Future Taxes. Pay all taxes and other governmental assessments as the same shall become due, excepting only taxes and governmental assessments which the Borrower or any Significant Subsidiary is contesting in good faith and for which the Borrower or any Significant Subsidiary has set aside adequate reserves, including reserves for interest with respect thereto in the manner provided hereafter.
Future Taxes. 30 Section 5.5 Legal Existence, Properties, Stock Ownership and Solvency....................30 Section 5.6 Warranties and Conditions.................31 Section 5.7
Future Taxes. If hereafter any law or ordinance shall be adopted imposing a tax directly or indirectly on Beneficiary with respect to the Mortgaged Property, the value of Grantor’s equity therein, or the Debt and secured by this Deed of Trust, Beneficiary, at its election, shall have the right at any time after the tax has been imposed to give Grantor written notice declaring that the principal debt, with interest and other appropriate charges, shall be due on a specified date not less than sixty (60) days thereafter which notice shall specify the nature of the tax which is the basis for acceleration; provided, however, that such election shall be ineffective if, prior to the specified date, Grantor lawfully pays the tax (in addition to all other payments required hereunder) and agrees to pay the tax whenever it becomes due and payable thereafter, which agreement shall then constitute a part of this Deed of Trust.
Future Taxes. PURCHASER shall pay all general taxes accruing, and all special taxes and assessments becoming due, upon the subject property for the period beginning January 1 of the year 2021.
Future Taxes. Although no taxes are currently charged to Wholesalers at the time this agreement was written, in the event that taxes are imposed upon IKANO Communications, then they will be passed along to the Wholesaler. In that event Wholesaler may be charged sales tax unless they have provided IKANO Communications with a Wholesaler certificate issued by a state or territory of the United States or other such documentation as is acceptable to IKANO Communications in its sole discretion that proves Wholesaler is exempt from such taxes for the transactions contemplated hereunder. Price Changes. IKANO Communications shall have the right to change prices listed in Exhibit B with thirty (30) days notice, and that such new pricing is effective immediately upon transmission by FAX or e-mail from IKANO Communications to Wholesaler, or at such time that new rates are posted on the DNAmail website.
Future Taxes. The charges under this Agreement do not include any Taxes, charges or fees, except as specifically provided herein. If any new Taxes, charges or fees imposed after the date hereof by any Authorized Authority howsoever denominated and howsoever measured (including energy taxes, value added taxes, pollution or Environment taxes, taxes on services, municipal consent and access fees, real estate taxes, sales and use taxes and ad valorem taxes) are imposed upon the operation and maintenance of the Electric System or upon or measured by the production, manufacture, sale, transportation, delivery, use or consumption of Electric Energy or power, Customer shall pay its Pro-Rata Share of such Taxes, charges, or fees net of its share of available credits, incentives and deductions or as otherwise provided for in any Applicable Law, unless such Taxes are imposed upon Customer by CMH in violation of Section 7.2. For Taxes that are unique to or directly attributable to CMH’s Unit 16, Customer’s prorated portion of such Taxes shall be equal to its proportional share of the Electric Energy it consumed from Unit 00.
Future Taxes. Section 5.01 Liberty shall be solely liable for any future sales, excise or other tax arising from service to Granite Ridge for gas sold or transported under this Agreement which Liberty may hereafter be required to pay or collect under any federal, state or local law and Liberty agrees that the price payable under this Agreement includes any such taxes currently payable in connection with such service.
Future Taxes. If at any time during the term of the Contract, any governmental authority; (federal, state or local) imposes taxes which were not in effect as of the commencement date of the Contract that in the sole judgment of the Party affected are unduly burdensome or unacceptable then such Party, not later than the earlier of thirty (30) days after learning of such tax or the effective date of such tax, shall initiate a good faith effort to negotiate with the other Party to modify this Contract to cure the effect of such unduly burdensome or unacceptable tax. If no such cure is agreed upon prior to one (1) day prior to the effective date of the tax, the affected Party may cancel and terminate this Contract effective one (1) day prior to the effective date of the tax. In the event of such termination, the Parties agree that all Gas received by Buyer hereunder prior to cessation of deliveries shall be paid for by Buyer at the rate in effect at the time such Gas was received by Buyer and that any other penalties or charges provided for herein on such Gas shall be paid by the owing Party as herein provided.
Future Taxes. It is acknowledged by Sublessee and Sublessor that property tax legislation may be adopted by the Territory of Guam and that assessments, taxes, fees, levies and charges may be imposed by governmental agencies for such purposes as fire protection, street, sidewalk and road maintenance, refuse removal and other governmental services formerly provided without charge to the property owners or occupants. It is the intention of Sublessee and Sublessor that all such new and increased assessments, taxes, fees, levies and charges be included within the definition of real property taxes for purposes of this Sublease.
Future Taxes. A. In the event of the passage after the date of this Mortgage of any law deducting from the value of the Subject Premises for the purposes of taxation any lien thereon or changing in any way the laws now in force for the taxation of mortgages or debts secured by mortgages for state or local purposes or the manner of the collection of any such taxes so as to affect this Mortgage, or if, at any time, the United States Government, or any other governmental subdivision, shall require state or federal documentary stamps hereon, or on the Notes, on the Loan Agreement, or on any of the other Relevant Documents (or if any of them shall be subject to any similar levy), the entire principal indebtedness and all other sums required to be paid by Mortgagor hereunder shall become due and payable at the option of Mortgagee thirty (30) days after the mailing of notice of such election to Mortgagor; provided, however, that exercise of that option shall be ineffective and this Mortgage, the Notes, the Loan Agreement, and other Relevant Documents shall be and remain in effect if Mortgagor lawfully may pay for such stamps or such tax including interest and penalties thereon to or for Mortgagee and does in fact pay, when due, for all such stamps or such tax, as the case may be.
