Taxes, Assessments, Etc. Grantor shall pay promptly when due all property and other taxes, assessments and government charges or levies imposed upon, and all claims (including claims for labor, materials and supplies) against, the Collateral, except to the extent the validity thereof is being contested in good faith and adequate reserves are being maintained in connection therewith.
Appears in 5 contracts
Samples: Security Agreement (American Technology Corp /De/), Security Agreement (Photomedex Inc), Security Agreement (Photomedex Inc)
Taxes, Assessments, Etc. Grantor shall pay promptly when due all property and other taxes, assessments and government charges or levies imposed upon, and all claims (including claims for labor, materials and supplies) against, the Collateral, Collateral except to the extent the validity thereof is being contested in good faith and adequate reserves are being maintained in connection therewith.
Appears in 3 contracts
Samples: Security Agreement (Vanguard Airlines Inc \De\), Security Agreement (Vanguard Airlines Inc \De\), Security Agreement (Vanguard Airlines Inc \De\)
