Common use of Performance Under This Agreement Clause in Contracts

Performance Under This Agreement. In the event the Borrower or any Subsidiary Guarantor fails to make, on or before the due date thereof, any payment of the principal of, or interest on, the Notes, the Letter of Credit Obligations or of any other amounts payable, or any other indebtedness owing, under any of the Facility Documents or if the Borrower or any Subsidiary Guarantor shall fail to perform, keep, observe, or fulfill any other obligation referred to in clause (a) or clause (b) of Section 11.01 hereof in the manner provided in the Notes, the Letters of Credit or in any of the other Facility Documents, the Subsidiary Guarantors shall cause forthwith to be paid the moneys, or to be performed, kept, observed, or fulfilled each of such obligations, in respect of which such failure has occurred.

Appears in 2 contracts

Samples: Credit Agreement (Daka International Inc), Credit Agreement (Daka International Inc)

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