Common use of TAXES AND OTHER LIABILITIES Clause in Contracts

TAXES AND OTHER LIABILITIES. Shall pay and discharge when due any and --------------------------- all indebtedness, obligations, assessments and taxes, including federal and state income taxes, except such as Borrower may in good faith contest or as to which a bona fide dispute may arise; provided that provision is made to the satisfaction of Lender for eventual payment thereof in the event that it is found that the same is an obligation of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Positron Corp)

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TAXES AND OTHER LIABILITIES. Shall Borrower shall pay and discharge when due (and in installments if permitted by the applicable taxing authority as being "current") any and --------------------------- all material indebtedness, obligations, assessments and taxes, both real and personal, owed by or relating to Borrower and Borrower's properties (including federal and state income taxes), except such as Borrower may in good faith contest or as to which a bona fide dispute may arise; , provided that provision is made to the reasonable satisfaction of Lender for eventual payment thereof in the event that it is found that the same is an obligation of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Hines Global Reit Ii, Inc.)

TAXES AND OTHER LIABILITIES. Shall Each Borrower shall pay and discharge when due any and --------------------------- all indebtedness, obligations, assessments and taxes, both real and personal, owed by or relating to such Borrower and such Borrower’s properties (including federal and state income taxes), except as such as Borrower may in good faith contest or as to which a bona fide dispute may arise; , provided that provision is made to the satisfaction of Lender for eventual payment thereof in the event that it is found that the same is an obligation of such Borrower.

Appears in 1 contract

Samples: Construction Loan Agreement (DC Industrial Liquidating Trust)

TAXES AND OTHER LIABILITIES. Shall Borrower shall pay and discharge when due any and --------------------------- all indebtedness, obligations, assessments assessments, taxes real and taxespersonal, including federal and state income taxes, except such as Borrower it may 21 in good faith contest or as to which a bona fide dispute may arise; provided that provision is made to the satisfaction of Lender the Required Banks for eventual prompt payment thereof in the event that it is found that the same is an obligation of Borrowerits obligation.

Appears in 1 contract

Samples: Credit Agreement (McGrath Rentcorp)

TAXES AND OTHER LIABILITIES. Shall Each Borrower shall pay and discharge when due any and --------------------------- all indebtedness, obligations, assessments and taxes, both real or personal, including without limitation federal and state income taxestaxes and state and local property taxes and assessments, except such (a) as a Borrower may in good faith contest or as to which a bona fide dispute may arise; provided that provision is , and (b) for which Borrowers have made provision, to the satisfaction of Lender Bank's satisfaction, for eventual payment thereof in the event that it any Borrower is found that the same is an obligation of Borrowerobligated to make such payment.

Appears in 1 contract

Samples: Credit Agreement (Gen Probe Inc)

TAXES AND OTHER LIABILITIES. Shall Borrower shall pay and discharge when due any and --------------------------- all indebtedness, obligations, assessments and taxes, both real and personal, owed by or relating to Borrower and Borrower’s properties (including federal and state income taxes), except such as Borrower may in good faith contest or as to which a bona fide dispute may arise; , provided that provision is made to the satisfaction of Lender Administrative Agent for eventual payment thereof in the event that it is found that the same is an obligation of Borrower.

Appears in 1 contract

Samples: Construction Loan Agreement (FC Global Realty Inc)

TAXES AND OTHER LIABILITIES. Shall Borrower and Issuer shall pay and discharge when due any and --------------------------- all indebtedness, obligations, assessments and taxes, both real or personal, including federal without limitation Federal and state income taxestaxes and state and local property taxes and assessments, except such (i) as Borrower may in good faith contest or as to which a bona fide dispute may arise; provided that provision is , and (ii) for which Borrower has made provision, to the satisfaction of Lender Lender’s reasonable satisfaction, for eventual payment thereof in the event that it Borrower is found that the same is an obligation of Borrowerobligated to make such payment.

Appears in 1 contract

Samples: Senior Secured Loan Agreement (Origen Financial Inc)

TAXES AND OTHER LIABILITIES. Shall Borrower shall pay and discharge when due any and --------------------------- all indebtedness, obligations, assessments and taxes, both real and personal, owed by Borrower (including federal and state income taxes), except such as Borrower may in good faith contest or as to which a bona fide dispute may arise; , provided that provision is made to the satisfaction of Lender Administrative Agent for eventual payment thereof in the event that it is found that the same is an obligation of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Howard Hughes Corp)

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TAXES AND OTHER LIABILITIES. Shall Borrower shall pay and discharge when due any and --------------------------- all indebtedness, obligations, assessments and taxes, both real and personal and including federal and state income taxes, except such as the Borrower may in good faith contest or as to which a bona fide dispute may arise; , provided that provision is made to the satisfaction of Lender the Bank for eventual payment thereof in the event that it is found that the same is an obligation of the Borrower.

Appears in 1 contract

Samples: Reimbursement Agreement (Provena Foods Inc)

TAXES AND OTHER LIABILITIES. Shall Borrower shall pay and discharge when due any and --------------------------- all indebtednessIndebtedness, obligations, assessments and taxes, both real and personal, owed by or relating to Borrower and Borrower’s properties (including federal and state income taxes), except such as Borrower may in good faith contest or as to which a bona fide dispute may arise; provided that provision is made to the satisfaction of Lender , and for eventual payment thereof in the event that it is found that the same is an obligation of Borrowerwhich adequate reserves have been provided.

Appears in 1 contract

Samples: Loan Agreement (Cb Richard Ellis Realty Trust)

TAXES AND OTHER LIABILITIES. Shall Borrower shall pay and discharge when due any and --------------------------- all indebtedness, obligations, assessments and taxes, both real and personal and including federal and state income taxes, except such as Borrower may in good faith contest or as to which a bona fide dispute may arise; , provided that provision is made to the satisfaction of Lender Bank for eventual payment thereof in the event that it is found that the same is an obligation of Borrower.

Appears in 1 contract

Samples: Reimbursement Agreement (Axt Inc)

TAXES AND OTHER LIABILITIES. Shall Borrower shall pay and discharge when due any and --------------------------- all indebtedness, obligations, assessments and taxes, both real and personal, owed by or relating to Borrower and Borrower’s properties (including federal and state income taxes), except such as Borrower may in good faith contest or as to which a bona fide dispute may arise; , provided that provision is made to the satisfaction of Lender for eventual payment thereof in the event that it is found that the same is an obligation of Borrower.

Appears in 1 contract

Samples: Unsecured Loan Agreement (Robertson Global Health Solutions Corp)

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