Xxxes. To the best of Borrower's knowledge, xxx xx Xorrower's tax returns xxx xxxorts that are or were required to be filed, have been filed, and all taxes, assessments and other governmental charges have been paid in full, except those presently being or to be contested by Borrower in good faith in the ordinary course of business and for which adequate reserves have been provided.
Xxxes. Ox Xxxxx xxxxx be responsible for any and all real estate taxes, personal property, asset taxes, admission taxes, sales taxes, resale taxes and all other taxes related to the Theater and the operation of On Stage's business which are incurred during the Term of this Lease Agreement. On Stage agrees that in the event any taxes are not paid in a timely manner, that OFT shall have the right to pay the unpaid taxes directly, for which On Stage shall promptly reimburse OFT for, together with costs, penalties (if any) and interest. In the event any of the above-mentioned tax bills are sent directly to OFT, OFT hereby agrees to promptly forward the same on to On Stage and On Stage hereby agrees to satisfy the same on or before the respective due dates thereof. OFT shall be responsible for any and all taxes levied against the Theater and/or its operations, which occur either before or after the Term of this Agreement and OFT agrees to pro-rate any tax liability accordingly. More specifically, OFT shall pro-rate each parties tax liability for 2001 and estimate the taxes which may be due during the 2003.
Xxxes. Seller has timely filed or will timely file with the appropriate governmental agencies all tax returns, information returns and reports required to have been filed with respect to all periods ending on or before the Closing Date. Seller has paid, or will pay, in full, as of the Closing Date, all taxes, interest, penalties, assessments, deficiencies and other charges ("Taxes"), the non-payment of which could result in the imposition of Taxes on Buyer or the imposition of a lien on or in any of the Assets, or that could otherwise result in a risk of forfeiture of any of the Assets. Seller has not filed or entered into any election, consent or extension agreement which extends any applicable statute of limitations. Seller has made adequate provisions for all accrued and unpaid Taxes of Seller. To the best of Seller's knowledge, Seller is not a party to any action or proceeding pending or threatened by any governmental authority for assessment or collection of Taxes, no unresolved claims for assessment or collection of such Taxes has been asserted against it, and no audit or investigation by governmental authorities is underway.
Xxxes. FCX, FI and their Subsidiaries have filed or caused to be filed all material Federal, state, local and foreign tax (including Indonesian) returns which are required to be filed by them, and have paid or caused to be paid all taxes shown to be due and payable on such returns or on any assessments received by any of them, other than any taxes or assessments the validity of which FCX, FI or any Subsidiary is contesting in good faith by appropriate proceedings, and with respect to which FCX, FI or such Subsidiary shall, to the extent required by GAAP, have set aside on its books adequate reserves.
Xxxes. The Borrower hereby agrees to pay all stamp, document, transfer, recording, filing, registration, search, sales and excise fees and taxes and all similar impositions now or hereafter determined by any Lender Party to be payable in connection with this Agreement or any other Loan Documents or any other documents, instruments or transactions pursuant to or in connection herewith or therewith, and the Borrower agrees to save each Lender Party harmless from and against any and all present or future claims, liabilities or losses with respect to or resulting from any omission to pay or delay in paying any such fees, taxes or impositions.
Xxxes. Empxxxxx xx xxxxxxxxxx xx xxxxxxxx (xxxx xxx xxmpensation or benefits payable hereunder to Executive) such amounts for income tax, social security, unemployment compensation, and other taxes as shall be necessary or appropriate in the reasonable judgment of Employer to comply with applicable laws and regulations.
