Common use of Perform Obligations Clause in Contracts

Perform Obligations. Pay and discharge all of the obligations and liabilities of the Borrower or any Subsidiary, including, without limitation, all taxes, assessments and governmental charges upon its income and properties when due, unless and to the extent only that such obligations, liabilities, taxes, assessments and governmental charges shall be contested in good faith and by appropriate proceedings and that, to the extent required by GAAP, proper and adequate book reserves relating thereto are established by the Borrower or any Subsidiary, and then only to the extent that a bond is filed in cases where the filing of a bond is necessary to avoid the creation of a Lien against any of its properties.

Perform Obligations. Pay and discharge all of the its material obligations and liabilities of the Borrower or any Subsidiaryliabilities, including, without limitation, all taxes, assessments and governmental charges upon its income and properties when due, unless and to the extent only that such obligations, liabilities, taxes, assessments and governmental charges shall be contested in good faith and by appropriate proceedings and that, to the extent required by GAAPGAAP then in effect, proper and adequate book reserves relating thereto are established by the Borrower or any Borrowers, or, as the case may be, by the appropriate Subsidiary, and then only to the extent that a bond is filed in cases where the filing of a bond is necessary to avoid the creation of a Lien against any of its properties.

Perform Obligations. Pay and discharge all of the obligations and liabilities of the Borrower any Loan Party or any Subsidiary, including, without limitation, all taxes, assessments and governmental charges upon its income and properties when due, unless and to the extent only that such obligations, liabilities, taxes, assessments and governmental charges shall be contested in good faith and by appropriate proceedings and that, to the extent required by GAAP, proper and adequate book reserves relating thereto are established by the Borrower any Loan Party or any Subsidiary, and then only to the extent that a bond is filed in cases where the filing of a bond is necessary to avoid the creation of a Lien against any of its properties.

Perform Obligations. Pay and discharge all of the its obligations and liabilities of the Borrower or any Subsidiaryliabilities, including, without limitation, all taxes, assessments and governmental charges upon its income and properties properties, when due, unless and to the extent only that (a) the failure so to do would not have a Material Adverse Effect, or (b) such obligations, liabilities, taxes, assessments and governmental charges shall be contested in good faith and by appropriate proceedings and that, to the extent required by GAAP, proper and adequate book reserves relating thereto are established by the Borrower or any Subsidiaryit, and then only to the extent that a bond is filed in cases where the filing of a bond is necessary to avoid the creation of a Lien against any of its propertiesProperties.

Perform Obligations. (a) Pay and discharge all of the its obligations and liabilities of the Borrower or any Subsidiaryliabilities, including, without limitation, all taxes, assessments and governmental charges upon its income and properties properties, when due, unless and to the extent only that such obligations, liabilities, taxes, assessments and governmental charges shall be contested in good faith and by appropriate proceedings and that, to the extent required by GAAPgenerally accepted accounting principles then in effect, proper and adequate book reserves relating thereto are established by the Borrower or any SubsidiaryBorrowers, and then only to the extent that a bond is filed in cases where the filing of a bond is necessary to avoid the creation of a Lien against any of its properties. (b) Perform all its obligations under each of the Contracts.

Perform Obligations. Pay and discharge all of the obligations and liabilities of the Borrower or any Subsidiaryeach Borrower, including, without limitation, all taxes, assessments and governmental charges upon its income and properties when due, unless and to the extent only that such obligations, liabilities, taxes, assessments and governmental charges shall be contested in good faith and by appropriate proceedings and that, to the extent required by GAAPgenerally accepted accounting principles then in effect, proper and adequate book reserves relating thereto are established by the Borrower or any Subsidiarysuch Borrower, and then only to the extent that a bond is filed in cases where the filing of a bond is necessary to avoid the creation of a Lien against any of its properties.