Demand Payment. The Guarantor must pay to Western Power, upon demand by Western Power at any present or future time, the amount of the Secured Moneys due from and payable by the User to Western Power at that time under, and in the manner and currency specified in, the Access Contract.
Demand Payment. Upon the occurrence of an Event of Default and during the continuation thereof, the Secured Party may declare all or part of the Secured Obligations immediately due and payable and enforce payment of the same by Debtor; provided that any partial payments by Debtor of the Secured Obligations shall not be deemed to be a payment in full of such amount, or an accord and satisfaction of such amount, or a waiver by Secured Party of any of its rights or remedies hereunder.
Demand Payment. Guarantor agrees that upon the occurrence of an EVENT OF DEFAULT (as defined in the Loan and Security Agreement between Borrower and Fremont), Guarantor, immediately following a demand for payment from Fremont, shall pay Fremont the full amount of the Indebtedness guarantied hereunder.
Demand Payment. The Guarantor must pay to the Supplier, upon demand by the Supplier at any present or future time, the amount of the Secured Moneys due from and payable by the Recipient to the Supplier at that time under, and in the manner and currency specified in, the Supply Agreement.
Demand Payment. During the period beginning on date this Note is executed by the Company and ending on the third (3rd) anniversary of such date, but solely in the event that the Company effects a Qualified Financing (as defined below), the Holder shall have the right, for a period of ninety (90) days following the closing of a Qualified Financing and upon five (5) business days prior written notice to the Company, to demand payment of any or all of the outstanding Principal Amount outstanding at such time, together with accrued but unpaid interest thereon and any and all other sums due, accrued or payable to the Holder arising under this Note, from the proceeds of such Qualified Financing (such payment right, a “Demand Payment”). As used in this Section 2.4, the term “Qualified Financing” means any firm commitment public underwriting or any private investment in public equity (i.e, “PIPE”) transaction in which the Company raises an amount (net of brokerage fees and commissions and legal, accounting and other expenses, in each case reasonably related to the Qualified Financing) equal to or greater than $5 million. It is expressly understood and agreed that the provisions of Section 2.3 of this Note shall not apply to such a Demand Payment.
Demand Payment. The monthly Demand Payment shall be equal to the summation of the monthly Tier 1 Demand Payment plus the monthly Tier 2 Demand Payment.
Demand Payment. 2.1.1 The Guarantor must pay to the Microgrid Operator, upon demand by the Microgrid Operator at any present or future time, the amount of the Secured Moneys due from and payable by the Retailer to the Microgrid Operator at that time under, and in the manner and currency specified in, the METAC.
Demand Payment. In case you are in breach of any of the terms of this agreement, the Bank may demand repayment of this loan in full together with accrued interest and any related charges.
Demand Payment. Any interest which shall have accrued under Art. 12.2 in respect of an unpaid sum shall be due and payable and shall be paid by the Borrower at the end of the period by reference to which it is calculated or on such later dates as the Facility Agent may specify by written notice to the Borrower. All payments on damages shall be made by the Borrower without undue delay upon demand of the Facility Agent.
Demand Payment. Notwithstanding Section 6.1, Supplier will pay Distributor any then outstanding PrePayment amount that has not been offset by payments to be made by Distributor under Section 6.2, at any time requested by the Distributor.
