Taxes, Judgments and Liens. The Borrower shall remain current on all of its federal, state and local tax obligations. In addition, the Borrower shall notify the Lender in the event (i) any judgment is rendered against the Borrower, or (ii) any lien is filed against any of the assets of the Borrower.
Appears in 9 contracts
Samples: Loan and Security Agreement (Packeteer Inc), Borrower Agreement (Nicollet Process Engineering Inc), Borrower Agreement (Truevision Inc)
Taxes, Judgments and Liens. The Borrower shall remain current on all of its federalFederal, state and local tax obligations. In addition, the Borrower shall notify the Lender in the event of (i) any judgment is rendered against the Borrower, or (ii) any lien is filed against any of the assets of the Borrower.
Appears in 1 contract
Taxes, Judgments and Liens. The Borrower shall remain current on all of its federal, state and local tax obligations. In addition, the Borrower shall notify the Lender in the event (i) any judgment is rendered against the Borrower, Borrower or (ii) any lien is filed against any of the assets of the Borrower.
Appears in 1 contract