Common use of Taxes, Etc Clause in Contracts

Taxes, Etc. All Federal, state and local tax returns and other reports required by applicable law to be filed by any Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereof.

Appears in 8 contracts

Sources: Financing Agreement (Frederick's of Hollywood Group Inc /Ny/), Financing Agreement (Frederick's of Hollywood Group Inc /Ny/), Financing Agreement (High Voltage Engineering Corp)

Taxes, Etc. All Federal, state and local tax returns and other reports required by applicable law to be filed by any Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereofthereof on the Financial Statements in accordance with GAAP.

Appears in 8 contracts

Sources: Financing Agreement (Modtech Holdings Inc), Financing Agreement (Composite Technology Corp), Credit Agreement (Cornerworld Corp)

Taxes, Etc. All Federal, state and local tax returns and other reports required by applicable law to be filed by any Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereofthereof in accordance with GAAP.

Appears in 5 contracts

Sources: Financing Agreement (Xcel Pharmaceuticals Inc), Financing Agreement (Metalico Inc), Credit Agreement (Imperial Petroleum Inc)

Taxes, Etc. All Federal, state and local tax returns and other reports required by applicable law Law to be filed by any Loan Party have been filed, or extensions have been obtained, and all Federal and other material taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereofthereof on the Financial Statements in accordance with GAAP.

Appears in 3 contracts

Sources: Financing Agreement (Life Sciences Research Inc), Financing Agreement (Life Sciences Research Inc), Financing Agreement (Life Sciences Research Inc)

Taxes, Etc. All Federal, state and local tax returns and other reports required by applicable law to be filed by any Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereofthereof on the Financial Statements in accordance with GAAP.

Appears in 2 contracts

Sources: Financing Agreement (Enherent Corp), Financing Agreement (Enherent Corp)

Taxes, Etc. All Federal, state and local tax returns and other reports required by applicable law to be filed by any Loan Credit Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Credit Party or any property of any Loan Credit Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereofthereof in accordance with GAAP.

Appears in 2 contracts

Sources: Note Purchase Agreement (Vanguard Car Rental Group Inc.), Note Purchase Agreement (Vanguard Car Rental Group Inc.)

Taxes, Etc. All Federal, state and material local tax returns and other reports required by applicable law Requirements of Law to be filed by any Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereofthereof on the Financial Statements in accordance with GAAP.

Appears in 2 contracts

Sources: Financing Agreement (Delek US Holdings, Inc.), Financing Agreement (Delek US Holdings, Inc.)

Taxes, Etc. All Federal, state and material local tax returns and other reports required by applicable law Requirements of Law to be filed by any Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment non‑payment thereof and with respect to which adequate reserves have been set aside for the payment thereofthereof on the Financial Statements in accordance with GAAP.

Appears in 2 contracts

Sources: Financing Agreement (Delek US Holdings, Inc.), Financing Agreement (Delek US Holdings, Inc.)

Taxes, Etc. All Federal, state and material local tax returns and other reports required by applicable law to be filed by any Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property Property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except as set forth on Schedule 6.01(j) and except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereof.

Appears in 1 contract

Sources: Financing Agreement (Sunterra Corp)

Taxes, Etc. All Federalfederal, state and material local tax returns and other reports required by applicable law to be filed by any Loan Party have been filed, or extensions have been obtained, and all material taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except as set forth on Schedule 5.1(k) hereto and except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereof.

Appears in 1 contract

Sources: Loan Agreement (Sunterra Corp)

Taxes, Etc. All Federal, state and local tax returns and other ----------- reports required by applicable law to be filed by any each Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-non- payment thereof and with respect to which adequate reserves have been set aside for the payment thereof.

Appears in 1 contract

Sources: Term Loan Agreement (Polyphase Corp)

Taxes, Etc. All Federal, state and local tax returns and other reports (other than any immaterial reports) required by applicable law to be filed by any Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereofthereof in accordance with GAAP.

Appears in 1 contract

Sources: Financing Agreement (Spheris Inc.)

Taxes, Etc. All Federal, federal and foreign and all material state and local tax returns and other material reports required by applicable law to be filed by any Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereofthereof in accordance with GAAP.

Appears in 1 contract

Sources: Financing Agreement (Oglebay Norton Co /Ohio/)

Taxes, Etc. All Federal, state and local tax returns and other reports required by applicable law to be filed by any Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereofthereof in accordance with GAAP.

Appears in 1 contract

Sources: Credit Agreement (Packaged Ice Inc)

Taxes, Etc. All material Federal, state and local tax returns and other reports required by applicable law to be filed by any Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereofthereof in accordance with GAAP.

Appears in 1 contract

Sources: Financing Agreement (Elgar Holdings Inc)

Taxes, Etc. All Federal, Federal and material state and local tax returns and other reports required by applicable law to be filed by any Loan Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Party or any property of any Loan Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereofthereof in accordance with GAAP.

Appears in 1 contract

Sources: Credit Agreement (KCS Energy Inc)

Taxes, Etc. All Federal, state and local tax returns and other reports required by applicable law to be filed by any Loan Credit Party have been filed, or extensions have been obtained, and all taxes, assessments and other governmental charges imposed upon any Loan Credit Party or any property of any Loan Credit Party and which have become due and payable on or prior to the date hereof have been paid, except to the extent contested in good faith by proper proceedings which stay the imposition of any penalty, fine or Lien resulting from the non-payment thereof and with respect to which adequate reserves have been set aside for the payment thereof.

Appears in 1 contract

Sources: Intercreditor and Subordination Agreement (Frederick's of Hollywood Group Inc /Ny/)