Common use of Payment of Debts Clause in Contracts

Payment of Debts. Borrower will pay or cause to be paid all of its Debt prior to the date on which penalties attach thereto (except to the extent and so long as the payment thereof is being properly contested in good faith by appropriate proceedings and adequate reserves have been established therefor).

Payment of Debts. Borrower will pay or cause to be paid all of its Debt paid, prior to the date on which penalties attach thereto all of its Debt (except to the extent and so long as the payment thereof is being properly contested in good faith by appropriate proceedings and adequate reserves have been established therefor), or where such failure to so pay could not reasonably be expected to result in a Material Adverse Effect.