Agreement to Pay. Upon receipt of written notice and direction from the Lender, the Borrower covenants and agrees to make all payments of interest, principal and structuring fees due under this Agreement to the Lender and any assignee, pro rata in accordance with their respective proportionate interests in the Loan as set out in such written notice and direction, absent which all such payments may be made to the Lender.
Appears in 4 contracts
Samples: Credit Agreement (Transatlantic Petroleum Corp.), Loan Agreement (Amarc Resources LTD), Loan Agreement (Rockwell Diamonds Inc.)
Agreement to Pay. Upon receipt of written notice and direction from the Lender, the Borrower covenants and agrees to make all payments of interest, principal and structuring fees due under this Agreement to the Lender and any assignee, pro rata in accordance with their respective proportionate interests in the Loan Facility as set out in such written notice and direction, absent which all such payments may be made to the Lender.
Appears in 3 contracts
Samples: Credit Agreement (NiMin Energy Corp.), Credit Agreement (Transatlantic Petroleum Corp.), Credit Agreement (Transatlantic Petroleum Corp.)
Agreement to Pay. Upon receipt of written notice and direction from the Lender, the Borrower covenants Borrowers covenant and agrees agree to make all payments of interest, principal and structuring fees due under this Agreement to the Lender and or any assignee, pro rata in accordance with their respective proportionate interests in the Loan as set out in such written notice and direction, absent which all such payments may be made to the Lender.
Appears in 2 contracts
Samples: Credit Agreement (Transatlantic Petroleum Ltd.), Credit Agreement (Transatlantic Petroleum Ltd.)
Agreement to Pay. Upon receipt of written notice and direction from the Lender, the Borrower covenants and agrees agrees, net of all applicable withholding taxes, to make all payments of interest, principal and structuring fees due under this Agreement to the Lender and any assignee, pro rata in accordance with their respective proportionate interests in the Loan as set out in such written notice and direction, absent which all such payments may be made to the Lender.
Appears in 2 contracts
Samples: Loan Agreement (Tournigan Gold Corp), Loan Agreement (Tournigan Gold Corp)
Agreement to Pay. Upon receipt of written notice and direction from the Lender, the Borrower covenants and agrees agrees, net of all applicable withholding taxes, to make all payments of interest, principal and structuring fees bonus due under this Agreement to the Lender and any assignee, pro rata in accordance with their respective proportionate interests in the Loan as set out in such written notice and direction, absent which all such payments may be made to the Lender.
Appears in 2 contracts
Agreement to Pay. Upon receipt of written notice and direction from the Lender, the Borrower covenants and agrees to make all payments of interest, principal and structuring fees bonus due under this Agreement to the Lender and any assignee, pro rata in accordance with their respective proportionate interests in the Loan Facility as set out in such written notice and direction, absent which all such payments may be made to the Lender.
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Agreement to Pay. Upon receipt of written notice and direction from the Lender, the Borrower covenants Borrowers covenant and agrees agree to make all payments of interest, bonus, standby, principal and structuring fees due under this Agreement to the Lender and any assignee, pro rata in accordance with their respective proportionate interests in the Loan Facility as set out in such written notice and direction, absent which all such payments may be made to the Lender.
Appears in 1 contract
Agreement to Pay. Upon receipt of written notice and direction from the Lender, the Borrower covenants and agrees to make all payments of interest, bonus, standby, principal and structuring fees due under this Agreement to the Lender and any assignee, pro rata in accordance with their respective proportionate interests in the Loan Facility as set out in such written notice and direction, absent which all such payments may be made to the Lender.
Appears in 1 contract
Agreement to Pay. Upon receipt of written notice and direction from the Lender, the Borrower covenants and agrees to make all payments of interest, interest and principal and structuring fees due under this Agreement to the Lender and any assignee, assignee pro rata in accordance with their respective proportionate interests in the Loan Facility as set out in such written notice and direction, absent which all such payments may be made to the Lender.
Appears in 1 contract
Agreement to Pay. Upon receipt of written notice and direction from the Lender, the Borrower covenants and agrees to make all payments of interest, principal and structuring fees due under this Agreement to the Lender and or any assignee, pro rata in accordance with their respective proportionate interests in the Loan as set out in such written notice and direction, absent which all such payments may be made to the Lender.
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Agreement to Pay. Upon receipt of written notice and direction from the Lender, the Borrower covenants and agrees to make all payments of interest, principal and principal, structuring fees and other amounts due under this Agreement to the Lender and any assignee, pro rata in accordance with their respective proportionate interests in the Loan as set out in such written notice and direction, absent which all such payments may be made to the Lender.
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