Common use of Taxes; Governmental Charges Clause in Contracts

Taxes; Governmental Charges. Borrower and Guarantor have filed all tax returns and reports required to be filed and has paid all taxes, assessments, fees and other governmental charges levied upon it or its assets, properties or income which are due and payable, including interest and penalties, or has provided adequate reserves, if required, in accordance with GAAP for the payment thereof, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP have been provided.

Taxes; Governmental Charges. Borrower and Guarantor have filed all tax returns and reports required to be filed and has have paid all taxes, assessments, fees and other governmental charges levied upon it them or its their respective assets, properties or income which are due and payable, including interest and penalties, or has have provided adequate reserves, if required, in accordance with GAAP for the payment thereof, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP have been provided.

Taxes; Governmental Charges. Each Borrower and Guarantor have has filed all tax returns and reports required to be filed and has paid all taxes, assessments, fees and other governmental charges levied upon it or its assets, properties or income which are due and payable, including interest and penalties, or has provided adequate reserves, if required, in accordance with GAAP for the payment thereof, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP have been provided.

Taxes; Governmental Charges. Borrower and Guarantor have has filed all tax returns and reports required to be filed and has paid all taxes, assessments, fees and other other, governmental charges levied upon it or its assets, properties or income which are due and payable, including interest and penalties, or has provided adequate reserves, if required, in accordance with GAAP for the payment thereof, except such as are being contested in good faith by appropriate proceedings and for which adequate reserves for the payment thereof as required by GAAP have been provided.