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 and timely pay, and require each of its Subsidiaries to timely pay, all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower and each of its Subsidiaries, other than taxes which in the aggregate do not at any time exceed Fifteen Thousand Dollars ($15,000), and except for deferred payment of any taxes contested pursuant to the terms of Section 5.9 hereof, and shall deliver to Bank, 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 their terms.

Taxes; Pensions. Timely file, and require each of its Subsidiaries to timely file, all required tax returns and reports reports, and timely pay, and require each of its Subsidiaries to timely pay, all foreign, federal, state and local taxes, assessments, deposits and contributions in excess of $5,000 (in the aggregate for Borrower each of its Subsidiaries combined) owed by Borrower and each of its Subsidiaries, other than taxes which in the aggregate do not at any time exceed Fifteen Thousand Dollars ($15,000), and except for deferred payment of any taxes contested pursuant to the terms of Section 5.9 hereof, and shall deliver to Bank, 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 their terms.

Taxes; Pensions. Timely file, file and require each of its Subsidiaries to timely file, all required tax returns and reports and timely pay, and require each of its Subsidiaries to timely payfile, all foreign, federal, state 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 and each of or its Subsidiaries, other than taxes which in the aggregate do not at any time exceed Fifteen Thousand Dollars ($15,000), and except for deferred payment of any taxes contested pursuant to the terms of Section 5.9 5.8 hereof, and shall deliver to BankLenders, 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 their termsthe terms of such plans.

Taxes; Pensions. Timely file, and require each of its Subsidiaries to timely file, all required tax returns and reports and timely pay, and require each of its Subsidiaries to timely payfile, all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower and each of its Subsidiaries, other than taxes which in the aggregate do not at any time exceed Fifteen Thousand Dollars ($15,000), and except for deferred payment of any taxes contested pursuant to the terms of Section 5.9 hereof5.8 hereof and except where any delay in doing so would not have a material adverse effect on Borrower’s business, and shall deliver to BankCollateral 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 their terms.

Taxes; Pensions. Timely file, and require each of its Subsidiaries to timely file, all required tax returns and reports except for tax returns and reports for amounts which do not exceed One Hundred Thousand Dollars ($100,000) in the aggregate and timely pay, and require each of its Subsidiaries to timely pay, all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower and each of its Subsidiaries, other than taxes which in the aggregate do not at any time exceed Fifteen Thousand Dollars ($15,000), and except for deferred payment of any taxes contested as otherwise specified pursuant to the terms of Section 5.9 hereof, and shall deliver to Bank, 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 their terms.

Taxes; Pensions. Timely file, and require each of its Subsidiaries to timely file, all required material tax returns and reports and timely pay, and require each of its Subsidiaries to timely pay, all material foreign, federal, state and material local taxes, assessments, deposits and contributions owed by Borrower and each of its Subsidiaries, other than taxes which in the aggregate do not at any time exceed Fifteen Thousand Dollars ($15,000), and except for deferred payment of any taxes contested or deferred filing and payment of taxes subject to voluntary disclosure or other negotiation proceedings pursuant to the terms of Section 5.9 hereof, and shall deliver to Bank, 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 their terms.

Taxes; Pensions. Timely file, and require each of its Subsidiaries to timely file, all required tax returns and reports and timely pay, and require each of its Subsidiaries to timely pay, all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower and each of its Subsidiaries, other than taxes which in the aggregate do not at any time exceed Fifteen Thousand Dollars ($15,000), and except for deferred payment of any taxes contested pursuant to the terms of Section 5.9 hereof and taxes with respect to which the amount does not exceed the limitations set forth in Section 5.9 hereof, and shall deliver to Bank, 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 their terms.

Taxes; Pensions. Timely file, and require each of its Subsidiaries to timely file, all required tax returns and reports and timely pay, and require each of its Subsidiaries to timely pay, all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower and each of its Subsidiaries, other than taxes which in the aggregate do not at any time exceed Fifteen Thousand Dollars ($15,000), and except for deferred payment of any taxes contested pursuant to the terms of Section 5.9 hereofhereof that do not, individually or in the aggregate, exceed Fifty Thousand Dollars ($50,000), and shall deliver to Bank, 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 their terms.

Taxes; Pensions. Timely file, and require each of its Subsidiaries to timely file, all required tax returns and reports and timely pay, and require each of its Subsidiaries to timely pay, all foreign, federal, state and local taxes, assessments, deposits and contributions owed by Borrower and each of its Subsidiaries, other than taxes which in the aggregate do not at any time exceed Fifteen Thousand Dollars ($15,000), and except for (a) deferred payment of any taxes contested pursuant to the terms of Section 5.9 hereofhereof and (b) such other amounts described in Section 5.9(b), and shall deliver to Bank, 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 their terms.