Common use of Material Obligations Clause in Contracts

Material Obligations. Pay, and cause each Significant Subsidiary to pay, promptly as the same shall become due each material obligation of the Borrower or such Significant Subsidiary.

Appears in 7 contracts

Samples: Credit Agreement (Carolina Power & Light Co), Credit Agreement (Progress Energy Inc), Credit Agreement (Progress Energy Inc)

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Material Obligations. Pay, and cause each Significant Subsidiary to pay, promptly as the same shall become due each material obligation of the Borrower Company or such Significant Subsidiary.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Progress Energy Inc), Revolving Credit Agreement (Progress Energy Inc), Credit Agreement (Progress Energy Inc)

Material Obligations. Pay, and cause each Significant Subsidiary to pay, promptly as the same shall become due each material obligation of the Borrower or such Significant Subsidiary.

Appears in 4 contracts

Samples: Credit Agreement (Progress Energy Inc), Credit Agreement (Florida Progress Corp), Credit Agreement (Progress Energy Inc)

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Material Obligations. Pay, and cause each Significant Subsidiary to pay, promptly as the same shall become due each material obligation of the Borrower or such Significant Subsidiary."

Appears in 2 contracts

Samples: Progress Energy Inc, Progress Energy Inc

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