Common use of Unconditional Payment Clause in Contracts

Unconditional Payment. Maker is and shall be obligated to pay principal, interest and any and all other amounts which become payable hereunder or under the other Loan Documents absolutely and unconditionally and without any abatement, postponement, diminution or deduction and without any reduction for counterclaim or setoff. In the event that at any time any payment received by Payee hereunder shall be deemed by a court of competent jurisdiction to have been a voidable preference or fraudulent conveyance under any bankruptcy, insolvency or other debtor relief law, then the obligation to make such payment shall survive any cancellation or satisfaction of this B Note or return thereof to Maker and shall not be discharged or satisfied with any prior payment thereof or cancellation of this B Note, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof, and such payment shall be immediately due and payable upon demand.

Unconditional Payment. Maker Borrower is and shall be obligated --------------------- to pay principal, interest and any and all other amounts which become payable hereunder or under the other Loan Documents absolutely and unconditionally and without any abatement, postponement, diminution or deduction and without any reduction for counterclaim or setoff. In the event that at any time any payment received by Payee Lender hereunder shall be deemed by a court of competent jurisdiction to have been a voidable preference or fraudulent conveyance under any bankruptcy, insolvency or other debtor relief law, then the obligation to make such payment shall survive any cancellation or satisfaction of this B Note or return thereof to Maker Borrower and shall not be discharged or satisfied with any prior payment thereof or cancellation of this B Note, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof, and such payment shall be immediately due and payable upon demand.

Unconditional Payment. Maker The Company is and shall be obligated to pay principal, interest and any and all other amounts which become payable hereunder or under the any other Loan Documents Operative Agreement absolutely and unconditionally and without any abatement, postponement, diminution or deduction and without any reduction for counterclaim or setoff. In the event that at any time any payment received by Payee the Purchaser hereunder shall be deemed by a court of competent jurisdiction to have been a voidable preference or fraudulent conveyance under any bankruptcy, insolvency or other debtor relief law, then the obligation to make such payment shall survive any cancellation or satisfaction of this B Note or return thereof to Maker the Company and shall not be discharged or satisfied with any prior payment thereof or cancellation of this B Note, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof, and such payment shall be immediately due and payable upon demand.. This

Unconditional Payment. Maker is and shall be obligated to pay principal, interest and any and all other amounts which become payable hereunder or under the other Loan Documents absolutely and unconditionally and without any abatement, postponement, diminution or deduction and without any reduction for counterclaim or setoff. In the event that at any time any payment received by Payee hereunder shall be deemed by a court of competent jurisdiction to have been a voidable avoidable preference or fraudulent conveyance under any bankruptcy, insolvency or other debtor relief law, then the obligation to make such payment shall survive any cancellation or satisfaction of this B Note or return thereof to Maker and shall not be discharged or satisfied with any prior payment thereof or cancellation of this B Note, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof, and such payment shall be immediately due and payable upon demand.

Unconditional Payment. Maker Borrower is and shall be obligated to pay principal, interest and any and all other amounts which become payable to Lender hereunder or under the other Loan Documents absolutely and unconditionally and without any abatement, postponement, diminution or deduction and without any reduction for counterclaim or setoff. In the event that at any time any payment received by Payee Lender hereunder shall be deemed by a court of competent jurisdiction to have been a voidable preference or fraudulent conveyance under any bankruptcy, insolvency or other debtor relief law, then the obligation to make such payment shall survive any cancellation or satisfaction of this B Note or return thereof to Maker Borrower and shall not be discharged or satisfied with any prior payment thereof or cancellation of this B Note, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof, and such payment shall be immediately due and payable upon demand.

Unconditional Payment. Maker Borrower is and shall be obligated to pay principal, interest and any and all other amounts which become payable hereunder or under the other Loan Documents absolutely and unconditionally and without any abatement, postponement, diminution or deduction and without any reduction for counterclaim or setoffset off. In the event that at any time any payment received by Payee Lender hereunder shall be deemed by a court of competent jurisdiction to have been a voidable preference or fraudulent conveyance under any bankruptcy, insolvency or other debtor relief law, then the obligation to make such payment shall survive any cancellation or satisfaction of this B Note or return thereof to Maker Borrower and shall not be discharged or satisfied with any prior payment thereof or cancellation of this B Note, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof, and such payment shall be immediately due and payable upon demand.

Unconditional Payment. Maker Borrower is and shall be obligated to pay all principal, interest and any and all other amounts which become payable hereunder under this Note or under any of the other Loan Documents absolutely and unconditionally and without any abatement, postponement, diminution or deduction whatsoever and without any reduction for counterclaim or setoffsetoff whatsoever. In the event that If at any time any payment received by Payee Lender hereunder shall be deemed by a court of competent jurisdiction to have been a voidable preference or fraudulent conveyance under any bankruptcy, insolvency or other debtor relief lawDebtor Relief Law, then the obligation to make such payment shall survive any cancellation or satisfaction of this B Note or return thereof to Maker Borrower and shall not be discharged or satisfied with any prior payment thereof or cancellation of this B Note, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof, hereof and such payment shall be immediately due and payable upon demand.

Unconditional Payment. Subject to clauses (c) and (d) of Section 2.1, Maker is and shall be obligated to pay all principal, interest and any and all other amounts which become payable hereunder or under the other Loan Documents this Note absolutely and unconditionally and without any abatement, postponement, diminution or deduction whatsoever and without any reduction for counterclaim or setoffsetoff whatsoever. In the event that If at any time any payment received by Payee hereunder shall be deemed by a court of competent jurisdiction to have been a voidable preference or fraudulent conveyance under any bankruptcy, insolvency or other debtor relief lawDebtor Relief Law, then the obligation to make such payment shall survive any cancellation or satisfaction of this B Note or return thereof to Maker and shall not be discharged or satisfied with any prior payment thereof or cancellation of this B Note, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof, and such payment shall be immediately due and payable upon demand.

Unconditional Payment. Maker Borrower is and shall be obligated to pay principal, interest and any and all other amounts which become payable hereunder or under the other Other Loan Documents absolutely and unconditionally and without any abatement, postponement, diminution or deduction and without any reduction for counterclaim or setoff. In the event that at any time any payment received by Payee Lender hereunder shall be deemed by a court of competent jurisdiction to have been a voidable avoidable preference or fraudulent conveyance under any bankruptcy, insolvency or other debtor relief law, then the obligation to make such payment shall survive any cancellation or satisfaction of this B Note or return thereof to Maker Borrower and shall not be discharged or satisfied with any prior payment thereof or cancellation of this B Note, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof, and such payment shall be immediately due and payable upon demand.

Unconditional Payment. Maker Borrower is and shall be obligated to pay all principal, interest and any and all other amounts which become payable hereunder under this Note or under any of the other Loan Documents absolutely and unconditionally and without any abatement, postponement, diminution or deduction whatsoever and without any reduction for counterclaim or setoffsetoff whatsoever. In the event that If at any time any payment received by Payee Lender hereunder shall be deemed by a court of competent jurisdiction to have been a voidable preference or fraudulent conveyance under any bankruptcy, insolvency Debtor Relief Law or other debtor relief lawapplicable laws, then the obligation to make such payment shall survive any cancellation or satisfaction of this B Note or return thereof to Maker Borrower and shall not be discharged or satisfied with any prior payment thereof or cancellation of this B Note, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof, and such payment shall be immediately due and payable immediately upon demand.