Common use of Payment of Other Indebtedness, etc Clause in Contracts

Payment of Other Indebtedness, etc. Except as to matters being contested in good faith and by appropriate proceedings, each Borrower will, and will cause each Subsidiary to, pay promptly when due, or in conformance with customary trade terms, all other Indebtedness and obligations incident to the conduct of its business.

Appears in 5 contracts

Samples: Revolving Credit and Term Loan Agreement (Nashua Corp), Revolving Credit and Term Loan Agreement (Chemfab Corp), Revolving Credit Agreement (Dynamics Research Corp)

AutoNDA by SimpleDocs

Payment of Other Indebtedness, etc. Except as to matters being contested in good faith and by appropriate proceedings, each the Borrower will, and will cause each Subsidiary to, pay promptly when due, or in conformance with customary trade terms, due all other Indebtedness and obligations incident to the conduct of its businessIndebtedness.

Appears in 1 contract

Samples: Mortgage (Naco Industries Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!