Common use of Payment of Taxes, Duties, Etc. of the Trust Clause in Contracts

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.

Appears in 2 contracts

Samples: Trust Agreement (Silicon Valley Bancshares), Trust Agreement (Silicon Valley Bancshares)

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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 Trust; provided, however, that under no circumstances shall the United States or Property Trustee have any other taxing authorityliability for such sums, including non-receipt of any Additional Sums under the Debentures.

Appears in 1 contract

Samples: Declaration of Trust (Popular Inc)

Payment of Taxes, Duties, Etc. of the Trust. Upon receipt under the Debentures of Additional SumsPayments, 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.

Appears in 1 contract

Samples: Trust Agreement (Tompkins Financial Corp)

Payment of Taxes, Duties, Etc. of the Trust. Upon receipt under the Debentures Notes 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.

Appears in 1 contract

Samples: Trust Agreement (Radian Group Capital Trust II)

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Payment of Taxes, Duties, Etc. of the Trust. Upon receipt under the Debentures Debt Securities of Additional SumsPayments, 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.

Appears in 1 contract

Samples: Trust Agreement (Reinsurance Group of America Inc)

Payment of Taxes, Duties, Etc. of the Trust. Upon receipt under the Debentures Subordinated Debt Securities of Additional SumsPayments, 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.

Appears in 1 contract

Samples: Trust Agreement (Omnicare Capital Trust Iii)

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