Common use of Payment/Performance Clause in Contracts

Payment/Performance. Borrower shall promptly pay all amounts due and owing to Lender under this Agreement. Borrower and each Borrower-Related Party shall timely perform and comply with each agreement and covenant made by them under this Agreement and the other Loan Documents.

Appears in 8 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement (United Development Funding Income Fund V)

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Payment/Performance. Borrower shall promptly pay all amounts due and owing to Lender under this Agreement. Borrower and each Borrower-Related Party shall timely perform and comply with each agreement and covenant made by them under this Agreement and the other Loan Documents.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (United Development Funding Income Fund V), Loan Agreement (United Development Funding Income Fund V)

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Payment/Performance. Borrower shall promptly pay all amounts due and owing to Lender under this AgreementNote. Borrower and each Borrower-Related Party the General Partner shall timely perform and comply with each agreement and covenant made by them under this Agreement Note and the other Loan Documents.

Appears in 1 contract

Samples: Secured Promissory Note (United Development Funding III, LP)

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