Common use of Litigation and Taxes Clause in Contracts

Litigation and Taxes. Except as set forth in Schedule 7.10, there is no litigation, demand, charge, claim, petition or governmental investigation or proceeding pending, or to Borrower’s knowledge threatened, against any Credit Party or their respective officers. Borrower has duly filed all applicable income or other tax returns and has paid all income or other taxes when due. There is no controversy or objection pending, or to the Borrower’s knowledge, threatened in respect of any tax returns of Borrower.

Appears in 6 contracts

Samples: Agreement, Security Agreement (Sunpeaks Ventures, Inc.), Guaranty Agreement (Sunpeaks Ventures, Inc.)

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Litigation and Taxes. Except as set forth in Schedule 7.10, there is no litigation, demand, charge, claim, petition or governmental investigation or proceeding pending, or to Borrower’s knowledge threatened, against any Credit Party the Borrower or their respective its officers. Borrower has duly filed all applicable income or other tax returns and has paid all income or other taxes when due. There is no controversy or objection pending, or to the Borrower’s knowledge, threatened in respect of any tax returns of Borrower.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (Redfin Network, Inc.)

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Litigation and Taxes. Except as set forth in Schedule 7.10, there is no litigation, demand, charge, claim, petition or governmental investigation or proceeding pending, or to Borrower’s 's knowledge threatened, against any Credit Party Borrower, its Subsidiaries or their respective officersofficers or shareholders. Borrower has duly filed all applicable income or other tax returns and has paid all income or other taxes when due. There is no controversy or objection pending, or to the Borrower’s knowledge, threatened in respect of any tax returns of Borrower.

Appears in 1 contract

Samples: Credit Agreement (TouchIT Technologies, Inc.)

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