Satisfaction of Certain Obligations. In the event Borrower fails to make any payment or do any act as herein provided (including, but not limited to, maintaining any insurance required to be maintained under the Loan Documents or paying all taxes in accordance with the terms hereof) or there shall be a claim or Lien asserted or filed against the Collateral, Lender may, but shall not be obligated to (and without releasing Borrower from any obligation hereunder), make all such payments and perform all such acts or otherwise satisfy such obligations. All sums paid by Lender in respect thereof and all costs, fees and expenses, including reasonable attorneys' fees, court costs, expenses and other charges relating thereto, which are incurred by Lender on account thereof, shall bear interest at the Default Rate, shall be payable on demand by Borrower to Lender, and shall be additional Obligations hereunder secured by the Collateral.
Satisfaction of Certain Obligations. On or prior to the Closing Date, the Company shall have paid or otherwise satisfied: (a) all taxes owed by the Company which are due and payable on or prior to the Closing Date; (b) all amounts accrued under the Company’s executive annual incentive compensation plan; and (c) all fees and expenses incurred by the Company in connection with any of the Transaction Documents or the transactions contemplated by the Transaction Documents. In addition, all agreements between the Company and any of its current or former shareholders or any Affiliates of those shareholders shall have been terminated, and the Company shall have no further liability or obligation under any of those agreements.
Satisfaction of Certain Obligations. All outstanding obligations of the Company to (i) Copper Mountain Networks, Inc. under equipment leases shall be satisfied contemporaneously with the Closing and paid in full on the terms set forth in the letter agreement dated June 30, 2003, between the Company and Copper Mountain Networks, Inc. (the "Copper Mountain Networks Agreement"), and (ii) Fleet National Bank pursuant to the Fleet Loan Agreement shall have been satisfied contemporaneously with the Initial Closing.
Satisfaction of Certain Obligations. 35 5.1.4 Covenants Concerning the Master Equipment Lease..........................35 5.1.5 Subrogation..............................................................36 5.1.6
Satisfaction of Certain Obligations. Prior to Closing, KNGG will make all basic rent payments coming due in respect of the Gathering Assets under the Master Equipment Lease. KMI shall take such actions as may be necessary to pay or otherwise satisfy all Indebtedness of KNWTLLC (other than payables due and payable in the ordinary course of business and taken into account in determining Working Capital) so that KNWTLLC shall not have any Indebtedness that under generally accepted accounting principles is required to be recorded on the balance sheet of KNWTLLC as of the Closing or other Indebtedness (other than accounts payable incurred in the ordinary course of business).
Satisfaction of Certain Obligations. The Obligations shall have been satisfied in full, and no Default shall have occurred and be continuing under the Note or the Note Purchase Agreement.
Satisfaction of Certain Obligations. 6.1 All capacity obligations set forth in Section 9.1(c) of the Certificate (the 10% digital capacity), Exhibit C, and Section 3.1.13 of the 2000 Transfer Agreement between the County and Certificate Holder shall be deemed fully and permanently satisfied by Certificate Holder's provision of 6 MHz of contiguous downstream capacity and 2 MHz of contiguous upstream capacity to the County for the Supplemental I-Net, as well as 1.5 MHz of contiguous downstream video capacity to be used for public safety and other PEG video training purposes pursuant to Section 3.1.13 of the 2000 Transfer Agreement. The upstream and downstream capacity shall be in the frequency ranges described in the Technical Addendum. The County shall be responsible for equipment necessary to transmit and receive the downstream video for the video training channels.
Satisfaction of Certain Obligations. All benefit obligations described on Schedule 4.18(f) and all benefit obligations under the Xxxxxxx Xxxxx Deferred Compensation arrangements with Xxxx Xxxxxxxxxx, Xxxxxxx Xxxxx and Xxxx Xxxxxxxxxxx shall have been satisfied on or prior to the Closing and there shall be no liability with respect to any such amounts thereafter.
Satisfaction of Certain Obligations. Contributor shall deliver the documents cited as missing or not having been properly issued on, and cure (to Acquiror's reasonable satisfaction) the violations described on, Schedule 12.1(z), which Schedule reflects matters raised with Contributor by Acquiror as a result of municipal searches conducted by Acquiror as part of its Basic Project Inspection (notwithstanding the foregoing, however, Contributor shall have no obligation with respect to (i) matters dating prior to 1980, or (ii) subject to Paragraph 33, matters relating to Option Projects, or (iii) matters relating to work performed by Tenants); and
Satisfaction of Certain Obligations. On or before the Closing Date USX shall undertake steps to adjust the assets and liabilities of the Subject Companies on a combined basis as necessary so that had these steps been undertaken on the Effective Date, the balance sheet of the Subject Companies on a combined basis would have been as reflected in column G of Schedule 4.4 (which is based upon September 30, 1997 assets and liabilities). Schedule 4.4 details, by way of example, assuming that the Effective Date was September 30, 1997 the assets and liabilities listed under column G on Schedule 4.4 for which the Subject Companies are to be responsible and those assets and liabilities listed under columns C, D, and E on Schedule 4.4 for which USX is to be responsible.
