Affirmative Covenants of the Guarantor. The Guarantor covenants and agrees that so long as the Obligations are outstanding, it shall comply with each of the following affirmative covenants: (a) Payment of Lease/Performance of Lease Obligations. Within five (5) business days of Lessor's demand thereof, duly and punctually pay or cause to be paid all Obligations in accordance with its terms.
Appears in 2 contracts
Samples: Guaranty of Payment and Performance (Balanced Care Corp), Guaranty of Payment and Performance (Balanced Care Corp)
Affirmative Covenants of the Guarantor. The Guarantor covenants and agrees that so long as the Loan Obligations are outstanding, it they shall comply with each of the following affirmative covenants:
(a) Payment of LeaseLoan/Performance of Lease Loan Obligations. Within five (5) business days of LessorLender's demand thereof, duly and punctually pay or cause to be paid all Obligations the principal and interest of the Note in accordance with its termstheir terms and duly and punctually pay or cause to be paid or performed all Loan Obligations.
Appears in 1 contract
Samples: Guaranty of Payment and Performance (Balanced Care Corp)
Affirmative Covenants of the Guarantor. The Guarantor covenants and agrees that so long as the Lease Obligations are outstanding, it shall comply with each of the following affirmative covenants:
: (a) Payment of LeaseRent/Performance of Lease Obligations. Within five (5) business days of Lessor's demand thereof, duly and punctually pay or cause to be paid all Obligations rent and other charges due under the Lease in accordance with its termsterms and duly and punctually pay or cause to be paid or performed all Lease Obligations.
Appears in 1 contract
Samples: Lease Guaranty Agreement (Centennial Healthcare Corp)
