Common use of Perform Obligations Clause in Contracts

Perform Obligations. Debtor shall pay as and when due all Indebtedness secured by this Agreement and perform all of the obligations contained in this Agreement according to its terms. Debtor shall use the loan proceeds for business uses and not for personal, family, household, or agricultural uses.

Appears in 5 contracts

Samples: Security Agreement (Intuitive Surgical Inc), Security Agreement (Microcide Pharmaceuticals Inc), Security Agreement (Evergreen International Aviation Inc)

AutoNDA by SimpleDocs

Perform Obligations. Debtor shall pay as and when due all of the Indebtedness secured by this Agreement and perform all of the obligations contained in this Agreement according to its terms. Debtor shall use the loan proceeds for business uses and not for personal, family, household, or agricultural uses.

Appears in 4 contracts

Samples: Security Agreement (Praegitzer Industries Inc), Security Agreement (Praegitzer Industries Inc), Security Agreement (Praegitzer Industries Inc)

Perform Obligations. Debtor shall pay as and when due all Indebtedness ------------------- secured by this Agreement and perform all of the obligations contained in this Agreement according to its terms. Debtor shall use the loan proceeds for business uses and not for personal, family, household, or agricultural uses.

Appears in 1 contract

Samples: Security Agreement (Sheffield Steel Corp)

Perform Obligations. Debtor shall pay as and when due all of the Indebtedness secured by ------- ----------- this Agreement and perform all of the obligations contained in this Agreement according to its terms. Debtor shall use the loan proceeds primarily for business uses and not for personal, family, household, or agricultural uses.

Appears in 1 contract

Samples: Security Agreement (Summagraphics Corp)

Perform Obligations. Debtor shall pay as and when due all of the Indebtedness secured by this Agreement and perform all of the obligations contained in this Agreement according to its terms. Debtor shall use the loan proceeds primarily for business uses and not for personal, family, household, or agricultural uses.

Appears in 1 contract

Samples: Security Agreement (Oregon Baking Co Dba Marsee Baking)

AutoNDA by SimpleDocs

Perform Obligations. Debtor Debtors shall pay as and when due all Indebtedness secured by this Agreement and perform all of the obligations contained in this Agreement according to its terms. Debtor Debtors shall use the loan proceeds for business uses and not for personal, family, household, or agricultural uses.

Appears in 1 contract

Samples: Loan and Security Agreement (Arabian Shield Development Co)

Perform Obligations. Debtor shall pay as and when due all of the Indebtedness secured by this Agreement and perform all of the obligations contained in this Agreement according to its terms. Debtor shall use the loan proceeds primarily for business uses and not for personal, family, household, or agricultural uses.

Appears in 1 contract

Samples: Security Agreement (Iomega Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!