Common use of Payment of Other Obligations Clause in Contracts

Payment of Other Obligations. Borrower shall fail to pay any of the Obligations that are not evidenced by the Term Note or the Equipment Note on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise).

Appears in 3 contracts

Samples: Loan and Security Agreement (Advanced Technical Products Inc), Loan and Security Agreement (Advanced Technical Products Inc), Loan and Security Agreement (Black Warrior Wireline Corp)

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Payment of Other Obligations. Borrower shall fail fails to pay any of the Obligations that are not evidenced by the Term Note or the Equipment Note Notes on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise).

Appears in 2 contracts

Samples: Term Loan Agreement (Drypers Corp), Credit Agreement (Drypers Corp)

Payment of Other Obligations. Borrower shall fail to pay any of the Obligations that are not evidenced by the Term Note or the Equipment Note Notes on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise).

Appears in 2 contracts

Samples: Loan and Security Agreement (Brazos Sportswear Inc /De/), Loan and Security Agreement (First Aviation Services Inc)

Payment of Other Obligations. Borrower Borrowers shall fail to pay any of the Obligations that are not evidenced by the Term Note Notes or the Equipment Note on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise).

Appears in 1 contract

Samples: Loan and Security Agreement (Tmci Electronics Inc)

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Payment of Other Obligations. Borrower Borrowers shall fail to pay any of the Obligations that are not evidenced by the Term Note or the Equipment Note Notes on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise).

Appears in 1 contract

Samples: Loan and Security Agreement (Brazos Sportswear Inc /De/)

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