Common use of Tax Lien Clause in Contracts

Tax Lien. Any of the Obligors shall have a federal or state tax Lien filed against any of its properties.

Appears in 6 contracts

Sources: Loan and Security Agreement (SLS International Inc), Loan Agreement (Karts International Inc), Loan Agreement (Karts International Inc)

Tax Lien. Any of the Obligors shall have a federal or state tax Lien filed against any of its propertiesproperties which such Obligors are not contesting in good faith.

Appears in 1 contract

Sources: Note Purchase Agreement (Obsidian Enterprises Inc)

Tax Lien. Any of the Obligors shall have a federal or state tax Lien lien filed against any of its properties.

Appears in 1 contract

Sources: Revolving Account Transfer and Purchase Agreement (Oryx Technology Corp)