Common use of Trade Accounts Payable Clause in Contracts

Trade Accounts Payable. Each of the Loan Parties will pay all trade accounts payable before the same become more than 90 days past due, except (a) trade accounts payable contested in good faith or (b) trade accounts payable in an aggregate amount not to exceed $100,000 at any time outstanding and with respect to which no proceeding to enforce collection has been commenced or, to the knowledge of such Loan Party, threatened.

Appears in 5 contracts

Samples: Credit Agreement (Alamosa PCS Holdings Inc), Credit Agreement (Alamosa PCS Holdings Inc), Credit Agreement (Texas Telecommunications Lp)

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Trade Accounts Payable. Each of The Borrower will, and will cause the other Loan Parties will to, pay all trade accounts payable before the same become more than 90 days past due, except (a) trade accounts payable contested in good faith or (b) trade accounts payable in an aggregate amount not to exceed $100,000 at any time outstanding and with respect to which no proceeding to enforce collection has been commenced or, to the knowledge of such Loan Partythe Borrower, threatened.

Appears in 4 contracts

Samples: Credit Agreement (Telergy Inc /Ny), Credit Agreement (Net2000 Communications Inc), Credit Agreement (Net2000 Communications Inc)

Trade Accounts Payable. Each of the Loan Parties will, and will cause the Borrower and each of its Subsidiaries to, pay all trade accounts payable before the same become more than 90 days past due, except (a) trade accounts payable contested in good faith or (b) trade accounts payable in an aggregate amount not to exceed $100,000 at any time outstanding $250,000 and with respect to which no proceeding to enforce collection has been commenced or, to the knowledge of such any Loan Party, threatened.

Appears in 3 contracts

Samples: Credit Agreement (Dynamex Inc), Credit Agreement (Dynamex Inc), Credit Agreement (Dynamex Inc)

Trade Accounts Payable. Each of the The Borrowers will, and will cause each other Loan Parties will Party to, pay all trade accounts payable before the same become more than 90 days past due, except (a) trade accounts payable contested in good faith or (b) trade accounts payable in an aggregate amount not to exceed $100,000 1,000,000 at any time outstanding and with respect to which no proceeding to enforce collection has been commenced or, to the knowledge of such Loan Partythe Borrowers, threatened.

Appears in 2 contracts

Samples: Credit Agreement (Oao Technology Solutions Inc), Credit Agreement (Oao Technology Solutions Inc)

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Trade Accounts Payable. Each of the Loan Parties will pay ---------------------- all trade accounts payable before the same become more than 90 days past due, except (a) trade accounts payable contested in good faith or (b) trade accounts payable in an aggregate amount not to exceed $100,000 500,000 at any time outstanding and with respect to which no proceeding to enforce collection has been commenced or, to the knowledge of such Loan Party, threatened.

Appears in 1 contract

Samples: Credit Agreement (Ipcs Inc)

Trade Accounts Payable. Each of Holdings and the Borrower will, and will cause each of the other Loan Parties will to, pay all trade accounts payable before the same become more than 90 days past due, except (a) trade accounts payable contested in good faith or (b) trade accounts payable in an aggregate amount not to exceed $100,000 5,000,000 at any time outstanding and with respect to which no proceeding to enforce collection has been commenced or, to the knowledge of such any Loan Party, threatened.

Appears in 1 contract

Samples: Credit Agreement (Savvis Communications Corp)

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