Common use of Taxes and Utility Charges Clause in Contracts

Taxes and Utility Charges. The Company will pay or cause to be paid, as and when due, (a) all taxes, assessments, and governmental and other charges of any kind whatsoever that may at any time be lawfully assessed or levied against or with respect to the Project Property, (b) all utility and other charges incurred in the operation, maintenance, use, occupancy and upkeep of the Project Property and (c) all assessments and charges lawfully made by any governmental body for public improvements that may be secured by any lien on the Project Property. The Company may, in good faith, contest the amount or validity of any such levy, tax, assessment or other charge by appropriate legal proceedings. During the period of such contest and any related appeal, this Section 4.07 will be deemed satisfied with respect to any such levy, tax, assessment or other charge so contested.

Appears in 1 contract

Samples: Lease Agreement

AutoNDA by SimpleDocs

Taxes and Utility Charges. The Company will pay or cause to be paidpay, as and when due, (ai) all taxes, assessments, assessments and governmental and other charges of any kind whatsoever that may at any time be lawfully assessed or levied against or with respect to the Project Leased Property, ; (bii) all utility and other charges incurred in the operation, maintenance, use, occupancy and upkeep of the Project Leased Property and (ciii) all assessments and charges lawfully made by any governmental body for public improvements that may be secured by any lien on the Project Leased Property. The Company may, in good faith, contest the amount or validity of any such levy, tax, assessment or other charge by appropriate legal proceedings. During the period of such contest and any related appeal, this Section 4.07 4.9 will be deemed satisfied with respect to any such levy, tax, assessment or other charge so contested.

Appears in 1 contract

Samples: Lease Agreement

Taxes and Utility Charges. The Company will pay or cause to be paidpay, as and when due, (ai) all taxes, assessments, assessments and governmental and other charges of any kind whatsoever that may at any time be lawfully assessed or levied against or with respect to the Project Leased Property, ; (bii) all utility and other charges incurred in the operation, maintenance, use, occupancy and upkeep of the Project Leased Property and (ciii) all assessments and charges lawfully made by any governmental body for public improvements that may be secured by any lien on the Project Leased Property. The Company may, in good faith, contest the amount or validity of any such levy, tax, assessment or other charge by appropriate legal proceedings. During the period of such contest and any related appeal, this Section 4.07 4.8 will be deemed satisfied with respect to any such levy, tax, assessment or other charge so contested.

Appears in 1 contract

Samples: Lease Agreement

Taxes and Utility Charges. The Company will pay or cause to be paid, as and when due, (ai) all taxes, assessments, and governmental and other charges of any kind whatsoever that may at any time be lawfully assessed or levied against or with respect to the Project Property, (bii) all utility and other charges incurred in the operation, maintenance, use, occupancy and upkeep of the Project Property and (ciii) all assessments and charges lawfully made by any governmental body for public improvements that may be secured by any lien on the Project Property. The Company may, in good faith, contest the amount or validity of any such levy, tax, assessment or other charge by appropriate legal proceedings. During the period of such contest and any related appeal, this Section 4.07 will be deemed satisfied with respect to any such levy, tax, assessment or other charge so contested.

Appears in 1 contract

Samples: Lease and Installment Sale Agreement

AutoNDA by SimpleDocs

Taxes and Utility Charges. The Company will pay pay, or cause to be paid, as and when due, (ai) all taxes, assessments, assessments and governmental and other charges of any kind whatsoever that may at any time be lawfully assessed or levied against or with respect to the Project Leased Property, ; (bii) all utility and other charges incurred in the operation, maintenance, use, occupancy and upkeep of the Project Leased Property and (ciii) all assessments and charges lawfully made by any governmental body for public improvements that may be secured by any lien on the Project Leased Property. The Company may, in good faith, contest the amount or validity of any such levy, tax, assessment or other charge by appropriate legal proceedings. During the period of such contest and any related appeal, this Section 4.07 4.09 will be deemed satisfied with respect to any such levy, tax, assessment or other charge so contested.

Appears in 1 contract

Samples: Lease Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.