Agent within fifteen (15) days after demand for the payment of, any Other Taxes.
Appears in 4 contracts
Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.), Loan Agreement (KBS Strategic Opportunity REIT II, Inc.)
Payment of Other Taxes by Borrower. Without limiting the provisions of Section 2.1(a) above, Borrower shall timely pay to the relevant Governmental Authority in accordance with applicable Lawlaw Other Taxes, or at the option of and if not timely paid by Borrower, Administrative Agent may pay any past due amounts for Other Taxes, and Borrower shall reimburse Administrative Agent for such amounts within fifteen ten (1510) days after demand for the payment of, any Other Taxeswritten notice from Administrative Agent.
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (Cottonwood Communities, Inc.)
Payment of Other Taxes by Borrower. Without limiting the provisions of Section 2.1(a) above, Borrower shall timely pay to the relevant Governmental Authority in accordance with applicable Law, or at the option of Administrative Agent or any Lender reimburse Administrative Agent or such Lender within fifteen (15) days after demand for the payment of, any Other Taxes.
Appears in 1 contract
Samples: Loan Agreement (KBS Real Estate Investment Trust II, Inc.)
