Taxes. Parent will, and will cause each of its Restricted Subsidiaries to, pay in full before delinquency or before the expiration of any extension period all Taxes imposed, levied, or assessed against it, or any of its assets or in respect of any of its income, businesses, or franchises, other than Taxes not in excess of ​ outstanding at any time and other than to the extent that the validity of such Tax is the subject of a Permitted Protest.

Taxes. ParentBorrower will, and will cause Parent and each Subsidiary of its Restricted SubsidiariesParent to, pay in full before delinquency or before the expiration of any extension period all Taxesgovernmental assessments and taxes imposed, levied, or assessed against it, or any of its assets or in respect of any of its income, businesses, or franchises, other than Taxes not in excess of ​ outstanding at any time and other thanexcept # to the extent that the validity of such Taxgovernmental assessment or tax is the subject of a Permitted Protest.Protest or # to the extent that any failure to pay such assessments and taxes could not reasonably be expected, either individually or in the aggregate, to result in liabilities in excess of ​.