Payment of Obligations Under Loan Documents Clause Samples

The 'Payment of Obligations Under Loan Documents' clause requires the borrower to fulfill all payment obligations specified in the loan agreement and related documents. This typically includes making timely payments of principal, interest, fees, and any other amounts due under the terms of the loan. The clause may also outline acceptable payment methods and deadlines, and can specify consequences for late or missed payments. Its core function is to ensure that the lender receives all amounts owed in accordance with the agreed terms, thereby reducing the risk of default and providing clarity on the borrower's financial responsibilities.
Payment of Obligations Under Loan Documents. The Borrower fails to make timely payment of any principal, interest, or other amount due on any indebtedness owed the Bank under the Loan Documents, or fails to make any other payment to the Bank as contemplated thereunder either by the terms hereof or otherwise when due, and such failure shall continue for five (5) days.
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Payment of Obligations Under Loan Documents. Borrower fails to make payment of any principal, interest, or other amount due on any indebtedness owed any Lender, Swing Line Lender, Issuing Lender, or Administrative Agent under the Loan Documents (including but not limited to the obligation of Borrower to timely pay or reimburse Issuing Lender for each draw under the Letter of Credit), or fails to make any other payment to any Lender as contemplated thereunder either by the terms hereof or otherwise.
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Payment of Obligations Under Loan Documents. Borrower's failure to make payment of any principal, interest, or other amount due on any indebtedness owed Bank under the Loan Documents, or failure to make any other payment to Bank as contemplated thereunder either by the terms hereof or otherwise.
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Related to Payment of Obligations Under Loan Documents

  • Performance of Obligations under Loan Documents The Borrower will pay the Notes according to the reading, tenor and effect thereof, and the Borrower will, and will cause each Subsidiary to, do and perform every act and discharge all of the obligations to be performed and discharged by them under the Loan Documents, including, without limitation, this Agreement, at the time or times and in the manner specified.

  • Payments Under Loan Documents The Borrower shall fail to pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit Borrowing or shall fail to pay any interest on any Loan, Reimbursement Obligation or Letter of Credit Borrowing or any other amount owing hereunder or under the other Loan Documents after such principal, interest or other amount becomes due in accordance with the terms hereof or thereof;

  • Repayment of Obligations Notwithstanding anything to the contrary contained herein, the Borrower shall repay the Advances Outstanding, all accrued and unpaid Yield, any Breakage Fees, Increased Costs, all accrued and unpaid costs and expenses of the Administrative Agent and Lenders and all other Obligations (other than unmatured contingent indemnification obligations) in full on the Facility Maturity Date.

  • Payment of Obligations Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all its material obligations of whatever nature, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto have been provided on the books of the relevant Group Member.

  • Fulfilment of Obligations The Parties shall take any general or specific measures required to fulfil their obligations under this Agreement.