Common use of Payment on Demand Clause in Contracts

Payment on Demand. The obligation of the Guarantor to pay the amount of the Guaranteed Obligations and all other amounts payable by it to the Agent and the Vendors under this Guarantee arises, and the Guarantor shall make such payments, promptly after demand for same is made in writing to it by the Agent, which demand may only be made when such Guaranteed Obligations become due pursuant to the terms and conditions of the Promissory Note.

Payment on Demand. The obligation Each of the Guarantor to Guarantors will pay and perform the amount of the Guaranteed Obligations and pay all other amounts payable by it to the Secured Parties or the Collateral Agent and the Vendors under this Guarantee arisesGuarantee, and the Guarantor shall make such paymentsobligation to do so arises, promptly immediately after demand for same such payment or performance is made in writing to it by such Guarantor. The liabilities of each of the Agent, which Guarantors bear interest from the date of such demand may only be made when such Guaranteed Obligations become due pursuant at the rate or rates of interest then applicable to the terms Obligations under and conditions calculated in the manner provided in the Loan Documents (including any adjustment to give effect to the provisions of the Promissory NoteInterest Act (Canada)).

Payment on Demand. The obligation of the Guarantor to pay the amount of the Guaranteed Obligations and all other amounts payable by it to the Secured Creditors or the Collateral Agent and the Vendors under this Guarantee arisesshall arise, and the Guarantor shall make such payments, promptly immediately after demand for same is made in writing to it by it. The liability of the Agent, which Guarantor shall bear interest from the date of such demand may only be made when such at the rate or rates of interest then applicable to the Guaranteed Obligations become due pursuant to under and calculated in the terms and conditions of manner provided in the Promissory NoteCredit Documents.

Payment on Demand. The obligation of the each Guarantor to pay the amount of the Guaranteed Obligations and all other amounts payable by it to the Agent and holders of the Vendors Notes under this Guarantee arises, and the each Guarantor shall make such payments, promptly immediately after demand for same is made in writing to it by the Agent, which demand may only be made when such Guaranteed Obligations become due pursuant to the terms and conditions holders of the Promissory NoteNotes.

Payment on Demand. The obligation of the each Guarantor to pay the amount of the Guaranteed Obligations and all other amounts payable by it to the Agent and the Vendors Lender under this Guarantee arises, and the each Guarantor shall make such payments, promptly immediately after demand for same is made in writing to it by the Agent, which demand may only be made when such Guaranteed Obligations become due pursuant to the terms and conditions of the Promissory NoteLender.

Payment on Demand. The obligation of the each Guarantor to pay the amount of the Guaranteed Obligations and all other amounts payable by it to the Agent and the Vendors Noteholders under this Note Guarantee arises, and the each Guarantor shall make such payments, promptly immediately after demand for same is made in writing to it by the Agent, which demand may only be made when such Guaranteed Obligations become due pursuant to the terms and conditions of the Promissory NoteNoteholders.

Payment on Demand. The obligation of the Guarantor Guarantors to pay the amount of the Guaranteed Obligations and all other amounts payable by it to the Agent and the Vendors Lender under this Guarantee arises, and the Guarantor Guarantors shall make such payments, promptly immediately after demand for same is made in writing to it by the Agent, which demand may only be made when such Guaranteed Obligations become due pursuant to the terms and conditions of the Promissory NoteLender.

Payment on Demand. The obligation of the Guarantor to pay the any amount of the Guaranteed Obligations when due and all other amounts due and payable by it to the Agent and the Vendors Creditor under this Guarantee arisesshall arise, and the Guarantor shall make such payments, promptly immediately after demand for same is made in writing to it by the Agent, which demand may only be made when such Guaranteed Obligations become due pursuant to the terms and conditions it. The liability of the Promissory NoteGuarantor shall bear interest from the date of such demand at the rate of 15% per annum.