Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 42 contracts
Samples: Credit Agreement (Golden State Vintners Inc), Credit Agreement (Golden State Vintners Inc), Credit Agreement (Scientific Technologies Inc)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's ’s issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 10 contracts
Samples: Trade Finance Credit Agreement, Credit Agreement (Primoris Services Corp), Credit Agreement (Biolase Technology Inc)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the any Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 4 contracts
Samples: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc), Credit Agreement (Tag It Pacific Inc)
Payment of Obligations and Taxes. Make Borrower shall make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 3 contracts
Samples: Loan Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Truett-Hurst, Inc.), Loan Agreement (Point.360)
Payment of Obligations and Taxes. Make Borrower shall make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's ’s issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 3 contracts
Samples: Loan and Security Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Guidance Software, Inc.)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its known liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agencyfaith. For purposes hereof, the Borrower's ’s issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
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Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its their liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the any Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, hereof the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Samples: Commercial Credit Agreement (Interactive Group Inc)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Payment of Obligations and Taxes. Make timely payment of all assessments -------------------------------- and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, . trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Samples: Term Loan Agreement (Atg Inc)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the time same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For the purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Samples: Term Loan Agreement (Atg Inc)