Demand by the Lender Clause Samples

Demand by the Lender. In addition to the terms set forth in Section 9.2, and in no manner imposing any limitation on such terms, if all or any portion of the then outstanding Guaranteed Obligations under this Agreement are declared to be immediately due and payable, then the Domestic Borrower shall, upon demand in writing therefor by the Lender to the Domestic Borrower, pay all or such portion of the outstanding Guaranteed Obligations then declared due and payable. Payment by the Domestic Borrower shall be made to the Lender, to be credited and applied upon the Guaranteed Obligations, in immediately available funds to an account designated by the Lender or at any address that may be specified in writing from time to time by the Lender.

Demand by the Lender. In addition to the terms of the Guaranty set forth in Section 2.1 hereof, and in no manner imposing any limitation on such terms, it is expressly understood and agreed that, if, at any time, the outstanding principal amount of the Guaranteed Obligations under the Reimbursement Agreement (including all accrued interest thereon) is declared to be immediately due and payable, then Guarantor shall, without demand, pay to the holders of the Guaranteed Obligations the entire outstanding Guaranteed Obligations due and owing to such holders. Payment by the Guarantor shall be made to the Guarantied Parties in immediately available Federal funds to an account designated by the Guarantied Parties or at the address set forth herein for the giving of notice to the Guarantied Parties or at any other address that may be specified in writing from time to time by the Guarantied Parties, and shall be credited and applied to the Guaranteed Obligations.

Demand by the Lender. In addition to the terms of the guaranty set forth in Section 9.1, and in no manner imposing any limitation on such terms, if the then outstanding principal amount of the Guaranteed Obligations is declared to be immediately due and payable (or automatically becomes immediately due and payable), then the Guarantors are required to pay to the Lender the entire outstanding Guaranteed Obligations due and owing to the Lender, subject to the requirements of section 9.

Demand by the Lender. In addition to the terms set forth in this Article II, and in no manner imposing any limitation on such terms, if all or any portion of the then outstanding Guaranteed Obligations under the Credit Agreement are declared to be immediately due and payable upon the occurrence of an Event of Default, then the Guarantors shall, upon demand in writing therefor by the Lender to the Guarantors, pay all or such portion of the outstanding Guaranteed Obligations then declared due and payable. Notwithstanding the foregoing, each Guarantor agrees that, in the event of the dissolution or insolvency of the Borrower or any Guarantor, or the inability or failure of the Borrower or any Guarantor to pay debts as they become due, or an assignment by the Borrower or any Guarantor for the benefit of creditors, or the commencement of any case or proceeding in respect of the Borrower or any Guarantor under bankruptcy, insolvency or similar laws, and if such event shall occur at a time when any of the Guaranteed Obligations may not then be due and payable, each Guarantor will pay to the Lender forthwith the full amount which would be payable hereunder by each Guarantor if all such Guaranteed Obligations were then due and payable.

Demand by the Lender. In addition to the terms set forth in Section 3, and in no manner imposing any limitation on such terms, if all or any portion of the then outstanding Guaranteed Obligations under the Credit Agreement are declared to be immediately due and payable, then the Guarantor shall, upon demand in writing therefore by the Lender to the Guarantor, pay all or such portion of the outstanding Guaranteed Obligations then declared due and payable. Payment by the Guarantor shall be made to the Lender, to be credited and applied upon the Guaranteed Obligations, in immediately available Dollars to an account designated by the Lender or at the address referenced herein for the giving of notice to the Lender or at any other address that may be specified in writing from time to time by the Lender.

Demand by the Lender. Subject to Sections 5 and 15, in addition to the terms of the Guaranty set forth in Section 1 hereof, and in no manner imposing any limitation on such terms, it is expressly understood and agreed that, if, at any time, an Event of Default under the Note has occurred and is continuing, then the Guarantor shall, without demand, pay to the Lender the outstanding amount due and owing to the Lender. Payment by the Guarantor shall be made in immediately available funds to an account, designated by the Lender or at the address set forth herein for the giving of notice to the Lender or at any other address that may be specified in writing from time to time by the Lender, and shall be credited and applied to the Guaranteed Obligations.

Demand by the Lender. In addition to the terms of the Guaranty set forth in Section 2.1 hereof, and in no manner imposing any limitation on such terms, it is expressly understood and agreed that, if, at any time, the outstanding principal amount of the Guaranteed Obligations under the Credit Agreement (including all accrued interest thereon) is declared to be immediately due and payable, then the Guarantors shall, subject to Section 6.10, upon notice of such acceleration, without further demand, pay to the holders of the Guaranteed Obligations the entire outstanding Guaranteed Obligations due and owing to such holders. Payment by each Guarantor shall be made to the Lender in immediately available funds to an account designated by the Lender, and shall be credited and applied to the Guaranteed Obligations.