Taxes and Liabilities. Pay, and cause each Subsidiary to pay, when due all material taxes, assessments and other material liabilities except as contested in good faith and by appropriate proceedings with respect to which reserves have been established, and are being maintained, in accordance with GAAP if and so long as such contest could not reasonably be expected to have a Material Adverse Effect.
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Samples: Credit Agreement (Max Capital Group Ltd.), Letter of Credit Reimbursement Agreement (Max Re Capital LTD), Credit Agreement (Max Re Capital LTD)
Taxes and Liabilities. Pay, and cause each Subsidiary to pay, when due due, all material taxes, assessments and other material liabilities except as contested in good faith and by appropriate proceedings proceedings, with respect to which reserves have been established, and are being maintained, in accordance with GAAP Generally Accepted Accounting Principles, if and so long as such contest could not reasonably be expected to have a Material Adverse EffectEffect on any Borrower Affiliate.
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Taxes and Liabilities. Pay, and shall cause each Subsidiary to pay, when due all material taxes, assessments and other material liabilities except as contested in good faith and by appropriate proceedings with respect to which adequate reserves have been established, and are being maintained, in accordance with GAAP if and so long as forfeiture of any part of the Collateral will not result from the failure to pay any such contest could not reasonably be expected to have a Material Adverse Effecttaxes, assessments or other material liabilities during the period of any such contest.
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Samples: Secured Credit Agreement (Gibraltar Packaging Group Inc)
Taxes and Liabilities. Pay, and cause each Subsidiary to pay, ---------------------- when due all material taxes, assessments and other material liabilities except as contested in good faith and by appropriate proceedings with respect to which reserves have been established, and are being maintained, in accordance with GAAP if and so long as such contest could not reasonably be expected to have a Material Adverse Effect.
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Samples: Credit Reimbursement Agreement (Max Re Capital LTD)
Taxes and Liabilities. Pay, and cause each --------------------- Subsidiary to pay, when due all material taxes, assessments and other material liabilities except as contested in good faith and by appropriate proceedings with respect to which reserves have been established, and are being maintained, in accordance with GAAP if and so long as such contest contest, in the aggregate, could not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Max Re Capital LTD
Taxes and Liabilities. Pay, and cause each Subsidiary to pay, when due all material taxes, assessments and other material liabilities except as contested in good faith and by appropriate proceedings with respect to which adequate reserves have been established, and are being maintained, in accordance with GAAP if and so long as forfeiture of any part of the Collateral will not result from the failure to pay any such contest could not reasonably be expected to have a Material Adverse Effecttaxes, assessments or other material liabilities during the period of any such contest.
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Taxes and Liabilities. Pay, and cause each Subsidiary to --------------------- pay, when due all material taxes, assessments and other material liabilities except as contested in good faith and by appropriate proceedings with respect to which reserves have been established, and are being maintained, in accordance with GAAP if and so long as such contest could not reasonably be expected to have a Material Adverse Effect.
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