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

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

Appears in 3 contracts

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

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Taxes and Charges; Governmental Rules. Each Member and the Company shall (a) promptly pay all applicable Taxes taxes and other governmental charges charge imposed on or against such Member and the Company 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 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 nonpayment or such noncompliance will not have a material adverse effect on the Company.

Appears in 3 contracts

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

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

Appears in 2 contracts

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

Taxes and Charges; Governmental Rules. Each Member and the Company shall (a) promptly pay all applicable Taxes taxes and other governmental charges charge imposed on or against such Member and the Company 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 taxes or other governmental charges are being contested in good faith by appropriate proceedings and (b) comply with all applicable Governmental Rulesproceedings, in each case except to the extent that nonpayment or 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)

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

Appears in 1 contract

Samples: Operating Agreement (Sandisk Corp)

Taxes and Charges; Governmental Rules. Each Member and the Company shall (a) promptly pay all applicable Taxes and other governmental charges imposed against such Member and the Company except to the extent any such Taxes or other charges are being contested in good faith by appropriate proceedings and (b) comply with all applicable Governmental 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 1 contract

Samples: Operating Agreement (Sandisk Corp)

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