Common use of Payment of Other Indebtedness Clause in Contracts

Payment of Other Indebtedness. The Borrower agrees to pay punctually the principal and interest due on any other indebtedness now or at any time owing by the Borrower to the Lender or any other lender.

Appears in 9 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Payment of Other Indebtedness. The Borrower agrees to pay punctually the principal and interest due on any other indebtedness now or hereafter at any time owing by the Borrower to the Lender or any other lender.

Appears in 2 contracts

Samples: Loan Agreement (Tetridyn Solutions Inc), Loan Agreement (Aspenbio Inc)

Payment of Other Indebtedness. The Borrower agrees to shall pay punctually the principal and interest due on any other indebtedness now or at any time hereafter owing by the Borrower to the Lender or any other lender.

Appears in 1 contract

Samples: Credit Facility Agreement (Gas Transmission Northwest Corp)

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Payment of Other Indebtedness. The Borrower agrees to pay punctually the principal and interest due on any other indebtedness now or hereafter at any time anytime owing by the Borrower to the Lender or any other lender, and shall not increase such indebtedness beyond the current existing amount without the express written consent of the Lender and the SBA.

Appears in 1 contract

Samples: CDC/SBC Loan Agreement (Adcare Health Systems Inc)

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