Corporate Existence and Taxes. For as long as any Convertible Debentures remain outstanding, the Company shall, maintain its corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company disputes in good faith and for which adequate reserves are established on the Company's books and records.
Appears in 4 contracts
Samples: Securities Subscription Agreement (Environmental Solutions Worldwide Inc), Securities Subscription Agreement (Environmental Solutions Worldwide Inc), Securities Subscription Agreement (Environmental Solutions Worldwide Inc)
Corporate Existence and Taxes. For as long as any Convertible Debentures Notes remain outstanding, the Company and its subsidiaries shall, maintain its their corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company disputes or its subsidiaries dispute in good faith and for which adequate reserves are established on the Company's ’s or its subsidiaries books and records.
Appears in 4 contracts
Samples: Note Subscription Agreement (Environmental Solutions Worldwide Inc), Subscription Agreement (Vystar Corp), Note Subscription Agreement (Environmental Solutions Worldwide Inc)
Corporate Existence and Taxes. For as long as any Convertible Debentures remain outstanding, the Company shall, maintain its corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company disputes in good faith and for which adequate reserves are established on the Company's ’s books and records.
Appears in 3 contracts
Samples: Securities Subscription Agreement, Securities Subscription Agreement (Black Leon D), Securities Subscription Agreement (Black Leon D)
Corporate Existence and Taxes. For as long as any Convertible Debentures Notes remain outstanding, the Company and its subsidiaries shall, maintain its their corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company disputes or its subsidiaries dispute in good faith and for which adequate reserves are established on the Company's or its subsidiaries books and records.
Appears in 2 contracts
Samples: Note Subscription Agreement (Environmental Solutions Worldwide Inc), Note Subscription Agreement (Environmental Solutions Worldwide Inc)
Corporate Existence and Taxes. For as long as any Convertible ----------------------------- Debentures and Warrant remain outstanding, the Company shall, shall maintain its corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company disputes in good faith and for which adequate reserves are established on the Company's books and records.
Appears in 1 contract
Samples: Regulation S Securities Subscription Agreement (Silverado Foods Inc)
Corporate Existence and Taxes. For as long as any Convertible Debentures Shares remain outstanding, the Company shall, shall maintain its corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company disputes in good faith and for which adequate reserves are established on the Company's books and records.
Appears in 1 contract
Samples: Stock Purchase and Merger Agreement (Prologic Management Systems Inc)
Corporate Existence and Taxes. For as long as any Convertible Debentures remain outstanding, the Company and its subsidiaries shall, maintain its their corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company disputes or its subsidiaries dispute in good faith and for which adequate reserves are established on the Company's or its subsidiaries books and records.
Appears in 1 contract
Samples: Securities Subscription Agreement (Environmental Solutions Worldwide Inc)
Corporate Existence and Taxes. For as long as any Convertible Debentures and Warrant remain outstanding, the Company shall, shall maintain its corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company disputes in good faith and for which adequate reserves are established on the Company's books and records.
Appears in 1 contract
Samples: Securities Subscription Agreement (American International Petroleum Corp /Nv/)
Corporate Existence and Taxes. For as long as any Convertible Debentures Notes remain outstanding, the Company shall, maintain its their corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company disputes in good faith and for which adequate reserves are established on the Company's ’s books and records.
Appears in 1 contract
Corporate Existence and Taxes. For as long as any Convertible Debentures Warrants remain outstanding, the Company shall, maintain its corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company disputes in good faith and for which adequate reserves are established on the Company's ’s books and records.
Appears in 1 contract
Corporate Existence and Taxes. For as long as any Convertible Debentures and Warrants remain outstanding, the Company shall, shall maintain its corporate existence in good standing, and shall pay all its taxes when due except for taxes which the Company disputes in good faith and for which adequate reserves are established on the Company's books and records.
Appears in 1 contract
Samples: Securities Subscription Agreement (Bodisen Biotech, Inc)
