Common use of Trade Indebtedness Clause in Contracts

Trade Indebtedness. Each Borrower and Operating Lessee will pay its trade payables within sixty (60) days of the date incurred, unless such Borrower or Operating Lessee is in good faith contesting such Borrower’s obligation to pay such trade payables in a manner reasonably satisfactory to Lender (which may include Lender’s requirement that such Borrower or Operating Lessee post security with respect to the contested trade payable).

Trade Indebtedness. Each Borrower and Operating Lessee will pay its trade payables within sixty (60) days of the date incurred, unless such Borrower or Operating Lessee is in good faith contesting such Borrower’s 's obligation to pay such trade payables in a manner reasonably satisfactory to Lender (which may include Lender’s 's requirement that such Borrower or Operating Lessee post security with respect to the contested trade payable).

Trade Indebtedness. Each of Borrower and Operating Lessee will pay its trade payables within sixty (60) days of the date incurred, unless such Borrower or Operating Lessee is in good faith contesting such Borrower’s obligation to pay such trade payables in a manner reasonably satisfactory to Lender (which may include Lender’s requirement that such Borrower or Operating Lessee post security with respect to the contested trade payable).