Tax Returns and Taxes. Each Company has filed all tax returns and tax reports required by law to have been filed by it and has paid all taxes and governmental charges thereby shown to be owing, except any such 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.
Appears in 5 contracts
Samples: Credit Agreement (Vitran Corp Inc), Credit Agreement (Novagold Resources Inc), Credit Agreement (Kinam Gold Inc)
Tax Returns and Taxes. Each Company has filed all tax material Tax returns and tax Tax reports required by law to have been filed by it and has paid all taxes and governmental charges Taxes thereby shown to be owing, except any such taxes or charges 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.
Appears in 3 contracts
Samples: Credit Agreement (Sandstorm Gold LTD), Credit Agreement (Sandstorm Gold LTD), Credit Agreement (Kinross Gold Corp)
Tax Returns and Taxes. Each Company Obligor has filed all tax returns and tax reports required by law to have been filed by it and has paid all taxes and governmental charges thereby shown to be owing, except any such 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 Generally Accepted Accounting Principles shall have been set aside on its books.
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