Payment of Impositions, etc. Subject to Section 1.8 (relating to permitted contests), the Trustor will pay or cause to be paid before the same would become delinquent and before any fine, penalty, interest or cost may be added for non-payment, all taxes, assessments, water and sewer rates, charges, license fees, inspection fees and other governmental levies or payments, of every kind and nature whatsoever, general and special, ordinary and extraordinary, unforeseen as well as foreseen, which at any time may be assessed, levied, confirmed, imposed or which may become a lien upon the Trust Premises, or any portion thereof, or which are payable with respect thereto, or upon the rents, issues, income or profits thereof, or on the occupancy, operation, use, possession or activities thereof, whether any or all of the same be levied directly or indirectly or as excise taxes or as income taxes, and all taxes, assessments or charges which may be levied on the Secured Obligations, or the interest thereon (collectively, the "Impositions"). The Trustor will deliver to the Trustee and the Beneficiary, upon request, copies of official receipts or other satisfactory proof evidencing such payments.
Payment of Impositions, etc. Mortgagor shall pay, or shall cause Prime Tenant to pay, all taxes, assessments, water rates and sewer rents, now or hereafter levied or assessed or imposed against the Mortgaged Property or any part thereof and all ground rents, maintenance charges and, other governmental impositions, other charges, including without limitation vault charges and license fees for the use of vaults, chutes and similar areas adjoining the Premises, now or hereafter levied or assessed or imposed against the Mortgaged Property or any part thereof (collectively, the "Impositions") as same become due and payable. Mortgagor will deliver to Mortgagee, upon request, evidence reasonably satisfactory to Mortgagee that the Impositions and all other charges, fees and impositions are not delinquent. Mortgagor shall not suffer and shall promptly cause to be paid and discharged, any lien or charge whatsoever which may be or become a lien or charge against the Mortgaged Property, and shall promptly pay for, or cause to be paid, all utility services provided to the Mortgaged Property. Upon the request of Mortgagee, Mortgagor shall furnish to Mortgagee reasonable evidence of the payment of the Impositions prior to the date that such Impositions would become delinquent and receipts for the payment of the Impositions prior to the date the same shall become delinquent or as soon thereafter as available. After prior written notice to Mortgagee, Mortgagor, at its own expense, may contest by appropriate legal proceeding, promptly initiated and conducted in good faith and with due diligence, the amount or validity or application in whole or in part of any of the Impositions, provided that (i) Mortgagor is not in default under the Note or this Mortgage, (ii) such proceedings shall suspend the collection of the Impositions from Mortgagor and from the Mortgaged Property, (iii) such proceeding shall be permitted under and be conducted in accordance with the provisions of any other instrument to which Mortgagor is subject and shall not constitute a default thereunder, (iv) neither the Mortgaged Property nor any part thereof or interest therein will be in danger of being sold, forfeited, terminated, cancelled or lost, (v) Mortgagor shall have set aside adequate reserves for the payment of the Impositions, together with all interest and penalties thereon, and (vi) Mortgagor shall have furnished such security as may be required in the proceeding, or as may be requested by Mortgagee to insure the payment of...
Payment of Impositions, etc. Subject to Section 1.8 --------------------------- ----------- (relating to permitted contests), the Mortgagor will pay or cause to be paid within 30 days after the same become a lien, but in any event before the same would become delinquent and before any fine, penalty, interest or cost may be added for non-payment, all taxes, assessments, water and sewer rates, charges, license fees, inspection fees and other governmental levies or payments, of every kind and nature whatsoever, general and special, ordinary and extraordinary, unforeseen as well as foreseen, which at any time may be assessed, levied, confirmed, imposed or which may become a lien upon the Collateral, or any portion thereof, or which are payable with respect thereto, or upon the rents, issues, income or profits thereof, or on the occupancy, operation, use, possession or activities thereof, whether any or all of the same be levied directly or indirectly or as excise taxes or as income taxes, and all taxes, assessments or charges which may be levied on the Secured Obligations, or the interest thereon (collectively, the "Impositions"). The Mortgagor will deliver to the Mortgagee, upon request, ----------- copies of official receipts or other satisfactory proof evidencing such payments. Notwithstanding the foregoing provisions of this Section 1.5, the ----------- Mortgagee agrees that if the Mortgagor (through inadvertence), fails to make payment of any Imposition which is in a de minimis amount (which shall be an -- ------- amount less than or equal to $5,000), then the Mortgagee shall not declare an Event of Default as a result of such failure, provided (i) within five (5) days after the Mortgagor receives notice of such unpaid Imposition, the Mortgagor makes payment thereof and (ii) the Collateral is not, in the Mortgagee's judgment, in any danger of being subjected to judicial proceedings, sold, lost, forfeited or interfered with.
Payment of Impositions, etc. The Company will and will cause each Subsidiary to promptly pay or cause to be paid all Impositions before the same become delinquent, except where contested in good faith, by proper proceedings pursuant to which collection from the Company of such Imposition is suspended, if adequate reserves therefor have been established on the books of the Company or such Subsidiary, as the case may be, in accordance with and to the extent required by GAAP, and where non-payment will not have, individually or in the aggregate, a Material Adverse Effect.
Payment of Impositions, etc. Mortgagor also agrees that it will pay or cause to be paid before the same would become delinquent and before any fine, penalty, interest or cost may be added for non-payment, all taxes, assessments, charges, and other governmental levies or payments, of every kind and nature whatsoever, general and special, ordinary and extraordinary, unforeseen as well as foreseen, which at any time may be assessed, levied, confirmed, imposed or which may become a lien upon the Mortgaged Property, or any portion thereof, or which are payable with respect thereto, or upon the rents, issues, income or profits thereof, or on the occupancy, operation, use, possession or activities thereof, whether any or all of the same be levied directly or indirectly or as excise taxes or as income taxes (collectively, the "Impositions").
Payment of Impositions, etc. Subject to the provisions of Article 12 relating to permitted contests, the Mortgagor will pay, or cause to be paid, before any fine, penalty, interest or cost may be added for such nonpayment, all real estate taxes, assessments, fees, taxes on rents or rentals, and other governmental charges that may be levied or assessed against the Properties or the Mortgagor with respect to the Properties or rents therefrom or which become liens upon the Properties (collectively, "Impositions"). The Mortgagor shall not be required to pay any income, excess profits or revenue tax, excise tax or inheritance tax, gift tax, franchise tax, corporation tax, capital levy, estate succession or other similar tax or charge that may be payable by or chargeable to the Mortgagee, any interest, fines, costs, additions to tax or penalties in respect thereof, unless such tax is imposed, levied or assessed in substitution for any Impositions that the Mortgagor is required to pay pursuant to this Article 9 as set forth in Article 45 hereof.
Payment of Impositions, etc. Subject to Section 1.8 (relating to permitted contests), the Grantor will pay or cause to be paid before the same would become delinquent and before any fine, penalty, interest or cost may be added for non-payment, all taxes, assessments, water and sewer rates, charges, license fees, inspection fees and other governmental levies or payments, of every kind and
Payment of Impositions, etc. Subject to the provisions of Article 12 relating to permitted contests, the Beneficiary will pay, or cause to be paid, before any fine, penalty, interest or cost may be added for such nonpayment, all real estate taxes, assessments, fees, taxes on rents or rentals, and other governmental charges that may be levied or assessed against the Property or any part thereof or the Mortgagor or the Beneficiary with respect to the Property or any part thereof or rents therefrom or which become liens upon the Property or any part thereof (collectively, "Impositions"). Except as provided in Article 45 hereof, the Beneficiary shall not be required to pay any income, excess profits or revenue tax, excise tax or inheritance tax, gift tax, franchise tax, corporation tax, capital levy, estate succession or other similar tax or charge that may be payable by or chargeable to the Mortgagee, or any interest, fines, costs, additions to tax or penalties in respect thereof, provided Beneficiary shall pay any such tax which is imposed, levied or assessed in substitution for any Impositions.
Payment of Impositions, etc. 20 9. COMPLIANCE WITH LEGAL AND INSURANCE REQUIREMENTS, INSTRUMENTS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 10. LIENS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 11.
Payment of Impositions, etc. Subject to the provisions of Article 11 relating to permitted contests, the Mortgagor will pay, or cause to be paid, before any fine, penalty, interest or cost may be added for such nonpayment, all real estate taxes, assessments, fees, taxes on rents or rentals, and other governmental charges that may be levied or assessed against the Property or the Mortgagor with respect to the Property or rents therefrom or which become liens upon the Property (collectively, "Impositions"). The Mortgagor shall provide the Mortgagee evidence of the payment of such Impositions one Business Day prior to their due dates. The Mortgagor shall not be required to pay any income, excess profits or revenue tax, excise tax or inheritance tax, gift tax, franchise tax, corporation tax, capital levy, estate succession or other similar tax or charge that may be payable by or chargeable to the Mortgagee, any interest, fines, costs, additions to tax or penalties in respect thereof, unless such tax is imposed, levied or assessed in substitution for any Impositions that the Mortgagor is required to pay pursuant to this Article 8 as set forth in Article 43 hereof.
