Government Payments definition
Examples of Government Payments in a sentence
For purposes of this absolute assignment, the term “Rents” shall not be deemed to include Government Payments to the extent and for so long as assignment of such payments or receivables is prohibited by applicable law.
Government Payments and Subsidies - Under these programs, usually the producer (tenant) receives the payments and subsidies in the same proportion as the share of the crop (or a stated amount or percentage).
All Government Payments required to be paid or withheld and deposited in connection with the operations of Seller have been duly and timely paid or deposited by Seller.
Except as disclosed in Schedule 4.18, Seller has never (a) had a tax deficiency proposed, asserted or assessed against it, (b) executed any waiver of any statute of limitations on the assessment or collection of any Government Payments, or (c) been delinquent in the payment of any Government Payments, within the last three (3) years.
All Government Payments required to be paid or withheld and deposited in connection with the operations of the Company or any Subsidiary have been duly and timely paid or deposited by the Company or such Subsidiary.