Payment of Taxes, Assessments and Other Charges. Borrower confirms that: (1) it has filed all federal, state, county and municipal tax returns and reports required to have been filed by Borrower; (2) it has paid all taxes, governmental charges and assessments due and payable with respect to such returns and reports; (3) there is no controversy or objection pending, or to the knowledge of Borrower, threatened in respect of any tax returns of Borrower; and (4) it has made adequate reserves on its books and records for all taxes that have accrued but which are not yet due and payable.
Appears in 4 contracts
Samples: Multifamily Loan and Security Agreement (Independence Realty Trust, Inc), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.), Multifamily Loan and Security Agreement (Steadfast Income REIT, Inc.)
