Obligations Under the Loan Documents Clause Samples
The "Obligations Under the Loan Documents" clause defines the borrower's duty to fulfill all commitments and responsibilities outlined in the loan agreement and any related documents. This typically includes timely repayment of principal and interest, compliance with covenants, and adherence to reporting requirements or other conditions specified by the lender. By clearly stating these obligations, the clause ensures both parties understand the borrower's responsibilities, thereby reducing the risk of misunderstandings or disputes regarding the terms of the loan.
Obligations Under the Loan Documents. The undersigned Additional Borrower hereby agrees, as of the date first above written, to be bound as a Borrower by all of the terms and conditions of the Term Loan Agreement and the other Loan Documents to the same extent as each of the other Borrowers thereunder. The undersigned Additional Borrower further agrees, as of the date first above written, that each reference in the Term Loan Agreement and the other Loan Documents to an “Additional Borrower”, a “Borrower Party”, a “Loan Party”, or a “Borrower” shall also mean and be a reference to the undersigned Additional Borrower.
Obligations Under the Loan Documents. Pay and perform in a timely manner all of its obligations under those Loan Documents to which it is a party.
Obligations Under the Loan Documents. The Borrower does not presently anticipate that future expenditures by the Borrower or any Subsidiary needed to meet the provisions of federal or state statutes, orders, rules or regulations will be so burdensome as to result in a Material Adverse Effect.
Obligations Under the Loan Documents. The undersigned Additional Borrower hereby agrees, as of the date first above written, to be bound as a Borrower and a Guarantor by all of the terms and conditions of the Credit Agreement and the other Loan Documents to the same extent as each of the other Borrowers and Guarantors thereunder. The undersigned Additional Borrower further agrees, as of the date first above written, that each reference in the Credit Agreement and the other Loan Documents to an “Additional Borrower”, a “Borrower Party”, a “Loan Party”, a “Borrower” or a “Guarantor” shall also mean and be a reference to the undersigned Additional Borrower.
Obligations Under the Loan Documents. The Mortgagor agrees to pay, perform and observe all of the agreements, covenants and obligations of the Mortgagor set forth in the Loan Documents as though all such agreements, covenants and obligations were set forth in full herein (it being agreed that this Section 5.01(a) shall not restrict the ability to amend, modify or supplement, or waive compliance with, any Loan Document in accordance with the terms thereof).