Repayment of Principal and Other Obligations Sample Clauses

Repayment of Principal and Other Obligations. The Borrowers hereby unconditionally promise to pay to the Lender the entire then-outstanding principal balance of the Loan, together with all accrued and unpaid interest and fees hereunder and any and all costs and expenses and/or other Obligations of any kind then outstanding under any and all Loan Documents, in full on the Termination Date without deduction, withholding (subject to Section 2.12), defense, set off or counterclaim of any sort. In the absence of an Event of Default, all payments on account of the Obligations received under this paragraph (D) shall be applied as provided for in paragraph (B) above. Following the occurrence of an Event of Default, payments and proceeds of Collateral may be applied to the Obligations in such order as Agent may determine.
Sample 1
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Repayment of Principal and Other Obligations. The entire then-outstanding principal balance of the (i) Bridge Loan, together with all accrued and unpaid interest thereon shall be due and payable in full on the Bridge Loan Repayment Date, (ii) Revolving Advances, together with all accrued and unpaid interest and fees hereunder and any and all costs and expenses and/or other Obligations of any kind then outstanding under any and all Loan Documents, shall be due and payable in full on the Termination Date, in each case without deduction, defense, set off or counterclaim of any sort. In the absence of an Event of Default, all payments on account of the Obligations received under this paragraph (C) shall be applied as provided for in paragraph (A) above. Following the occurrence of an Event of Default, payments and proceeds of Collateral may be applied to the Obligations in such order as Lender may determine.
Sample 1
Repayment of Principal and Other Obligations. The Borrower shall repay in full or repay in full and reborrow (in full or in part) the outstanding principal amount of each Advance on each Payment Date. The entire principal amount of the Loan shall mature and become due and payable, and shall be repaid by the Borrower, in a single installment on the Maturity Date. The Borrower shall pay any other obligation under this Agreement, the Revolving Credit Note and any other Loan Document as they come due, but in no case later than the Maturity Date.
Sample 1
Repayment of Principal and Other Obligations. The entire then-outstanding principal balance of the Loan, together with all accrued and unpaid interest and fees hereunder and any and all costs and expenses and/or other Obligations of any kind then outstanding under any and all Loan Documents, shall be due and payable in full on the Termination Date without deduction, defense, set off or counterclaim of any sort. Without regard to and without limiting or waving any other right, option or remedy at any time available to Lender, Lender shall have the right (regardless of whether the conditions of Section 3.2 have been satisfied and without further request or consent of Borrower) to charge the Loan (and thereby be deemed to have made an Advance thereunder) for the amount of any of the Obligations of Borrower which are not paid when due.
Sample 1
Repayment of Principal and Other Obligations. (i) The entire then-outstanding principal balance of the Term Loan, together with all accrued and unpaid interest and fees and any and all costs and expenses and/or other Obligations of any kind then outstanding under any and all Loan Documents, shall be due and payable in full on the Termination Date, without defense, set off or counterclaim of any sort. In the absence of an Event of Default, all payments on account of the Obligations received under this paragraph (C) shall be applied as provided for in paragraph (A) above.
Sample 1

Related to Repayment of Principal and Other Obligations

  • Payment of Principal, Interest and Other Amounts The Trust will duly and punctually pay the principal of and interest, Additional Interest Amounts and Make-Whole Payments, if any, on the Notes according to the terms of the Notes and this Indenture. Amounts withheld under the Code or State or local tax law by any Person from a payment to a Noteholder will be considered as having been paid by the Trust to the Noteholder.

  • Repayment of Principal and Interest (a) The entire outstanding principal balance of the Loans shall be due and payable by no later than 5:00 p.m. (Eastern time) on the Business Day on which the Loan is due, together with all remaining accrued and unpaid interest thereon, unless an extension of no more than three additional days is authorized by the Lending Company.

  • Debts, Guaranties and Other Obligations The Borrower shall not, and shall not permit any of its Subsidiaries to, create, assume, suffer to exist, or in any manner become or be liable in respect of, any Debt except:

  • Default in Payment of Principal of Loans and Reimbursement Obligations The Borrower shall default in any payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise).

  • Default in Payment of Interest and Other Obligations The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Days.

  • Interest and other amounts Any prepayment under this Agreement shall be made together with accrued interest on the amount prepaid and, subject to any Break Costs, without premium or penalty.

  • Payment of Taxes and Other Indebtedness Each Credit Party will, and will cause each of its Subsidiaries to, pay and discharge (a) all taxes, assessments and governmental charges or levies imposed upon it, or upon its income or profits, or upon any of its properties, before they shall become delinquent, (b) all lawful claims (including claims for labor, materials and supplies) which, if unpaid, might give rise to a Lien upon any of its properties, and (c) except as prohibited hereunder, all of its other Indebtedness as it shall become due; provided, however, that no Consolidated Party shall be required to pay any such tax, assessment, charge, levy, claim or Indebtedness which is being contested in good faith by appropriate proceedings and as to which adequate reserves therefor have been established in accordance with GAAP, unless the failure to make any such payment (i) could give rise to an immediate right to foreclose on a Lien securing such amounts or (ii) could have a Material Adverse Effect.

  • Payment of Taxes and Other Obligations Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, subject, where applicable, to specified grace periods, (a) all of its taxes (Federal, state, local and any other taxes) and (b) all of its other obligations and liabilities of whatever nature in accordance with industry practice and (c) any additional costs that are imposed as a result of any failure to so pay, discharge or otherwise satisfy such taxes, obligations and liabilities, except when the amount or validity of any such taxes, obligations and liabilities is currently being contested in good faith by appropriate proceedings and reserves, if applicable, in conformity with GAAP with respect thereto have been provided on the books of the Credit Parties.

  • Debt and Other Obligations Borrower’s obligations for the payment of the Debt and the performance of the Other Obligations shall be referred to collectively herein as the “Obligations.”

  • Indebtedness and Other Obligations No Loan Party will create, incur, assume or permit to exist any Indebtedness, except Permitted Indebtedness.

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