Common use of Rents and Taxes Clause in Contracts

Rents and Taxes. All rents, operating costs, property taxes (whether municipal, school, general and special taxes, rates, assessments, local improvements charges or frontage taxes), business taxes, development cost charges, other subdivision charges and costs and other levies which are chargeable against the Land and Buildings leased by the Vendor have been paid in full unless the same are not due and payable;

Rents and Taxes. All rents, operating costs, property taxes (whether municipal, school, general and special taxes, rates, assessments, local improvements charges or frontage taxes), business taxes, development cost charges, other subdivision charges and costs and other levies which are chargeable against the Land and Buildings leased by the Vendor Operating Entities have been paid in full fill unless the same are not due and payable;

Rents and Taxes. All rents, operating costs, property taxes (whether municipal, school, general and special taxes, rates, assessments, local improvements charges or frontage taxes), business taxes, development cost charges, other subdivision charges and costs and other levies which are chargeable against the Land and Buildings leased by the Vendor have been paid in full unless the same are not due and payable;

Rents and Taxes. All rents, operating costs, property taxes ---------------- (whether municipal, school, general and special taxes, rates, assessments, local improvements charges or frontage taxes), business taxes, development cost charges, other subdivision charges and costs and other levies which are chargeable against the Land and Buildings leased by the Vendor NLR and its Subsidiaries have been paid in full fill unless the same are not due and payable;