Demand Facility. All interest, principal, Advances, and any other ---------------- amounts owing hereunder are due ON DEMAND and Lender specifically reserves the absolute right to demand payment of all such amounts at any time, for any reason or no reason whatsoever. Lender's right to make such demand is not exclusive and Lender may coincidentally or separately from such demand make further demand for payment pursuant to the paragraph entitled "Default and Remedies" or otherwise hereunder and, further, amounts may become due hereunder (pursuant to the paragraph entitled "Default and Remedies" or otherwise) without a demand by Lender, as provided in this agreement.
Appears in 1 contract
Sources: General Credit and Security Agreement (Communications World International Inc)
Demand Facility. All interest, principal, Advances, and any other ---------------- amounts owing hereunder are due ON DEMAND on demand and Lender specifically reserves the absolute right to demand payment of all such amounts at any time, with or without advance notice, for any reason or no reason whatsoever. Lender's right to make such demand is not exclusive and Lender may coincidentally or separately from such demand make further demand for payment pursuant to the paragraph entitled "Default and Remedies" or otherwise hereunder and, further, amounts may become due hereunder (pursuant to the paragraph entitled "Default and Remedies" or otherwise) without a demand by Lender, as provided in this agreement.
Appears in 1 contract
Sources: General Credit and Security Agreement (Productivity Technologies Corp /)