Common use of TAX INDEBTEDNESS Clause in Contracts

TAX INDEBTEDNESS. (a) Seller, by submission of a Quote, hereby certifies and represents that Seller and Seller's parent company(ies) and subsidiary(ies) are not currently indebted to the City of Philadelphia (the "City"), and will not at any time during the term of this Contract (including any extensions or renewals thereof) be indebted to the City, for or on account of any delinquent taxes (including, but not limited to, taxes collected by the City on be- half of the School District of Philadelphia), liens, judgments, fees or other debts for which no written agreement or payment plan satisfactory to the City has been established. In addition to any other rights or remedies available to the City at law or in equity, Seller acknowledges that any breach or failure to conform to this certification may, at the option of the City, result in the withholding of payments otherwise due to Seller and, if such breach or failure is not resolved to the City's satisfaction within a reason- able time frame specified by the City in writing, may result in the offset of any such indebtedness against said payments and/or the termination of this Contract for default (in which case Seller shall be liable for all excess costs and other damages resulting from the termination). (b) Seller shall require all subcontractors and suppliers performing work or supplying materials in connection with this Contract to be bound by the foregoing provision, and Seller shall cooperate fully with the City in exercising the rights and remedies described therein, or otherwise available at law or in equity, with respect to its subcontractors and suppliers.