Borrower Performance Sample Clauses

The Borrower Performance clause sets out the standards and obligations that the borrower must meet throughout the duration of a loan or credit agreement. Typically, this includes requirements such as timely repayment of principal and interest, maintaining certain financial ratios, or providing regular financial reports to the lender. By clearly defining these expectations, the clause ensures that the lender can monitor the borrower's financial health and compliance, thereby reducing the risk of default and providing a basis for remedial action if the borrower fails to perform as agreed.
Borrower Performance. Borrower and any Guarantor have duly executed and delivered this Modification and Borrower has paid all fees and other amounts and performed all obligations required under this Modification to be paid and performed contemporaneously with the execution and delivery of this Modification.
View SourceView Similar (8)
Borrower Performance. Borrower shall in a timely manner observe, perform and fulfill each and every covenant, term and provision to be observed and performed by Borrower under this Agreement and the other Facility Documents and any other agreement or instrument affecting or pertaining to the Collateral (if any) and any amendments, modifications or changes thereto.
View SourceView Similar (5)
Borrower Performance. Guarantor and Borrowers have duly executed and delivered this Agreement to Lender.
View SourceView Similar (5)
Borrower Performance. Borrower and Pledgor have duly executed and delivered this Modification and Borrower has paid all fees and other amounts and performed all obligations required under this Modification to be paid and performed contemporaneously with the execution and delivery of this Modification.
View SourceView Similar (2)
Borrower Performance. Borrower has duly executed and delivered this Modification and Borrower has paid all fees and other amounts and performed all obligations required under this GEFF smartDocs Form 6001 Contract No: 32775 10/20/08 Asset No: 8004-8031 phx/463004.3 Baton Rouge, Louisiana Modification to be paid and performed contemporaneously with the execution and delivery of this Modification.
View SourceView Similar (2)
Borrower Performance. Borrowers, Borrowers’ Agent and Sponsor shall have duly executed and delivered to Administrative Agent this Agreement.
View Source

Related to Borrower Performance

  • Contract Performance C19.1 The Contractor shall ensure that: C19.1.1 the Goods conform in all respects with the Specification and, where applicable, with any sample or performance demonstration approved by the Authority; C19.1.2 the Goods operate in accordance with the relevant technical specifications and correspond with the requirements of the Specification and any particulars specified in the Contract; C19.1.3 the Goods conform in all respects with all applicable Laws; and C19.1.4 the Goods are free from defects in design, materials and workmanship and are fit and sufficient for all the purposes for which such Goods are ordinarily used and for any particular purpose made known to the Contractor by the Authority.

  • Strict Performance Failure by any party to this Contract to insist in any one or more cases upon the strict performance of any of the terms, covenants, conditions, or provisions of this Contract shall not be construed as a waiver or relinquishment of any such term, covenant, condition, or provision. No term or condition of this Contract shall be held to be waived, modified, or deleted except by a written amendment signed by the parties hereto.

  • Excused Performance In case performance of any terms or provisions hereof shall be delayed or prevented because of compliance with any law, decree or order of any governmental agency or authority, whether the same shall be of Local, State or Federal origin, or because of riots, war, public disturbances, strikes, lockouts, differences with workmen, fires, floods, acts of God or any other reason whatsoever which is not within the control of the party whose performance is interfered with and which, by the exercise of reasonable diligence, said party is unable to prevent, the party so suffering may, at its option, suspend, without liability, the performance of its obligations hereunder during the period of such suspension of performance of duties hereunder.

  • Due Performance Each party to this Agreement undertakes the obligation that the other's expectation of receiving due performance will not be impaired. When reasonable grounds for insecurity arise with respect to the performance of either party, the other may, in writing, demand adequate assurance of due performance and until such written assurance is received may, if commercially reasonable, suspend any performance for which the agreed return has not been received.

  • Prompt Performance All actions required to be taken (including payments) by any party under this Agreement shall be performed within the time prescribed for performance in this Agreement, or if no period is prescribed, such actions shall be performed promptly.