Common use of Taxes and Charges; Governmental Rules Clause in Contracts

Taxes and Charges; Governmental Rules. Each Member shall (a) promptly pay all applicable taxes and other governmental charge imposed on or against such Member, except to the extent (i) the failure to promptly pay such taxes or other governmental charges will not have a material adverse effect on the Company or its assets or (ii) any such taxes or other governmental charges are being contested in good faith by appropriate proceedings, and (b) comply with all applicable governmental rules, except to the extent that such noncompliance will not have a material adverse effect on the Company.

Appears in 3 contracts

Samples: Contribution Agreement (E Sync Networks Inc), Operating Agreement (Cotelligent Inc), Operating Agreement (Cotelligent Inc)

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Taxes and Charges; Governmental Rules. Each Member shall (a) promptly pay all applicable taxes and other governmental charge imposed on or against such Member, except to the extent (i) the failure to promptly pay such taxes or other governmental charges will not have a material adverse effect on the Company or its assets or (ii) any such taxes or other governmental charges are being contested in good faith by appropriate proceedings, and (b) comply with all applicable governmental rules, except to the extent that such noncompliance will not have a material adverse effect on the Company.and

Appears in 2 contracts

Samples: Operating Agreement (Rentech Inc /Co/), Operating Agreement (E Sync Networks Inc)

Taxes and Charges; Governmental Rules. Each Member and the Company shall (a) promptly pay all applicable taxes Taxes and other governmental charge charges imposed on or against such Member, Member and the Company except to the extent (i) the failure to promptly pay any such taxes Taxes or other governmental charges will not have a material adverse effect on the Company or its assets or (ii) any such taxes or other governmental charges are being contested in good faith by appropriate proceedings, proceedings and (b) comply with all applicable governmental rulesGovernmental Rules, in each case except to the extent that such nonpayment or noncompliance will not have a material adverse effect on the Company.

Appears in 2 contracts

Samples: Operating Agreement (Western Digital Corp), Operating Agreement (Sandisk Corp)

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Taxes and Charges; Governmental Rules. Each Member shall (a) promptly pay all applicable taxes Taxes and other governmental charge imposed on or against such Member, charges except to the extent (i) the failure to promptly pay any such taxes Taxes or other governmental charges will not have a material adverse effect on the Company or its assets or (ii) any such taxes or other governmental charges are being contested in good faith by appropriate proceedings, proceedings and (b) comply with all applicable governmental rulesGovernmental Rules, except to the extent that such nonpayment or noncompliance will not have a material adverse effect on the Company.

Appears in 1 contract

Samples: Report Title (Sandisk Corp)

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