Common use of Taxes and Other Liens Clause in Contracts

Taxes and Other Liens. Borrower and each Guarantor will pay and discharge promptly all taxes, assessments and governmental charges or levies imposed upon Borrower and such Guarantor, or upon the income or any assets or property of such Borrower, as well as all claims of any kind (including claims for labor, materials, supplies and rent) which, if unpaid, might become a Lien or other encumbrance upon any or all of the assets or property of Borrower or any Guarantor and which could reasonably be expected to result in a Material Adverse Effect; provided, however, that neither Borrower nor any Guarantor shall be required to pay any such tax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted, levy and execution thereon have been stayed and continue to be stayed and if Borrower or Guarantors shall have set up adequate reserves therefor, if required, under Accounting Principles.

Taxes and Other Liens. Borrower and each Guarantor will pay and discharge promptly all taxes, assessments and governmental charges or levies imposed upon Borrower and such each Guarantor, or upon the income or any assets or property of such BorrowerBorrower and each Guarantor, as well as all claims of any kind (including claims for labor, materials, supplies and rent) which, if unpaid, might become a Lien or other encumbrance upon any or all of the assets or property of Borrower or any Guarantor and which could reasonably be expected to result in a Material Adverse Effect; provided, however, that neither Borrower nor any Guarantor shall be required to pay any such tax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted, levy and execution thereon have been stayed and continue to be stayed and if Borrower or Guarantors any such Guarantor shall have set up adequate reserves therefor, if required, under Accounting PrinciplesGAAP.

Taxes and Other Liens. The Borrower and each or Guarantor will pay and discharge promptly all taxes, assessments and governmental charges or levies imposed upon the Borrower and such Guarantor, or upon the income or any assets or property of such BorrowerBorrower or Guarantor, as well as all claims of any kind (including claims for labor, materials, supplies and rent) which, if unpaid, might become a Lien or other encumbrance upon any or all of the assets or property of Borrower or any Guarantor and which could reasonably be expected to result in a Material Adverse Effect; provided, however, that neither Borrower nor any Guarantor shall be required to pay any such tax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted, levy and execution thereon have been stayed and continue to be stayed and if Borrower or Guarantors Guarantor shall have set up adequate reserves therefor, if required, under Accounting PrinciplesGAAP.

Taxes and Other Liens. Borrower and each Guarantor will pay and --------------------- discharge promptly when due all taxes, assessments and governmental charges or levies imposed upon Borrower and such Guarantor, or any Guarantor or upon the income or any assets or property of such Borrower, Borrower or any Guarantor as well as all claims of any kind (including claims for labor, materials, supplies and rent) whichthat, if unpaid, might become a Lien or other encumbrance upon any or all of the assets or property of Borrower or any Guarantor and which could reasonably be expected to result in a Material Adverse Effect; provided, however, that neither Borrower nor any Guarantor shall be required to pay any such tax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted, levy and execution thereon have been stayed and continue to be stayed stayed, and if Borrower or Guarantors such Guarantor shall have set up adequate reserves therefor, if required, under Accounting PrinciplesGAAP.

Taxes and Other Liens. Borrower and each Guarantor will pay and discharge promptly all taxesTaxes, assessments and governmental charges or levies imposed upon Borrower and such Guarantor, or upon the income or any assets or property of Borrower and such BorrowerGuarantor, as well as all claims of any kind (including claims for labor, materials, supplies and rent) which, if unpaid, might become a Lien or other encumbrance upon any or all of the assets or property of Borrower or any Guarantor and which could reasonably be expected to result in a Material Adverse Effect; provided, however, that neither Borrower nor any Guarantor shall be required to pay any such taxTax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted, levy and execution thereon have been stayed and continue to be stayed and if Borrower or Guarantors any such Guarantor shall have set up adequate reserves therefor, if required, under Accounting Principlesin accordance with the requirements of its auditors.

Taxes and Other Liens. Borrower and each Guarantor will pay and discharge promptly all lawful taxes, assessments and governmental charges or levies imposed upon Borrower and such Guarantor, or any Guarantor or upon the income or any assets or property of such Borrower, Borrower or any Guarantor as well as all claims of any kind (including claims for labor, materials, supplies and rent) which, if unpaid, might become a Lien or other encumbrance upon any or all of the assets or property of Borrower or any Guarantor and which could reasonably be expected to result in a Material Adverse Effect; provided, however, that neither the Borrower nor any and each Guarantor shall not be required to pay any such tax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted, levy and execution thereon have been stayed and continue to be stayed and if Borrower or Guarantors such Guarantor shall have set up adequate reserves therefor, if required, under Accounting PrinciplesGAAP.

Taxes and Other Liens. Each Borrower and each Guarantor will pay and discharge promptly all taxes, assessments and governmental charges or levies imposed upon each Borrower and such each Guarantor, or upon the income or any assets or property of such Borrowereach Borrower and each Guarantor, as well as all claims of any kind (including claims for labor, materials, supplies and rent) which, if unpaid, might become a Lien or other encumbrance upon any or all of the assets or property of each Borrower or any Guarantor and which could reasonably be expected to result in a Material Adverse Effect; provided, however, that neither Borrower nor any Guarantor shall be required to pay any such tax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted, levy and execution thereon have been stayed and continue to be stayed and if either Borrower or Guarantors any such Guarantor shall have set up adequate reserves therefor, if required, under Accounting PrinciplesGAAP.

Taxes and Other Liens. The Borrower and each Guarantor will pay and discharge promptly all taxes, assessments and governmental charges or levies imposed upon Borrower and such Guarantor, or Guarantor or upon the income or any assets or property of such Borrower, the Borrower or Guarantor as well as all claims of any kind (including claims for labor, materials, supplies and rent) which, if unpaid, might become a Lien or other encumbrance upon any or all of the assets or property of Borrower or any Guarantor and which could reasonably be expected to result in a Material Adverse Effect; provided, however, that neither Borrower nor any and the Guarantor shall not be required to pay any such tax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted, levy and execution thereon have been stayed and continue to be stayed stayed, and if Borrower or Guarantors the Guarantor, as the case may be, shall have set up adequate reserves therefor, if required, under Accounting PrinciplesGAAP.

Taxes and Other Liens. Borrower and each Guarantor will pay and discharge --------------------- promptly when due all taxes, assessments and governmental charges or levies imposed upon Borrower and such Guarantor, or any Guarantor or upon the income or any assets or property of such Borrower, Borrower or any Guarantor as well as all claims of any kind (including claims for labor, materials, supplies and rent) whichthat, if unpaid, might become a Lien or other encumbrance upon any or all of the assets or property of Borrower or any Guarantor and which could reasonably be expected to result in a Material Adverse Effect; provided, however, that neither Borrower nor any Guarantor shall be required to pay any such tax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted, levy and execution thereon have been stayed and continue to be stayed stayed, and if Borrower or Guarantors such Guarantor shall have set up adequate reserves therefor, if required, under Accounting PrinciplesGAAP.

Taxes and Other Liens. Each Borrower will pay, and will cause each Guarantor will pay to pay, and discharge promptly all taxes, assessments and governmental charges or levies imposed upon such Borrower and or such Guarantor, or upon the income or any assets or property of such BorrowerBorrower or any Guarantor, as well as all claims of any kind (including claims for labor, materials, supplies and rent) which, if unpaid, might become a Lien or other encumbrance upon any or all of the assets or property of any Borrower or any Guarantor and which could reasonably be expected to result in a Material Adverse Effect; provided, however, that neither Borrower Borrowers nor any Guarantor shall be required to pay any such tax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted, levy and execution thereon have been stayed and continue to be stayed and if Borrower or Guarantors such Guarantor shall have set up adequate reserves therefor, if required, under Accounting PrinciplesGAAP.

Taxes and Other Liens. Borrower shall, and shall cause each Guarantor will to pay and discharge promptly all taxes, assessments and governmental charges or levies imposed upon Borrower and such each Guarantor, or upon the income or any assets or property of such BorrowerBorrower and each Guarantor, as well as all claims of any kind (including claims for labor, materials, supplies and rent) which, if unpaid, might become a Lien or other encumbrance upon any or all of the assets or property of Borrower or any Guarantor and which could reasonably be expected to result in a Material Adverse Effect; provided, however, that neither Borrower nor any Guarantor shall be required to pay any such tax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted, levy and execution thereon have been stayed and continue to be stayed and if Borrower or Guarantors any such Guarantor shall have set up adequate reserves therefor, if required, under Accounting PrinciplesGAAP.

Taxes and Other Liens. Borrower will pay, and will cause each Guarantor will pay to pay, and discharge promptly all taxes, assessments and governmental charges or levies imposed upon Borrower and such GuarantorBorrower, or upon the income or any assets or property of such BorrowerBorrower or any Guarantor, as well as all claims of any kind (including claims for labor, materials, supplies and rent) which, if unpaid, might become a Lien or other encumbrance upon any or all of the assets or property of Borrower or any Guarantor and which could reasonably be expected to result in a Material Adverse Effect; provided, however, that neither the Borrower nor any Guarantor shall be required to pay any such tax, assessment, charge, levy or claim if the amount, applicability or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted, levy and execution thereon have been stayed and continue to be stayed and if Borrower or Guarantors shall have set up adequate reserves therefor, if required, under Accounting PrinciplesGAAP.