Common use of Litigation and Taxes Clause in Contracts

Litigation and Taxes. There is no litigation, demand, charge, claim, petition or governmental investigation or proceeding pending, or to Borrower’s knowledge threatened, against either Borrower that could reasonably be likely to have a Material Adverse Effect. Borrowers have duly filed all applicable income or other tax returns and have paid all income or other taxes when due. There is no controversy or objection pending, threatened in respect of any tax returns of each Borrower.

Litigation and Taxes. There is no litigation, demand, charge, claim, petition or governmental investigation or proceeding pending, or to Borrower’s knowledge threatened, against either the Borrower, which, if adversely determined, would result in any material adverse change in the financial condition or properties, business or operations of the Borrower. The Borrower that could reasonably be likely to have a Material Adverse Effect. Borrowers have has duly filed all applicable income or other tax returns on a timely basis and have has paid all income or other taxes when due. There is no controversy or objection pending, or threatened in respect of any tax returns of each the Borrower.

Litigation and Taxes. There is no litigation, demand, charge, claim, petition or governmental investigation or proceeding pending, or to Borrower’s knowledge or, threatened, against either the Borrower, which, if adversely determined, would result in any material adverse change in the financial condition or properties, business or operations of the Borrower. The Borrower that could reasonably be likely to have a Material Adverse Effect. Borrowers have has duly filed all applicable income or other tax returns and have has paid all income or other taxes when due. There is no controversy or objection pending, or, threatened in respect of any tax returns of each the Borrower.

Litigation and Taxes. There is no litigation, demand, charge, claim, petition litigation or governmental investigation or proceeding pending, or to Borrower’s knowledge threatened, against either the Borrower, which, if adversely determined, would result in any material adverse change in the financial condition or properties, business or operations of the Borrower. The Borrower that could reasonably be likely to have a Material Adverse Effect. Borrowers have has duly filed all applicable income or other tax returns and have has paid all income or other taxes when due. There is no controversy or objection pending, or threatened in respect of any tax returns of each the Borrower.

Litigation and Taxes. There is no litigation, demand, charge, claim, petition or governmental investigation or proceeding pending, or to Borrower’s knowledge threatened, against either the Borrower, which, if adversely determined, would result in any material adverse change in the financial condition or properties, business or operations of the Borrower. The Borrower that could reasonably be likely to have a Material Adverse Effect. Borrowers have has duly filed all applicable income or other tax returns and have has paid all income or other taxes when due. There is no controversy or objection pending, or threatened in respect of any tax returns of each the Borrower.

Litigation and Taxes. There is no litigation, demand, charge, claim, petition or governmental investigation or proceeding pendingpending or, or to the best knowledge of Borrower’s knowledge threatened, threatened against either Borrower that could reasonably be likely to have Borrower, which, if adversely determined, would result in a Material Adverse Effect. Borrowers have Borrower has duly filed all applicable income or other tax returns and have has paid all income or other taxes when due. There is no controversy or objection pendingpending or, to the best knowledge of Borrower, threatened in respect of any tax returns of each Borrower.