Common use of Punctual Payment Clause in Contracts

Punctual Payment. Punctually pay all principal, interest, fees or other liabilities due under any of the Loan Documents at the times and place and in the manner specified therein.

Appears in 9 contracts

Samples: Revolving Line of Credit Agreement (Gametech International Inc), Loan Agreement (Avigen Inc \De), Credit Agreement (Auspex Systems Inc)

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Punctual Payment. Punctually pay all principal, interest, fees or other liabilities due under any of the Loan Documents at the times and place and in the manner specified therein, and immediately upon demand by Bank, the amount by which the outstanding principal balance of any credit subject hereto at any time exceeds any limitation on borrowings applicable thereto.

Appears in 2 contracts

Samples: Credit Agreement (Interlink Electronics Inc), Credit Agreement (Microtel International Inc)

Punctual Payment. Punctually pay all principal, interest, fees or other liabilities due under any of the Loan Documents at the times and place and in the manner specified therein, and immediately upon demand by Bank, the amount by which the outstanding principal balance of any of the Credits at any time exceeds any limitation on borrowings applicable thereto.

Appears in 2 contracts

Samples: Loan Agreement (Futech Interactive Products Inc), Credit Agreement (Active Voice Corp)

Punctual Payment. Punctually pay all principal, interest, fees or ---------------- other liabilities due under any of the Loan Documents at the times and place and in the manner specified therein.

Appears in 2 contracts

Samples: Credit Agreement (International Network Services), Revolving Line of Credit Agreement (Hughes B Wayne Et Al)

Punctual Payment. Punctually pay all principal, interest, fees or other liabilities due under any of the Loan Documents at the times and place and in the manner specified therein, and immediately upon demand by Bank, the amount by which the outstanding principal balance of the Line of Credit at any time exceeds any limitation on borrowings applicable thereto.

Appears in 1 contract

Samples: Line of Credit Agreement (Network Peripherals Inc)

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Punctual Payment. Punctually pay all principal, interest, fees or other ---------------- liabilities due under any of the Loan Documents at the times and place and in the manner specified therein, and immediately upon demand by Bank, the amount by which the outstanding principal balance of any of the Credits at any time exceeds any limitation on borrowings applicable thereto].

Appears in 1 contract

Samples: Credit Agreement (Staar Surgical Company)

Punctual Payment. Punctually pay all principal, interest, fees or other liabilities due under any of the Loan Documents at the times and place and in the manner specified therein, and immediately upon demand by Bank.

Appears in 1 contract

Samples: Credit Agreement (Barrett Business Services Inc)

Punctual Payment. Punctually pay all principal, interest, fees or and other liabilities due payment obligations owing under any of the Loan Documents at the times and place and in the manner specified thereinin the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Accentia Biopharmaceuticals Inc)

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