Payables. Pay when due, in accordance with past practices consistent with good management practices, all of its accounts payables and trade obligations;
Payables. The Companies shall pay all accounts payable for which applicable law grants the account holder a Lien against any property of such Company within 60 days from the date such payable is due and owing; provided, however, such Company shall not be required to pay any such account if the amount or validity thereof shall currently be contested in good faith by appropriate proceedings diligently conducted and if such Company shall have set up reserves therefore adequate under generally accepted accounting principles (provided that such reserves may be set up under generally accepted accounting principles) and so long as such contest proceedings conclusively operate to stay the sale of any property subject to such Lien to satisfy such account.
Payables. Lessee acknowledges and agrees that prior to the Commencement Date, certain liabilities and other obligations were incurred arising from the development, construction and operation of the Facility for which Lessee is and shall remain responsible and liable and Lessor shall have no responsibility, liability or obligation whatsoever with respect to the same. Therefore, Lessee agrees as part of this Lease to pay all liabilities and obligations concerning the Facility, whether arising before or after the Commencement Date.
Payables. (a) On the Closing Date, the Seller will have no obligations to suppliers and vendors of goods and services and other trade creditors which are past due in accordance with their terms and in no event shall the Seller have any of such obligations outstanding for more than 60 days as of the Closing.
Payables. Furnish you not later than 45 days after the close of each calendar quarter through June 30, 1999, beginning with the quarter commencing July 1, 1997, a total of amounts which are due and payable and have not been paid by their contractual due date, and a list of each creditor to which payments over $25,000 are due.
Payables. Liabilities of a party resulting from the borrowing of money or the incurring of obligations for merchandise or goods purchased.
Payables. There has been no adverse change since the date of the Financial Statements in the amount or delinquency of accounts payable of the Company (either individually or in the aggregate), which would have a Material Adverse Effect upon the Company.
Payables. Lessee acknowledges and agrees that prior to the Rent Commencement Date, certain liabilities and other obligations were incurred arising from the development, construction and operation of the Facility for which Lessee is and shall remain entirely responsible and liable, and Lessor shall have no responsibility, liability or obligation whatsoever with respect to the same. Therefore, Lessee agrees as part of this Lease to pay all liabilities and obligations concerning the Facility, whether arising before or after the Rent Commencement Date.
Payables. Except as set forth in Section 4.25 of the Disclosure Schedule, all accounts payable of each of the Companies have arisen in the ordinary course of business consistent with past practice. All items which are required by GAAP to be reflected as payables in the Financial Statements and on the books and records of each of the Companies are so reflected and have been recorded in accordance with GAAP and in a commercially reasonable manner. There has been no material adverse change since October 31, 2010 in the amount or delinquency of accounts payable of any of the Companies, either individually or in the aggregate.
