Common use of Payment of Debts and Liabilities Clause in Contracts

Payment of Debts and Liabilities. Seller shall pay all of its liabilities and debts which have arisen on or prior to the Closing Date as they become due and payable, except for Assumed Liabilities and amounts which Seller contests in good faith for which it maintains an adequate reserve.

Payment of Debts and Liabilities. Seller shall pay all of its liabilities and debts which that have arisen on or prior to the Closing Date as they become due and payable, except for Assumed Liabilities and amounts which Seller contests in good faith for which it maintains an adequate reserve.

Payment of Debts and Liabilities. Seller shall pay all of its liabilities and debts which have arisen on or prior to the Closing Date as they become due and payable, except for Assumed Liabilities and amounts which Seller contests in good faith for and to which it maintains an adequate reserve.

Payment of Debts and Liabilities. Seller shall pay all of its liabilities and debts which have arisen on or prior to the Closing Date as they become due and payableDate, except for the Assumed Liabilities and amounts which Seller contests in good faith for and to which it maintains an adequate reserve.