Common use of Assessments Clause in Contracts

Assessments. Promptly pay and discharge all taxes, assessments, levies and other governmental charges imposed on it except such taxes, assessments, levies and other governmental charges that (i) are being contested in good faith by appropriate proceedings and for which the Company shall have set aside on its books adequate reserves or (ii) the failure to pay, satisfy or discharge would not reasonably be expected to result in a Material Adverse Effect.

Appears in 14 contracts

Samples: Receivables Loan Agreement (Huntsman International LLC), Receivables Purchase Agreement (Huntsman International LLC), European Receivables Loan Agreement

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Assessments. Promptly pay and discharge all taxes, assessments, levies and other governmental charges imposed on it except such taxes, assessments, levies and other governmental charges that (i) are being contested in good faith by appropriate proceedings and for which the Company shall have set aside on its books adequate reserves or and (ii) the failure to pay, satisfy or discharge would not reasonably be expected to not, in any event, result in a Material Adverse EffectEffect with respect to the Company.

Appears in 2 contracts

Samples: Pooling Agreement (American Axle & Manufacturing Holdings Inc), Pooling Agreement (American Axle & Manufacturing Inc)

Assessments. Promptly pay and discharge all taxes, assessments, assessments ----------- levies and other governmental charges imposed on it except such taxes, assessments, levies and other governmental charges that (i) are being contested in good faith by appropriate proceedings and for which the Company shall have set aside on its books adequate reserves or (ii) the failure to pay, satisfy or discharge would not reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Pooling Agreement (Huntsman Ici Chemicals LLC), Pooling Agreement (Huntsman Ici Holdings LLC)

Assessments. Promptly pay and discharge all taxes, assessments, levies and other governmental charges imposed on upon it except such taxes, assessments, levies and other governmental charges that (i) which are being contested in good faith by appropriate proceedings and for which the Company shall have Seller has set aside on its books adequate reserves or (ii) the failure to pay, satisfy or discharge would not reasonably be expected to result in a Material Adverse Effectreserves.

Appears in 1 contract

Samples: Receivables Sale Agreement (American Axle & Manufacturing Inc)

Assessments. Promptly pay and discharge all taxes, assessments, levies and other governmental charges imposed on it except such taxes, assessments, levies and other governmental charges that (i) are being contested in good faith by appropriate proceedings and for which the Company shall have set aside on its books adequate reserves or (ii) the failure to pay, satisfy or discharge would not reasonably be expected to result in a Material Adverse Effectconformity with GAAP.

Appears in 1 contract

Samples: Pooling Agreement (Ingram Micro Inc)

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Assessments. Promptly pay and discharge all taxes, assessments, levies and other governmental charges imposed on upon it except such taxes, assessments, levies and other governmental charges that (i) which are being contested in good faith by appropriate proceedings and for which the Company shall have Seller has set aside on its books adequate reserves or (ii) the failure to pay, satisfy or discharge would not reasonably be expected to result in a Material Adverse Effect.reserves. Receivables Sale Agreement

Appears in 1 contract

Samples: Receivables Sale Agreement (American Axle & Manufacturing Holdings Inc)

Assessments. Promptly pay and discharge all taxes, assessments, levies and other governmental charges imposed on it except such taxes, assessments, levies and other governmental charges that (i) are being contested in good faith by appropriate proceedings and for which the Company shall have set aside on its books adequate reserves or and (ii) the failure to pay, satisfy or discharge would not reasonably be expected to not, in any event, result in a Company Material Adverse Effect.

Appears in 1 contract

Samples: Pooling Agreement (Lifestyle Furnishings International LTD)

Assessments. Promptly pay and discharge all taxes, assessments, levies and other governmental charges imposed on it except such taxes, assessments, levies and other governmental charges that (i) which are being contested in good faith by appropriate proceedings and for which the Company shall have such Seller has set aside on its books adequate reserves or (ii) the failure to pay, satisfy or discharge would not reasonably be expected to result in a Material Adverse Effectreserves.

Appears in 1 contract

Samples: Receivables Sale Agreement (Lifestyle Furnishings International LTD)

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