Common use of Payment of Tax Liabilities Clause in Contracts

Payment of Tax Liabilities. Each Obligor will, and will cause each Subsidiary to, pay its Tax liabilities before the same shall become delinquent or in default, except where such Tax liabilities are being Properly Contested.

Appears in 5 contracts

Samples: Term Loan and Security Agreement (DXP Enterprises Inc), Term Loan and Security Agreement (DXP Enterprises Inc), Term Loan and Security Agreement (DXP Enterprises Inc)

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Payment of Tax Liabilities. Each Obligor Borrower will, and will cause each Restricted Subsidiary to, pay its Tax liabilities before the same shall become delinquent or in default, except where such Tax liabilities are being Properly Contested.

Appears in 4 contracts

Samples: Loan Agreement (Key Energy Services Inc), Loan Agreement (Key Energy Services Inc), Loan and Security Agreement (Key Energy Services Inc)

Payment of Tax Liabilities. Each Obligor will, and will cause each Subsidiary to, pay its material Tax liabilities before the same shall become delinquent or in default, except where such Tax liabilities are being Properly Contested.

Appears in 1 contract

Samples: Loan and Security Agreement (DXP Enterprises Inc)

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Payment of Tax Liabilities. Each Obligor will, and will cause each Subsidiary to, pay its material Tax liabilities before the same shall become delinquent or in default, except where such Tax liabilities are being Properly Contested.. 110 US-DOCS\123034949.14

Appears in 1 contract

Samples: Loan and Security Agreement (DXP Enterprises Inc)

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