Common use of Taxes, Assessments and Charges Clause in Contracts

Taxes, Assessments and Charges. Promptly pay over to the appropriate authorities all sums for taxes deducted and withheld from wages as well as the employer’s contributions and other governmental charges imposed upon or asserted against Borrower’s income, profits, properties and rental charges or otherwise which are or might become a lien charged upon Borrower’s properties, unless the same are being contested in good faith by appropriate proceedings and adequate reserves shall have been established on Borrower’s books with respect thereto.

Taxes, Assessments and Charges. Promptly pay over to the appropriate authorities all sums for taxes deducted and withheld from wages as well as the employer’s 's contributions and other governmental charges imposed upon or asserted against Borrower’s 's income, profits, properties and rental charges or otherwise which are or might become a lien charged upon Borrower’s 's properties, unless the same are being contested in good faith by appropriate proceedings and adequate reserves shall have been established on Borrower’s 's books with respect thereto.

Taxes, Assessments and Charges. Promptly pay over to the appropriate authorities all sums for taxes deducted and withheld from wages as well as the employer’s 's contributions and other governmental charges imposed upon or asserted against the Borrower’s 's income, profits, properties and rental charges or otherwise which are or might become a lien charged upon the Borrower’s 's properties, unless the same are being contested in good faith by appropriate proceedings and adequate reserves shall have been established on the Borrower’s 's books with respect thereto.

Taxes, Assessments and Charges. Promptly pay over to the appropriate authorities all sums for taxes deducted and withheld from wages as well as the employer’s 's contributions and other governmental charges imposed upon or asserted against the Borrower’s income, profits, properties and rental charges or otherwise which are or might become a lien charged upon the Borrower’s properties, unless the same are being contested in good faith by appropriate proceedings and adequate reserves shall have been established on the Borrower’s books with respect thereto.