Taxes and Encumbrances Sample Clauses

Taxes and Encumbrances. Hardball shall pay promptly when due any and all personal property taxes imposed on its personal property located in the Venue. To the extent any work is done at the request of and for the sole benefit of Hardball and for which a supplier or contractor has lien rights arising from nonpayment, Hardball further covenants that it will not permit any mechanics liens or similar encumbrance to exist against the Venue or any property therein and shall, within thirty (30) days of any such lien or encumbrance being asserted against the Venue or any property therein as a result of action or inaction by Hardball, either cause the same to be released of record, or obtain title or other insurance coverage satisfactory to the City over such lien and proceed diligently to contest the same in good faith.

Taxes and Encumbrances. There are no Encumbrances resulting from Taxes or otherwise on any of the rights or other assets to be transferred from Maiden Insurance to Enstar pursuant to any Transaction Agreement.

Taxes and Encumbrances. Lessee shall keep the Equipment free and clear of all levies, liens and encumbrances of any kind and shall promptly notify Lessor of any attachment or other judicial process which affects or which may affect the Equipment. Lessor is responsible for all license fees, registration fees, assessments, charges, taxes and encumbrances (municipal, provincial, territorial and federal) which may be imposed in relation to the license and use of the Equipment, including, without limitation, all sales, withholding, value-added and/or goods and services taxes.

Taxes and Encumbrances. Club shall list Club's furnishings, fixtures, equipment and other personal property located on the Premises for purposes of personal property taxation, and shall promptly pay when due any and all personal property taxes imposed or assessed on the same. Club and the City shall not permit any mechanics' liens or other encumbrances or liens to exist against the Premises or the leasehold interest of Club. Club or the City, as applicable, within thirty (30) days of any such lien or encumbrance being asserted against the Premises or the leasehold interest of Club, shall either cause the same to be released of record or obtain title insurance coverage satisfactory to the other in the respect to such lien or encumbrance and proceed diligently to contest the same in good faith.

Taxes and Encumbrances. There is no unpaid property tax, levy or assessment against the Real Property (except for Liens relating to Taxes not yet due and payable), nor is there pending or threatened any condemnation Proceeding against the Real Property or any portion thereof. No part of any Improvements on the Real Property encroaches upon any property adjacent thereto or upon any easement, nor is there any encroachment or overlap upon the Real Property known to Seller.

Taxes and Encumbrances. Turstor shall pay (a) at least twenty (20) days before delinquency, all general and special taxes and assessments now or hereafter affecting the Property; (b) when due, all special assessments for public improvements without permitting any improvements bond to issue for any special assessment; (c) on demand of Beneficiary, all encumbrances, charges and liens on the Property, or any part thereof, which are, or may be, prior or superior hereto when due; and (d) when due, all fees and charges incidental to ownership, occupancy or beneficial use of the Property. Should Trustor fail to make any payment under this paragraph 3, Beneficiary may, but shall not be ______ obligated to, make such payment and any amount so paid shall be ______rged to and promptly paid by Trustor or, at the option of Beneficiary, shall be added to the indebtedness secured hereby, without regard to the validity or legality of such assessments, liens or charges.

Taxes and Encumbrances. The Borrower shall promptly pay and discharge or cause to be paid and discharged all its obligations and liabilities, including (without limitation) all taxes, assessments and governmental charges upon it and its income or properties, when due unless and to the extent only that the same shall be contested in good faith and by appropriate proceedings and then only to the extent that a bond is filed in cases where the filing of a bond is necessary to avoid the creation of a lien against any of the Collateral or any of its other assets. Other than Permitted Liens, the Borrower Rev. 6/7/99 covenants and agrees to keep the Collateral free and clear of all levies, liens, claims, security interests and encumbrances (including, without limitation, any lease or sublease thereof) and to promptly pay all charges, taxes and fees which may now or hereafter be imposed upon the ownership, sale, purchase, possession or use of the Collateral. In addition, the Borrower shall timely file all tax returns required in connection with the use, operation or possession of the Collateral, and shall upon written request promptly furnish copies thereof to the Lender.

Taxes and Encumbrances. Subject to the terms of the Loan Agreement, Grantor shall pay promptly when due all taxes, assessments, liens or encumbrances, governmental or private, levied upon the Collateral or for its use or operations or under this Agreement or any note evidencing the obligation; and, at its option, the Collateral Agents or the Lender may discharge such encumbrances at any time levied or placed upon the Collateral and may pay for the maintenance and preservation of the Collateral, and Grantor agrees to reimburse Lender on demand for any such payment made or expense incurred, all of which shall be included in the Secured Obligation. As long as any liability to Lender is outstanding, Grantor shall not, without the prior written consent of either the Collateral Agents or the Lender, borrow from anyone except Lender or: (a) Permit any liens or security interest (other than Permitted Liens) to attach to any of the Collateral; (b) Permit any of the Collateral to be levied upon under any legal process; (c) Except as permitted under the Securities Purchase Agreement or Loan and in the ordinary course of business, dispose of any of the Collateral without the prior written consent of Lender; (d) Permit anything to be done that may impair the value of any of the Collateral of the security intended to be afforded by this Agreement; or (e) Permit Collateral constituting personal property, to be a fixture or to become an accession to other goods.

Taxes and Encumbrances. BallCorps shall pay promptly when due any taxes due to the City that are the responsibility of BallCorps to collect and/or pay. To the extent any work is done at the request of and for the sole benefit of BallCorps and for which a supplier or contractor has lien rights arising from nonpayment, BallCorps further covenants that it will not permit any mechanics liens or similar encumbrance to exist against the Venue or any property therein and shall, within thirty (30) days of any such lien or encumbrance being asserted against the Venue or any property therein as a result of action or inaction by BallCorps, either cause the same to be released of record, or obtain title or other insurance coverage satisfactory to the City over such lien and proceed diligently to contest the same in good faith.