of Obligations. Any amount due and owing on this Note or any of obligation of Borrower to Lender, whether by its terms or as otherwise provided herein, is not paid within ten (10) days after the date when such payment is due.
of Obligations. Any amount due and owing on the Note or any of the Obligations, whether by its terms or as otherwise provided herein, is not paid when due.
of Obligations. Any amount due and owing on the Liabilities or any fees due Kojaian hereunder, any reasonable expenses incurred by Kojaian hereunder or any and all other liabilities and obligations of the Company to Kojaian, howsoever created, arising or evidenced, and howsoever owned, held or acquired, whether now or hereafter existing, whether now due or to become due, direct or indirect, absolute or contingent, and whether several, joint or joint and several, whether by its terms or as otherwise provided herein, is not paid when due. Notwithstanding the foregoing, in the event Company elects to defer interest payments as provided in the Note it shall not be considered an Event of Default hereunder so long as Company provides Kojaian with five (5) days prior written notice of its intention to do so.
of Obligations. The Borrower reaffirms to the Bank that, as of the date hereof, the outstanding principal amount of all Loans under the Senior Loan Documents (including the face amount of all Letters of Credit outstanding under the Letter of Credit Sublimit) is Seven Million Four Hundred Thousand and No/100 Dollars ($7,400,000.00). The Borrower acknowledges that the Senior Loan Documents fully and accurately reflect and constitute the valid and enforceable Obligations of the Borrower to the Bank, and the Borrower remains fully obligated to perform all covenants thereunder and has no defenses to or offsets against such Obligations.
of Obligations. The Borrower shall default (i) in ------------------------- any payment of principal of either Note when due and such default in the payment of principal shall have continued for a period of two Business Days after such due date or (ii) in the payment of interest on either Note when due or in the payment of any of the Fees, expenses or other amounts due hereunder or under any of the other Loan Documents when due, and such default in payment of interest, Fees, expenses or other amounts shall have continued for a period of five Business Days after such due date.
of Obligations. The Borrower hereby ratifies the Credit Agreement as amended by this Amendment and acknowledges and reaffirms
of Obligations. Any obligation of payment contained in or resulting from the enforceability and exercise of this surety and joint and several co-debt, whether in regard to the Term Loan Facility Agreement, any other Credit Document and/or all such contracts and instruments signed and delivered to the Lenders under the Term Loan Facility Agreement, shall only be extinguished by payment thereof in the foreign currency corresponding under the Term Loan Facility Agreement. Therefore, the payment obligations payable, by court decision, in a currency other than the currency corresponding under the Term Loan Facility Agreement will be extinguished only up to the amount that the Lenders can acquire of such foreign currency using said currency according to normal, reasonable banking practices. If the sum of the foreign currency thus acquired is less than the sum owed under the Term Loan Facility Agreement or any of the contracts and instruments signed and delivered to the Lenders thereunder, the obligor, particularly the Surety and Joint and Several Co-Debtor, in the manner indicated in the preamble, unconditionally undertakes to redress the Lenders for such loss and difference as a distinct, separate obligation, despite said court decision.
of Obligations. Each Borrower hereby agrees that after the occurrence and during the continuance of any Default or Event of Default, such Borrower will not demand, sue for or otherwise attempt to collect any indebtedness of any other Borrower owing to such Borrower until the Obligations shall have been paid in full in cash. If, notwithstanding the foregoing sentence, such Borrower shall collect, enforce or receive any amounts in respect of such indebtedness, such amounts shall be collected, enforced and received by such Borrower as trustee for the Administrative Agent, and such Borrower shall deliver any such amounts to the Administrative Agent for application to the Obligations in accordance with the terms of this Agreement.
of Obligations. 1. The provisions in this Chapter must be implemented by the Parties by the time that this Agreement enters into force.
2. Each Party must implement all its obligations through the institution of legal or administrative changes and where necessary amend its domestic laws to support the implementation of the obligations undertaken.
of Obligations. TENANT agrees to fully perform all of the obligations of XXXX (except TAMI's obligation to pay rent, and except as otherwise specified in this Sublease Agreement) under the terms of the Lease Agreement with respect to the Premises and to accord XXXX all of the rights, privileges, and indemnities with respect to and from XXXX to Landlord under the Lease Agreement and agrees that all of the terms and conditions of the Lease Agreement are hereby incorporated in this Sublease Agreement, including, without limitation, the obligation to maintain and repair the Premises.