Common use of Taxes and Assessments; Compliance with Law; Certain Agreements Clause in Contracts

Taxes and Assessments; Compliance with Law; Certain Agreements. (a) The Lessee shall pay or cause to be paid, subject to Section 18, all Impositions before any fine, penalty, interest or cost may be added or any default may be claimed or any termination or foreclosure or forfeiture procedures for nonpayment may be commenced. If any Imposition may legally be paid in installments, such Imposition may be so paid in installments provided that the Lessee shall pay all such installments due and payable on or prior to the Expiration Date or earlier termination of this Lease. "

Appears in 3 contracts

Samples: Master Lease (Pep Boys Manny Moe & Jack), Master Lease (Pep Boys Manny Moe & Jack), Master Lease (Pep Boys Manny Moe & Jack)

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Taxes and Assessments; Compliance with Law; Certain Agreements. (a) The Lessee shall pay or cause to be paid, subject to Section paragraphs 11 and 18, all Impositions before any fine, penalty, interest or cost may be added or any default may be claimed or any termination or foreclosure or forfeiture procedures for nonpayment may be commenced. If any Imposition may legally be paid in installments, such Imposition may be so paid in installments provided installments; provided, however, that the Lessee shall pay all such installments which may be due and payable from time to time shall be paid by the Lessee by, on or prior to before the Expiration Date or the earlier termination of this Lease. ".

Appears in 1 contract

Samples: Lease (Salomon Smith Barney Holdings Inc)

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