Taxes, Assessments, Etc. Debtor 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, any item of 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 (E Loan Inc), Amended And (E Loan Inc), Amended and Restated Security Agreement (E Loan Inc)
Taxes, Assessments, Etc. Debtor 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, any item of Collateralthe Equipment, Fixtures or Inventory, except to the extent the validity thereof is being contested in good faith and adequate reserves are being maintained in connection therewith.
Appears in 1 contract
Samples: Security Agreement (Integrated Surgical Systems Inc)
