Example ContractsClausestransfer taxesVariants
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Taxes. The Servicer will file all federal tax returns and all other material tax returns that are required to be filed by it and pay any and all Taxes shown on such tax returns and any other material Taxes, including those required to meet the obligations of the Basic Documents; provided, however, that the Servicer shall not be required to pay any such Tax if and so long as the amount, applicability or validity thereof # is being contested in good faith by appropriate proceedings and with respect to which reserves in accordance with GAAP have been provided on the books of the Servicer or # to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect.

Taxes. The Servicer will filehas filed or caused to be filed all federal tax returns and all other material tax returns that are required to be filed by it and pay any andall such returns are correct in all material respects. The Servicer has paid or made adequate provisions for the payment of all Taxes shown on such tax returns and all material assessments made against it or any other material Taxes, including those required to meetof its property (other than # any amount of Tax the obligationsvalidity of the Basic Documents; provided, however, that the Servicer shall not be required to pay any such Tax if and so long as the amount, applicability or validity thereof #which is currently being contested in good faith by appropriate proceedings and with respect to which reserves in accordance with GAAP have been provided on the books of the ServicerServicer, or # to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect.Effect).

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