Common use of Payment of Contractual Obligations Clause in Contracts

Payment of Contractual Obligations. Each Credit Party shall pay on a timely basis any and all premiums, cash reserves, claims or other payment obligations in respect of any material insurance policy or any insurance covering the Collateral, and pay on a timely basis any and all amounts due and payable, and perform all of its obligations, under all Material Contracts.

Appears in 4 contracts

Samples: Revolving Credit Agreement (James River Coal CO), Revolving Credit Agreement (James River Coal CO), Revolving Credit Agreement (James River Coal CO)

AutoNDA by SimpleDocs

Payment of Contractual Obligations. Each Credit Party shall pay on a timely basis any and all premiums, cash reserves, claims or other payment obligations in respect of any material insurance policy or any insurance covering the Collateralwill, and will cause each of its Subsidiaries to, pay on a timely basis any and all amounts due and payablepayable pursuant to any material contracts including any and all premium, and perform all cash reserve, claims or other payment obligations in respect of its obligations, under all Material Contractsany insurance policy.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (SOI Holdings, Inc.)

AutoNDA by SimpleDocs

Payment of Contractual Obligations. Each Credit Party shall pay on a timely basis any and all premiums, cash reserves, claims or other payment obligations in respect of any material insurance policy or any insurance covering the Collateral, and pay on a timely basis any and all amounts due and payable, and perform all of its obligations, under all Material Contracts.. 79

Appears in 1 contract

Samples: Revolving Credit Agreement (James River Coal CO)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!