Unpaid Taxes. The Pre-Acquisition Tax Liabilities of the Company (whether imposed before or after Closing and whether imposed upon filing of a Tax Return or as a result of an audit or examination) which are unpaid as of the close of business on the Closing Date will not exceed the reserves for Tax Liabilities (excluding book reserves for deferred Taxes established to reflect timing differences between book and Tax income ) as set forth in the account for accrued taxes payable account included in the Interim Financial Statements.
Unpaid Taxes. If Lessee fails to pay any such taxes, assessments or other public charges which it is obligated to pay as provided in this Article, before the same become delinquent, then and in such event, Lessor may pay the same, together with any interest and penalties thereon, and the amount so paid shall be deemed rent immediately due and payable by Lessee to Lessor on demand, together with interest thereon at the rate of ten percent (10%) per annum plus an additional service fee of two percent (2%).
Unpaid Taxes. To the best of Seller’s knowledge all taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or escrow funds have been established in an amount sufficient to pay for every such escrowed item which remains unpaid and which has been assessed but is not yet due and payable;
Unpaid Taxes. The unpaid Taxes of Seller and the Division Subsidiaries (A) did not, as of the Most Recent Fiscal Month End, exceed the reserve for Tax Liability (rather than any reserve for deferred Taxes established to reflect timing differences between book and Tax income) set forth on the face of the Most Recent Balance Sheet (rather than in any notes thereto) and (B) do not exceed that reserve as adjusted for the passage of time through the Closing Date in accordance with the past custom and practice of the Seller and the Division Subsidiaries in filing their Tax Returns.
Unpaid Taxes. The Purchaser shall be responsible for and shall pay to the applicable Governmental Authorities all unpaid Taxes of any nature with respect to the Mining Property.
Unpaid Taxes. The Borrower declares that there are no unpaid taxes on the immovable.
Unpaid Taxes. The unpaid Taxes of the Dagger Companies for which Acquisition Sub and/or the Dagger Subsidiaries shall be liable (a) did not, as of the date of the Dagger Balance Sheet, exceed the reserve for Tax liability (rather than any reserve for deferred Taxes established to reflect timing differences between book and Tax income) reflected in the Dagger Balance Sheet and (b) do not exceed that reserve as adjusted for the passage of time through the Closing Date in accordance with the past custom and practice of the Dagger Companies in filing their Tax Returns.
Unpaid Taxes. All taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid, or escrow funds have been established in an amount sufficient to pay for every such escrowed item which remains unpaid and which has been assessed but is not yet due and payable;
Unpaid Taxes. The unpaid Taxes of Company (i) did not, as of December 31, 2018, exceed the reserve for Tax Liability (rather than any reserve for deferred Taxes established to reflect timing differences between book and Tax income) set forth on the face of the Financial Statements of such date (rather than in any notes thereto) and (ii) do not exceed that reserve as adjusted for the passage of time through the Closing Date in accordance with the past custom and practice of Company in filing its Tax Returns. Since December 31, 2018 Company has not incurred any liability for Taxes arising from extraordinary gains or losses, as that term is used in GAAP, outside the ordinary course of business consistent with past custom and practice other than Taxes incurred in connection with transactions contemplated by this Agreement.
Unpaid Taxes. 17.1 The amount of any unpaid real estate taxes, assessments, water charges and sewer rents other than items subject to proration as heretofore provided, which Seller is obligated to pay and discharge may, at the option of Seller, be allowed to Purchaser out of the Cash Balance, provided that official bills therefor with interest and penalties thereon calculated to said date are furnished by Seller at the Closing.
17.2 Seller may use any portion of the Cash Balance to satisfy any liens or encumbrances which exist on the Closing Date which are not Permitted Encumbrances, provided that Seller delivers to Purchaser at Closing instruments in recordable form sufficient to satisfy such liens and encumbrances of record, together with the cost of recording or filing said instruments, or pay such sums or perform such acts as will enable the Title Company to insure Purchaser that such lien(s) will not be collected out of the Property, or deposit with Purchaser's attorneys reasonably sufficient funds to enable Purchaser's attorneys to obtain and record such instruments.
17.3 The existence of (i) any taxes, assessments, water charges, or sewer rents referred to in Section 17.1, or (ii) any other liens or encumbrances, shall not be deemed Title Objections if Seller elects to proceed pursuant to the provisions of Section 17.2, provided that Seller complies with the requirements set forth in Sections 17.1 and 17.2 hereof.
17.4 If Seller requests within a reasonable time prior to the Closing Date, Purchaser agrees to provide at the Closing separate certified checks or official cashier's checks, which in the aggregate equal the amount of the Cash Balance, in order to facilitate the satisfaction of any unpaid (and due) real estate taxes, assessments, water charges or sewer rents, liens and/or encumbrances referred to in Section 17.1, and, if Seller elects to proceed pursuant to the provisions of Section 17.2, the payment of any liens and encumbrances referred to therein.
