Agreement to Pay and Perform Sample Clauses

Agreement to Pay and Perform. Costs of Collection. Guarantor does hereby agree that if the Note is not paid by Borrower in accordance with its terms, or if any and all sums which are now or may hereafter become due from Borrower to Lender under the Loan Documents are not paid by Borrower in accordance with their terms, or if any and all other obligations of Borrower to Lender under the Note and the Loan Documents are not performed by Borrower in accordance with their terms, Guarantor will immediately make such payments and perform such obligations. Guarantor further agrees to pay Lender on demand all reasonable costs and expenses (including court costs and reasonable attorneys' fees and disbursements) paid or incurred by Lender in endeavoring to collect the indebtedness guaranteed hereby, to enforce any of the other obligations of Borrower guaranteed hereby, or any portion thereof, or to enforce this Guaranty, and until paid to Lender, such sums shall bear interest at the default rate set forth in the Credit Agreement unless collection from Guarantor of interest at such rate would be contrary to applicable law, in which event such sums shall bear interest at the highest rate which may be collected from Guarantor under applicable law.

Agreement to Pay and Perform. Additional Client hereby promises to pay all sums due or to become due from Clients under the Factoring Documents and to perform all of the other Obligations of Clients under the Factoring Documents, all as provided herein and therein. This Joinder will constitute an amendment to the Factoring Agreement and the other Factoring Documents. Without limiting the generality of the foregoing and concurrently with the execution and delivery of this Joinder, Additional Client will execute and deliver to Factor such other and further documents as Factor may reasonably require to carry out the purpose and intent of this Joinder.