Common use of Punctual Payment and Performance Clause in Contracts

Punctual Payment and Performance. Borrowers shall duly and punctually pay the principal and interest on the Loans, the overriding royalty payments and all other amounts provided for in this Agreement, or any other Loan Document, and shall perform all its obligations and covenants under all Loan Documents.

Appears in 1 contract

Sources: Financing Agreement (Foreland Corp)

Punctual Payment and Performance. Borrowers Borrower shall duly and -------------------------------------- punctually pay the principal and interest on the Loans, the overriding royalty payments Loans and all other amounts provided for in this Agreement, or any other Loan Document, and shall perform all its obligations and covenants under all Loan Documents.

Appears in 1 contract

Sources: Loan and Security Agreement (Cahill Edward L)

Punctual Payment and Performance. Borrowers Borrower shall duly and punctually pay the principal and interest on the Loans, the overriding royalty payments Loans and all other amounts provided for in this Agreement, or any other Loan Document, and shall perform all its obligations and covenants under all Loan Documents.

Appears in 1 contract

Sources: Loan and Security Agreement (Environmental Safeguards Inc/Tx)

Punctual Payment and Performance. Borrowers Borrower shall duly and punctually pay the principal and interest on the Loans, the overriding royalty payments and all other amounts provided for in this Agreement, or any other Loan Document, and shall perform all its obligations and covenants under all Loan Documents.

Appears in 1 contract

Sources: Financing Agreement (Energy Partners LTD)

Punctual Payment and Performance. Borrowers Debtor shall duly and punctually pay the principal and interest on the Loans, the overriding royalty payments Loan and all other amounts provided for in this Agreement, or any other Loan Document, and shall perform all its obligations and covenants under all Loan Documents.

Appears in 1 contract

Sources: Loan Agreement (Quazon Corp /Nv/)