Common use of Satisfaction of Obligations and Liabilities Clause in Contracts

Satisfaction of Obligations and Liabilities. Sellers shall use reasonable efforts to cause the Company to (i) pay or cause to be paid all of the obligations and liabilities arising out of its business as they mature, other than immaterial items disputed in good faith by Sellers or other items disputed with the written approval of Buyer, (ii) maintain in all material respects and perform in all material respects its obligations under all agreements and contracts to which it is bound in a manner consistent with past practice, and (iii) comply in all material respects with all requirements of applicable laws within the jurisdiction of its incorporation and all other jurisdictions in which the Company is doing business in a manner consistent with past practice. Sellers shall cause the Company to pay or cause to be paid in full when due all bills and invoices for labor, goods, materials, services and utilities of any kind relating to the Business which were contracted for by the Company or which were delivered to or performed on the Business other than immaterial items disputed by Sellers or other items disputed with the written approval of Buyer.