Common use of Taxes and Liabilities Clause in Contracts

Taxes and Liabilities. Promptly pay, and cause each Subsidiary to pay, when due all Taxes, duties, assessments and other liabilities, except such Taxes, duties, assessments and other liabilities as the Loan Parties are diligently contesting in good faith and by appropriate proceedings; provided that any such contest is permitted by and is conducted strictly in accordance with the terms and conditions of the Collateral Documents and that the applicable Loan Party or applicable Subsidiary has provided for and is maintaining adequate reserves with respect thereto in accordance with the Accounting Principles.

Taxes and Liabilities. Promptly pay, and cause each Subsidiary to pay, when due all Taxestaxes, duties, assessments and other liabilities, except such Taxestaxes, duties, assessments and other liabilities as the Loan Parties are Borrower is diligently contesting in good faith and by appropriate proceedingsproceedings or where the failure to pay would not have a Material Adverse Effect; provided that any the Borrower or such contest is permitted by and is conducted strictly in accordance with the terms and conditions of the Collateral Documents and that the applicable Loan Party or applicable Subsidiary has provided for and is maintaining adequate reserves with respect thereto in accordance with the Accounting PrinciplesGAAP.

Taxes and Liabilities. Promptly pay, and cause each Subsidiary to pay, when due all Taxes, duties, assessments and other liabilities, except such Taxes, duties, assessments and other liabilities as the Loan Parties are diligently contesting in good faith and by appropriate proceedings; provided that any such contest is permitted by and is conducted strictly in accordance with the terms and conditions of the Collateral Documents and that the applicable Loan Party or applicable Subsidiary has provided for and is maintaining adequate reserves with respect thereto in accordance with the Accounting PrinciplesIFRS.

Taxes and Liabilities. Promptly pay, and cause each Subsidiary to pay, when due all Taxestaxes, duties, assessments and other liabilities, except such Taxestaxes, duties, assessments and other liabilities as the Loan Parties are Borrower is diligently contesting in good faith and by appropriate proceedings; provided that any such contest is permitted by and is conducted strictly in accordance with the terms and conditions of the Collateral Documents and that the applicable Loan Party Borrower or applicable such Subsidiary has provided for and is maintaining adequate reserves with respect thereto in accordance with the Accounting PrinciplesGAAP.