Debts and Obligations. Gulfstream shall pay and discharge or cause to be paid and discharged promptly all debts and obligations of Gulfstream as they come due; provided that Gulfstream may in good faith contest, by proper legal actions or proceedings, the validity or amount of any such debt or obligation and, for the duration of such contest, Gulfstream’s obligation pursuant to this paragraph (a) shall be suspended;
Debts and Obligations. The Authority is authorized to incur debts, liabilities, or obligations payable solely from the revenues derived from the provision of Treated Water or from any other available funds of the Authority.
Debts and Obligations. (Each of the parties shall be responsible for paying any debt, credit card or charge account listed in his or her name individually and shall indemnify and hold the other party harmless thereon.) or (other disposition.) (The parties acknowledge there are no joint debts.)
Debts and Obligations. 12.7.1 The loans, credit facilities and other borrowings or indebtedness of any nature whatsoever, including Intercompany Debt, (hereinafter the FINANCIAL FACILITIES), that have been contracted or incurred by BEA are listed in EXHIBIT 12.7.1 of this Agreement. They will be shown in the Closing Financial Statements.
Debts and Obligations. 27. Party 1 and Party 2 acknowledge and agree that each party shall be responsible for all debts incurred in her or his respective names from the date of separation and neither shall incur any debt or liability on the credit of the other, and each shall pay her and his own debts and will at all times keep indemnified the other from all debts and liabilities contracted by her or him. Party 1 or 2
Debts and Obligations. 49 4.6 Company Stockholders' Consent......................................................................49 4.7 Breach of Representations, Warranties, Agreements and Covenants....................................49 4.8 Consents...........................................................................................50 4.9 Indemnification....................................................................................50 4.10
Debts and Obligations. All debts and obligations which are for the benefit of both <<one>> and <<two>>, or which directly relate to the upkeep or maintenance of the House, shall be the common obligation of both <<one>> and <<two>>.
Debts and Obligations. All material debts or other obligations of the Business are set forth in the financial statements provided to the Buyer or the schedules hereto.
Debts and Obligations. CRC has paid, or will pay, all --------------------------- debts and performed or will perform all material obligations required as of the Effective Date of the Merger under the terms of all Contracts.
Debts and Obligations. Except as otherwise provided in the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member.
