Outstanding Payables Sample Clauses

The Outstanding Payables clause defines the obligations of a party to settle any unpaid amounts that are due under the agreement. Typically, this clause outlines the process for identifying, calculating, and paying outstanding invoices or debts, often specifying timelines and acceptable methods of payment. Its core practical function is to ensure that all financial obligations are clearly addressed and resolved, thereby preventing disputes over unpaid amounts and promoting financial accountability between the parties.
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Outstanding Payables. Except as set forth on Schedule 3(l) attached hereto and made a part hereof, the Limited Partnership has paid or will pay prior to the Closing Date in full all of its bills and invoices of any kind arising from the ownership, operation, management, repair, maintenance or leasing of the Daleville and Somerset Properties and/or the Tulare Property; and there are no actual or to the knowledge of Parent, Horizon GP and Horizon LP potential mechanic’s liens relating to labor or material outstanding or available to any party in connection with the ownership, operation, management, repair, maintenance or leasing of the Daleville and Somerset Properties and/or the Tulare Property.
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Outstanding Payables. SECTION 5.
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Outstanding Payables. After giving effect to payments to be made on the Closing Date as permitted hereunder, no amounts remain outstanding and payable by Holdings or the Borrower to any outside counsel, J▇▇▇▇▇ ▇▇▇▇▇▇ or other professional advisors (other than accountants).
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Outstanding Payables. Attached hereto as Exhibit "G" is a true, accurate and complete list of all outstanding payables with respect to the Acquired Assets and the Project as of February 29,
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Outstanding Payables. The Purchaser covenants to pay, as and when due in the ordinary course of business consistent with past practice, any outstanding balances relating to the Assets as of the Closing Date.
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Related to Outstanding Payables

  • Outstanding Fees Failure to pay all outstanding fees may result in the loss and/or suspension of extra- curricular activity privileges. Fees may include but shall not be limited to: lost books, late library fees, lunch accounts, before/after care fees, and any and all fees which may accrue in the normal course of the school year.

  • Outstanding Balance The balance on Lender's books and records shall be presumptive evidence (absent manifest error) of the amounts owing to Lender by the Borrowers; provided that any failure to record any transaction affecting such balance or any error in so recording shall not limit or otherwise affect the Borrowers' obligation to pay the Obligations.

  • Outstanding Obligations Borrower shall have no obligations as of the date of this Agreement except those approved by HUD in writing and, except for those approved obligations, the Land has been paid for in full (or if the Land is subject to a leasehold interest, it must be subject to a HUD-approved lease), and is free from any liens or purchase money obligations, except as approved by HUD. As of the date hereof, all contractual obligations relating to the Project have been fully disclosed to HUD.

  • Outstanding Indebtedness For the avoidance of doubt, to the extent that any Indebtedness is repaid, redeemed, repurchased, defeased or otherwise acquired, retired or discharged, in each case, in accordance with the terms of the documentation governing such Indebtedness, such Indebtedness shall be deemed to be paid off and not to be outstanding for any purpose hereunder to the extent of the amount of such repayment, redemption, repurchase, defeasance, retirement or discharge.

  • Payment of Outstanding Indebtedness, etc The Administrative Agent shall have received evidence that immediately after the making of the Loans on the Closing Date, all Indebtedness under the Existing Credit Agreement and any other Indebtedness not permitted by Section 7.04, together with all interest, all payment premiums and all other amounts due and payable with respect thereto, shall be paid in full from the proceeds of the initial Credit Event, and the commitments in respect of such Indebtedness shall be permanently terminated, and all Liens securing payment of any such Indebtedness shall be released and the Administrative Agent shall have received all payoff and release letters, Uniform Commercial Code Form UCC-3 termination statements or other instruments or agreements as may be suitable or appropriate in connection with the release of any such Liens.