Patriot and the Bank have filed all foreign and federal, and all material state and local Tax Returns and other reports, each is required by law to file and has paid all Taxes, assessments, fees and other governmental charges that are due and payable (except those which are being properly contested in good faith). The provision for Taxes on the books of Patriot and the Bank is, in the reasonable business judgment of Patriot and the Bank, adequate for all years not closed by Law, and for its current fiscal year, and Patriot and the Bank do not have any knowledge of any material deficiency or additional material assessment in connection therewith not provided for on their books.