Common use of Payment of Obligations Clause in Contracts

Payment of Obligations. Pay and discharge, as the same shall become due and payable (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01).

Payment of Obligations. Pay and discharge, as the same shall become due and payable (a) payable, all tax liabilitiesits applicable federal, assessments state and local material taxes, assessments, fees and other governmental charges or levies upon it or its properties properties, income or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Borrower.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its obligations and liabilities, including all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrowers or any Restricted Subsidiary unless such Subsidiary and (b) all lawful claims whichliabilities, if unpaidindividually or in the aggregate, would by law become could not reasonably be expected to have a Lien upon its property (other than Liens permitted under Section 8.01)Material Adverse Effect.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its obligations and liabilities, including all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by Holdings or any Restricted Subsidiary unless such liabilities, individually or in the Loan Party or such Subsidiary and (b) all lawful claims whichaggregate, if unpaid, would by law become could not reasonably be expected to have a Lien upon its property (other than Liens permitted under Section 8.01)Material Adverse Effect.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, all its material obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01a Permitted Lien).

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all tax liabilities, assessments its material obligations and governmental charges or levies upon it or its properties or assetsliabilities which if not paid could reasonably be expected to have a Material Adverse Effect, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Company or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (property; other than the Liens permitted under Section 8.01)7.01.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its material obligations and liabilities, including (ai) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party such Note Obligor or such Subsidiary Subsidiary; and (bii) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)a Permitted Lien) upon its property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its obligations and liabilities, including all federal, state and other material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) all tax U.S. Federal and all other material Tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Company or such Subsidiary Subsidiary; and (b) all lawful material claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, as the same shall become due and payable (a) all federal and material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) all federal, state and other material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens that is not permitted under Section 8.01)hereby.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its obligations and liabilities, including all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless (i) the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by or (ii) the Loan Party or failure to pay any such Subsidiary obligations and (b) all lawful claims which, if unpaid, liabilities would by law become not reasonably be expected to have a Lien upon its property (other than Liens permitted under Section 8.01)Material Adverse Effect.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary and it; (b) all lawful claims which, if unpaid, would by law Law become a Lien upon its property property; and (other than Liens permitted under Section 8.01)c) all Indebtedness, as and when due and payable.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Company or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, (a) all its federal and state income and other material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary Subsidiary, and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01Permitted Liens).

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its obligations and liabilities including all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless (i) the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and or (bii) all lawful claims which, if unpaid, would by law become the failure to so pay or discharge could not in the aggregate be reasonably be expected to have a Lien upon its property (other than Liens permitted under Section 8.01)Material Adverse Effect.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, (a) all national, federal and state income and other material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan applicable Note Party or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01Permitted Liens).

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its material obligations and liabilities, including all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all of its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary and Borrower; (b) all lawful claims which, if unpaid, would by law become a Lien upon its property property; and (other than Liens permitted under Section 8.01)c) all Indebtedness, as and when due and payable.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary each Reliant Retail Obligor; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)that is not a Permitted Lien.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)that is not a Permitted Lien.

Payment of Obligations. Pay The Borrower will pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary Borrower; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, (a) all tax liabilities, assessments its federal and governmental charges or levies state income and other material Taxes upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary Subsidiary, and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01Permitted Liens).

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, all its obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party applicable Borrower or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)a Permitted Lien) upon its property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all tax its material obligations and liabilities, assessments and governmental charges or levies including all lawful material claims which, if unpaid, would by law become a Lien upon it or its properties or assets, Property unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves to the extent required in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and dischargePay, discharge or otherwise satisfy as the same shall become due and payable (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Material Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon any material portion of its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) prior to any penalty or interest accruing thereon, all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (giving effect to any available extension), all its material obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)a Permitted Lien) upon its property.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax Tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party US Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon a material portion of its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Parent or such Subsidiary Restricted Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)a Permitted Lien) upon its property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Holdings or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the such Loan Party or such Subsidiary Party; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)a Permitted Lien) upon its property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01).Subsidiary..

Payment of Obligations. Pay and dischargePay, discharge or otherwise satisfy as the same shall become due and payable (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrowers or such Subsidiary other Loan Party; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) all tax Federal income, state income and other material Tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Company or such Subsidiary Subsidiary; and (b) all lawful material claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, all its material obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the such Loan Party or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a material Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party US Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon a material portion of its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless unless, the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary Borrower and its Subsidiaries and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary any Company, and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the applicable Loan Party or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Restricted Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its material obligations and liabilities, including all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assetsProperties, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Restricted Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all tax its material obligations and liabilities, assessments and governmental charges or levies including all lawful material claims which, if unpaid, would by law become a Lien upon it or its properties or assets, Property unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves to the extent required in accordance with GAAP are being maintained by the Loan Party such Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) all federal, state and other material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the such Loan Party or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01any Permitted Lien).

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all of its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary and it, (b) all lawful claims which, if unpaid, would by law become a Lien upon its property and (other than Liens permitted under Section 8.01)c) all Indebtedness, as and when due and payable.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, all its material obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)a Permitted Lien) upon its property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its obligations and liabilities, including all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Restricted Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (ai) all federal and other material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets; and (ii) all lawful claims which, if unpaid, would by law become a Lien upon its property, unless in each case the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its material obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens not permitted under Section 8.01)hereunder.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)that is not a Permitted Lien.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its Federal and state tax liabilities and all other material tax liabilities, assessments fees assessments, governmental charges, levies or other material obligations and governmental charges or levies liabilities upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the such Loan Party or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all tax its material Tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Restricted Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (giving effect to any available extension), all its material obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrowers or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)a Permitted Lien) upon its property.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (property, other than Liens permitted under by Section 8.01).

Payment of Obligations. Pay and discharge, discharge as or before the same shall become due and payable payable, all its (ai) all federal and other material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (bii) all lawful other claims which, and Indebtedness if unpaid, nonpayment thereof would by law become reasonably be expected to have a Lien upon its property (other than Liens permitted under Section 8.01)Material Adverse Effect.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party GGC or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (property, other than Liens permitted under Section 8.01)Permitted Liens.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary each Sleeve Obligor; and (b) all lawful claims which, if unpaid, would by law become could reasonably be expected to result in a Lien upon its property (other than Liens permitted under Section 8.01)Material Adverse Effect.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable all its material obligations and liabilities, including (a) all tax material Tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Subsidiary; and (b) all lawful material claims which, if unpaid, would by law become a Lien upon any of its property (other than Liens a Lien that is permitted under by Section 8.017.01).

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Restricted Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (ai) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary applicable Group Member and (bii) all lawful claims whichother obligations and liabilities, if unpaid, would by law become except to the extent that nonpayment of such obligations and liabilities could not reasonably be expected to have a Lien upon its property (other than Liens permitted under Section 8.01)Material Adverse Effect.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its obligations and liabilities, including all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and Subsidiary, (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under a Lien that is not prohibited by Section 8.017.01).

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its material obligations and liabilities, including all federal, state and other material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, discharge as or before the same shall become due and payable payable, all its (ai) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Domestic Borrower or such Subsidiary and (bii) all lawful other claims which, and Indebtedness if unpaid, nonpayment thereof would by law become reasonably be expected to have a Lien upon its property (other than Liens permitted under Section 8.01)Material Adverse Effect.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)that would not be a Permitted Lien.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary Borrower; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)a Permitted Lien) upon its property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless unless, the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary Borrower and its Subsidiaries and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01Permitted Liens).

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its obligations and liabilities, including all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party B&N or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) all tax liabilitiesits federal, assessments state, and governmental charges or levies other material Taxes imposed upon it or its properties or assetsassets (including in its capacity as withholding agent), unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary each Reliant Retail Obligor; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)that is not a Permitted Lien.

Payment of Obligations. Pay and discharge, as the same shall become due and payable (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Company or such Subsidiary and Subsidiary; (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01).Lien

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, all its obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, as the same shall become due and payable (asubject to any applicable grace periods) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assetsassets and all material lawful claims which, if unpaid, would by law become a Lien upon its property, unless (in each case) the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves reserves, if any, in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and dischargePay, discharge or otherwise satisfy as the same shall become due and payable payable, all their obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies taxes levied upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary any of its Subsidiaries; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01).Restricted Subsidiary; and

Payment of Obligations. Pay and dischargePay, discharge or otherwise satisfy as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01).such

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Parent and the Loan Party Parties or such Subsidiary and Subsidiary; (b) all lawful claims which, if unpaid, would by law become a Lien upon its property property; and (other than Liens permitted under Section 8.01)c) all Indebtedness, as and when due and payable.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Company or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)with respect thereto.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its material obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)a Permitted Lien) upon its property.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, all its material obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Company or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)a Permitted Lien) upon its property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (ai) all tax Tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and Restricted Subsidiary; (bii) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01).a

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its obligations and liabilities, including all tax liabilities, assessments and governmental other charges or levies which, if unpaid, would by law become a Lien upon it or its properties or assets, property unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Loan Party.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Parent or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)the applicable Subsidiary.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assetsassets and all lawful claims which, if unpaid, would by law become a Lien upon its property unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrowers or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01).and

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Company or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01).Subsidiary

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Company or such Subsidiary and Subsidiary; (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01).Law

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, all its material obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrowers or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a material Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01).being

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all its obligations and liabilities, including all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by Holdings or any Restricted Subsidiary unless such liabilities, individually or in the Loan Party or such Subsidiary and (b) all lawful claims which, if unpaidaggregate, would by law become not reasonably be expected to have a Lien upon its property (other than Liens permitted under Section 8.01)Material Adverse Effect.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Holdings or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrowers or such Subsidiary Subsidiary; and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable payable, all its obligations and liabilities, including (a) all tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party U.S. Borrower or such Subsidiary and Subsidiary; (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01).property; and

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all tax liabilitiesits material obligations and liabilities in respect of taxes, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrower or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.

Payment of Obligations. Pay and discharge, as the same shall become due and payable payable, all its obligations and liabilities, including (a) all material tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)property.

Payment of Obligations. Pay and discharge, discharge as the same shall become due and payable (a) payable, all tax liabilitiesits material obligations and liabilities in respect of taxes, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Loan Party Borrowers or such Subsidiary and (b) all lawful claims which, if unpaid, would by law become a Lien upon its property (other than Liens permitted under Section 8.01)Subsidiary.