Common use of Taxes; Governmental Charges Clause in Contracts

Taxes; Governmental Charges. The Borrower and each of its Subsidiaries have filed all tax returns and reports required to be filed and has paid all taxes, assessments, fees, and other governmental charges levied upon it or its assets, properties, or income which are due and payable, including interest and penalties or has provided adequate reserves, if required, in accordance with GAAP for the payment thereof, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP has been provided and levy and execution thereon have been stayed and continue to be stayed.

Taxes; Governmental Charges. The Borrower and each of its Subsidiaries Guarantor have filed all tax returns and reports required to be filed and has have paid all taxesTaxes, assessments, fees, fees and other governmental charges levied upon it or its assets, properties, properties or income which are due and payable, including interest and penalties or has provided adequate reservespenalties, if required, in accordance with GAAP for the payment thereoffailure of which to pay could reasonably be expected to have a Material Adverse Effect, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP in accordance with the requirements of its auditors has been provided and levy and execution thereon have been stayed and continue to be stayed.

Taxes; Governmental Charges. The Borrower and each of its Subsidiaries Guarantor have --------------------------- filed all tax returns and reports required to be filed and has have paid all taxes, assessments, fees, fees and other governmental charges levied upon it them or its their assets, properties, properties or income which are due and payable, including interest and penalties or has provided adequate reservespenalties, if required, in accordance with GAAP for the payment thereoffailure of which to pay could have a Material Adverse Effect, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP has have been provided and with respect to which levy and execution thereon have been stayed and continue to be stayed.

Taxes; Governmental Charges. The Borrower Company and each of its Subsidiaries have filed all tax returns and reports required to be filed and has have paid all taxesTaxes, assessments, fees, fees and other governmental charges levied upon it or its assets, properties, properties or income which are due and payable, including interest and penalties or has provided adequate reservespenalties, if required, in accordance with GAAP for the payment thereoffailure of which to pay could reasonably be expected to have a Material Adverse Effect, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP has been provided and levy and execution thereon have been stayed and continue to be stayed.

Taxes; Governmental Charges. The Borrower and each Each of its Subsidiaries have the Borrowers has filed all tax returns and reports required to be filed and has paid all taxes, assessments, fees, fees and other governmental charges levied upon it such Borrower or its such Borrower's assets, properties, properties or income which are due and payable, including interest and penalties or has provided adequate reservespenalties, if required, in accordance with GAAP for the payment thereoffailure of which to pay could reasonably be expected to have a Material Adverse Effect, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP has have been provided and levy and execution thereon have been stayed and continue to be stayed.

Taxes; Governmental Charges. The Borrower and each of its Subsidiaries Guarantor have timely filed all tax returns and reports required to be filed and has paid all taxes, assessments, fees, fees and other governmental charges levied upon it or its assets, properties, properties or income which are due and payable, including interest and penalties or has provided adequate reservespenalties, if required, in accordance with GAAP for the payment thereoffailure of which to pay could reasonably be expected to have a Material Adverse Effect, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP has been provided and levy and execution thereon have been stayed and continue to be stayed.

Taxes; Governmental Charges. The Each of Borrower and each of its --------------------------- Subsidiaries have has filed all tax returns and reports required to be filed and has paid all taxes, assessments, fees, fees and other governmental charges levied upon it or its assets, properties, properties or income which are due and payable, including interest and penalties or has provided adequate reservespenalties, if required, in accordance with GAAP for the payment thereoffailure of which to pay could reasonably be expected to have a Material Adverse Effect, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP has been provided and levy and execution thereon have been stayed and continue to be stayed.

Taxes; Governmental Charges. The Borrower and Guarantor have each of its Subsidiaries have filed all tax returns and reports required to be filed and has paid all taxes, assessments, fees, fees and other governmental charges levied upon it or its assets, properties, properties or income which are due and payable, including interest and penalties penalties, the failure of which to pay could have a Material Adverse Effect, or has provided adequate reserves, if required, in accordance with GAAP for the payment thereof, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP has been provided and levy and execution thereon have been stayed and continue to be stayed.

Taxes; Governmental Charges. The Each Borrower and each of its Subsidiaries Guarantor have filed all tax returns and reports required to be filed and has paid all taxes, assessments, fees, fees and other governmental charges levied upon it or its assets, properties, properties or income which are due and payable, including interest and penalties or has provided adequate reservespenalties, if required, in accordance with GAAP for the payment thereoffailure of which to pay could reasonably be expected to have a Material Adverse Effect, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP has been provided and levy and execution thereon have been stayed and continue to be stayed.