Common use of Payment of Obligations Clause in Contracts

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including income tax and other material tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay and discharge at or before maturity, all of its obligations, obligations and liabilities (including without limitation all tax liabilities and material contractual obligations, that, if not paid, claims that could reasonably be expected to result in a Material Adverse Effect statutory Lien) before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each of the Borrower and the Holding Company will, and will cause each of its the Borrower’s Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Holding Company, the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries (other than Immaterial Subsidiaries) to, pay its obligations, including tax Tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect obligations before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary (other than Immaterial Subsidiaries) has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax Tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay and discharge at or before maturity, all of its obligations, obligations and liabilities (including without limitation all tax liabilities and material contractual obligations, that, if not paid, all claims that could reasonably be expected to result in a Material Adverse Effect statutory Lien) before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each of Holdings and the Parent Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to would result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) Holdings, the Parent Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its the Material Subsidiaries to, pay its obligationspay, including tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, its Indebtedness and Tax liabilities but excluding Indebtedness (other than the Obligations) that is not in excess of $150,000,000, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Material Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and or (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Administrative Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected likely to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Administrative Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each of Holdings and the Borrower will, and will cause each of its the Subsidiaries to, pay its obligationsTax liabilities, including tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) Holdings, the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP GAAP, (c) such contest effectively suspends the enforcement of any Lien securing such obligation and (cd) the failure to make payment pending such contest could is not reasonably be expected likely to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its the Subsidiaries to, pay its Indebtedness and other obligations, including tax liabilities and material contractual obligationsTax liabilities, thatwhich, if not paidunpaid, could reasonably be expected to result in a Material Adverse Effect material Lien on any of their properties or assets, before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Such Borrower will, and will cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect Effect, before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the such Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax income Tax and other material Tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its the Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect Effect, before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect or become a Lien on any of its property, before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each of the Company and the Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Company, the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP GAAP, and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Covered Subsidiaries to, pay its obligationsobligations (other than Indebtedness), including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, proceedings and (ba) the Borrower or such Covered Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and or (cb) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each Borrower will, and will cause each of its the Material Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsliabilities, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the such Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto to the extent required to do so in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay and discharge at or before maturity, all of its obligations, obligations and liabilities (including all tax liabilities and material contractual obligations, that, if not paid, claims that could reasonably be expected to result in a Material Adverse Effect statutory Lien) before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such the applicable Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsliabilities, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such applicable Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP or IFRS (as appropriate) and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries Subsidiary to, pay and discharge at or before maturity, all of its obligations, obligations and liabilities (including without limitation all tax liabilities and material contractual obligations, that, if not paid, claims that could reasonably be expected to result in a Material Adverse Effect statutory Lien) before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each of the Parent and the Borrower will, and will cause each of its the Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Parent, the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower Intermediate Holdings will, and will cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower Intermediate Holdings or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) to the extent that the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligationsobligations (other than Indebtedness), including tax liabilities and material contractual obligationsliabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay and discharge at or before maturity, all of its obligations, obligations and liabilities (including without limitation all tax liabilities and material contractual obligations, that, if not paid, claims that could reasonably be expected to result in a Material Adverse Effect statutory Lien) before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse EffectEffect or would result in a Permitted Encumbrance.

Payment of Obligations. The Such Borrower will, and will cause each of its the Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect Effect, before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the such Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its the Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect Effect, before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Regulated Subsidiaries to, pay its obligationsobliga­tions, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate appropri­ate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto as necessary in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will ---------------------- cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each Borrower will, and will cause each of its Subsidiaries subsidiaries to, pay its obligations, obligations (including tax Tax liabilities and material contractual obligations, but other than obligations with respect to Indebtedness) that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the such Borrower or such Subsidiary subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Other than contractual obligations relating to Indebtedness, the Borrower will, and will cause each of its Subsidiaries Subsidiary to, pay comply with its contractual obligations, including payment of its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, with respect to which the failure of such compliance could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in defaultEffect, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment comply pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Such Borrower will, and will cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the such Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each of Holdings and the Borrower will, and will cause each of its Subsidiaries and the other Credit Parties to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) Holdings the Borrower or such Subsidiary or Credit Party has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligationsand discharge at or before maturity all taxes, including tax liabilities assessments and material contractual obligationsother governmental charges, that, if not paid, levies and all other claims that could reasonably be expected to result in a Material Adverse Effect statutory Lien) before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each Borrower will, and will cause each of its Subsidiaries subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTaxes, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the failure to pay such amount could not reasonably be expected to result in a Material Adverse Effect or (b) the validity or amount thereof is being contested in good faith by appropriate proceedings, proceedings and (bi) the such Borrower or such Subsidiary subsidiary has set aside on its books adequate reserves with respect thereto or other appropriate provisions, if any, as shall be required in accordance conformity with GAAP and (cii) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each of the Company and the Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Company, the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each Borrower will, and will cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsliabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in defaultdefault beyond the period of grace, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower GEO or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its their respective obligations, including tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries (other than Non-Controlled Joint Venture Entities) to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in have a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in have a Material Adverse Effect.

Payment of Obligations. The Borrower Loan Parties will, and will cause each of its the Material Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsliabilities, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower Loan Parties or such Subsidiary has set aside on its books adequate reserves with respect thereto to the extent required to do so in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with and as required by GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsliabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in defaultdefault beyond the period of grace, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP or SAP or both, as the case may be, and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower willPay, and will cause each of its Material Subsidiaries toto pay, pay its obligationsbefore the same shall become delinquent or in default, including tax liabilities and material contractual obligations, all obligations that, if not paid, could reasonably be expected to result in have a Material Adverse Effect before the same shall become delinquent or in defaultrespect of such Borrower, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the such Borrower or such Material Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in have a Material Adverse EffectEffect in respect of such Borrower.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay and discharge at or before maturity, all of its obligations, including tax liabilities Material Indebtedness and material contractual obligations, that, if not paid, could reasonably be expected to result in a all of its Material Adverse Effect Non-Indebtedness Obligations before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower Borrowers will, and will cause each of its their Subsidiaries to, pay its obligationsand discharge at or before maturity, all of their obligations and liabilities (including without limitation all tax liabilities and material contractual obligations, that, if not paid, claims that could reasonably be expected to result in a Material Adverse Effect statutory Lien) before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower Borrowers or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each Borrower will, and will cause each of its Subsidiaries to, pay and discharge at or before maturity, all of its obligations, obligations and liabilities (including without limitation all tax liabilities and material contractual obligations, that, if not paid, claims that could reasonably be expected to result in a Material Adverse Effect statutory Lien) before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the such Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligations, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Such Borrower will, and will cause each of its the Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect Effect, before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the such Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries and the Parent Guarantors to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (i) (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, proceedings and (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and GAAP, or (cii) the failure to make payment pending such contest could would not reasonably be expected to result in have a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its their obligations, including tax liabilities and material contractual obligationsliabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedingsproceedings and such contest effectively suspends collection of the contested obligation and the enforcement of a Lien securing such obligation, (b) the Borrower or any such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower and the Company will, and will cause each of its their Subsidiaries to, pay its obligations, and liabilities, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Company, the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its the Material Subsidiaries to, pay its obligationspay, including tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, its Indebtedness and tax liabilities but excluding Indebtedness (other than the Obligations) than is not in excess of $75,000,000, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Material Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and or (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its the Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to could, individually or in the aggregate, result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate such reserves with respect thereto in accordance as may be required by with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each of Holdings and the Borrower will, and will cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to would result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) Holdings, the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay and discharge at or before maturity, all of its obligations, obligations and liabilities (including without limitation all tax liabilities and material contractual obligations, that, if not paid, claims that could reasonably be expected to result in a Material Adverse Effect statutory Lien) before the same shall become delinquent or in default, except where (ab) the validity or amount thereof is being contested in good faith by appropriate proceedings, (bc) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (cd) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each other Loan Party and each of its the other Subsidiaries to, pay its respective obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower Borrower, such other Loan Parties or such other Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto to the extent required in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its the Significant Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Significant Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with to the extent required by GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries Subsidiary to, pay its obligationsmaterial obligations (other than with respect to Non-Recourse Indebtedness of Excluded Subsidiaries), including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each Borrower will, and will cause each of its the Material Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the such Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto to the extent required to do so in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligationsobligations (other than those under the Senior Credit Agreement), including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Significant Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest contest, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Material Subsidiaries to, pay its material obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Material Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP or SSAP (as applicable) and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower Company will, and will cause each of its Significant Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower Company, such Subsidiary or such Subsidiary other Borrower has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) (Page 144 of 252 Pages) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause the REIT and each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the REIT, the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will ----------------------------------- cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower willBorrowers shall, and will shall cause each of its the Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected likely to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the such Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP generally accepted accounting principles and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Significant Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its the Subsidiaries and the other Loan Parties to, pay its their obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (ai)(a) the validity or amount thereof is being contested in good faith by appropriate proceedings, proceedings and (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and GAAP, or (cii) the failure to make payment pending such contest could would not reasonably be expected to result in have a Material Adverse Effect.

Payment of Obligations. The Each of Holdings and the Borrower will, and Holdings will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower Holdings or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each Borrower will, and will cause each of its Restricted Subsidiaries to, to pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect Effect, before the same shall become delinquent or in defaultdefault beyond the period of grace, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower GEO or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower Guarantor will, and will cause each of its the Material Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsfor Taxes, that, if not paid, could reasonably be expected to result in a Material Adverse Effect Effect, before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower Guarantor or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP GAAP, and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Parent Borrower will, and will cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Parent Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each of Holdings and the Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsliabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) Holdings, the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its the Material Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto to the extent required to do so in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each of Limited and the ----------------------- Borrower will, and will cause each of its the Restricted Subsidiaries to, pay its material Indebtedness and other material obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) Limited, the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP GAAP, and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, not constituting Indebtedness, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each Borrower will, and will cause each of its Restricted Subsidiaries to, to pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in defaultdefault beyond the period of grace, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower GEO or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Restricted Subsidiaries to, pay its obligationsobliga­tions, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate appropri­ate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower Guarantor will, and will cause each of its the Material Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower Guarantor or such Subsidiary has set aside on its books adequate reserves with respect thereto to the extent required to do so in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its the Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP GAAP, (c) such contest effectively suspends collection of the contested obligation and the enforcement of any Lien securing such obligation and (cd) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Each of Limited and each ---------------------- Borrower will, and will cause each of its Subsidiaries the Restricted Persons to, pay its material Indebtedness and other material obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower Limited, GCHL and GCNA or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP GAAP, and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower willwill pay, and will cause each of its Significant Subsidiaries toto pay, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Significant Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP GAAP, and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including income tax and other material tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.. Revolving Credit Agreement

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries Restricted Subsidiary to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate appropri-ate proceedings, (b) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including income tax and other material tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries the Subsidiary Guarantors to, pay its obligations, including tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary Guarantor has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower and the Guarantors will, and will cause each of its Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower Borrower, the Guarantors, or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could would reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate appropri-ate proceedings, (b) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could would not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its the Subsidiaries to, pay its obligations, other than Indebtedness but including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect Effect, before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will ---------------------- cause each of its Consolidated Subsidiaries to, pay its obligations, including tax liabilities and material contractual obligationsTax liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Consolidated Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay its obligations, including income tax and other material tax liabilities and material contractual obligations, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, , (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.

Payment of Obligations. The Borrower will, and will cause each of its Subsidiaries to, pay and discharge at or before maturity, all of its obligations, material obligations and liabilities (including without limitation all tax liabilities and material contractual obligations, that, if not paid, claims that could reasonably be expected to result in a Material Adverse Effect statutory Lien) before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect.