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Common use of Obligation of the Borrower Clause in Contracts

Obligation of the Borrower. Nothing contained in this Agreement shall affect the obligation of the Borrower to make, or prevent the Borrower from making, payment of the principal of or interest on the Debt, except as otherwise provided in this Agreement and the Shoeinvest Note.

Appears in 1 contract

Samples: Subordination Agreement (Middle Bay Oil Co Inc)

Obligation of the Borrower. Nothing contained in this Agreement shall affect the obligation of the Borrower to make, or prevent the Borrower from making, payment of the principal of or interest on the Debt, except as otherwise provided in this Agreement and the Shoeinvest Prudential Note.

Appears in 1 contract

Samples: Subordination Agreement (Middle Bay Oil Co Inc)

Obligation of the Borrower. Nothing contained in this Agreement shall affect the obligation of the Borrower to make, or prevent the Borrower from making, payment of the principal of or interest on the Debt, except as otherwise provided in this Agreement and the Shoeinvest SFP Note.

Appears in 1 contract

Samples: Subordination Agreement (Middle Bay Oil Co Inc)

Obligation of the Borrower. Nothing contained in this Agreement shall affect the obligation of the Borrower to make, or prevent the Borrower from making, payment of the principal of or interest on the Debt, except as otherwise provided in this Agreement and the Shoeinvest 3TEC Note.

Appears in 1 contract

Samples: Subordination Agreement (Middle Bay Oil Co Inc)