Common use of Trade Accounts Payable Clause in Contracts

Trade Accounts Payable. The Borrower will, and will cause each of the other Loan Parties 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 any Loan Party, threatened.

Trade Accounts Payable. The Borrower Each of the Loan Parties will, ---------------------- and will cause the Borrower and each of the other Loan Parties 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 Two Hundred Fifty Thousand Dollars ($250,000) and with respect to which no proceeding to enforce collection has been commenced or, to the knowledge of any Loan Party, threatened.