Common use of Tax, Assessments and Governmental Charges Clause in Contracts

Tax, Assessments and Governmental Charges. pay and discharge all taxes, assessments and governmental charges or levies imposed on it or on its income or profits or any of its property prior to the date on which penalties attach thereto, except that the Customer shall not be required hereby to pay any such tax, assessment, charge or levy the payment of which is being contested in good faith and by proper proceedings;

Tax, Assessments and Governmental Charges. pay and discharge all taxes, assessments and governmental charges or levies imposed on it or on its income or profits or any of its property prior to the date on which penalties attach thereto, except that the Customer Company shall not be required hereby to pay any such tax, assessment, charge or levy the payment of which is being contested in good faith and by proper proceedings;