Common use of Borrower's Unconditional Obligation to Make Payments Clause in Contracts

Borrower's Unconditional Obligation to Make Payments. Whether or not the proceeds from the Receivables Loan Collateral shall be sufficient for that purpose, Borrower will pay when due all payments required to be made pursuant to any of the Receivables Loan Documents, Borrower's obligation to make such payments being absolute and unconditional.

Appears in 2 contracts

Samples: Loan Agreement (Raintree Resorts International Inc), Loan and Security Agreement (Cr Resorts Capital S De R L De C V)

AutoNDA by SimpleDocs

Borrower's Unconditional Obligation to Make Payments. Whether or not the proceeds from the Receivables Loan Collateral shall be sufficient for that purpose, Borrower will pay when due all payments required to be made pursuant to any of the Receivables Loan Documents, Borrower's obligation to make such payments being absolute and unconditional.. 

Appears in 2 contracts

Samples: Loan and Security Agreement (Bluegreen Vacations Holding Corp), Loan and Security Agreement (Bluegreen Vacations Corp)

Borrower's Unconditional Obligation to Make Payments. Whether or not the proceeds from the Receivables Loan Collateral shall be sufficient for that purpose, Borrower will pay when due all payments required to be made pursuant to any of the Receivables Loan Documents, Borrower's obligation to make such payments being absolute and unconditional.

Appears in 1 contract

Samples: Loan and Security Agreement (Bluegreen Corp)

Borrower's Unconditional Obligation to Make Payments. Whether or not the proceeds from the Receivables Loan Collateral Proceeds shall be sufficient for that purpose, Borrower will pay when due all payments of principal, interest, and other amounts required to be made pursuant to any of the Receivables Loan Documents, . The Borrower's obligation to make such the payments being required by the terms of the Loan Documents is absolute and unconditional.

Appears in 1 contract

Samples: Loan and Security Agreement (Bluegreen Corp)

Borrower's Unconditional Obligation to Make Payments. Whether or not the proceeds from the Receivables Loan Collateral shall be sufficient for that purpose, Borrower will pay when due all payments required to be made pursuant to any of the Receivables Loan Documents, Borrower's obligation Obligation to make such payments being absolute and unconditional.

Appears in 1 contract

Samples: Development and Receivables Loan and Security Agreement (Signature Resorts Inc)

AutoNDA by SimpleDocs

Borrower's Unconditional Obligation to Make Payments. Whether or not the proceeds from the Receivables Loan Collateral shall be sufficient for that purpose, Borrower will pay make when due all payments required to be made pursuant to any of the Receivables Loan Documents, Borrower's obligation to make such payments being absolute and unconditional.

Appears in 1 contract

Samples: Loan and Security Agreement (Cr Resorts Capital S De R L De C V)

Borrower's Unconditional Obligation to Make Payments. Whether or not ---------------------------------------------------- the proceeds from the Receivables Loan Collateral shall be sufficient for that purpose, Borrower will pay when due all payments required to be made pursuant to any of the Receivables Loan Documents, Borrower's obligation Obligation to make such payments being absolute and unconditional.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Vistana Inc)

Borrower's Unconditional Obligation to Make Payments. Whether or not ---------------------------------------------------- the proceeds from the Receivables Loan Collateral shall be sufficient for that purpose, Borrower will pay when due all payments required to be made pursuant to any of the Receivables Loan Documents, Borrower's obligation to make such payments being absolute and unconditional.

Appears in 1 contract

Samples: Master Loan and Security Agreement (Sunterra Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!