Payment of Note. Punctually pay or cause to be paid the principal of, interest on and all other amounts payable hereunder and under the Note in accordance with the terms thereof.
Payment of Note. Mortgagor will pay all principal, interest, and other sums payable under the Note, on the date when such payments are due, without notice or demand.
Payment of Note. The Company shall pay the principal of, interest on and other amounts due in respect of, the Note on the dates and in the manner provided in the Note.
Payment of Note. The Borrower shall pay the principal of, and interest on, the Note on the dates and in the manner provided herein and in the Note.
Payment of Note. Assignor desires to secure (a) the timely payment of the principal of and interest on the Note and all other indebtedness secured by the Deed To Secure Debt; and (b) the full compliance with the terms, conditions, covenants and agreements contained in the Note, the Deed To Secure Debt and the other documents executed by Assignor in connection with the Loan.
Payment of Note. Upon full payment of the Note, the Pledgee's rights pursuant to this Pledge and Security Agreement shall immediately terminate and thereafter Pledgor shall own all right, title, and interest in and to the Collateral free of any encumbrances and without obtaining the consent of any other person.
Payment of Note. The Company will punctually, according to the terms hereof, (a) pay or cause to be paid all amounts due under this Note, (b) reasonably promptly issue the Conversion Shares and the Warrants upon the Conversion Date and (c) reasonably promptly issue the Warrants after the Warrant Issue Date.
Payment of Note. Borrower shall fail to pay any installment of principal, interest or premium, if any, owing on the Revolving Credit Note, on the due date of such installment.
Payment of Note. Upon full payment of principal and interest on the Note, Pledgee shall transfer to Pledgor all of the Collateral, and this Agreement shall terminate.
Payment of Note. Upon the payment of the Note and the release of the Mortgage, Lender shall have no further obligation to disburse any Loan proceeds hereunder.