Examples of Contested in Good Faith in a sentence
Pay all of Borrower’s taxes, assessments and other obligations, including, but not limited to taxes and assessments and lawful claims which, if unpaid, might by law become a lien against the assets of Borrower, as the same become due and payable, except to the extent the same are being Contested in Good Faith.
Comply in all material respects with the requirements of all Laws applicable to Borrower or to Borrower’s business or property, except in such instances in which (i) such requirement of Law is being Contested in Good Faith or a bona fide dispute exists with respect thereto; or (ii) the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.
All taxes and assessments due and payable by Borrower have been paid or are being Contested in Good Faith.
Allow its accounts payable to become in excess of 120 days past due, from the date of invoice, except such accounts payable as are being Contested in Good Faith.
Provide a detailed description of the information involved in the incident including classification and compartment levels; controlling headquarters (i.e., originating office and controlling office); and identification of the material (i.e., message, letter, staff study, imagery, and magnetic media) to include document control numbers.