Common use of Punctual Payment Clause in Contracts

Punctual Payment. The Credit Parties will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used fees, all letter of credit fees incurred hereunder, and all other amounts provided for in this Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Agreement and such other Loan Documents.

Appears in 2 contracts

Samples: Credit and Security Agreement (Audubon West Inc), Credit and Security Agreement (Columbus McKinnon Corp)

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Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used feesthe Letter of Credit Fees, all letter of credit fees incurred hereunder, the Commitment Fees and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Mercury Air Group Inc), Revolving Credit Agreement (Cabot Microelectronics Corp)

Punctual Payment. The Credit Parties will Borrower promises to duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used feesthe Letter of Credit Fees, all letter of credit fees incurred hereunderthe Facility Fee, the Administrative Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Timberland Co), Revolving Credit Agreement (Timberland Co)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit the facility fees, the Agent's fees incurred hereunder, and all other amounts fees provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Michaels Stores Inc), Revolving Credit Agreement (Michaels Stores Inc)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Revolving Credit Loans, all Reimbursement Obligationsthe Facility Fee, all used fees, all letter of credit fees incurred hereunder, the Agent Fees and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Staples Inc), Revolving Credit Agreement (Staples Inc)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit the fees incurred hereunder, provided in the Fee Letter and all other fees and other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Perkins Finance Corp), Revolving Credit Agreement (Restaurant Co)

Punctual Payment. The Credit Parties Each of the Borrowers will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used feesLetter of Credit Fees, all letter of credit fees incurred hereunderCommitment Fees, Agent's Fees and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the such Borrower or any of its Restricted Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 2 contracts

Samples: Credit and Term Loan Agreement (Genesee & Wyoming Inc), Credit and Term Loan Agreement (Genesee & Wyoming Inc)

Punctual Payment. The Credit Parties Each of the Borrowers will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement ObligationsObligations and the Letter of Credit Fees incurred by such Borrower and the Parent will duly and punctually pay or cause to be paid, all used the facility fees, all letter of credit fees incurred hereunder, the Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower Parent or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Sensormatic Electronics Corp), Credit Agreement (Sensormatic Electronics Corp)

Punctual Payment. The Credit Parties Each of the Borrowers will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit fees incurred hereunderthe Agent's fee, the fronting fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its the Borrowers or their Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Transtechnology Corp)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause ---------------- to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit fees incurred hereunder, the Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents. 9.2.

Appears in 1 contract

Samples: Credit Agreement (Jackson Products Inc)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest (including applicable margins) on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the facility fees, all letter of credit fees incurred hereunderthe utilization fees, the Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries the Transaction Parties is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Charlotte Russe Holding Inc)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to ---------------- be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit fees incurred hereunder, the Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Petro Stopping Centers L P)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit fees incurred hereunderthe underwriting fee, the Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Perkins Family Restaurants Lp)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Revolving Credit Loans, all Reimbursement Obligations, all used feesthe Letter of Credit Fees, all letter of credit fees incurred hereunderthe Commitment Fees, the Administrative Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Peregrine Systems Inc)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay ---------------- or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used feesthe Letter of Credit Fees, all letter of credit fees incurred hereunder, the Administative Fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

Punctual Payment. The Credit Parties Each of the Borrowers will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit fees incurred hereunderthe Administrative Agent's fee, the fronting fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its the Borrowers or their Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Transtechnology Corp)

Punctual Payment. The Credit Parties Borrowers will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used fees, all letter of credit fees incurred hereunder, Fees and all other amounts provided for in this Credit Agreement and the other Loan Documents to which any of the Borrower Borrowers or any of its their Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Furrs Restaurant Group Inc)

Punctual Payment. The Credit Parties Each Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit fees incurred hereunderthe Additional LC Compensation, the Agent's Fee and all other amounts to be paid by it provided for in this Credit Agreement and the other Loan Documents to which the Borrower Borrowers or any of its their Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (Holmes Group Inc)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Revolving Credit Loans, all Reimbursement Obligations, all used the commitment fees, all letter of credit fees incurred hereunder, the Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Freedom Securities Corp /De/)

Punctual Payment. The Credit Parties Borrowers will duly and punctually pay or cause ---------------- to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used feesthe Letter of Credit Fees, all letter of credit fees incurred hereunder, the Administrative Fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the any Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Fairfield Communities Inc)

Punctual Payment. The Credit Parties Borrowers will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used feesthe Letter of Credit Fees, all letter of credit Fronting Fees, the commitment fees incurred hereunder, and all other fees or other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its the Borrowers or their Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Dave & Busters Inc)

Punctual Payment. The Credit Parties Borrowers will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit fees incurred hereunder, the Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which any of the Borrower Borrowers or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Transpro Inc)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used fees, all letter of credit fees incurred hereunder, Fees and all other amounts provided for in this Reimbursement and Pledge Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Reimbursement and Pledge Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD)

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Punctual Payment. The Credit Parties Borrowers will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligationsthe Letter of Credit Fees, all used the commitment fees, all letter of credit fees incurred hereunder, and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries the Borrowers is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Nationsrent Inc)

Punctual Payment. The Credit Parties Borrower and Guarantors will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit fees incurred hereunder, the Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower Borrower, the Guarantors or any of its their Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Dynatech Corp)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used feesthe Letter of Credit Fees, all letter of credit the commitment fees incurred hereunder, and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Guarantor, the Borrower or any of its their Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Filenes Basement Corp)

Punctual Payment. The Credit Parties Borrowers will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit fees incurred hereunder, the Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which any of the Borrower Borrowers or any of its their Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Restaurant Group Inc)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligationsthe Facility Fee, the Utilization Fee, the Letter of Credit Fees, the Agent Fees, all used fees, all letter of credit other fees incurred hereunder, and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Staples Inc)

Punctual Payment. The Credit Parties Borrowers will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit fees incurred hereunder, the Administrative Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the either Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Vermont Pure Holdings LTD/De)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used feesthe Letter of Credit Fees, all letter of credit fees incurred hereunderthe Commitment Fees, the Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or Borrower, any of its Subsidiaries or the Holding Company is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (CRC Evans International Inc)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used feesthe Letter of Credit Fees, all letter of credit fees incurred hereunderthe Commitment Fees, the Administrative Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Restricted Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Friendly Ice Cream Corp)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Revolving Credit Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the commitment fees, all letter of credit fees incurred hereunder, the Administrative Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Keane Inc)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used feesthe Letter of Credit Fees, all letter of credit fees incurred hereunderthe Commitment Fees, the Administrative Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower Parent or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Bell Sports Corp)

Punctual Payment. The Credit Parties Borrower will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used fees, all letter of credit fees incurred hereunderthe Fees, and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Buca Inc /Mn)

Punctual Payment. The Credit Parties Each Borrower will duly and punctually pay or cause to be paid the principal and interest on the its Loans, all Reimbursement Obligations, all used fees, all letter Obligations in respect of letters of credit fees incurred hereunderissued at the request of such Borrower, the Letter of Credit Fees relating to such Letters of Credit, its Unused Line Fees, the Administrative Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which CML, any of the Borrower Borrowers or any of its their Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (CML Group Inc)

Punctual Payment. The Credit Parties Borrowers will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the commitment fees, all letter of credit fees incurred hereunder, the Agent's fee and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the any Borrower or any of its Subsidiaries is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Xomed Surgical Products Inc)

Punctual Payment. The Credit Parties Borrowers will duly and punctually pay or cause to be paid the principal and interest on the Loans, all Reimbursement Obligations, all used the Letter of Credit Fees, the Fronting Fees, the commitment fees, all letter of credit the fees incurred hereunder, set forth in the Fee Letter and all other amounts provided for in this Credit Agreement and the other Loan Documents to which the Borrower or any of its Subsidiaries the Borrowers is a party, all in accordance with the terms of this Credit Agreement and such other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Nationsrent Inc)

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