No Arrears. The Company is not and will not pending Completion be in arrears with any payment or returns under the GST Act or liable to any abnormal or non-routine payment or any forfeiture or penalty or to the operation of any penal provision and where payment is not yet due or receivable has provided for such payment;
No Arrears. There is no obligation or amount due to or in respect of any Employee or other personnel or former employee or personnel of any Group Company in connection with or arising from his employment or engagement, which is in arrears or unsatisfied at the date of this Deed (other than his normal salary for the month current).
No Arrears. There are no arrears in the payment of wages, taxes or workers compensation assessments or penalties, and Cartesian has deducted and timely remitted to the relevant governmental authority all taxes, unemployment insurance contributions or other amounts which it is required by statute to deduct or remit to any governmental authority;
No Arrears. The payment to the Landlord of all rents and other sums which shall have fallen due under this Lease prior to the Date of Assignment
No Arrears. ORDC shall deem OHI-RAIL’s performance to be satisfactory in this category if OHI-RAIL is not in arrears on (other than usual and customary payment terms) and has no undisputed liens due to non-payment on any of the following:
(i) Federal, state, and local taxes, fees or penalties;
(ii) monies due contractors or vendors for performance of work on, or providing materials and equipment used on the Piney Fork Rail Line;
(iii) any monies due other railroads for charges resulting from operations on the Piney Fork Rail Line.
(iv) Any items covered under this Section that are the subject of valid disputes by OHI- RAIL, whether in a court of competent jurisdiction, arbitration, or other appropriate forum are expressly to be considered by ORDC as satisfactory until proven otherwise as a valid claim or lien, provided that OHI-RAIL deposits any disputed payments in an escrow account suitable to ORDC.
No Arrears. All and any taxes, insurance payments or any other payments due by the Client (and the Guarantor, if applicable) have been paid in an appropriate manner and time to the respective public authority. The Client (and the Guarantor, if applicable), duly collects all its tax receivables.
No Arrears. All rent, rates and other amounts presently payable in respect of each of the Business Premises has been paid or accrued.
