Taxes, Claims for Labor and Materials. Borrower will pay or cause to be paid when due all taxes, assessments, governmental charges or levies imposed upon it or its income, profits, payroll or any property belonging to it, including without limitation all withholding taxes, and all claims for labor, materials and supplies which, if unpaid, might become a lien or charge upon any of its properties or assets.
Appears in 6 contracts
Samples: Revolving Credit Loan Agreement (Hersha Hospitality Trust), Revolving Credit Loan and Security Agreement (Hersha Hospitality Trust), Revolving Credit Loan and Security Agreement (Hersha Hospitality Trust)
Taxes, Claims for Labor and Materials. Each Borrower will pay or cause to be paid when due all taxes, assessments, governmental charges or levies imposed upon it or its income, profits, payroll or any property belonging to it, including without limitation all withholding taxes, and all claims for labor, materials and supplies which, if unpaid, might become a lien or charge upon any of its properties or assets. No Borrower will file or consent to the filing of, any consolidated income tax return with any Person other than a Subsidiary.
Appears in 2 contracts
Samples: Loan and Security Agreement (InfoLogix Inc), Loan and Security Agreement (Nobel Education Dynamics Inc)
Taxes, Claims for Labor and Materials. Borrower and each Guarantor will pay or cause to be paid when due all taxes, assessments, governmental charges or levies imposed upon it or its income, profits, payroll or any property belonging to it, including without limitation all withholding taxes, and all claims for labor, materials and supplies which, if unpaid, might become a lien or charge upon any of its properties or assets. Neither Borrower nor any Guarantor will file or consent to the filing of, any consolidated income tax return with any Person other than a Subsidiary.
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