Common use of Demand by Lender Clause in Contracts

Demand by Lender. In addition to the terms set forth herein, and in no manner imposing any limitation on such terms, if any of the Obligations under the Credit Agreement are declared to be or otherwise becomes immediately due and payable, then Guarantor, upon demand in writing therefor by Lender, shall immediately pay the Guaranty Obligations to Lender. Payment by Guarantor shall be made to Lender to be credited and applied to the Obligations, in immediately available funds in lawful money of the United States of America to an account designated by Lender or at the address set forth below the signature of Lender hereto or at any other address that may be specified in writing from time to time by Lender as provided herein. Any payment received by Lender with respect to the Loan or other Obligations shall reduce the Guaranty Obligations by the amount of such payment.

Demand by Lender. In addition to the terms set forth herein, and in no manner imposing any limitation on such terms, if any of the Obligations under the Credit Agreement are declared to be or otherwise becomes immediately due and payable, then Guarantor, upon demand in writing therefor by Lender, shall immediately pay the Guaranty Obligations to Lender. Payment by Guarantor shall be made to Lender to be credited and applied to the Obligations, in immediately available funds in lawful money of the United States of America to an account designated by Lender or at the address set forth below the signature of Lender hereto or at any other address that may be specified in writing from time to time by Lender as provided herein. Any payment received by Lender with respect to the New Loan or other Obligations shall reduce the Guaranty Obligations by the amount of such payment.

Demand by Lender. In Subject to compliance with the provisions of Section 2.3(b) below, in addition to the terms set forth herein, and in no manner imposing any limitation on such terms, if any of the Obligations under the Credit Agreement are declared to be or otherwise becomes immediately due and payable, then Guarantor, upon demand in writing therefor by Lender, shall immediately pay the Guaranty Obligations to Lender. Payment by Guarantor shall be made to Lender to be credited and applied to the Obligations, in immediately available funds in lawful money of the United States of America to an account designated by Lender or at the address set forth below the signature of Lender hereto or at any other address that may be specified in writing from time to time by Lender as provided herein. Any payment received by Lender with respect to the New Loan or other Obligations shall reduce the Guaranty Obligations by the amount of such payment.