Common use of 6Taxes Clause in Contracts

6Taxes. Pay and discharge all Taxes prior to the date on which they become delinquent or penalties attach, unless (a) such Taxes are being Properly Contested or (b) such Taxes do not exceed $2,000,000 in the aggregate at any time.

Appears in 3 contracts

Samples: Loan, Security and Guaranty Agreement (Helix Energy Solutions Group Inc), Loan, Security and Guaranty Agreement (Helix Energy Solutions Group Inc), Loan, Security and Guaranty Agreement (Helix Energy Solutions Group Inc)

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6Taxes. Pay and discharge all Taxes prior to the date on which they become delinquent or penalties attach, unless (a) such Taxes are being Properly Contested or (b) such Taxes do not exceed $2,000,000 in the aggregate at any timeContested.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mynd.ai, Inc.), Loan and Security Agreement (Adara Acquisition Corp.)

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