Payment Of Liabilities To Third Persons. Each Borrower and each other Loan Party shall pay when and as due, or within applicable grace periods, all liabilities due to third persons, except when the amount thereof is being contested in good faith by appropriate proceedings and with adequate reserves therefor being set aside by it.
Payment Of Liabilities To Third Persons. Each of the BORROWERS shall pay when and as due, or within applicable grace periods, all liabilities due to third persons, except when the amount thereof is being contested in good faith by appropriate proceedings and with adequate reserves therefor being set aside.
Payment Of Liabilities To Third Persons. The BORROWER shall pay when and as due, or within applicable grace periods, all liabilities due to third persons which either individually or in the aggregate unpaid amount exceed Two Million Dollars ($2,000,000.00), except when the amount thereof is being contested in good faith by appropriate proceedings and with adequate reserves therefor being set aside.
Payment Of Liabilities To Third Persons. Each of the GUARANTORS shall pay when and as due, or within applicable grace periods, all LIABILITIES owed by it to third PERSONS, except when the amount thereof is being contested in good faith by appropriate proceedings and with adequate reserves therefor being set aside by it.