Common use of Credit Agreement and Related Obligations Clause in Contracts

Credit Agreement and Related Obligations. (a) Pay, on or prior to the due date thereof, all costs, fees, indemnities, expenses and other amounts (other than principal and interest on the Loans, but including breakage costs and interest on overdue amounts pursuant to Section 2.14 of the Credit Agreement or otherwise) required to be paid by the Lessor under any Operative Agreement. (b) Pay to the Agent all fees specified in the Fee Letter at the time and in the manner required by the Fee Letter, which fees may not be paid by using the proceeds of the Loans or the Investor Contribution. (c) Pay to the Lessor promptly after receipt of notice therefor any additional amounts payable to the Investors in respect of the Investor Contribution under Sections 2.13, 2.14 and 2.15 of the Credit Agreement (it being agreed that the Investors are, for purposes of this Agreement, beneficiaries of the provisions of Sections 2.13, 2.14 and 2.15 of the Credit Agreement).

Appears in 2 contracts

Samples: Participation Agreement (Hanover Compressor Co), Participation Agreement (Hanover Compression Inc)

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Credit Agreement and Related Obligations. (a) Pay, on or prior ---------------------------------------- to the due date thereof, all costs, fees, indemnities, expenses and other amounts (other than principal and interest on the Loans, but including breakage costs and interest on overdue amounts pursuant to Section 2.14 of the Credit Agreement or otherwise) required to be paid by the Lessor under any Operative Agreement. (b) Pay to the Agent all fees specified in the Fee Letter at the time and in the manner required by the Fee Letter, which fees may not be paid by using the proceeds of the Loans or the Investor Contribution. (c) Pay to the Lessor promptly after receipt of notice therefor any additional amounts payable to the Investors in respect of the Investor Contribution under Sections 2.13, 2.14 and 2.15 of the Credit Agreement (it being agreed that the Investors are, for purposes of this Agreement, beneficiaries of the provisions of Sections 2.13, 2.14 and 2.15 of the Credit Agreement).

Appears in 1 contract

Samples: Participation Agreement (Hanover Compressor Co /)

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Credit Agreement and Related Obligations. (a) Pay, on or prior to the due date thereof, all costs, fees, indemnities, expenses and other amounts (other than principal and interest on the Loans, but including breakage costs and interest on overdue amounts pursuant to Section 2.14 of the Credit Agreement or otherwise) required to be paid by the Lessor under any Operative Agreement. (b) Pay to the Agent all fees specified in the Fee Letter at the time and in the manner required by the Fee Letter, which fees may not be paid by using the proceeds of the Loans or the Investor Contribution. (c) Pay to the Lessor promptly after receipt of notice therefor any additional amounts payable to the Investors Investor in respect of the Investor Contribution under Sections 2.13, 2.14 and 2.15 of the Credit Agreement (it being agreed that the Investors areInvestor is, for purposes of this Agreement, beneficiaries a beneficiary of the provisions of Sections 2.13, 2.14 and 2.15 of the Credit Agreement).

Appears in 1 contract

Samples: Participation Agreement (Hanover Compressor Co)

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