Borrower Obligations. (a) No recourse may be taken, directly or indirectly, with respect to the obligations of the Borrower, any Trustee, the Collateral Agent or the Administrative Agent on the Exchange Notes or under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against (i) the Collateral Agent, any Trustee or the Administrative Agent, as such or in their individual capacities, (ii) any owner of a beneficial interest in the Borrower or (iii) any partner, owner, beneficiary, agent, officer, director, employee or agent of the Collateral Agent, any Trustee or the Administrative Agent in their individual capacities, the Collateral Agent, any Trustee or the Administrative Agent or of any successor or assign of the Collateral Agent, any Trustee or the Administrative Agent, as such or in their individual capacities, except as any such Person may have expressly agreed (it being understood that the Collateral Agent, any Trustee or the Administrative Agent have no such obligations in their individual capacities) and except that any such partner, owner or beneficiary shall be fully liable, to the extent provided by applicable law, for any unpaid consideration for stock, unpaid capital contribution or failure to pay any installment or call owing to such entity.
Borrower Obligations. 10.2.1 To provide accurate and true information
Borrower Obligations. No recourse may be taken, directly or indirectly, with respect to the obligations of the Administrative Agent under this Agreement or any certificate or other writing delivered in connection with this Agreement, against (i) the Administrative Agent in its individual capacity, (ii) any partner, owner, beneficiary, agent, officer, director, employee or agent of the Administrative Agent, each in its individual capacity or (iii) any holder of a beneficial interest in the Administrative Agent except as any such Person may have expressly agreed (it being understood that the Administrative Agent has no such obligation in its individual capacity).
Borrower Obligations. The Borrower agrees that the Repair Work shall be performed strictly in accordance with all applicable ordinances and statutes, and in according with the requirements of all regulatory authorities, and any rating or inspection organization, bureau, association or office having jurisdiction. Borrower further agrees that the Repair Work shall not encroach upon any easement or right-of-way, or the land of others and that the Repair Work shall be wholly within the building restriction lines however established, and shall not violation applicable use or other restrictions contained in prior conveyances, zoning ordinances or regulations. Borrower shall furnish from time to time such evidence with respect thereto as may be required by Lender or HUD. Borrower shall provide or cause to be provided workers compensation insurance and public liability and other insurance required by applicable law or by the Mortgage[s]. All such policies shall be issued by companies approved by the Lender and shall be in form and amounts satisfactory to the Lender and HUD. Such policies shall be endorsed with standard Lender clauses making loss payable to Lender, its successors and assigns. Lender shall have the right to hold the original policies or duplicate original policies.
Borrower Obligations. Notwithstanding the fact that any Letters of Credit are issued for the account of Subsidiaries of the Borrower, any such L/C Obligations in respect of such Letters of Credit issued for the account of Subsidiaries shall for all purposes constitute Obligations of the Borrower under this Agreement and any Credit Extensions in respect of Letters of Credit, as the case may be, shall be Credit Extensions made for the account of the Borrower hereunder.
Borrower Obligations. Contemporaneously with the execution and delivery of this Agreement, Borrower:
Borrower Obligations. (a) To incude Lender to enter into this Agreement, and as consideration for the terms and conditions contained herein, and concurrently with the execution of this Agreement, Borrower shall issue to the Lender 1,000,000 5 year cashless warrants, exercisable at $.05.
Borrower Obligations. The Borrower agrees to:
Borrower Obligations. (a) Guarantor hereby unconditionally and irrevocably guarantees and promises to pay to Lender, or order, on demand, in immediately available funds, and to defend, indemnify and hold harmless Lender and Lender’s agents, employees, representatives, directors, officers,
Borrower Obligations. The Borrower referred to this in Loan Agreement here- of agrees to borrow the amount including interest and fees (as detailed below) for a Total Loan Amount of K which loan shall be repaid over fortnightly installments of K each fortnight commencing on of 20 , until the loan is fully repaid. The Borrower must repay the loan and pay the interest on the loan and all other amounts debited under this contract, and pay all fees as provided for below. The Borrower must pay the installments on the dates and in the manner specified in this contract. The Borrower must tell PNG Integrated Finance Ltd promptly if he/she changes his/her home address or employment. In the event of termination or resignation, the bor-
