TAXES AND OTHER LIABILITIES. The Borrower will pay and discharge, when due, all of its taxes, assessments and other liabilities, except when the payment thereof is being contested in good faith by appropriate procedures which will avoid foreclosure of liens securing such items, and with adequate reserves provided therefor.
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Samples: Revolving Credit Agreement (SRS Labs Inc), Term Loan Agreement (Park City Group Inc), Revolving Credit Agreement (Rochester Medical Corporation)
TAXES AND OTHER LIABILITIES. The Borrower will pay and discharge, when due, all of its taxes, assessments and other material liabilities, except when the payment thereof is being contested in good faith by appropriate procedures which will avoid foreclosure of liens securing such items, and with adequate reserves provided therefor.
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Samples: Revolving Credit Agreement (National Research Corp)
TAXES AND OTHER LIABILITIES. The Borrower will pay and discharge, when due, all of its taxes, assessments assessments, wage and employee obligations, and other liabilities, except when the payment thereof is being contested in good faith by appropriate procedures which will avoid foreclosure of liens securing such items, and with adequate reserves provided therefor. No tax liens have been filed and no claims are being asserted with respect any taxes assessed against Borrower or its Subsidiaries.
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TAXES AND OTHER LIABILITIES. The Borrower will pay and discharge, when due, all of its taxes, assessments and other liabilities, except when the payment thereof is being contested in good faith by appropriate procedures which will avoid foreclosure of liens securing such items, and with adequate reserves provided therefor.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Vaughn Communications Inc)
TAXES AND OTHER LIABILITIES. The Borrower will pay and discharge, when due, all of its taxes, assessments assessments, wage and employee obligations, and other liabilities, except when the payment thereof is being contested in good faith by appropriate procedures which will avoid foreclosure of liens securing such items, and with adequate reserves provided therefor.
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TAXES AND OTHER LIABILITIES. The Borrower will pay and discharge, when due, all of its taxes, assessments and other liabilities, liabilities except when the payment thereof is being contested in good faith by appropriate procedures which will avoid foreclosure of liens securing such items, and with adequate reserves provided therefortherefore.
Appears in 1 contract
TAXES AND OTHER LIABILITIES. The Borrower will pay and discharge, when due, all of its taxes, assessments and other liabilities, liabilities except when the payment thereof is being contested in good faith by appropriate procedures which will avoid foreclosure of liens securing such items, and with adequate reserves provided therefor.
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TAXES AND OTHER LIABILITIES. The Borrower will pay and discharge, when due, all of its taxes, assessments and other liabilities, except when the payment thereof is being contested in In good faith by appropriate procedures which will avoid foreclosure of liens securing such items, and with adequate reserves provided therefor.
Appears in 1 contract
Samples: Term Loan Agreement (Rochester Medical Corporation)
TAXES AND OTHER LIABILITIES. The Borrower will pay and discharge, when due, all of its taxes, assessments and other liabilities, except when the payment thereof is being contested in good faith by appropriate procedures which will avoid foreclosure of or liens securing such items, and with adequate reserves provided therefor.
Appears in 1 contract
Samples: Revolving Credit Agreement (Alterra Healthcare Corp)
TAXES AND OTHER LIABILITIES. The Borrower will pay and discharge, when due, all of its taxes, assessments and other liabilities, except when the payment thereof is being contested in good faith by appropriate procedures which will avoid foreclosure of liens securing such items, and with adequate reserves provided therefor.. 2.12
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TAXES AND OTHER LIABILITIES. The Borrower will pay and discharge, when due, all of its taxes, assessments and other liabilities, except when the payment thereof is being contested in good faith by appropriate procedures which will avoid foreclosure of liens securing such items, items and with adequate reserves provided therefor.
Appears in 1 contract
Samples: Term Note (Oakridge Holdings Inc)