Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 38 contracts
Samples: Letter of Credit Sub Facility) (Golden State Vintners Inc), Term Loan Credit Agreement (Scheid Vineyards Inc), Loan Disbursement Instructions (Scientific Technologies Inc)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's ’s issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 9 contracts
Samples: Credit Agreement (Primoris Services Corp), Credit Agreement (Alphatec Holdings, Inc.), Credit Agreement (Guidance Software, Inc.)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the any Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 4 contracts
Samples: Credit Agreement (Tag It Pacific Inc), Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.. 6.8
Appears in 2 contracts
Samples: Agreement (Golden State Vintners Inc), Agreement (Golden State Vintners Inc)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, . trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Samples: Term Loan Agreement (Atg Inc)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, hereof the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Samples: Commercial Credit Agreement (Interactive Group Inc)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment. 5.05.
Appears in 1 contract
Samples: Line of Credit Agreement (Applied Signal Technology Inc)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment. 5.06.
Appears in 1 contract
Samples: Commercial Credit Agreement (Applied Signal Technology Inc)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For the purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Samples: 8 Term Loan Agreement (Atg Inc)
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its known liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agencyfaith. For purposes hereof, the Borrower's ’s issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its their liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the any Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Payment of Obligations and Taxes. Make timely payment of all assessments and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the time same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
Payment of Obligations and Taxes. Make timely payment of all assessments -------------------------------- and taxes and all of its liabilities and obligations including, but not limited to, trade payables, unless the same are being contested in good faith by appropriate proceedings with the appropriate court or regulatory agency. For purposes hereof, the Borrower's issuance of a check, draft or similar instrument without delivery to the intended payee shall not constitute payment.
Appears in 1 contract
