Common use of PAYMENT AND PERFORMANCE OF LIABILITIES Clause in Contracts

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers shall pay each payment Liability when due (or when demanded, if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 23 contracts

Samples: Term Loan and Security Agreement (Destination Xl Group, Inc.), Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc)

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PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers Borrower shall pay each payment Liability when due (or when demanded, demanded if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 20 contracts

Samples: Loan and Security Agreement (Aeropostale Inc), Secured Superpriority Debtor in Possession Loan, Security and Guaranty Agreement (Aeropostale Inc), Loan and Security Agreement (Aeropostale Inc)

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers Borrower shall pay each payment Liability when due (or when demanded, if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 14 contracts

Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Gander Mountain Co)

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers shall pay each payment Liability when due (or when demanded, demanded if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 8 contracts

Samples: Loan and Security Agreement (Dynamics Research Corp), Loan Agreement (Dynamics Research Corp), Loan and Security Agreement (Homeplace of America Inc)

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers Borrower shall pay each payment Liability when due (or when demanded, if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 6 contracts

Samples: Loan and Security Agreement (RoomStore, Inc.), Loan and Security Agreement (Bakers Footwear Group Inc), Loan and Security Agreement (RoomStore, Inc.)

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers shall pay each payment Liability when due (or when demanded, if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 4 contracts

Samples: Loan and Security Agreement (Duckwall Alco Stores Inc), Loan and Security Agreement (Mazel Stores Inc), Loan and Security Agreement (Mazel Stores Inc)

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers Each Borrower shall pay each payment Liability when due (or when demanded, if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 2 contracts

Samples: Loan and Security Agreement (Jacobson Stores Inc), Loan and Security Agreement (Jacobson Stores Inc)

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers shall pay each payment Liability when due (or when demanded, demanded if payable on demand) or within any applicable grace period and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 2 contracts

Samples: Loan Agreement (Dynamics Research Corp), Loan Agreement (Dynamics Research Corp)

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers shall pay each payment Liability when due (or when demandedin accordance with its respective terms, if payable on demand) after giving effect to any applicable grace period, and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 2 contracts

Samples: Loan and Security Agreement (dELiAs, Inc.), Loan and Security Agreement (Alloy Inc)

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers shall pay -------------------------------------- each payment Liability when due (or when demanded, demanded if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 1 contract

Samples: Loan and Security Agreement (Video City Inc)

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PAYMENT AND PERFORMANCE OF LIABILITIES. The Each of the Borrowers shall pay each payment Liability when due (or when demanded, if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 1 contract

Samples: Loan and Security Agreement (Claires Stores Inc)

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers Borrower shall pay each payment Liability when due demanded (or when demanded, due if not payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 1 contract

Samples: Loan and Security Agreement (Harvard Bioscience Inc)

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers Each Borrower shall pay each payment Liability when due (or when demanded, demanded if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 1 contract

Samples: Loan and Security Agreement (Baker J Inc)

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers shall pay each payment Liability when due (or when demanded, if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 1 contract

Samples: Loan and Security Agreement (Homebase Inc)

PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers Each Borrower shall pay each payment Liability when due (or when demanded, demanded if payable on demand) and shall promptly, punctually, and faithfully perform each other LiabilityLiability (provided that the CAN Borrower shall be indebted only for the CAN Debt).

Appears in 1 contract

Samples: Loan and Security Agreement (Sunglass Hut International Inc)

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