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 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 3 contracts

Samples: Credit Agreement (Employers Holdings, Inc.), Credit Agreement (Ambassadors Group Inc), Credit Agreement (Mellanox Technologies, Ltd.)

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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 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 3 contracts

Samples: Credit Agreement, Credit Agreement (Simulations Plus Inc), Credit Agreement (Corsair Components, Inc.)

PUNCTUAL PAYMENTS. Punctually Each 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 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 (Summa Industries/), Credit Agreement (Gen Probe Inc)

PUNCTUAL PAYMENTS. Punctually Borrower shall punctually pay all principal, interest, fees or and other liabilities due under any of the Loan Documents at the times applicable time and place place, and in the manner 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 (Staar Surgical Company), Credit Agreement (Staar Surgical Company)

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 BankXxxxxx, 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: Loan Agreement (Aqua Metals, Inc.), Loan Agreement (Aqua Metals, 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 therein, and immediately upon demand by Bank, the amount by which the outstanding principal balance of any credit subject hereto of the Credits at any time exceeds any limitation on borrowings applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Smtek International Inc)

PUNCTUAL PAYMENTS. Punctually Borrower shall punctually pay all principal, interest, fees or and 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 1 contract

Samples: Credit Agreement (Columbia Sportswear Co)

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PUNCTUAL PAYMENTS. Punctually The 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 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 1 contract

Samples: Revolving Credit Agreement (Sentry Technology Corp)

PUNCTUAL PAYMENTS. Punctually Borrower shall punctually pay all principal, interest, fees or other indebtedness, obligations or 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 1 contract

Samples: Credit Agreement (Wilhelmina International, 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 thereintherein and all budgeted lease payments when due, and immediately upon demand by BankLender, the amount by which the outstanding principal balance of any credit subject hereto at any time exceeds any limitation on borrowings applicable thereto.”thereto 18

Appears in 1 contract

Samples: Credit Agreement

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