Common use of Compliance with Laws; Taxes Clause in Contracts

Compliance with Laws; Taxes. The Company shall, and shall cause each of its Subsidiaries to, comply with all statutes, laws, ordinances, or government rules and regulations to which it is subject, noncompliance with which would materially adversely affect the business, earnings, properties, assets or financial condition of the Company and its Subsidiaries taken as a whole. The Company shall, and shall cause each of its Subsidiaries to, pay prior to delinquency all taxes, assessments, and governmental levies except as contested in good faith and by appropriate proceedings.

Appears in 4 contracts

Samples: Indenture (Computer Sciences Corp), Indenture (Computer Sciences Corp), Indenture (Computer Sciences Corp)

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Compliance with Laws; Taxes. The Company shall, and shall cause each of its Subsidiaries to, comply with all statutes, laws, ordinances, ordinances or government rules and regulations to which it is subject, noncompliance with which would materially adversely affect the business, prospects, earnings, properties, assets or condition, financial condition or otherwise, of the Company and its Subsidiaries taken as a whole. The Company shall, and shall cause each of its Subsidiaries to, pay prior to before delinquency all material taxes, assessments, and governmental levies except as contested in good faith and by appropriate proceedings.

Appears in 1 contract

Samples: Indenture (Key Energy Group Inc)

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Compliance with Laws; Taxes. The Company shall, and shall cause each of its Subsidiaries to, comply with all statutes, laws, ordinances, or government rules and regulations to which it is subject, noncompliance the non-compliance with which would materially adversely affect the business, earnings, properties, assets or financial condition of the Company and its Subsidiaries taken as a whole. The Company shall, and shall cause each of its Subsidiaries to, pay prior to delinquency all taxes, assessments, and governmental levies except as contested in good faith and by appropriate proceedings.would

Appears in 1 contract

Samples: Indenture (Chancellor Media Corp of Los Angeles)

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