Common use of CASS Agreement Clause in Contracts

CASS Agreement. The Company will ensure that all amounts payable under the CASS Agreement are promptly paid when due unless such payment is being diligently contested in good faith by a member of the Group by appropriate proceedings and for which adequate reserves in accordance with generally accepted accounting principles of the relevant member of the Group have been set aside on its books.

CASS Agreement. The Company will ensure that all amounts payable under the CASS Agreement are promptly paid when due unless such payment is being diligently contested in good faith by a member of the Group by appropriate proceedings and for which adequate reserves in accordance with generally accepted accounting principles of the relevant member of the Group have been set aside on its books.. UTi Worldwide Inc. Note Purchase Agreement

CASS Agreement. (a) The Company will ensure that all amounts payable under the CASS Agreement are promptly paid when due unless such payment is being diligently contested in good faith by a member of the Group by appropriate proceedings and for which adequate reserves in accordance with generally accepted accounting principles of the relevant member of the Group have been set aside on its books. (b) No member of the Group may amend, modify or waive any of its rights under the CASS Agreement, except as may be required by CASS.

CASS Agreement. (a) The Company will must ensure that all amounts payable under the CASS Agreement are promptly paid when due unless such payment is being diligently contested in good faith by a member of the Group by appropriate proceedings and for which adequate reserves in accordance with generally accepted accounting principles of the relevant member of the Group have been set aside on its books. (b) No member of the Group may amend, modify or waive any of its rights under the CASS Agreement except as may be required by CASS under the terms of the CASS Agreement.