Common use of Payment of Certain Claims Clause in Contracts

Payment of Certain Claims. The Company shall, and shall cause each of its Subsidiaries to, pay and discharge, before the same shall become delinquent, (a) all taxes, assessments, levies, and like charges imposed upon such Person or upon such Person's income, profits, or property by authorities having competent jurisdiction prior to the date on which penalties attached thereto and (b) all trade payables and current operating liabilities, unless the same are less than 90 days past due.