Payment of Taxes, Duties, Etc. of the Trust Sample Clauses

Payment of Taxes, Duties, Etc. of the Trust. Upon receipt under the Notes of Additional Tax Sums and upon the written direction of the Administrative Trustees, the Property Trustee shall promptly pay, solely out of monies on deposit pursuant to this Trust Agreement, any Additional Taxes imposed on the Trust by the United States or any other taxing authority.
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Payment of Taxes, Duties, Etc. of the Trust. Upon receipt under the Debentures of Additional Sums, the Property Trustee shall promptly pay any taxes, duties or governmental charges of whatsoever nature (other than withholding taxes) imposed on the Trust by the United States or any other taxing authority.
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Payment of Taxes, Duties, Etc. of the Trust. Upon receipt pursuant to Section 4.09(a)(vi) of amounts from the Sponsor in respect of taxes owing by the Trust, the Property Trustee shall promptly upon receipt of written instructions from the Sponsor, pay any taxes, duties or governmental charges of whatsoever nature (other than U.S. withholding taxes to the extent that GE Capital would not have been obligated to pay such withholding taxes under the Indenture with respect to the Debentures) imposed on the Trust by the United States or any other taxing authority, in respect of which amounts were received from the Sponsor pursuant to Section 4.09(a)(vi).
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Payment of Taxes, Duties, Etc. of the Trust. Upon receipt of Debentures Additional Amounts, the Paying Agent shall promptly pay from such Debentures Additional Amounts any taxes, duties or governmental charges of whatsoever nature (other than withholding taxes) imposed on the Trust by a taxing jurisdiction in the United States (a “U.S. Taxing Jurisdiction”) for which the Paying Agent has received actual notice of any such amounts due; provided, however, that under no circumstances shall the Paying Agent have any liability for such sums, including non-receipt of any Debentures Additional Amounts under the Debentures. The Property Trustee shall have no obligation to determine if any such amounts are payable pursuant to this Section 4.6.
Sample 1
Payment of Taxes, Duties, Etc. of the Trust. Upon receipt under the Debentures of Additional Interest, the Property Trustee, at the direction of an Administrative Trustee or the Depositor, shall promptly pay any taxes, duties or governmental charges of whatsoever nature (other than withholding taxes) imposed on the Trust by the United States or any other taxing authority.
Sample 1

Related to Payment of Taxes, Duties, Etc. of the Trust

  • Payment of Taxes, Duties, Etc of the Trust. Upon receipt under the Notes of Additional Tax Sums and upon the written direction of the Administrative Trustees, the Property Trustee shall promptly pay, solely out of monies on deposit pursuant to this Trust Agreement, any Additional Taxes imposed on the Trust by the United States or any other taxing authority.

  • Payment of Taxes, Etc Pay and discharge, and cause each of its Subsidiaries to pay and discharge, before the same shall become delinquent, (i) all taxes, assessments and governmental charges or levies imposed upon it or upon its property and (ii) all lawful claims that, if unpaid, might by law become a Lien upon its property; provided, however, that neither the Borrower nor any of its Subsidiaries shall be required to pay or discharge any such tax, assessment, charge or claim that is being contested in good faith and by proper proceedings and as to which appropriate reserves are being maintained, unless and until any Lien resulting therefrom attaches to its property and becomes enforceable against its other creditors.

  • Administrative Duties of the Custodian The Custodian shall perform the following administrative duties with respect to Investments of the Fund.

  • Certain Duties and Responsibilities of the Trustee In entering into this Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the Indenture relating to the conduct or affecting the liability or affording protection to the Trustee, whether or not elsewhere herein so provided.

  • Payment of Trust Expenses The Trustees are authorized to pay or to cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, and according to any allocation to a particular Series and Class made by them pursuant to Section 6.1(f) hereof, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the business and affairs of the Trust or in connection with the management thereof, including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, Investment Adviser, Administrator, Distributor, Principal Underwriter, auditor, counsel, Custodian, Transfer Agent, Dividend Disbursing Agent, Accounting Agent, Shareholder Servicing Agent, and such other agents, consultants, and independent contractors and such other expenses and charges as the Trustees may deem necessary or proper to incur.

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