Common use of Payment of Taxes and Indebtedness Clause in Contracts

Payment of Taxes and Indebtedness. The Pledgor shall promptly pay all liens, taxes, assessments, or contributions required by law which may come due and which are lawfully levied or assessed with respect to the Pledgor or any of the Collateral.

Appears in 6 contracts

Samples: Stock Pledge Agreement (Aura Systems Inc), Stock Pledge Agreement (Aura Systems Inc), Stock Pledge Agreement (Icm Asset Management Inc/Wa)

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Payment of Taxes and Indebtedness. The Pledgor shall promptly pay all liens, taxes, assessments, or contributions required by law which may come due and which are lawfully levied or assessed with respect to the Pledgor Pledgor, or any of the Collateral.

Appears in 2 contracts

Samples: Assignment, Assumption and Pledge Agreement (Genius Products Inc), Assignment, Assumption and Pledge Agreement (American Vantage Companies)

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