PAYMENT AND PERFORMANCE OF INDEBTEDNESS Sample Clauses

PAYMENT AND PERFORMANCE OF INDEBTEDNESS. Borrower shall pay and promptly perform all of the obligations hereunder and under the Loan Documents.
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PAYMENT AND PERFORMANCE OF INDEBTEDNESS. If an Event of Default, as defined in any of the Related Documents, occurs, Guarantor shall, without notice or demand, and without any notice having been given to Guarantor of the acceptance by Lender of this Guaranty and without any notice having been given to Guarantor of the creating or incurring of such indebtedness, pay the Guaranteed Indebtedness due thereon to Lender, at its office in Dallas, Texas, or at such other place as may be designated in writing by Lxxxxx, and perform such Guaranteed Indebtedness which Bxxxxxxx has failed to perform, and it shall not be necessary for Lender, in order to enforce such payment by any Guarantor, first to institute suit or exhaust its remedies against Borrower or others liable for such Guaranteed Indebtedness, or to enforce its rights against any security which shall ever have been given to secure such Guaranteed Indebtedness.
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PAYMENT AND PERFORMANCE OF INDEBTEDNESS. Borrower shall pay and --------------------------------------- promptly perform all of the obligations hereunder and under the Loan Documents.
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PAYMENT AND PERFORMANCE OF INDEBTEDNESS. The Indebtedness will be paid to Secured Party in accordance with the terms thereof.
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PAYMENT AND PERFORMANCE OF INDEBTEDNESS the Borrower shall, and shall cause each Guaranteeing Subsidiary to, pay duly and punctually all Indebtedness as and when due by it hereunder and shall perform all other obligations on its part to be performed under the terms of the Loan Documents at the times and places and in the manner provided for therein;
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PAYMENT AND PERFORMANCE OF INDEBTEDNESS. Borrower shall pay ---------------------------------------- all of the Indebtedness when and as the same become due and payable, and Borrower shall strictly observe and perform all covenants, agreements, terms, conditions and limitations contained in the Loan Documents and will do all things necessary which are not prohibited by law to prevent the occurrence of any Event of Default hereunder, and Borrower will maintain an office or agency in the State of Nevada where notices, presentations and demands in respect of this Agreement or the Note may be made upon Borrower. Such office or agency and the books and records of Borrower shall be maintained at Las Vegas, Nevada until such time as Borrower shall so notify Lender, in writing, of any change of location of such office or agency.
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Related to PAYMENT AND PERFORMANCE OF INDEBTEDNESS

  • Payment and Performance of Obligations Pay and perform all material Obligations under this Agreement and the other Loan Documents, and pay or perform (a) all taxes, assessments and other governmental charges that may be levied or assessed upon it or any of its property, and (b) all other indebtedness, obligations and liabilities in accordance with customary trade practices; except to the extent that IPT or the Borrower is contesting any item described in clauses (a) or (b) of this Section 7.5 in good faith and is maintaining adequate reserves with respect thereto in accordance with GAAP.

  • Payments of Indebtedness Such Obligor will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) payments of the Obligations, (ii) scheduled payments of other Indebtedness and (iii) repayment of intercompany Indebtedness permitted in reliance upon Section 9.01(f).

  • Evidence of Indebtedness (a) The Credit Extensions made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and evidenced by one or more entries in the Register maintained by the Administrative Agent, acting solely for purposes of Treasury Regulation Section 5f.103-1(c), as agent for the Borrower, in each case in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be prima facie evidence absent manifest error of the amount of the Credit Extensions made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Note payable to such Lender, which shall evidence such Lender’s Loans in addition to such accounts or records. Each Lender may attach schedules to its Note and endorse thereon the date, Type (if applicable), amount and maturity of its Loans and payments with respect thereto.

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