Payment of Taxes, Etc. The Borrower shall, and shall cause each Subsidiary of the Borrower to, pay and discharge before the same shall become delinquent, all lawful governmental claims, taxes, assessments, charges and levies, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 12 contracts
Samples: Credit Agreement (Knology Inc), Credit Agreement (Knology Inc), Credit Agreement (Knology Inc)
Payment of Taxes, Etc. The Borrower shall, and shall cause each Subsidiary of the Borrower its Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful governmental claims, taxes, assessments, charges and levies, except where (a) contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Borrower or the appropriate Subsidiary in conformity with GAAPGAAP or (b) the failure to so pay and discharge would not, in the aggregate, reasonably be expected to have a Material Adverse Effect.
Appears in 7 contracts
Samples: Credit Agreement (Babcock & Wilcox Co), Credit Agreement (Babcock & Wilcox Co), Credit Agreement (Babcock & Wilcox Co)
Payment of Taxes, Etc. The Borrower shall, and shall cause each Subsidiary of the Borrower to, pay and discharge before the same shall become delinquent, all material lawful governmental claims, taxes, assessments, charges and levies, except where (i) contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Borrower or the appropriate Subsidiary in conformity with GAAPGAAP or (ii) the failure to make a payment would not have a Material Adverse Effect.
Appears in 6 contracts
Samples: Credit Agreement (Amc Entertainment Holdings, Inc.), Credit Agreement (Amc Entertainment Holdings, Inc.), Credit Agreement (Amc Entertainment Inc)
Payment of Taxes, Etc. The Borrower shall, and shall cause each Subsidiary of the Borrower its Material Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful governmental claims, taxes, assessments, charges and levieslevies of a Governmental Authority, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 4 contracts
Samples: Subordinated Credit Agreement (National Steel Corp), Subordinated Credit Agreement (National Steel Corp), Credit Agreement (National Steel Corp)
Payment of Taxes, Etc. The Borrower shall, and shall cause each Subsidiary of the Borrower its Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful material governmental claims, taxes, assessments, charges and levies, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 4 contracts
Samples: Credit Agreement (Technical Olympic Usa Inc), Credit Agreement (Technical Olympic Usa Inc), Credit Agreement (Technical Olympic Usa Inc)
Payment of Taxes, Etc. The Administrative Borrower shall, and shall cause each Subsidiary of the Borrower its Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful material governmental claims, taxes, assessments, charges and levies, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Administrative Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 3 contracts
Samples: Term Loan Credit Agreement (Tousa Inc), Amendment Agreement (Tousa Inc), Second Lien Term Loan Credit Agreement (Tousa Inc)
Payment of Taxes, Etc. The Borrower and Holdings shall, and shall cause each Subsidiary of the Borrower their respective Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful governmental claims, taxes, assessments, charges and levies, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Borrower Borrower, Holdings or the appropriate Subsidiary in conformity with GAAP.
Appears in 2 contracts
Samples: Credit Agreement (Hli Operating Co Inc), Credit Agreement (Hayes Lemmerz International Inc)
Payment of Taxes, Etc. The Borrower Each of the Company and the Borrowers shall, and shall cause each Subsidiary of the Borrower its Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful governmental claims, taxes, assessments, charges and levies, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the such Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 1 contract
Samples: Credit Agreement (Suntek Corp)
Payment of Taxes, Etc. The Borrower shall, and shall cause each Subsidiary of the Borrower to, pay and discharge before the same shall become delinquent, all lawful governmental claims, taxes, assessments, charges and levies, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Borrower or the appropriate Subsidiary to the extent required by and in conformity with GAAP.
Appears in 1 contract
Samples: Credit Agreement (Datapath Inc)
Payment of Taxes, Etc. The Holdings and each Borrower shall, and shall cause each Subsidiary of the Borrower its respective Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful governmental claims, taxes, assessments, charges and levies, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Holdings, such Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 1 contract
Payment of Taxes, Etc. The Administrative Borrower shall, and shall cause each Subsidiary of the Borrower its Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful material governmental claims, taxes, assessments, charges and levies, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Administrative Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 1 contract
Payment of Taxes, Etc. The Borrower shall, and shall cause each Subsidiary of the Borrower to, pay and discharge before the same shall become delinquent, all lawful governmental claims, taxes, assessments, charges and leviesMaterial Governmental Claims, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 1 contract
Payment of Taxes, Etc. The Borrower shall, and shall cause each Subsidiary of the Borrower its Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful and material governmental claims, taxes, assessments, charges and levies, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 1 contract
Payment of Taxes, Etc. The Borrower shall, and shall cause each Subsidiary of the Borrower its Material Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful governmental claims, taxes, assessments, charges and levieslevies of a Governmental Authority arising after the Petition Date or ordered to be paid by the Bankruptcy Court, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 1 contract
Payment of Taxes, Etc. The Holdings and the Borrower shall, and shall cause each Subsidiary of the Borrower its respective Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful governmental claims, taxes, assessments, charges and levies, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of Holdings, the Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 1 contract
Payment of Taxes, Etc. The Borrower shall, and shall cause each Subsidiary of the Borrower its Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful governmental claims, taxes, assessments, charges and levieslevies arising after the Petition Date or, with the consent of the Administrative Agent, ordered to be paid by the Bankruptcy Court, except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 1 contract
Payment of Taxes, Etc. The Borrower shall, and shall cause each Subsidiary of the Borrower its Subsidiaries to, pay and discharge before the same shall become delinquent, all lawful governmental claims, taxes, assessments, charges and levies, Credit Agreement FMC Corporation except where contested in good faith, by proper proceedings and adequate reserves therefor have been established on the books of the Borrower or the appropriate Subsidiary in conformity with GAAP.
Appears in 1 contract
Samples: Credit Agreement (FMC Corp)