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 Revolving Credit Note on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise).

Appears in 5 contracts

Samples: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Allied Healthcare Products Inc), Loan and Security Agreement (Iwt Tesoro Corp)

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

Appears in 4 contracts

Samples: Loan Agreement (Friedmans Inc), Loan Agreement (Friedmans Inc), Loan Agreement (Friedmans Inc)

Payment of Other Obligations. Borrower shall fail to pay any of the Obligations that are not evidenced by the Revolving Credit Note Notes 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 (Brazos Sportswear Inc /De/), Loan and Security Agreement (Industrial Data Systems Corp), Loan and Security Agreement (Mmi Products Inc)

Payment of Other Obligations. Borrower shall fail to pay any of the Obligations that are not evidenced by the Revolving Credit Note 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 (Joule Inc)

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

Appears in 1 contract

Samples: Loan Agreement (United Natural Foods Inc)

Payment of Other Obligations. Borrower shall fail to pay any of the Obligations that are not evidenced by the Revolving Credit Note Notes on the due date thereof therefor (whether due at stated maturity, on demand, upon acceleration or otherwiseotherwise upon applicable notice).

Appears in 1 contract

Samples: Loan and Security Agreement (Financial Performance Corp)

Payment of Other Obligations. Borrower shall fail to pay any of the Obligations that are not evidenced by the Revolving Credit Term 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 (Meade Instruments Corp)

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