Common use of Real Property Tax Clause in Contracts

Real Property Tax. All real property taxes including supplemental or other taxes, if any, governmental assets, insurance premiums, water, sewer and municipal charges, condominium charges and assessments, leasehold payments or ground rents which previously became due and owing will have been paid by the Sellers prior to any penalty or interest accruing or proceeding commencing with respect thereto.

Appears in 1 contract

Sources: Master Repurchase Agreement (American Home Mortgage Investment Corp)

Real Property Tax. All To the best of each Seller’s knowledge, all real property taxes including supplemental or other taxes, if any, governmental assets, insurance premiums, water, sewer and municipal charges, condominium charges and assessments, leasehold payments or ground rents which previously became due and owing will have been paid by the Sellers Seller prior to any penalty or interest accruing or proceeding commencing with respect thereto.

Appears in 1 contract

Sources: Master Repurchase Agreement (Fieldstone Investment Corp)