Common use of Pay Obligations to Lender and Perform Other Covenants Clause in Contracts

Pay Obligations to Lender and Perform Other Covenants. Make full and timely payment of its obligations hereunder and duly comply with the terms and covenants contained in each of the Credit Facility Documents, all at the times and places and in the manner set forth therein, and at all times take all action necessary to maintain the Liens provided for under or pursuant to this Agreement and the Security Documents as valid and perfected first Liens on the property intended to be covered thereby (subject only to Permitted Encumbrances);

Appears in 3 contracts

Samples: Credit Facility Agreement (MFC Bancorp LTD), Credit Facility Agreement (Equidyne Corp), Credit Facility Agreement (Mymetics Corp)

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Pay Obligations to Lender and Perform Other Covenants. Make full and timely payment of its obligations Obligations hereunder and duly comply with the terms and covenants contained in each of the Credit Facility Documents, all at the times and places and in the manner set forth therein, and at all times take all action necessary to maintain the Liens provided for under or pursuant to this Agreement and the Security Documents as valid and perfected first Liens on the property intended to be covered thereby (subject only to Permitted Encumbrances);

Appears in 2 contracts

Samples: Credit Facility Agreement (Ichor Corp), Credit Facility Agreement (Ichor Corp)

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