Punctually Clause Samples

Punctually perform all obligations under each Contract and each of the other Documents, and keep each of them in full force and effect, free from any right of cancellation, forfeiture or termination;

Punctually pay all registration charges, mortgage repayments, license fees, rent, rates, taxes and other out-goings payable in respect of any premises in which the Equipment may from time to time be placed or kept and produce to the Owner on demand receipts for all such payments, the Owner being at liberty in the event of default by the Hirer in making such payments to make all or any of such payments and then recover the amount thereof from the Hirer forthwith.

Punctually pay all governmental, municipal or other taxes, duties, rates and outgoings assessed upon or payable with reference to the Charged Assets, and punctually to discharge all liabilities which by the general law would rank, or might come to rank, in priority to any of the charges contained in this Debenture;

Punctually pay the principal of all Loans, all interest thereon and all other amounts required to be paid hereunder and under the Note.

Punctually pay all premiums payable under the lnsurance and produce the receipts for the premiums to the Owner on demand and do everything necessary to maintain the lnsurance in full effect and not do anything whereby the lnsurance will or may be vitiated.

Punctually and properly to perform all of Grantor's covenants, duties, and liabilities under this Deed of Trust, the Note, and all of the other Security Instruments within the time period specified therein or within any applicable cure period specified therein;

Punctually transmit to RMGA, net of commissions, all premiums as defined in this Agreement, collected on behalf of Program, as well as indicated Processing Fees, Surplus Lines Taxes, Stamp Fees, and filing fees. Processing Fees, Surplus Lines Tax, and Stamp Tax are fully earned and therefore non-refundable.

Punctually attend all appointments to show “The Property” in the terms agreed upon with “The Client”.

Punctually pay the principal of all Loans, all interest thereon and all other amounts required to be paid hereunder and under the Note. 5.2 Observe, perform and comply with all applicable laws except to the extent that non-compliance would not reasonably be expected to have a material adverse effect on the business of the Borrower or its ability to perform its covenants hereunder. 5.3 Cause to be paid or discharged all lawful taxes, assessments and government charges or Liens imposed on earnings, labor or materials which might result in a Lien or charge upon the property or assets of the Borrower, unless such taxes, assessments, charges or Liens are being contested in good faith. 5.4 Obtain and maintain in full force and effect all of its material agreements, rights, franchises, operations, contracts and other arrangements and all material authorizations, approvals, consents, licenses, exemptions, filings, registrations, notarizations and other requirements of any Governmental Authority required or reasonably necessary to carry on its business, except to the extent that the failure to have or maintain the same would not reasonably be expected to have a material adverse effect on the business of the Borrower or its ability to perform its covenants hereunder. 5.5 Not create, incur, assume or permit to exist any Indebtedness, other than the Indebtedness listed on Annex II hereto.