Payment of Creditors Sample Clauses

Payment of Creditors. Seller will maintain sufficient assets to pay, and will pay, all known undisputed amounts owing its creditors when due (other than in respect of obligations or liabilities assumed by Buyer under this Agreement).
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Payment of Creditors. SiTech will cause SiTechto, pay all debts and obligations of SiTech in existence on the Closing Date in full on or before the due date thereof.
Payment of Creditors. Within ninety (90) days of the Closing Date, each of the Sellers shall pay off entirely all of their respective creditors, except with respect to the Assumed Liabilities. In the event Buyer receives notice from any of Sellers' creditors that any debt not an Assumed Liability has not been paid off subsequent to the ninety (90) day period stated herein, Purchaser will notify the appropriate Seller and the Parent in writing, with sufficient detail as to the name of the Creditor and the amount due, and Seller and/or Parent will pay said creditor any amounts properly due and owing with five (5) business days of its receipt of said notice. Notwithstanding anything to the contrary contained herein, the Liability owing to Paragon Scientific Corporation shall not be subject to the payment terms contained herein, provided that the Sellers are actively pursuing a settlement with Paragon Scientific Corporation.
Payment of Creditors. The LLC shall pay (or shall make adequate provision to pay) its creditors, including members who are creditors.
Payment of Creditors. The Corporation will pay or adequately provide for the debts and obligations of the Corporation, pursuant to Sections 30-3-114 and 30-3-115 of Idaho Code. Transferring Records
Payment of Creditors. The main current features of this service are detailed below.
Payment of Creditors. It is the responsibility of the Regional Council under direction from the Regional Council Treasurer to ensure that all creditors are paid and all debtors meet their obligations.
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Payment of Creditors. The Target Group Companies have paid their creditors within the times agreed with them and, without limiting the foregoing, no debt owing by the Target Group Companies has been outstanding for more than 90 days from the due date and is undisputed. Disputed debt is correctly and completely listed in Schedule 7.3.1.2.
Payment of Creditors. Seller shall pay all amounts owing its creditors when due, excluding Assumed Liabilities and amounts withheld pending the resolution of any good faith disputes.
Payment of Creditors. In the ordinary course of business, Seller and Seller's Affiliates shall, from the cash portion of the purchase price received, pay off entirely all of obligations and liabilities of Seller and Seller's Affiliates, except the Assumed Liabilities.
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