Common use of Payments of Obligations Clause in Contracts

Payments of Obligations. The Company will pay and discharge, and will cause each Credit Party to pay and discharge, at or before maturity, all their respective material obligations and liabilities, including, without limitation, tax liabilities, except where the same may be contested in good faith by appropriate proceedings, and will maintain, and will cause each Credit Party to maintain, in accordance with GAAP, appropriate reserves for the accrual of any of the same.