Common use of Taxes and Liabilities Clause in Contracts

Taxes and Liabilities. The Company shall pay when due all material taxes, assessments and other liabilities except as contested in good faith and by appropriate proceedings and for which adequate reserves in conformity with GAAP have been established.

Appears in 16 contracts

Samples: Securities Purchase Agreement (Viking Energy Group, Inc.), Securities Purchase Agreement (Camber Energy, Inc.), Securities Purchase Agreement (Viking Energy Group, Inc.)

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Taxes and Liabilities. The Company shall pay when due all of its material taxes, assessments and other liabilities liabilities, except as contested in good faith and by appropriate proceedings and for which adequate reserves in conformity with GAAP have been established.

Appears in 4 contracts

Samples: Note Purchase Agreement (Pure Bioscience, Inc.), Securities Purchase Agreement (Dyadic International Inc), Note Purchase Agreement (Pure Bioscience, Inc.)

Taxes and Liabilities. The Company shall pay when due all material taxes, assessments and other liabilities except as contested in good faith and by appropriate proceedings and for which adequate reserves in conformity with GAAP have been established.

Appears in 2 contracts

Samples: Intercreditor and Subordination Agreement (Co-Diagnostics, Inc.), Securities Purchase Agreement (Co-Diagnostics, Inc.)

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Taxes and Liabilities. The Company shall pay when due all material taxes, assessments and other liabilities except as contested in good faith and by appropriate proceedings and for which adequate reserves in conformity with GAAP have been establishedestablished and except for taxes presently outstanding for which the Company is attempting to settle.

Appears in 1 contract

Samples: Securities Purchase Agreement (Muscle Maker, Inc.)

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