Borrower shall pay and discharge when due any and all indebtedness, obligations, assessments, governmental charges, levies and Taxes (except for Taxes in the aggregate amount not to exceed $250,000 over the term of the Term Loan or otherwise contested and reserved for in compliance with clauses (a) and (b) below), both real or personal, including without limitation federal and state income Taxes and state and local property Taxes and assessments with respect to each REO Property, except (a) such as Borrower may in good faith contest or as to which a bona fide dispute may arise and so long as there does not exist any risk of loss or forfeiture of any REO Property, and (b) for which Borrower has made provision, to Agent’s satisfaction, for eventual payment thereof in the event Borrower is obligated to make such payment.