Common use of Payment of Taxes; Liens Clause in Contracts

Payment of Taxes; Liens. Each Owner shall pay or cause to be paid prior to delinquency the real estate taxes, assessments, special district charges and all other public, governmental, quasi-public or quasi-governmental charges which are or may become a lien upon the Owner's Parcel or Parcels ("Impositions"), and all other liens or charges which may be or become superior to this Declaration or any amendments thereto. If any Owner fails to pay any Imposition or other lien or charge as provided herein, the Association shall have the right, but no obligation, to cure such default. All costs and expenses, including attorneys' fees and costs, incurred by the Association in connection with any such cure may be recovered by the Association as a Reimbursement Assessment against said Owner and its Parcel or Parcels. An Owner shall have the right, at its own cost and expense, and in its own name, to contest or protest or seek to have reviewed, reduced, equalized or abated any Imposition levied upon its Parcel(s) by first paying such Imposition and thereafter filing a claim for refund or pursuing such other remedy as may then be available under and in accordance with California law. Upon final determination of any such proceeding, the protesting Owner shall pay the Impositions for which EXHIBIT F -29- PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems] it is responsible pursuant to this Section as they are finally determined and all penalties, interest, costs and expense which may thereupon be due or have resulted therefrom. An Owner shall notify the Association in writing of any contest or protest so filed by an Owner, and shall provide the Association, upon request, with any and all documents pertaining thereto.

Appears in 5 contracts

Samples: Lease Option Agreement (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc)

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