Common use of Payment of Indebtedness; Performance of Obligations Clause in Contracts

Payment of Indebtedness; Performance of Obligations. Borrower and/or the other Borrower Parties shall promptly pay when due the Indebtedness and shall promptly perform all Obligations.

Appears in 7 contracts

Samples: Multiple Indebtedness (Grubb & Ellis Healthcare REIT II, Inc.), Construction and Leasehold Mortgage (Grubb & Ellis Healthcare REIT II, Inc.), Grubb & Ellis Healthcare REIT II, Inc.

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Payment of Indebtedness; Performance of Obligations. Borrower and/or the other Borrower Parties shall promptly pay or cause to be paid when due the Indebtedness and shall promptly perform or cause to be performed all Obligations.

Appears in 3 contracts

Samples: Rents and Security Agreement (Balanced Care Corp), And Security Agreement (Balanced Care Corp), And Security Agreement (Balanced Care Corp)

Payment of Indebtedness; Performance of Obligations. Borrower and/or the other Borrower Parties shall promptly pay when due the Indebtedness all payment obligations of Borrower to Lender and shall promptly perform all Obligationsother obligations of Borrower to Lender as set forth herein or in the Loan Documents.

Appears in 2 contracts

Samples: Loan Agreement (Consolidated Freightways Corp), Loan Agreement (Pelican Properties International Corp)

Payment of Indebtedness; Performance of Obligations. Borrower and/or the other Borrower Parties shall promptly pay when due the Indebtedness indebtedness and shall promptly perform all Obligations.

Appears in 1 contract

Samples: Ensign Group, Inc

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Payment of Indebtedness; Performance of Obligations. Borrower and/or the other Borrower Parties shall promptly pay when due the Indebtedness and shall promptly perform all Obligations.

Appears in 1 contract

Samples: Grubb & Ellis Healthcare REIT II, Inc.

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