Common use of Payment of Trade Liabilities, Taxes, etc Clause in Contracts

Payment of Trade Liabilities, Taxes, etc. Buyer and each of ----------------------------------------- its Subsidiaries will (a) timely file all required Tax Returns; (b) timely pay all Taxes, assessments, and other governmental charges or levies imposed upon it or upon its income, profits or property; (c) timely withhold and pay over to the proper Governmental Entity all amounts required to be withheld and paid over under Applicable Laws; (d) pay when due all Liabilities owed by it on ordinary trade terms to vendors, suppliers and other Persons providing goods and services used by it in the ordinary course of its business; (e) pay and discharge when due all other Liabilities now or hereafter owed by it; and (f) maintain appropriate accruals and reserves for all of the foregoing in accordance with U.S. GAAP. Buyer and each of its Subsidiaries may, however, delay paying or discharging any of the foregoing so long as it is in good faith contesting the validity thereof by appropriate proceedings and has set aside on its books adequate reserves therefor.

Payment of Trade Liabilities, Taxes, etc. Buyer The Company and each of ----------------------------------------- its Subsidiaries will (a) timely file all required Tax Returns; (b) timely pay all Taxes, assessments, and other governmental charges or levies imposed upon it or upon its income, profits or property; (c) timely withhold and pay over to the proper Governmental Entity all amounts required to be withheld and paid over under Applicable Laws; (d) pay when due all Liabilities owed by it on ordinary trade terms to vendors, suppliers and other Persons providing goods and services used by it in the ordinary course of its business; (e) pay and discharge when due all other Liabilities now or hereafter owed by it; and (f) maintain appropriate accruals and reserves for all of the foregoing in accordance with U.S. GAAP. Buyer The Company and each of its Subsidiaries may, however, delay paying or discharging any of the foregoing so long as it is in good faith contesting the validity thereof by appropriate proceedings and has set aside on its books adequate reserves therefor.

Payment of Trade Liabilities, Taxes, etc. Buyer and each of ----------------------------------------- its Subsidiaries Each Restricted Person will (a) timely file all required Tax Returnstax returns including any extensions; (b) timely pay all Taxestaxes, assessments, and other governmental charges or levies imposed upon it or upon its income, profits or propertyproperty before the same become delinquent; (c) timely withhold and within ninety (90) days past the original invoice billing date therefor same becomes due pay over to the proper Governmental Entity all amounts required to be withheld and paid over under Applicable Laws; (d) pay when due all Liabilities owed by it on ordinary trade terms to vendors, suppliers and other Persons providing goods and services used by it in the ordinary course of its business; (ed) pay and discharge when due all other Liabilities now or hereafter owed by it, other than royalty payments suspended in the ordinary course of business; and (fe) maintain appropriate accruals and reserves for all of the foregoing in accordance with U.S. GAAP. Buyer and each of its Subsidiaries Each Restricted Person may, however, delay paying or discharging any of the foregoing so long as it is in good faith contesting the validity thereof by appropriate proceedings proceedings, if necessary, and has set aside on its books adequate reserves therefortherefore which are required by GAAP.

Payment of Trade Liabilities, Taxes, etc. Buyer and each of Each Restricted ----------------------------------------- its Subsidiaries Person will (a) timely file all required Tax Returnstax returns (including any extensions); (b) timely pay all Taxestaxes, assessments, and other governmental charges or levies imposed upon it or upon its income, profits or property; (c) timely withhold and within one hundred twenty (120) days after the date such goods are delivered or such services are rendered, pay over to the proper Governmental Entity all amounts required to be withheld and paid over under Applicable Laws; (d) pay when due all Liabilities owed by it on ordinary trade terms to vendors, suppliers and other Persons providing goods and services used by it in the ordinary course of its business; (ed) pay and discharge when due all other Liabilities now or hereafter owed by it, other than royalty payments suspended in the ordinary course of business; and (fe) maintain appropriate accruals and reserves for all of the foregoing in accordance with U.S. GAAP. Buyer and each of its Subsidiaries Each Restricted Person may, however, delay paying or discharging any of the foregoing so long as it is in good faith contesting the validity thereof by appropriate proceedings proceedings, if necessary, and has set aside on its books adequate reserves therefortherefor which are required by GAAP.

Payment of Trade Liabilities, Taxes, etc. Buyer The Company and each of ----------------------------------------- its Subsidiaries will (a) timely file all required Tax Returns; (b) timely pay all Taxes, assessments, and other governmental charges or levies imposed upon it or upon its income, profits or property; (c) timely withhold and pay over to the proper Governmental Entity all amounts required to be withheld and paid over under Applicable Laws; (d) pay when due all Liabilities owed by it on ordinary trade terms to vendors, suppliers and other Persons providing goods and services used by it in the ordinary course of its business; (e) pay and discharge when due all other Liabilities now or hereafter owed by it; and (f) maintain appropriate accruals and reserves for all of the foregoing in accordance with U.S. GAAP. Buyer The Company and each of its Subsidiaries may, however, delay paying or discharging any of the foregoing so long as it is in good faith contesting the validity thereof by appropriate proceedings and has set aside on its books adequate reserves therefor.