Common use of Payment of Tax Obligations Clause in Contracts

Payment of Tax Obligations. The Borrower will, and will cause each of its Restricted Subsidiaries to, pay or discharge all material Taxes, 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 and (b) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP or (ii) the failure to make payment would not reasonably be expected to result in a Material Adverse Effect.

Payment of Tax Obligations. The Borrower will, and will cause each of its Restricted Subsidiaries to, pay or discharge all material Taxes, before the same shall become delinquent or in default, except where (ia) (ai) the validity or amount thereof is being contested in good faith by appropriate proceedings and (bii) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP or (iib) the failure to make payment would not reasonably be expected to result in a Material Adverse Effect.

Payment of Tax Obligations. The Borrower will, and will cause each of its Restricted Subsidiaries to, pay or discharge all material Taxesits Tax obligations that, if not paid promptly, would 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 and (b) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP or (ii) the failure to make payment would not reasonably be expected to result in a Material Adverse EffectGAAP.

Payment of Tax Obligations. The Borrower will, and will cause each of its Restricted Subsidiaries to, pay or discharge all its material Taxes, Tax liabilities before the same shall become delinquent or in default, except where (i) (aA) the validity or amount thereof is being contested in good faith by appropriate proceedings proceedings, and (bB) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP or (ii) the failure to make payment would could not reasonably be expected to result in a Material Adverse EffectChange.

Payment of Tax Obligations. The Borrower Each Obligor will, and will cause each of its Restricted Subsidiaries to, pay or discharge all material Taxes, its Taxes before the same shall become delinquent or in default, except where (ia) (a) the i)the validity or amount thereof is being contested in good faith by appropriate proceedings and (bii) the Borrower such Obligor or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP or (iib) the failure to make payment would nonpayment of such Taxes could not reasonably be expected to result in a Material Adverse Effect.

Payment of Tax Obligations. The Each Borrower will, and will cause each of its Restricted Subsidiaries to, pay or discharge all material Taxes, 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 such Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP or (ii) the failure to make payment would not reasonably be expected to result in a Material Adverse Effect.