Payment of the Indebtedness. The indebtedness hereby secured will be promptly paid as and when the same becomes due.
Payment of the Indebtedness. If the Indebtedness shall be fully paid and the covenants herein contained shall be performed, the entire right, title and interest of the Secured Party shall thereupon cease; and the Secured Party in such case shall, upon the request of the Debtor and at the Debtor’s cost and expense, deliver to the Debtor proper instruments acknowledging satisfaction of this Security Agreement.
Payment of the Indebtedness. Borrower shall punctually pay the Indebtedness at the times and in the manner provided in the Note and the other Loan Documents, all in lawful money of the United States of America.
Payment of the Indebtedness. The Mortgagor will duly and punctually pay all Indebtedness when and as due and payable and will punctually perform and observe all its obligations and covenants under the Note and other documents executed in connection therewith, in accordance with the terms thereof.
Payment of the Indebtedness. Mortgagor shall duly and punctually pay the principal of, interest on, and all other amounts payable in respect of the Indebtedness, including each and every Obligation owing under the terms of the Note, as the same shall become due and payable under the Note.
Payment of the Indebtedness. The Shipowner agrees to pay the Indebtedness (as defined below) in accordance with the terms of this Mortgage and the other Finance Documents and shall observe, perform and comply with all of the Shipowner’s Obligations (as defined below).
Payment of the Indebtedness. Prior to or at the Closing, Sellers shall pay the Indebtedness set forth on Schedule 2.6 in full and shall deliver to Buyer satisfactory evidence that they have done so. Prior to the Closing, Sellers shall use their commercially reasonable efforts to cause each holder of Indebtedness listed on Schedule 2.6 to enter into an agreement to release or authorize the release of any Encumbrances on any of the Acquired Companies’ assets securing such Indebtedness upon payment in full of such Indebtedness and shall cause such agreement to be delivered to Buyer.
Payment of the Indebtedness. Except with respect to Permitted Set-Offs as defined in Section 4.7 hereof, the Mortgagor will punctually pay the Indebtedness in immediately available funds as provided herein, in the Note or in any other loan documents (the "Loan Documents") delivered to the Mortgagee in connection with the loan (the "Loan") evidenced by the Note, all in the coin and currency of the United States of America which is legal tender for the payment of public and private debts.
Payment of the Indebtedness. The Grantor shall (a) pay the obligations evidenced by the Debentures as therein provided, (b) pay and perform when due all payments and obligations required under any lien that may now or hereafter have priority over the lien of this Deed of Trust, and (c) pay all sums due under and perform all of its obligations under the Debentures, this Deed of Trust and the other Loan Documents.
Payment of the Indebtedness. Mortgagor will duly and punctually pay the Indebtedness in accordance with the terms of the Note and the Revolving Credit Loan Agreement of even date between Mortgagor and Mortgagee (the "Credit Agreement") when and as due and payable. The provisions of the Credit Agreement are hereby incorporated by reference into this Mortgage as fully as if set forth at length herein.
