Payment of Taxes; Claims. Debtor shall pay promptly when due all property and other taxes, assessments and governmental charges or levies imposed upon, and all claims (including claims for labor, materials and supplies) against, the Pledged Collateral.
Appears in 3 contracts
Samples: Security Agreement (Locateplus Holdings Corp), Security Agreement (Denovo Corp /Cn/), Security Agreement (Princeton Media Group Inc)
Payment of Taxes; Claims. Debtor shall pay promptly when due all property and other taxes, assessments and governmental charges or levies (other than those the Company is contesting in good faith and with respect to which it has made sufficient reserves on its financial statements) imposed upon, and all claims (including claims for labor, materials and supplies) against, the Pledged Collateral.
Appears in 1 contract
Samples: Collateral Pledge and Security Agreement (Mandalay Media, Inc.)
