Common use of Payment on Demand Clause in Contracts

Payment on Demand. The obligation of each Guarantor to pay the amount of the Guaranteed Obligations and all other amounts payable by it to the holders of the Notes under this Guarantee arises, and each Guarantor shall make such payments, immediately after demand for same is made in writing to it by the holders of the Notes.

Appears in 4 contracts

Sources: Note Purchase Agreement (Colliers International Group Inc.), Note Purchase Agreement (Colliers International Group Inc.), Note Purchase Agreement (Colliers International Group Inc.)

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

Appears in 3 contracts

Sources: Guarantee (E-World Usa Holding,inc), Guarantee (E-World Usa Holding,inc), Guarantee (E-World Usa Holding,inc)

Payment on Demand. The obligation of each the Guarantor to pay the amount of the Guaranteed Obligations and all other amounts payable by it to the holders of Secured Creditors or the Notes Collateral Agent under this Guarantee arisesshall arise, and each the Guarantor shall make such payments, immediately after demand for same is made in writing to it by the holders it. The liability of the NotesGuarantor shall bear interest from the date of such demand at the rate or rates of interest then applicable to the Guaranteed Obligations under and calculated in the manner provided in the Credit Documents.

Appears in 2 contracts

Sources: Canadian Subsidiary Guarantee (Williams Scotsman Inc), Canadian Subsidiary Guarantee (Williams Scotsman International Inc)

Payment on Demand. The obligation of each Guarantor to pay the amount of the Guaranteed Obligations and all other amounts payable by it to the holders of the Notes Noteholders under this Note Guarantee arises, and each Guarantor shall make such payments, immediately after demand for same is made in writing to it by the holders of the NotesNoteholders.

Appears in 1 contract

Sources: Note Purchase and Private Shelf Agreement (FirstService Corp)

Payment on Demand. The obligation of each Guarantor to pay the amount of the Guaranteed Obligations and all other amounts payable by it to the holders of the Notes Lender under this Guarantee arises, and each Guarantor shall make such payments, immediately after demand for same is made in writing to it by the holders of the NotesLender.

Appears in 1 contract

Sources: Credit Agreement

Payment on Demand. The obligation of each Guarantor the Guarantors to pay the amount of the Guaranteed Obligations and all other amounts payable by it to the holders of the Notes Lender under this Guarantee arises, and each Guarantor the Guarantors shall make such payments, immediately after demand for same is made in writing to it by the holders of the NotesLender.

Appears in 1 contract

Sources: Guarantee