Common use of Taxes and Liabilities Clause in Contracts

Taxes and Liabilities. (a) Pay, and cause each of its Subsidiaries to pay, when due all Taxes 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 forfeiture of any part of the Collateral will not result from the failure to pay any such Taxes or other material liabilities during the period of any such contest;

Appears in 3 contracts

Samples: Credit Agreement (Delphi Financial Group Inc/De), Credit Agreement (Delphi Financial Group Inc/De), Credit Agreement (Delphi Financial Group Inc/De)

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Taxes and Liabilities. (a) Pay, and cause each of its Subsidiaries to pay, when due all of their respective Taxes 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 forfeiture of any part of the Collateral will not result from the failure to pay any such Taxes or other material liabilities during the period of any such contest;GAAP; and

Appears in 2 contracts

Samples: Credit Agreement (Conseco Inc), Credit Agreement (Conseco Inc Et Al)

Taxes and Liabilities. (a) Pay, and cause each of its Subsidiaries to pay, when due all Taxes material taxes, assessments and other material liabilities, 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 Taxes taxes, assessments or other material liabilities during the period of any such contest;.

Appears in 1 contract

Samples: Secured Credit Agreement (Steri Oss Inc)

Taxes and Liabilities. (a) Pay, and cause each of its --------------------- Subsidiaries to pay, when due all Taxes 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 if, and so long as as, forfeiture of any part of the Collateral will not result from the failure to pay any such Taxes or other material liabilities during the period of any such contest;.

Appears in 1 contract

Samples: Credit Agreement (Career Education Corp)

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Taxes and Liabilities. (a) Pay, and cause each of its Subsidiaries to pay, when due all Taxes 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 if, and so long as as, forfeiture of any part of the Collateral will not result from the failure to pay any such Taxes or other material liabilities during the period of any such contest;.

Appears in 1 contract

Samples: Credit Agreement (Career Education Corp)

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