Common use of Tax Returns and Taxes Clause in Contracts

Tax Returns and Taxes. Each Obligor has filed all material Tax returns and Tax reports required by law to have been filed by it and has paid all Taxes thereby shown to be owing, except any such Taxes which are being diligently contested in good faith by appropriate proceedings and for which adequate reserves in accordance with generally accepted accounting principles shall have been set aside on its books.

Tax Returns and Taxes. Each Obligor has filed all material Tax returns and Tax reports required by law to have been filed by it and has paid all Taxes thereby shown to be owing, except (i) any such Taxes which are being diligently contested in good faith by appropriate proceedings and for which adequate reserves in accordance with generally accepted accounting principles GAAP shall have been set aside on its booksbooks or (ii) where the failure to so file or pay could not reasonably be expected to have a Material Adverse Effect.

Tax Returns and Taxes. Each Obligor and each Specified Entity has filed all income and other material Tax returns and Tax reports required by law to have been filed by it and has paid all Taxes thereby shown to be owing and all Taxes upon its respective properties and assets which are owing, except any such Taxes which are being diligently contested in good faith by appropriate proceedings and for which adequate reserves in accordance with generally accepted accounting principles shall have been set aside on its books.

Tax Returns and Taxes. Each Obligor has filed all material Tax returns and Tax reports required by law Applicable Law to have been filed by it it, such Tax returns and reports are correct and complete, and each Obligor has paid all Taxes thereby shown to be owing, except any such Taxes which are being diligently contested in good faith by appropriate proceedings and for which adequate reserves in accordance with generally accepted accounting principles shall have been set aside on its books.

Tax Returns and Taxes. Each Obligor has filed all material Tax tax returns and Tax tax reports required by law to have been filed by it and has paid all Taxes taxes and governmental charges thereby shown to be owing, except any such Taxes taxes or charges which are being diligently contested in good faith by appropriate proceedings and for which adequate reserves in accordance with generally accepted accounting principles shall have been set aside on its books.