Common use of PUNCTUAL PAYMENTS Clause in Contracts

PUNCTUAL PAYMENTS. 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 Lender, 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 9 contracts

Samples: Term Loan Agreement (Vicon Industries Inc /Ny/), Credit Agreement (Vicon Industries Inc /Ny/), Credit Agreement (IRONCLAD ENCRYPTION Corp)

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PUNCTUAL PAYMENTS. Punctually Borrower shall 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 Lender, 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 7 contracts

Samples: Credit Agreement (Horsehead Holding Corp), Credit Agreement (Landec Corp \Ca\), Im Credit Agreement (Landec Corp \Ca\)

PUNCTUAL PAYMENTS. 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 Lenderthe Administrative Agent, 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 4 contracts

Samples: Credit Agreement (MGP Ingredients Inc), Credit Agreement (MGP Ingredients Inc), Credit Agreement (MGP Ingredients Inc)

PUNCTUAL PAYMENTS. Punctually Borrower shall 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 thereintherein (subject to any grace periods, and immediately upon demand by Lender, the amount by which the outstanding principal balance of any credit subject hereto at any time exceeds any limitation on borrowings applicable theretoif applicable).

Appears in 3 contracts

Samples: Senior Secured Loan Agreement (Origen Financial Inc), Senior Secured Loan Agreement (Origen Financial Inc), Senior Secured Loan Agreement (Origen Financial Inc)

PUNCTUAL PAYMENTS. Punctually pay all principal, interest, fees or other liabilities due under any of the Loan Documents at the times and place places and in the manner specified therein, and immediately upon demand by Lender, 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: Subordination Agreement (iCoreConnect Inc.), Loan and Security Agreement (iCoreConnect Inc.)

PUNCTUAL PAYMENTS. 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 LenderLxxxxx, 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 1 contract

Samples: Line of Credit Agreement (Humbl, Inc.)

PUNCTUAL PAYMENTS. Punctually pay Pay when due 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 LenderBank, the amount by which the outstanding principal balance of any credit subject hereto at any time exceeds any limitation on borrowings applicable theretothereto pursuant to the terms of the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Arden Group Inc)

PUNCTUAL PAYMENTS. 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 Lender, the Agent the amount by which the outstanding principal balance of any credit subject hereto Revolving Advances and/or Letter of Credit Obligations at any time exceeds any limitation on borrowings applicable thereto.

Appears in 1 contract

Samples: Loan Agreement (Good Guys Inc)

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PUNCTUAL PAYMENTS. Punctually pay all principalthe interest and principal on each of the Loan Documents requiring any such payments at the times and place and in the manner specified therein, interest, and any 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 Lender, the amount by which the outstanding principal balance of any credit subject hereto the Obligations is at any time exceeds in excess of any limitation on borrowings applicable theretohereunder.

Appears in 1 contract

Samples: Loan Agreement (Iomega Corp)

PUNCTUAL PAYMENTS. Punctually pay all principal, interest, fees or other liabilities due under the Note or any of the other Loan Documents Document at the times and place and in the manner specified therein, and immediately upon demand by Lender, 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 1 contract

Samples: Line of Credit Agreement (Helix Wind, Corp.)

PUNCTUAL PAYMENTS. Punctually pay all principal, interest, fees or other liabilities due under any of the Loan Documents to which it is a party at the times and place and in the manner specified therein, and immediately upon demand by LenderLenders, the amount by which the outstanding principal balance of any credit subject hereto the Loans to Borrower at any time exceeds any limitation on borrowings applicable thereto.

Appears in 1 contract

Samples: Loan Agreement (Colmena Corp)

PUNCTUAL PAYMENTS. 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 Lender, the amount by which the outstanding principal balance of any credit subject hereto Revolving Loans and/or Letter of Credit Obligations at any time exceeds any limitation on borrowings applicable thereto.

Appears in 1 contract

Samples: Loan Agreement (Andataco Inc)

PUNCTUAL PAYMENTS. Punctually pay all principal, interest, fees 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 Lender, 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 1 contract

Samples: Construction Loan Agreement (Nutex Health, Inc.)

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