Covenant to Pay and Perform. 2.1. The Chargor hereby covenants and undertakes with the Chargee that it shall pay and discharge the Secured Obligations as and when they become due to be paid or discharged as and to the extent provided in the Credit Agreement, this Charge or any other Loan Document. 2.2. The Chargor shall pay interest on any delinquent sum (before and after any judgment) from the date of demand until the date of payment calculated on a daily basis in accordance with the provisions of the Credit Agreement. 2.3. Any payment made by the Chargor under this Charge shall be made free and clear of and without any deduction for or on account of any set-off or counterclaim.
Appears in 13 contracts
Samples: Term Loan Credit Agreement, Term Loan Security Agreement, Term Loan Credit Agreement (International Lease Finance Corp)