Payment of Accounts Payable. Allow any account payable to remain unpaid more than sixty (60) days after due date, except such as are (i) being contested in good faith and as to which adequate provision or accrual has been made, or (ii) the subject of usual and customary review and evaluation.
Payment of Accounts Payable. The Borrower will not allow any account payable to be in excess of sixty (60) days past due, except such as are being Contested in Good Faith.
Payment of Accounts Payable. Allow any account payable to remain unpaid after its due date, except such as are overdue that are acceptable to Bank, are being contested in good faith, and as to which adequate provision or accrual has been made.
Payment of Accounts Payable. Pay its accounts payable not later than thirty (30) days after their due date, except such as are being contested in good faith and as to which adequate provision or accrual has been made, provided that up to an aggregate amount of $500,000 of accounts payable not being so contested may be overdue by more than such number of days.
Payment of Accounts Payable. Pay any accounts payable of the Stations other than in the ordinary course of business consistent with past practice.
Payment of Accounts Payable. On or before the Closing Date, the Seller shall pay all accounts payable which the Seller receives more than thirty (30) days before the Closing Date.
Payment of Accounts Payable. Within 60 days of the Closing Date, ARC shall have paid in full all of its outstanding accounts payable as of the Closing Date, other than amounts which are the subject of a bona fide dispute (the "ARC Payables").
Payment of Accounts Payable. Except for those amounts expressly enumerated in Schedule 1.3(e) (as may be updated by the Parties from time to time) as an unpaid accounts payable constituting Assumed Contracts, no later than concurrent with or as soon as reasonably practicable following the Closing, Seller shall pay (i) all of its accounts payable that are payable to Persons engaged in the manufacture, shipment or storage of the Inventory and (ii) any other payables which, if not paid, would reasonably be expected to have a material adverse effect on Purchaser's conduct of the Business following the Closing.
Payment of Accounts Payable. Each Vendor hereby covenants and agrees to be responsible for and pay upon demand by the creditor (unless payment has previously been made by suh Vendor or is disputed in good faith by such Vendor) all debts, liabilities and obligations in respect of or relating to the Purchased Business and the Purchased Assets of such Vendor (exclusive of the Assumed Liabilities) up to and including the Effective Date save and except as set forth on Schedule 15. At the request of the Purchaser, the applicable Vendor shall provide written evidence of payment of accounts payable. To the extent that there is a dispute with any particular customer and/or supplier with respect to the validity of a particular account payable (or a portion thereof), the applicable Vendor shall provide notice to the Purchaser and Travelbyus together with particular details of such dispute and the applicable Vendor and the Purchaser shall attempt to resolve the dispute with the supplier, bearing in mind that such supplier may be a valued supplier of the Purchased Business.
Payment of Accounts Payable. Within 60 days of the Closing Date, Seller shall have paid in full all of its outstanding accounts payable as of the Closing Date, other than amounts which are the subject of a bona fide dispute (the "Seller Payables").
