Taxes and Other Claims. Pay and discharge, and cause each of its Subsidiaries to pay and discharge, before the same shall become delinquent, (a) all tax liabilities, assessments and governmental charges or levies imposed upon it or its properties or assets, and (b) all known lawful claims which, if unpaid, might by law become a Lien upon its property; provided that neither the Borrower nor any of its Subsidiaries shall be required to pay or discharge (x) any such tax, assessment, charge or claim which is being contested in good faith and by proper proceedings and for which adequate reserves have been provided in accordance with GAAP or (y) any such taxes or assessments levied by foreign governments if, in the opinion of the board of directors of the Borrower, payment thereof shall no longer be advantageous to the Borrower or such Subsidiary in the conduct of its business and the failure to so pay would not in the aggregate have a Material Adverse Effect.
Taxes and Other Claims. The Company and each Significant Subsidiary shall file all federal, state and local tax returns required to be filed by it and shall pay or discharge or cause to be paid or discharged, before the same shall become delinquent, (i) all taxes, assessments and governmental charges which are material to the Company and its Subsidiaries, on a consolidated basis (including withholding taxes and any penalties, interest and additions to taxes) levied or imposed upon the Company or its Subsidiaries or upon the income, profits or property of the Company or any such Significant Subsidiary, and (ii) all lawful claims of materialmen, mechanics, carriers, warehousemen, landlords and other like persons which are material to the Company and its Subsidiaries, on a consolidated basis and, if unpaid, might by law become a lien upon the property of the Company or any such Subsidiary; provided, however, that the Company shall not be required to pay or discharge or cause to be paid or discharged any such tax, assessment or governmental charge or claim whose amount, applicability or validity is being contested in good faith and for which disputed amounts adequate reserves have been made in the opinion of the Company's management or as required by generally accepted accounting principles.
Taxes and Other Claims. Pay and discharge, and cause each of the Restricted Subsidiaries to pay and discharge, before the same shall become delinquent, all known lawful material claims which, if unpaid, would by law become a Lien upon its property including all material tax liabilities, assessments and governmental charges or levies imposed upon it or its properties or assets that would result in a statutory lien upon its properties, where the amount of the obligations secured by such Liens, when added to the amount of all obligations secured by Liens permitted under Section 7.01(s), would exceed the amount of obligations permitted to be secured by Liens under Section 7.01(s); provided that neither the Borrower nor any of the Restricted Subsidiaries shall be required to pay or discharge (x) any such claim, tax, assessment, or charge which is being contested in good faith and by proper proceedings and for which adequate reserves have been provided in accordance with GAAP or (y) any such claims, taxes, assessments or charges levied by foreign governments if, in the opinion of the chief executive officer of the Borrower, payment thereof shall no longer be advantageous to the Borrower or such Restricted Subsidiary in the conduct of its business and the failure to so pay would not in the aggregate have a Material Adverse Effect.
Taxes and Other Claims. The Companies shall pay or discharge, and shall cause each of their Subsidiaries to pay or discharge, or cause to be paid or discharged, before the same shall become delinquent (a) all material taxes, assessments and governmental charges levied or imposed upon (i) the Companies or any such Subsidiary, (ii) the income or profits of the Companies or any such Subsidiary which is a corporation or (iii) the Property of the Companies or any such Subsidiary and (b) all material lawful claims for labor, materials and supplies that, if unpaid, might by law become a Lien upon the properties of the Companies or any such Subsidiary, provided that the Companies shall not be required to pay or discharge, or cause to be paid or discharged, any such tax, assessment, charge or claim the amount, applicability or validity of which is being contested in good faith by appropriate proceedings and for which adequate reserves, if any, in conformity with GAAP, have been established.
Taxes and Other Claims. Borrower shall file when due all required tax returns, shall pay when due all taxes, including without limitation, payroll, real and personal property taxes, sales taxes, assessments and other governmental charges levied or imposed upon it or upon its income or profits or upon any of its property, and shall pay when due all lawful claims for labor, materials and supplied which, if unpaid, might become a Lien upon any property of Borrower; provided, that Borrower shall not be required to pay any such tax, assessment, charge or claim whose amount, applicability or validity is being contested by Borrower in good faith in appropriate proceedings, provided that adequate reserve has been set aside for the amount in question.
Taxes and Other Claims. Pay and discharge when due all Federal, state and local tax assessments and other governmental charges and levies imposed against Guarantor or any of its property; provided, however, that any such tax assessment, charge or levy need not be paid if it is being contested, in good faith, by appropriate proceedings diligently conducted and if an adequate reserve or other appropriate provision shall have been made therefor to the extent required in accordance with GAAP.
Taxes and Other Claims. The Borrower will continue to be a RIC. Each Credit Party will timely file or cause to be filed all U.S. federal, state, and other material Tax returns required by law to be filed by it and will timely pay all U.S. federal, state, and other material Taxes required by law to be paid by it except for any Taxes which are being contested in good faith by appropriate proceedings, with respect to which adequate reserves have been established in accordance with GAAP consistently applied.
Taxes and Other Claims. The Borrower shall, and shall cause each of its Subsidiaries to, pay and discharge when due (i) all federal, state and local tax assessments and other governmental charges and levies imposed against the Borrower or such Subsidiary or any of its property; and (ii) all lawful claims that, if unpaid, might by law become a Lien upon its property; provided, however, that any such tax assessment, charge, levy or claim need not be paid if it is being contested, in good faith, by appropriate proceedings diligently conducted and if an adequate reserve or other appropriate provision shall have been made therefor as required in accordance with GAAP.
Taxes and Other Claims. The Company shall pay, and shall cause each of the Restricted Subsidiaries to pay, prior to delinquency, (a) all material taxes, assessments, and governmental charges levied or imposed upon the Company or any of the Restricted Subsidiaries or upon the income, profits or property or assets of the Company or any of the Restricted Subsidiaries and (b) all lawful claims for labor, materials and supplies, which, if unpaid, might by law become a Lien upon the property or assets of the Company or any of the Restricted Subsidiaries, except such as are contested in good faith and by appropriate proceedings or where the failure to effect such payment is not adverse in any material respect to the Holders of the Notes and for which adequate reserves in accordance with GAAP or other appropriate provisions have been made.
Taxes and Other Claims. Pledgor shall, and shall cause Cowboy and each other Borrower to, duly pay and discharge before the same shall become due or delinquent all taxes, assessments and other governmental charges imposed upon Pledgor, Cowboy or such Borrower, as the case may be, and its respective properties, sales and activities, or any part thereof, or upon the income or profits therefrom, or burdening any of Pledgor's, Cowboy's or such Borrower's properties or assets, as the case may be, as well as all claims for labor, materials or supplies, including all claims incurred in connection with the operation of Pledgor's, Cowboy's and such Borrower's respective businesses, properties and assets, which if unpaid might by law become a lien or charge upon any of Pledgor's, Cowboy's or such Borrower's property; provided, however, that any such tax, assessment, charge, levy or claim need not be paid if the validity or amount thereof shall currently be contested by Pledgor, Cowboy or such Borrower, as the case may be, in good faith by appropriate proceedings and if Pledgor, Cowboy or such Borrower, as the case may be, shall have set aside on its books adequate reserves with respect thereto; and provided, further, that Pledgor shall, and shall cause Cowboy and each other Borrower to, pay all such taxes, assessments, charges, levies or claims forthwith upon the commencement of proceedings to foreclose any lien which may have attached as security therefor.
