Discharge Taxes and Indebtedness. The Borrower will pay and discharge, as they become due, all taxes, assessments, debts, claims and other governmental or non-governmental charges lawfully imposed upon or incurred by it or the properties and assets of the Borrower, except taxes, assessments, debts, claims and charges contested in good faith in appropriate proceedings for which the Borrower shall have set aside adequate reserves for the payment of such tax, assessment, debt, claim or charge. The Borrower shall provide the Lender, upon the Lender’s request, evidence of payment of such taxes, assessments, debts, claims and charges satisfactory to the Lender.
Appears in 4 contracts
Samples: Loan Agreement (Emerald Dairy Inc), Loan Agreement (Emerald Dairy Inc), Loan Agreement (Emerald Dairy Inc)
Discharge Taxes and Indebtedness. The Borrower will pay and discharge, as they become due, all taxes, assessments, debts, claims and other governmental or non-governmental charges lawfully imposed upon or incurred by it or the properties and assets of the Borrower, except taxes, assessments, debts, claims and charges contested in good faith in appropriate proceedings for which the Borrower shall have set aside adequate reserves for the payment of such tax, assessment, debt, claim or charge. The Borrower shall provide the Lender, upon the Lender’s 's request, evidence of payment of such taxes, assessments, debts, claims and charges satisfactory to the Lender.
Appears in 3 contracts
Samples: Loan Agreement (Freedom Environmental Services, Inc.), Loan Agreement (Vsus Technologies Inc), Loan Agreement (Premier Classic Art Inc)
Discharge Taxes and Indebtedness. The Borrower will pay and discharge, as they become due, all taxes, assessments, debts, claims and other governmental or non-governmental charges lawfully imposed upon or incurred by it or the properties and assets of the Borrower, except taxes, assessments, debts, claims and charges contested in good faith in appropriate proceedings for which the Borrower shall have set aside adequate reserves for the payment of such tax, assessment, debt, claim or charge. The Borrower shall provide the LenderLenders, upon the Lender’s Lenders’ request, evidence of payment of such taxes, assessments, debts, claims and charges satisfactory to the LenderLenders.
Appears in 2 contracts
Samples: Loan Agreement (Goldspring Inc), Loan Agreement (Goldspring Inc)
Discharge Taxes and Indebtedness. The Borrower will pay and discharge, as they become due, all taxes, assessments, debts, claims and other governmental or non-governmental charges lawfully imposed upon or incurred by it or the properties and assets of the Borrower, except taxes, assessments, debts, claims and charges contested in good faith in appropriate proceedings for which the Borrower shall have set aside adequate reserves for the payment of such tax, assessment, debt, claim or charge. The Borrower shall provide the Lender, upon the Lender’s 's request, evidence of payment of such taxes, assessments, debts, claims and charges satisfactory to the Lender.. 104
Appears in 1 contract
Samples: Loan Agreement (Freedom Environmental Services, Inc.)
Discharge Taxes and Indebtedness. The Borrower will pay and discharge, as they become due, all taxes, assessments, debts, claims and other governmental or non-governmental charges lawfully imposed upon or incurred by it or the properties and assets of the Borrower, except taxes, assessments, debts, claims and charges contested in good faith in appropriate proceedings for which the Borrower shall have set aside adequate reserves for the payment of such tax, assessment, debt, claim or charge. The Borrower shall provide the each Lender, upon the Lender’s 's request, evidence of payment of such taxes, assessments, debts, claims and charges satisfactory to the Lender.
Appears in 1 contract
Discharge Taxes and Indebtedness. The Borrower will pay and discharge, as they become due, all taxes, assessments, debts, claims and other governmental or non-governmental nongovernmental charges lawfully imposed upon or incurred by it or the properties and assets of the Borrower, except taxes, assessments, debts, claims and charges contested in good faith in appropriate proceedings for which the Borrower shall have set aside adequate reserves for the payment of such tax, assessment, debt, claim or charge. The Borrower shall provide the Lender, upon the Lender’s 's request, evidence of payment of such taxes, assessments, debts, claims and charges satisfactory to the Lender.
Appears in 1 contract
Samples: Loan Agreement (Freedom Environmental Services, Inc.)