Common use of Payment of Taxes and Compliance with Governmental Regulations Clause in Contracts

Payment of Taxes and Compliance with Governmental Regulations. The District will pay and discharge all taxes, assessments and other governmental charges, if any, which may hereafter be lawfully imposed upon the District, the Wastewater System or any part thereof or upon the revenues of the District when the same shall become due. The District will duly observe and conform with all valid regulations and requirements of any governmental authority relative to the operation of the District and the Wastewater System or any part thereof, but the District shall not be required to comply with any regulations or requirements so long as the validity or application thereof shall be contested in good faith.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement

AutoNDA by SimpleDocs

Payment of Taxes and Compliance with Governmental Regulations. The District will pay and discharge all taxes, assessments and other governmental charges, if any, which may hereafter be lawfully imposed upon the District, the Wastewater System Enterprise or any part thereof or upon the revenues of the District Net Revenues when the same shall become due. The District will duly observe and conform with all valid regulations and requirements of any governmental authority Governmental Authority relative to the operation of the District and the Wastewater System Enterprise or any part thereof, but the District shall not be required to make such payments, or to comply with any regulations or requirements requirements, so long as the payment or validity or application thereof shall be contested in good faith.

Appears in 1 contract

Samples: Installment Purchase Contract

Payment of Taxes and Compliance with Governmental Regulations. The District will pay and discharge all taxes, assessments and other governmental charges, if any, charges which may hereafter be lawfully imposed upon the DistrictSystem, the Wastewater System or any part thereof or upon the revenues of Revenues or amounts on deposit in the District Revenue Fund, the Acquisition Fund, the Rate Stabilization Fund or the WIFIA Debt Service Account when the same shall become due. The District will duly observe and conform with all valid regulations and requirements of any governmental authority relative to the operation of the District and the Wastewater System System, or any part thereof, but the District shall not be required to comply with any regulations or requirements so long as the validity or application thereof shall be contested in good faith.

Appears in 1 contract

Samples: Installment Purchase Agreement

Payment of Taxes and Compliance with Governmental Regulations. The District will pay and discharge all taxes, assessments and other governmental charges, if any, which may hereafter be lawfully imposed upon the District, the Wastewater System Enterprise or any part thereof or upon the revenues of the District Net Revenues when the same shall become due. The due and the District will duly observe and conform with all valid regulations and requirements of any governmental authority relative to the operation of the District and the Wastewater System Enterprise or any part thereof. However, but the District shall not be required to make such payments, or to comply with any regulations or requirements requirements, so long as the payment or validity or application thereof shall be contested in good faith.

Appears in 1 contract

Samples: Installment Purchase Contract

AutoNDA by SimpleDocs

Payment of Taxes and Compliance with Governmental Regulations. The District will pay and discharge all taxes, assessments and other governmental charges, if any, charges which may hereafter be lawfully imposed upon the District, the Wastewater Solid Waste System or any part thereof or upon the revenues of the District when the same shall become due. The District will duly observe and conform with all valid regulations and requirements of any governmental authority relative to the operation of the District Solid Waste System, including all environmental regulations and the Wastewater System requirements, or any part thereof, but the District shall not be required to comply with any regulations or requirements so long as the validity or application thereof shall be contested in good faith.

Appears in 1 contract

Samples: Improvement Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.