Common use of Claims or Liens for taxes Clause in Contracts

Claims or Liens for taxes. assessments or charges due and payable and subject to interest or penalty, provided that the applicable Loan Party maintains such reserves or other appropriate provisions as shall be required by GAAP and pays all such taxes, assessments or charges forthwith upon the commencement of proceedings to foreclose any such Lien;

Claims or Liens for taxes. assessments or charges due and payable and subject to interest or penalty, provided PROVIDED that the applicable Loan Party maintains such reserves or other appropriate provisions as shall be required by GAAP and pays all such taxes, assessments or charges forthwith upon the commencement of proceedings to foreclose any such Lien;

Claims or Liens for taxes. assessments or charges due and payable and subject to interest or penalty, provided that the applicable Loan Party Borrower maintains such reserves or other appropriate provisions as shall be required by GAAP and pays all such taxes, assessments or charges forthwith upon the commencement of proceedings to foreclose any such Lien;