Common use of Taxes; Pensions Clause in Contracts

Taxes; Pensions. Timely file and require each of its Subsidiaries to timely file, all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely file, all foreign, federal, state, and local taxes, assessments, deposits and contributions owed by Borrower or its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 hereof, and shall deliver to Lenders, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such plans.

Appears in 8 contracts

Samples: Loan and Security Agreement (Poseida Therapeutics, Inc.), Loan and Security Agreement (Poseida Therapeutics, Inc.), Loan and Security Agreement (Poseida Therapeutics, Inc.)

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Taxes; Pensions. Timely file file, and require each of its Subsidiaries to timely file, all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, all foreign, federal, state, state and local taxes, assessments, deposits and contributions owed by Borrower or and each of its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 5.9 hereof and taxes with respect to which the amount does not exceed the amount set forth in Section 5.9 hereof, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 6 contracts

Samples: Loan and Security Agreement (Upwork Inc.), Loan and Security Agreement (Upwork Inc.), Loan and Security Agreement (Upwork Inc.)

Taxes; Pensions. Timely file file, and require each of its Subsidiaries to timely file, all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, all foreign, federal, state, state and local taxes, assessments, deposits and contributions owed by Borrower or and each of its Subsidiaries, other than taxes which in the aggregate do not at any time exceed Ten Thousand Dollars ($10,000), and except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 5.9 hereof, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 4 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Marin Software Inc), Loan and Security Agreement (Marin Software Inc)

Taxes; Pensions. Timely file and require each of its Subsidiaries to timely file, all required foreign, federal, state and material local tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely file, all foreign, federal, state, and material local taxes, assessments, deposits and contributions owed by Borrower or its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 hereof or as otherwise permitted pursuant to Section 5.8 hereof, and shall deliver to LendersCollateral Agent, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such plans.

Appears in 3 contracts

Samples: Loan and Security Agreement (Prometheus Biosciences, Inc.), Loan and Security Agreement (Prometheus Biosciences, Inc.), Loan and Security Agreement (Prometheus Biosciences, Inc.)

Taxes; Pensions. Timely file file, and require each of its Subsidiaries to timely file, all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, all foreign, federal, stateprovincial, state and local taxes, assessments, deposits and contributions owed by Borrower or and each of its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 hereof and taxes which do not exceed the threshold set forth in Section 5.8 hereof, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 2 contracts

Samples: Loan and Security Agreement (Xenon Pharmaceuticals Inc.), Loan and Security Agreement (Xenon Pharmaceuticals Inc.)

Taxes; Pensions. Timely file and require each of its Subsidiaries to timely file, all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely file, all foreign, federal, state, and local taxestaxes (other than non-material local taxes not exceeding $5,000 in the aggregate at any time), assessments, deposits and contributions owed by Borrower or its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 hereof, and shall deliver to Lenders, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such plans.

Appears in 2 contracts

Samples: Loan and Security Agreement (CareDx, Inc.), Loan and Security Agreement (CareDx, Inc.)

Taxes; Pensions. Timely file file, and require each of its Subsidiaries to timely file, all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, all foreign, federal, state, state and local taxes, assessments, deposits and contributions owed by Borrower or and each of its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 hereof and taxes with respect to which the amount does not exceed the amount set forth in Section 5.8 hereof, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 2 contracts

Samples: Loan and Security Agreement (Satsuma Pharmaceuticals, Inc.), Loan and Security Agreement (Ignyta, Inc.)

Taxes; Pensions. (a) Timely file file, and require each of its Subsidiaries to timely filefile (in each case, unless subject to a valid extension), all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, or file extensions for, all foreign, federal, state, state and local taxes, assessments, deposits and contributions owed by Borrower or and each of its Subsidiaries, except for (deferred payment of any taxes contested pursuant to the terms of Section 5.8 4.9(a) hereof, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such payments, and pay pay, and require each of its Subsidiaries to pay, all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 2 contracts

Samples: Loan and Security Agreement (SI-BONE, Inc.), Loan and Security Agreement (SI-BONE, Inc.)

Taxes; Pensions. Timely file and require each of its Subsidiaries to timely file, all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely file, all foreign, federal, state, and local taxes, assessments, deposits and contributions owed by Borrower or its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 hereof and state and local taxes with respect to which the amount does not exceed the amount set forth in Section 5.8 hereof, and shall deliver to Lenders, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such plans.

Appears in 1 contract

Samples: Loan and Security Agreement (Ocera Therapeutics, Inc.)

Taxes; Pensions. Timely file file, and require each of its Subsidiaries to timely file, all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, all foreign, federal, state, state and local taxes, assessments, deposits and contributions owed by Borrower or and each of its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 5.9 hereof, and taxes with respect to which the amount does not exceed the amount set forth in Section 5.9 hereof, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Outset Medical, Inc.)

Taxes; Pensions. Timely file and require each of its Subsidiaries to timely file, all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely file, all foreign, federal, state, and local taxes, assessments, deposits and contributions owed by Borrower or its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 hereof, and shall deliver to Lenders, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such plans.. WEST\274507290.5 368986-000135 10

Appears in 1 contract

Samples: Loan and Security Agreement (Eiger BioPharmaceuticals, Inc.)

Taxes; Pensions. (a) Timely file file, and require each of its Subsidiaries to timely filefile (in each case, unless subject to a valid extension), all federal, state and other required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, all foreign, federal, state, state and local taxes, assessments, deposits and contributions owed by Borrower or and each of its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 4.9(a) hereof, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such payments, and pay pay, and require each of its Subsidiaries to pay, all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Direct Digital Holdings, Inc.)

Taxes; Pensions. Timely file and require each of its their Subsidiaries to timely file, all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its their Subsidiaries to timely filepay, all foreign, federal, state, state and local taxes, assessments, deposits and contributions owed by a Co-Borrower or and each of its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 5.9 hereof and taxes with respect to which the amount does not exceed the amount set forth in Section 5.9 hereof, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such tax payments, and pay . Pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Savara Inc)

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Taxes; Pensions. Timely file file, and require each of its Subsidiaries to timely file, all required federal, state and other material tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, all foreign, federal, state, state and local other material taxes, assessments, deposits and contributions owed by Borrower or and each of its Subsidiaries, except for deferred payment of any taxes contested by Borrower or such Subsidiary pursuant to the terms of Section 5.8 hereof5.9 hereof or disclosed to the Bank in the Perfection Certificate delivered on the Effective Date, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the their terms of such plansin all material respects.

Appears in 1 contract

Samples: Loan and Security Agreement (Millennial Media Inc.)

Taxes; Pensions. Timely file file, and require each of its Subsidiaries to timely file, all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, all foreign, federal, state, state and local taxes, assessments, deposits and contributions owed by Borrower or and each of its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 hereof and taxes with respect to which the amount does not exceed the amount set forth in Section 5.8 hereof, and shall deliver to the Lenders, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Ignyta, Inc.)

Taxes; Pensions. Timely file file, and require each of its Subsidiaries to timely file, all required federal and other material state and local tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, all foreignall, federal, state, federal and other material state and local taxes, assessments, deposits and contributions owed by Borrower or and each of its Subsidiaries, except except, in each case (i) for deferred payment of any taxes contested contested, (ii) to the extent permitted pursuant to the terms of Section 5.8 5.9 hereof, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such paymentspayments or (iii) with respect to any such taxes, assessments, deposits or contributions that do not individually or in the aggregate, exceed One Million Dollars ($1,000,000) and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Sumo Logic, Inc.)

Taxes; Pensions. Timely file and require each of its Subsidiaries to timely file, all required foreign, federal, state and material local tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely file, all foreign, federal, state, and material local taxesTaxes, assessments, deposits and contributions owed by Borrower or its Subsidiaries, except for deferred payment of any taxes Taxes contested pursuant to the terms of Section 5.8 hereof or as otherwise permitted pursuant to Section 5.8 hereof, and shall deliver to Lendersthe Collateral Agent, on demandpromptly upon written request, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such plans.

Appears in 1 contract

Samples: Loan and Security Agreement (4D Pharma PLC)

Taxes; Pensions. Timely file file, and require each of its Subsidiaries to timely file, all required tax income and other material Tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, all foreign, federal, state, state and local taxes, assessments, deposits and contributions Taxes owed by Borrower or and each of its Subsidiaries, except for (i) deferred payment of any taxes Taxes contested pursuant to the terms of clause (i) of Section 5.8 hereof or (ii) Taxes described in clause (ii) of Section 5.8 hereof, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Gemphire Therapeutics Inc.)

Taxes; Pensions. Timely file file, and require each of its Subsidiaries to timely file, all required tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, all foreign, federal, state, state and local taxes, assessments, deposits and contributions owed by Borrower or and each of its Subsidiaries, except for deferred payment of any taxes contested pursuant to the terms of Section 5.8 hereofhereof and taxes with respect to which the amount does not exceed the amount set forth in Section 5.8, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Selecta Biosciences Inc)

Taxes; Pensions. Timely file file, and require each of its Subsidiaries to timely file, all required tax Tax returns and reports or extensions therefor (which are timely filed and accepted and approved by the applicable Governmental Authority) and timely pay, and require each of its Subsidiaries to timely filepay, all foreign, federal, state, state and local taxesTaxes, assessments, deposits and contributions owed by Borrower or and each of its Subsidiaries, except for deferred payment of any taxes Taxes contested pursuant to the terms of Section 5.8 hereofhereof and taxes with respect to which the amount does not exceed the amount set forth in Section 5.8, and shall deliver to LendersBank, on demand, appropriate certificates attesting to such payments, and pay all amounts necessary to fund all present pension, profit sharing and deferred compensation plans in accordance with the terms of such planstheir terms.

Appears in 1 contract

Samples: Loan and Security Agreement (Achaogen Inc)

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