Common use of Payment of Taxes and Other Charges Clause in Contracts

Payment of Taxes and Other Charges. The Company shall pay or cause to be paid as they become due and payable all taxes, assessments and other governmental charges lawfully levied or assessed or imposed upon the Company or its property or any part thereof or upon any income therefrom; provided, however, that the Company shall not be required to pay and discharge or cause to be paid and discharged any such tax, assessment or governmental charge to the extent that the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings and the Company shall have established and shall maintain adequate reserves on its books for the payment of the same.

Payment of Taxes and Other Charges. The Company Corporation shall pay or cause to be paid as they become due and payable all taxes, assessments and other governmental charges lawfully levied or assessed or imposed upon the Company Corporation or its property or any part thereof or upon any income therefrom; provided, however, that the Company Corporation shall not be required to pay and discharge or cause to be paid and discharged any such tax, assessment or governmental charge to the extent that the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings and the Company Corporation shall have established and shall maintain adequate reserves on its books for the payment of the same.

Payment of Taxes and Other Charges. The Company Corporation shall pay or cause to be paid as they become due and payable all taxes, assessments and other governmental charges lawfully levied or assessed or imposed upon the Company Corporation or its property the Project or any part thereof or upon any income therefrom; provided, however, that the Company Corporation shall not be required to pay and discharge or cause to be paid and discharged any such tax, assessment or governmental charge to the extent that the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings and the Company Corporation shall have established and shall maintain adequate reserves on its books for the payment of the same.

Payment of Taxes and Other Charges. The Company Corporation shall pay or cause to be paid as they become due and payable all taxes, assessments and other governmental charges lawfully levied or assessed or imposed upon the Company Corporation or its property Property or any part thereof or upon any income therefrom; provided, however, that the Company Corporation shall not be required to pay and discharge or cause to be paid and discharged any such tax, assessment or governmental charge to the extent that the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings and the Company Corporation shall have established and shall maintain adequate reserves on its books for the payment of the same.

Payment of Taxes and Other Charges. The Company shall pay or cause to be paid as they become due and payable all taxes, assessments and other governmental charges lawfully levied or assessed or imposed upon the Company or its property or any part thereof or upon any income therefrom; provided, however, that the Company shall not be required to pay and discharge or cause to be paid and discharged any such tax, assessment or governmental charge to the extent that the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings and and, if requested, the Company shall have established and shall maintain adequate reserves on its books for the payment of the same.