Payment of Loans. The Borrower shall punctually pay the principal and interest on the Loans, and all other sums falling due hereunder or under any other documents executed in connection with the Loans, in accordance with the terms hereof and thereof.
Payment of Loans. The Borrower will duly and punctually pay the Principal of, and interest on the Loans in accordance with the terms of the Loans and this Agreement.
Payment of Loans. The unpaid principal amount of the Loans plus all accrued and unpaid interest thereon and all other amounts owed thereunder with respect thereto shall be paid in full in cash on the Maturity Date.
Payment of Loans. If the selling Member has any outstanding debts to the Company or the purchasing Member that were not taken into consideration in determining the purchase price, all proceeds of the purchase price will be paid to the Company or the purchasing Member (pro rata in accordance with the amounts owed by the selling Member to each) for and on behalf of the selling Member until all such debts, including accrued and unpaid interest, will have been paid and discharged in full. If there are any outstanding loans owed by the Company or the purchasing Member to the selling Member or its Affiliates, such loans, including accrued and unpaid interest, shall be purchased without discount by the purchasing Member as a condition precedent to the closing, except to the extent that said obligations were taken into consideration in determining the purchase price. The purchase price for such loans shall be paid in full at the closing in the same manner as the purchase price for the Interest is paid. At the closing, the selling Member shall deliver to the purchasing Member each note or other instrument evidencing such loans, all documents securing such loans and an assignment or satisfaction, which assignment or satisfaction shall be at the election of the purchasing Member.
Payment of Loans. The Borrower agrees to repay the Loans in accordance with the terms and conditions of this Agreement and the Note.
Payment of Loans. The Borrower shall promptly pay the principal of and interest on the Loans on the dates and in the manner provided in this Agreement. Principal or interest shall be considered paid on the date due if on such date the Administrative Agent holds in accordance with this Agreement money sufficient to pay all principal and interest then due and the Administrative Agent is not prohibited from paying such money to the Lenders on that date pursuant to the terms of this Agreement.
Payment of Loans. 21 7.12 NOTIFICATION OF CHANGE OF NAME OR BUSINESS LOCATION............21 7.13 TANGIBLE NET WORTH.............................................21 7.14 RATIO OF TOTAL LIABILITIES TO TANGIBLE NET WORTH...............21 7.15
Payment of Loans. If there shall be any outstanding loans due from the Company to the selling Member or any Affiliates thereof (other than loans payable pursuant to Section 8.1(a), which shall be taken into account in determining the Reply Price or the Buy/Sell Price, as may apply), such loans, including accrued and unpaid interest, shall be purchased at par by the purchasing Member as a condition precedent to the Closing. The purchase price for such loans shall be paid in full at the Closing in the same manner as the Reply Price or the Buy/Sell Price (as may apply) is paid. At the Closing, the selling Member (or any Affiliates thereof) shall deliver and endorse without recourse to the purchasing Member each note or other instrument evidencing such loans and all documents securing such loans (including any loans referred to in Section 8.1(a)).
Payment of Loans. 50 7.5 Conduct of Business and Maintenance of Existence..................51 7.6 Maintenance of Property; Insurance................................51 7.7 Inspection of Property; Books and Records; Discussions............51 7.8
Payment of Loans. Any Borrower shall fail to pay any of the ---------------- principal of, or interest or premium, if any, on the Loans on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise).
