Payment of Taxes; Liens. Pay and discharge, before the same become ----------------------- delinquent, (i) all taxes, assessments and governmental charges or levies imposed upon Borrower or upon its property, and (ii) all lawful claims which, if unpaid, might by law become a lien upon its property, except any thereof which is being contested in good faith and by appropriate proceedings.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Koala Corp /Co/), Revolving Credit Agreement (Koala Corp /Co/), Revolving Credit Agreement (Koala Corp /Co/)
Payment of Taxes; Liens. Pay and discharge, before the same become ----------------------- delinquent,
, (i) all taxes, assessments and governmental charges or levies imposed upon Borrower or upon its property, and (ii) all lawful claims which, if unpaid, might by law become a lien upon its property, except any thereof which is being contested in good faith and by appropriate proceedings.
Appears in 2 contracts
Samples: Unsecured Revolving Credit Agreement (Granite Financial Inc), Revolving Credit Agreement (Sport Haley Inc)
Payment of Taxes; Liens. Pay and discharge, before the same become ----------------------- delinquent,
, (i) all taxes, assessments and governmental charges or levies imposed upon Borrower or upon its owned property, and (ii) all lawful claims which, if unpaid, might by law become a lien upon its owned property, except any thereof which is being contested in good faith and by appropriate proceedings.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Qualmark Corp)
Payment of Taxes; Liens. Pay and discharge, before the same become ----------------------- delinquent,
: (ia) all taxes, assessments and governmental charges or levies imposed upon Borrower or upon its on his property, and (iib) all lawful claims which, if unpaid, might by law become a lien upon its on his property, except any thereof which is being contested in good faith and by appropriate proceedings.
Appears in 1 contract
Samples: Credit Agreement (Considine Terry)
Payment of Taxes; Liens. Pay and discharge, before the same become ----------------------- delinquent,
: (ia) all taxes, assessments and governmental charges or levies imposed upon such Borrower or upon on its property, and (iib) all lawful claims which, if unpaid, might by law become a lien upon on its property, except any thereof which is being contested in good faith and by appropriate proceedings.
Appears in 1 contract
Samples: Credit Agreement (Considine Terry)
Payment of Taxes; Liens. Pay and discharge, before the same become ----------------------- delinquent,
: (ia) all taxes, assessments and governmental charges or levies imposed upon Borrower or upon on its property, and (iib) all lawful claims which, if unpaid, might by law become a lien upon on its property, except any thereof which is being contested in good faith and by appropriate proceedings.
Appears in 1 contract
