Taxes Excluded. The indemnity provided in Section 7.1 (b) shall not include:
Taxes Excluded. The indemnity provided for in paragraph (b) above shall not extend to any of the following:
Taxes Excluded. The indemnity provided for in Section 14(a) above shall not extend to any Taxes not due in whole or part to: (1) the acts or omissions of Lessee; (2) the delivery or acceptance of the Aircraft by or to Lessee; (3) the use, possession, maintenance or operation of the Aircraft by Lessee; (4) the misrepresentations of Lessee; or (v) the breach of any covenant or warranty by Lessee. The indemnity provided for in Section 14(a) above shall not extend to any of the following:
Taxes Excluded. The indemnity provided in Section 7.1(b) shall not include: Participation Agreement (TRLI 2001-1C) 66
Taxes Excluded. Nothing herein contained requires, or shall be construed to require, Lessee to pay any property, gift, estate, inheritance, or other tax assessed against Lessor, its successors or assigns, or any income or other tax, assessment. charge, or levy on the Rent payable by Lessee under this Lease.
Taxes Excluded. The indemnity provided for in paragraph 13(b) above shall not extend to any of the following (in each case, except in the case of Taxes otherwise indemnifiable under the Operative Documents, additional amounts necessary to indemnify a Tax Indemnitee for such Taxes on an After-Tax Basis): Participation Agreement
Taxes Excluded. The provisions of paragraph (a) of this Schedule III shall not apply to, and the Borrower shall have no indemnity liability to a Tax Indemnitee pursuant to paragraph (a) of this Schedule III with respect to: [**]
Taxes Excluded. Nothing herein contained shall be deemed to require, or shall be construed to require, Tenant to pay any income, estate, gift, inheritance, succession, or transfer taxes, and any tax on rents.
Taxes Excluded. In the case of the Owner Participant, its -------------- Affiliates, the Owner Trustee both in its individual capacity and as trustee, and each of their respective successors, assigns, officers, directors, employees and agents described in Section 7.1(a) and the Trust Estate (each, an "Equity ------ Tax Indemnitee" and each Tax Indemnitee which is not an Equity Tax Indemnitee, a -------------- "Lender Tax Indemnitee") except with respect to indemnification payments --------------------- hereunder or payments pursuant to this Section 7.1, the indemnity provided in Section 7.1(b) shall not include:
Taxes Excluded. Nothing herein contained requires, or shall be construed as requiring, Tenant to pay any property, gift, estate, inheritance, or other tax assessed against Landlord, his heirs, or successors or assigns not directly concerned with the real property herein leased or the activities of Tenant thereon, or any income, or other tax, assessment, charge, or levy on the rent payable by Tenant under this Lease. But if any of the foregoing shall become a lien on the demised premises or any part thereof, or if Tenant shall be required by law to pay any such tax, charge, or levy, or interest or penalty thereon, or if Tenant shall be required to pay any such tax, charge, or levy in order to protect its leasehold in the property from any foreclosure or other proceeding that may be taken by any government or governmental agency, office, or body, to recover such tax, charge, or levy as may have been levied, assessed, or imposed as hereinabove set forth, or interest or penalty thereon, he shall have and is hereby granted a lien against the demised premises by reason of said payment and to the extent thereof. Any such amount so paid by Tenant for or on behalf of Landlord, his heirs or successors or assigns shall be repaid by Landlord, his heirs, or successors or assigns to Tenant, provided, however, that in the event Landlord, his heirs, or successors or assigns refuses or fails to repay the amount on written demand therefor, Tenant shall have the right to deduct the amount of said payment from subsequent rental payments as may be due hereunder.
