Payments to be Made Upon Default. If any Loan Party fails to pay or perform any Guaranteed Obligation when due in accordance with its terms (whether at stated maturity, by acceleration or otherwise) or if any Default or Event of Default specified in Section 8.01(f) and (g) of the Credit Agreement occurs with respect to any Loan Party, the Guarantors shall, forthwith on demand of the Administrative Agent, pay the aggregate amount of all Guaranteed Obligations to the Administrative Agent.
Appears in 3 contracts
Samples: Guaranty (Steinway Musical Instruments Holdings, Inc.), Guaranty (Steinway Musical Instruments Holdings, Inc.), Guaranty (Steinway Musical Instruments Holdings, Inc.)
Payments to be Made Upon Default. If any U.S. Loan Party fails to pay or perform any Guaranteed Obligation when due in accordance with its terms (whether at stated maturity, by acceleration or otherwise) or if any Default or Event of Default specified in Section 8.01(f) and or (g) of the Credit Agreement occurs with respect to any Loan Party, the U.S. Guarantors shall, forthwith on demand of the Administrative Agent, pay the aggregate amount of all Guaranteed Obligations due and owing to the Administrative Agent.
Appears in 3 contracts
Samples: Credit Agreement (Masonite International Corp), u.s. Guaranty (Masonite International Corp), u.s. Guaranty (Masonite International Corp)
Payments to be Made Upon Default. If the Borrower or any other Loan Party fails to pay or perform any Guaranteed Obligation when due in accordance with its terms (whether at stated maturity, by acceleration or otherwise) or if any Default or an Event of Default specified in Section 8.01(f) and (g) of the Credit Agreement occurs with respect to any Loan Partythe Borrower, the Subsidiary Guarantors shall, forthwith on without any notice or demand of the Administrative Agentwhatsoever, pay the aggregate amount of all Guaranteed Obligations owed to the Administrative AgentAgent for application in accordance with Section 2.03(c) hereof.
Appears in 2 contracts
Samples: Credit Agreement (Sucampo Pharmaceuticals, Inc.), Credit Agreement (Amag Pharmaceuticals Inc.)
Payments to be Made Upon Default. If the Borrower or any Other Loan Party fails to pay or perform any Guaranteed Obligation when due in accordance with its terms (whether at stated maturity, by acceleration or otherwise) or if any Default or Event of Default specified in Section 8.01(f) and (g) of the Credit Agreement occurs with respect to any Loan Partythe Borrower, the Guarantors shall, forthwith on demand of the Administrative Agent, pay the aggregate amount of all Guaranteed Obligations to the Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (Global Cash Access Holdings, Inc.), Guaranty (Central Credit, LLC)
Payments to be Made Upon Default. If the Borrower or any Other Loan Party fails to pay or perform any Guaranteed Obligation when due in accordance with its terms (whether at stated maturity, by acceleration or otherwise) or if any Default or Event of Default specified in Section 8.01(f) and (g) of under the Credit Agreement occurs with respect to any Loan Partythe Borrower, the Guarantors shall, forthwith on demand of the Administrative Agent, pay the aggregate amount of all Guaranteed Obligations owed respectively to the Administrative Agent.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (MKS Instruments Inc), Credit Agreement (Albany Molecular Research Inc)
Payments to be Made Upon Default. If the Borrower or any Other Loan Party fails to pay or perform any Guaranteed Obligation when due in accordance with its terms (whether at stated maturity, by acceleration or otherwise) or if any Default or Event of Default specified in Section 8.01(f) and (g) of the Credit Agreement occurs with respect to any Loan Partythe Borrower, the Guarantors shall, forthwith on demand of the Administrative Agent, pay the aggregate amount of all Guaranteed Obligations owed respectively to the Administrative Agent.
Appears in 1 contract
Samples: Guaranty (Sbarro Express LLC)
Payments to be Made Upon Default. If any Loan Party fails to pay or perform any Guaranteed Obligation when due in accordance with its terms (whether at stated maturity, by acceleration or otherwise) or if any Default or Event of Default specified in Section 8.01(f) and or (g) of the Credit Agreement occurs with respect to any Loan Party, the U.S. Guarantors shall, forthwith on demand of the Administrative Agent, pay the aggregate amount of all Guaranteed Obligations due and owing to the Administrative Agent.
Appears in 1 contract
Payments to be Made Upon Default. If the Borrower or any Other Loan Party fails to pay or perform any Guaranteed Obligation when due in accordance with its terms (whether at stated maturity, by acceleration or otherwise) or if any Default or Event of Default specified in Section 8.01(f) and (g) of the Credit Agreement occurs with respect to any Loan Partythe Borrower, the Guarantors shall, in accordance with the terms of the Intercreditor Agreement and forthwith on demand of the Administrative Agent, pay the aggregate amount of all Guaranteed Obligations owed respectively to the Administrative Agent.
Appears in 1 contract
Samples: Guaranty (Sbarro Inc)
Payments to be Made Upon Default. If any Borrower or any Other Loan Party fails to pay or perform any Guaranteed Obligation when due in accordance with its terms (whether at stated maturity, by acceleration or otherwise) or if any Default or Event of Default specified in Section 8.01(f) and (g) of under the Credit Agreement occurs with respect to any Loan Partythe Borrowers, the Guarantors shall, forthwith on demand of the Administrative Agent, pay the aggregate amount of all Guaranteed Obligations owed respectively to the Administrative Agent.
Appears in 1 contract
