Common use of Remittances Up to Date Clause in Contracts

Remittances Up to Date. All of the material remittances required to be made by the Borrower and its Subsidiaries to Governmental Authorities have been made, are currently up to date and there are no outstanding arrears, other than those which are being contested by Permitted Contest.

Appears in 9 contracts

Samples: Credit Agreement (Greenfire Resources Ltd.), Credit Agreement (Obsidian Energy Ltd.), Credit Agreement (Hammerhead Energy Inc.)

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Remittances Up to Date. All of the material remittances required to be made by Xxxxxx, the Borrower and its Subsidiaries to Governmental Authorities which are due and payable have been made, are currently up to date and there are no outstanding arrears, other than those which are being contested by Permitted Contest.

Appears in 2 contracts

Samples: Credit Agreement (Powell Industries Inc), Credit Agreement (Powell Industries Inc)

Remittances Up to Date. All of the material remittances required to be made by each Borrower, the Borrower Guarantors and its the Material Subsidiaries to Governmental Authorities have been made, made and are currently up to date and there are no outstanding arrears, other than those which are being contested by Permitted Contestwhere failure to make such remittances would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Enerflex Ltd.)

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Remittances Up to Date. All of the material remittances required to be made by the Borrower Parent and its Subsidiaries to Governmental Authorities have been made, are currently up to date and there are no outstanding arrears, other than those which are being contested by Permitted Contest.

Appears in 1 contract

Samples: Credit Agreement (Baytex Energy Corp.)

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