Payment of Loan Obligations Sample Clauses

Payment of Loan Obligations. Each Borrower will duly and punctually pay all sums to be paid to the Lenders, Affiliates of the Lenders, the Lead Arranger and the Administrative Agent in accordance with the Loan Documents, and will comply with, perform and observe all of the terms and conditions thereof.
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Payment of Loan Obligations. Administrative Agents shall have the right to make Revolving Loan Advances at any time and from time to time to cause timely payment of any of the Loan Obligations, including to pay interest or principal on the Swingline Loan, the Interim Floorplan Loan, the Aggregate Floorplan Loan and the Aggregate Revolving Loan, and to pay any fees owing to Lenders or Administrative Agents; provided, however, with respect to third party fees, if there is no Existing Default, Administrative Agents shall use their reasonable efforts to give prior notice to Reseller of the payment of any such fees from an Advance (but shall have no liability for their failure to notify Reseller, and any such failure shall not give rise to a claim or cause of action by Reseller against either Administrative Agent or any Lender). If there is no Existing Default, Administrative Agents shall use reasonable efforts to notify Reseller (but shall have no liability for their failure to notify Reseller and such failure shall not give rise to a claim or cause of action by Reseller against either Administrative Agent or any Lender) on the day it makes any payment or pays any interest owing hereunder or any fees owing to Lenders or Administrative Agents. Administrative Agents may select the Advance Date for any such Advance, but such Advance Date may only be a Business Day. Administrative Agents will use reasonable efforts to promptly give notice to Reseller after any such Advance is made, but failure to give such notice shall not give rise to any liability on the part of either Administrative Agent or any Lender.
Payment of Loan Obligations. The Credit Parties will duly and punctually pay all sums to be paid to the Lender in accordance with the terms and conditions of the Loan Documents, and will comply with, perform and observe all of the terms thereof.
Payment of Loan Obligations. Administrative Agent shall have the right to make Revolving Loan Advances at any time and from time to time to cause timely payment of any of the Loan Obligations, and Administrative Agent shall have the right to make withdrawals from or debits against any accounts of any Covered Person at Administrative Agent at any time and from time to time to cause timely payment of any of the Loan Obligations; provided, however, except during an Existing Default, Administrative Agent shall use its reasonable efforts to provide no less than one (1) Business Day prior notice of any such Advances, withdrawals or debits. Administrative Agent may select the Advance Date for any such Revolving Loan Advance, but such Advance Date may only be a Business Day. Administrative Agent will give notice to Borrower after any such Revolving Loan Advance is made. Any such Revolving Loan Advance will be a Base Rate Advance.
Payment of Loan Obligations. If Borrower has failed to timely pay any of the Loan Obligations, Administrative Agent shall have the right to make Revolving Loan Advances at any time and from time to time to cause timely payment of any of the Loan Obligations. Administrative Agent may select the Advance Date for any such Revolving Loan Advance, but such Advance Date may only be a Business Day. Administrative Agent will give notice to Borrower after any such Revolving Loan Advance is made. Any such Revolving Loan Advance will be a Base Rate Advance.
Payment of Loan Obligations. The Credit Parties will duly and punctually pay all sums to be paid to the Collateral Agent in accordance with the terms and conditions of the Transaction Documents, and will comply with, perform and observe all of the terms thereof.
Payment of Loan Obligations. Each Borrower will duly and punctually pay all sums to be paid to the Lenders in accordance with the terms and
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Payment of Loan Obligations. Lender shall have the right to make Revolving Loan Advances at any time and from time to time to cause timely payment of any of the Loan Obligations or any other amounts required to be paid by Borrower hereunder or under any of the other Loan Documents. Lender may select the Advance Date for any such Revolving Loan Advance, but such Advance Date may only be a Business Day. Lender will give notice to Borrower after any such Revolving Loan Advance is made. Any such Revolving Loan Advance will be a Prime Rate Advance.
Payment of Loan Obligations. The Borrower will duly and punctually --------------------------- pay the principal (including Capitalized Interest), interest and any other amounts owing under this Agreement and/or the Note, in each case when due under the terms of this Agreement and/or the Note.
Payment of Loan Obligations. Lender shall have the right to make Revolving Advances at any time and from time to time to cause timely payment of any of the Loan Obligations. Lender will give notice to Borrower after any such Revolving Advance is made. Any such Revolving Advance shall immediately become a Revolving Loan subject to Alternate Base Rate Accrual.
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