Common use of Trade Indebtedness Clause in Contracts

Trade Indebtedness. Borrower will pay its trade payables within ninety (90) days of the date incurred, unless Borrower is in good faith contesting Borrower's obligation to pay such trade payables in a manner reasonably satisfactory to Lender (which may include Lender's requirement that Borrower, as the case may be, post security with respect to the contested trade payable).