Common use of Taxes and Filing of Tax Returns Clause in Contracts

Taxes and Filing of Tax Returns. Each Credit Party has filed all material tax returns required to have been filed and has paid all Taxes shown to be due and payable on such returns, including interest and penalties, and all other Taxes which are payable by such party, to the extent the same have become due and payable other than Taxes with respect to which a failure to pay would not reasonably be expected to have a Material Adverse Effect. Borrower does not know of any proposed material Tax assessment against any Credit Party, and each Credit Party maintains adequate reserves in accordance with GAAP with respect to all of its Tax liabilities of and those of its predecessors. Except as disclosed in writing to Banks, no Tax liability of any Credit Party, or any of their predecessors, has been asserted by the Internal Revenue Service for Taxes, in excess of those already paid.

Taxes and Filing of Tax Returns. Each Credit Party has filed all material tax returns required to have been filed and has paid all material Taxes shown to be due and payable on such returns, including interest and penalties, returns and all other material Taxes which are payable by such party, to the extent the same have become due and payable other than Taxes with respect to which a failure to pay would not reasonably be expected to have a Material Adverse Effectpayable. Borrower does not know knows of any no proposed material Tax assessment against any Credit Party, and each Credit Party maintains adequate reserves in accordance with GAAP with respect to all of its Tax liabilities of and those of its predecessors. Except as disclosed in writing to Banks, no Tax liability of any Credit Party, or any of their predecessors, has been asserted by the Internal Revenue Service for Taxes, in excess of those already paid.

Taxes and Filing of Tax Returns. Each Credit Party has filed all material tax returns required to have been filed and has paid all material Taxes shown to be due and payable on such returns, including interest and penalties, returns and all other material Taxes which are payable by such party, to the extent the same have become due and payable other than Taxes with respect to which a failure to pay would not reasonably be expected to have a Material Adverse Effectpayable. Borrower does not know Xxxxxxxx knows of any no proposed material Tax assessment against any Credit Party, and each Credit Party maintains adequate reserves in accordance with GAAP with respect to all of its Tax liabilities of and those of its predecessors. Except as disclosed in writing to Banks, no Tax liability of any Credit Party, or any of their predecessors, has been asserted by the Internal Revenue Service for Taxes, in excess of those already paid.

Taxes and Filing of Tax Returns. Each Credit Party has filed all material tax returns required to have been filed and has paid all Taxes shown to be due and payable on such returns, including interest and penalties, and all other Taxes which are payable by such party, to the extent the same have become due and payable payable, other than Taxes with respect to which a failure to pay would not reasonably be expected to have a Material Adverse Effect. Neither Parent nor any Borrower does not know knows of any proposed material Tax assessment against any Credit Party, and all Tax liabilities of each Credit Party maintains adequate reserves in accordance with GAAP with respect to all of its Tax liabilities of and those of its predecessorstheir predecessors are adequately provided for. Except as disclosed in writing to Banks, no Tax income tax liability of any Credit Party, or any of their predecessors, predecessors has been asserted by the Internal Revenue Service for Taxes, Taxes in excess of those already paid.

Taxes and Filing of Tax Returns. Each Credit Party has filed all material tax returns required to have been filed and has paid all Taxes shown to be due and payable on such returns, including interest and penalties, and all other Taxes which are payable by such party, to the extent the same have become due and payable payable, other than Taxes with respect to which a failure to pay would not reasonably be expected to have a Material Adverse Effect. Neither Parent nor Borrower does not know knows of any proposed material Tax assessment against any Credit Party, and all Tax liabilities of each Credit Party maintains adequate reserves in accordance with GAAP with respect to all of its Tax liabilities of and those of its predecessorstheir predecessors are adequately provided for. Except as disclosed in writing to Banks, no Tax income tax liability of any Credit Party, or any of their predecessors, predecessors has been asserted by the Internal Revenue Service for Taxes, Taxes in excess of those already paid.