Common use of Taxes and Claims Clause in Contracts

Taxes and Claims. Debtor will pay promptly when due all property and other taxes, assessments and governmental charges or levies imposed upon, and all claims against, the Collateral (including claims for labor, materials and supplies), except to the extent the validity thereof is being contested in good faith.

Appears in 21 contracts

Samples: Security Agreement (Xa, Inc.), Security Agreement (Manhattan Pharmaceuticals Inc), Security Agreement (BAXL Holdings, Inc.)

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Taxes and Claims. Debtor will pay promptly when due all property and ----------------- other taxes, assessments and governmental charges or levies imposed upon, and all claims against, the Collateral (including claims for labor, materials and supplies), except to the extent the validity thereof is being contested in good faith.

Appears in 3 contracts

Samples: Security Agreement (Xa, Inc.), Security Agreement (Xa, Inc.), Security Agreement (Xa, Inc.)

Taxes and Claims. Debtor Borrower will pay promptly when due all property and other taxes, assessments and governmental charges or levies imposed upon, and all claims against, the Collateral (including claims for labor, materials and supplies), except to the extent the validity thereof is being contested in good faith.

Appears in 2 contracts

Samples: Security Agreement (Protection One Alarm Monitoring Inc), Security Agreement (Dove Entertainment Inc)

Taxes and Claims. Debtor Borrower will pay promptly when due all property ---------------- and other taxes, assessments and governmental charges or levies imposed upon, and all claims against, the Collateral (including claims for labor, materials and supplies), except to the extent the validity or amount thereof is being contested in good faith.

Appears in 1 contract

Samples: Security Agreement (MCG Capital Corp)

Taxes and Claims. Each Debtor will pay promptly when due all property ---------------- and other taxes, assessments and governmental charges or levies imposed upon, and all claims against, the Collateral (including claims for labor, materials and supplies), except to the extent the validity thereof is being contested in good faith.

Appears in 1 contract

Samples: Security Agreement (Opinion Research Corp)

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Taxes and Claims. Debtor Each Borrower will pay promptly when due all ---------------- property and other taxes, assessments and governmental charges or levies imposed upon, and all claims against, the Collateral (including claims for labor, materials and supplies), except to the extent the validity thereof is being contested in good faith.

Appears in 1 contract

Samples: Security Agreement (Opinion Research Corp)

Taxes and Claims. Such Debtor will pay promptly when due all property and other taxes, assessments and governmental charges or levies imposed upon, and all claims against, the Collateral (including claims for labor, materials and supplies), except to the extent the validity thereof is being contested in good faithfaith and in any event for which no Encumbrance has attached to any Collateral.

Appears in 1 contract

Samples: Security Agreement (Wakefield Cable Communications LTD)

Taxes and Claims. Debtor Borrower will pay promptly when due all material property and other taxes, assessments and governmental charges or levies imposed upon, and all claims against, the Collateral (including claims for labor, materials and supplies), except to the extent the validity thereof is being contested in good faith.

Appears in 1 contract

Samples: Security Agreement (Cherokee International Finance Inc)

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