Liens and Taxes. Borrower has duly filed, paid and/or discharged all taxes or other claims that may become a lien on any of its property or assets, except to the extent that such items are being appropriately contested in good faith and an adequate reserve for the payment thereof is being maintained.
Appears in 3 contracts
Samples: Loan and Security Agreement (Asia Special Situation Acquisition Corp), Loan Agreement (Bio Imaging Technologies Inc), Loan Agreement (SFBC International Inc)
Liens and Taxes. Borrower has duly filed, paid and/or discharged when due and owing all taxes or other claims that may become a lien on any of its property or assets, except to the extent that such items are being appropriately contested in good faith and an adequate reserve for the payment thereof is being maintained.
Appears in 1 contract
