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. DOCSOC/1656044v2/018854-0004 Exhibit 10.27

Appears in 1 contract

Samples: Credit Agreement (Endologix Inc /De/)

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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 within ten (10) days of 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. DOCSOC/1656044v2/018854-0004 Exhibit 10.27.

Appears in 1 contract

Samples: Credit Agreement (Tejon Ranch Co)

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 the Line of Credit (inclusive of the amount available to be drawn under outstanding Letters of Credit) exceeds any limitation on borrowings applicable thereto. DOCSOC/1656044v2/018854-0004 Exhibit 10.27the limitations set forth in Section 1.1 (b) above.

Appears in 1 contract

Samples: Credit Agreement (Micrus 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 thereintherein (and subject to any applicable notice and/or cure periods), and immediately promptly upon written 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. DOCSOC/1656044v2/018854-0004 Exhibit 10.27.

Appears in 1 contract

Samples: Credit Agreement (Korn Ferry International)

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. DOCSOC/1656044v2/018854-0004 Exhibit 10.27

Appears in 1 contract

Samples: Credit Agreement (Flexsteel Industries 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 Bank, the amount by which the outstanding principal balance of any credit subject hereto at any time exceeds any limitation on borrowings applicable thereto. DOCSOC/1656044v2/018854-0004 Exhibit 10.27.

Appears in 1 contract

Samples: Credit Agreement (Westcoast Hospitality Capital Trust)

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 BankXxxxxx, the amount by which the outstanding principal balance of any credit subject hereto at any time exceeds any limitation on borrowings applicable thereto. DOCSOC/1656044v2/018854-0004 Exhibit 10.27thereto 18

Appears in 1 contract

Samples: Senior Secured Super Priority Debtor in Possession Credit Agreement

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 within three (3) days following 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. DOCSOC/1656044v2/018854-0004 Exhibit 10.27.

Appears in 1 contract

Samples: Credit Agreement (EnviroStar, 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 Bank, the amount by which the outstanding principal balance of any credit subject hereto at any time exceeds any limitation on borrowings applicable thereto. DOCSOC/1656044v2/018854-0004 Exhibit 10.27.

Appears in 1 contract

Samples: Credit Agreement (Culp Inc)

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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 of the Credits at any time exceeds any limitation on borrowings applicable thereto. DOCSOC/1656044v2/018854-0004 Exhibit 10.279.

Appears in 1 contract

Samples: Credit Agreement (Stratford American 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 Bank, the amount by which the outstanding principal balance of any credit subject hereto at any time exceeds any limitation on borrowings applicable thereto. DOCSOC/1656044v2/018854-0004 Exhibit 10.27."

Appears in 1 contract

Samples: Credit Agreement (Sharps Compliance 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 BankLenders, the amount by which the outstanding principal balance of any credit subject hereto at any time exceeds any limitation on borrowings applicable thereto. DOCSOC/1656044v2/018854-0004 Exhibit 10.27.

Appears in 1 contract

Samples: Credit Agreement (Purple Innovation, 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 BankXxxxxx, the amount by which the outstanding principal balance of any credit subject hereto at any time exceeds any limitation on borrowings applicable thereto. DOCSOC/1656044v2/018854-0004 Exhibit 10.27.

Appears in 1 contract

Samples: Senior Secured Super Priority Debtor in Possession Credit Agreement

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 BankCPC, the amount by which the outstanding principal balance of any credit subject hereto at any time exceeds any limitation on borrowings applicable thereto. DOCSOC/1656044v2/018854-0004 Exhibit 10.27.

Appears in 1 contract

Samples: Credit Agreement (Datalink Corp)

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