Common use of Payment, Performance and Discharge of Obligations Clause in Contracts

Payment, Performance and Discharge of Obligations. (i) Subject to Section 5.01(e)(ii), the Seller shall pay, perform and discharge or cause to be paid, performed and discharged promptly all charges payable by it, including (A) charges imposed upon it, its income and profits, or any of its property (real, personal or mixed) and all charges with respect to taxes, social security and unemployment withholding with respect to its employees, and (B) lawful claims for labor, materials, supplies and services or otherwise before any such amounts shall become past due.

Appears in 3 contracts

Samples: Purchase Agreement (Synnex Information Technologies Inc), Receivables Transfer Agreement (Synnex Corp), Purchase Agreement (Avondale Inc)

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Payment, Performance and Discharge of Obligations. (i) Subject to Section 5.01(e)(ii), the Seller Borrower shall pay, perform and discharge or cause to be paid, performed and discharged promptly all charges and claims payable by it, including (A) charges Charges imposed upon it, its income and profits, or any of its property (real, personal or mixed) and all charges Charges with respect to taxestax, social security and unemployment withholding with respect to its employees, and (B) lawful claims for labor, materials, supplies and services or otherwise before any such amounts thereof shall become past due.

Appears in 2 contracts

Samples: Receivables Funding Agreement (Alpine Group Inc /De/), Receivables Funding Agreement (Superior Telecom Inc)

Payment, Performance and Discharge of Obligations. (i) Subject to Section 5.01(e)(ii), the Seller shall pay, perform and discharge or cause to be paid, performed and discharged promptly all charges payable by it, including (A) charges imposed upon it, its income and profits, or any of its property (real, personal or mixed) and all charges with respect to taxestax, social security and unemployment withholding with respect to its employees, and (B) lawful claims for labor, materials, supplies and services or otherwise before any such amounts thereof shall become past due.

Appears in 1 contract

Samples: Purchase Agreement (Wabash National Corp /De)

Payment, Performance and Discharge of Obligations. (i) Subject to Section 5.01(e)(ii), the Seller Borrower shall pay, ------------------- perform and discharge or cause to be paid, performed and discharged promptly all charges payable by it, including (A) charges imposed upon it, its income and profits, or any of its property (real, personal or mixed) and all charges with respect to taxestax, social security and unemployment withholding with respect to its employees, and (B) lawful claims for labor, materials, supplies and services or otherwise before any such amounts thereof shall become past due.

Appears in 1 contract

Samples: Receivables Funding Agreement (Imperial Sugar Co /New/)

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Payment, Performance and Discharge of Obligations. (i) Subject to Section 5.01(e)(ii), the Seller Borrower shall pay, perform and discharge or cause to be paid, performed and discharged promptly all charges and claims payable by it, including (A) charges Charges imposed upon it, its income and profits, or any of its property (real, personal or mixed) and all charges Charges with respect to taxestax, social security and unemployment withholding with respect to its employees, and (B) lawful claims for labor, materials, supplies and services or otherwise before any such amounts thereof shall become past due.

Appears in 1 contract

Samples: Funding Agreement (Ak Steel Holding Corp)

Payment, Performance and Discharge of Obligations. (i) Subject to Section 5.01(e)(ii), the Seller Borrower shall pay, perform and discharge or cause to be paid, performed and discharged promptly all charges payable by it, including (A) charges imposed upon it, its income and profits, or any of its property (real, personal or mixed) and all charges with respect to taxestax, social security and unemployment withholding with respect to its employees, and (B) lawful claims for labor, materials, supplies and services or otherwise before any such amounts thereof shall become past due.

Appears in 1 contract

Samples: Receivables Funding Agreement (Labor Ready Inc)

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