Common use of Prompt Payment of Obligations Clause in Contracts

Prompt Payment of Obligations. THE APPLICANT acknowledges that THE APPLICANT'S payment practices can impact the willingness of third parties to do business with, and extend credit to, others. Therefore, THE APPLCANT SHALL also timely pay all obligations and liabilities due and payable to vendors, suppliers, distributors, the LANDLORD, and other parties to whom THE APPLICANT incurs obligations in connection with the Pradhan Mantri Xxxxxxxx Xxxxxxxxxxx Xxxxxx.

Prompt Payment of Obligations. THE APPLICANT acknowledges that THE APPLICANT'S payment practices can impact the willingness of third parties to do business with, and extend credit to, others. Therefore, THE APPLCANT SHALL also timely pay all obligations and liabilities due and payable to vendors, suppliers, distributors, the LANDLORD, and other parties to whom THE APPLICANT incurs obligations in connection with the Pradhan Mantri Xxxxxxxx Xxxxxxxxxxx Bhartiya Janaushadhi Xxxxxx.

Prompt Payment of Obligations. THE APPLICANT acknowledges that THE APPLICANT'S payment practices can impact the willingness of third parties to do business with, and extend credit to, others. Therefore, THE APPLCANT THEAPPLCANT SHALL also timely pay all obligations and liabilities due and payable to vendors, suppliers, distributors, the LANDLORD, and other parties to whom THE APPLICANT incurs obligations in connection with the Pradhan Mantri Xxxxxxxx Xxxxxxxxxxx Xxxxxx.