Punctual Payment definition

Punctual Payment it shall pay or cause to be paid all Obligations falling due hereunder on the dates and in the manner specified herein;
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Examples of Punctual Payment in a sentence

  • Affirmative Covenants 25 Section 9.1. Punctual Payment 25 Section 9.2. Records and Accounts 25 Section 9.3. Legal Existence and Conduct of Business 25 Section 9.4. Maintenance of Properties 25 Section 9.5. Insurance 26 Section 9.6. Taxes 26 Section 9.7. Compliance with Laws, Contracts, Licenses and Permits; Maintenance of Material Licenses and Permits 26 Section 9.8. Environmental Indemnification 27 Section 9.9. Additional Notices 27 Section 9.10.

  • Punctual Payment........................................................................

  • Punctual Payment of Bonds; Limited Obligation of Authority; Fees of Authority 64 Section 6.02.

  • AFFIRMATIVE COVENANTS 30 §7.1 Punctual Payment 30 §7.2 Maintenance of Office 30 §7.3 Records and Accounts 30 §7.4 Financial Statements, Certificates and Information 31 §7.5 Notices.

  • No Person (other than the Company itself) has any right of first offer, right of first refusal or preemptive right in connection with any future offer, sale or issuance of Capital Stock of the Company.

  • Section 5.1. Punctual Payment 24 Section 5.2. Extension of Payment of Authority Bonds 24 Section 5.3. Against Encumbrances 24 Section 5.4. Power to Issue Authority Bonds and Make Pledge and Assignment 24 Section 5.5. Accounting Records and Financial Statements 24 Section 5.6. Tax Covenants 24 Section 5.7. No Parity Debt 25 Section 5.8. Reassessment Bonds 25 Section 5.9. Sale of Reassessment Bonds 26 Section 5.10.

  • AFFIRMATIVE COVENANTS OF THE BORROWER 44 Section 7.1. Punctual Payment 44 Section 7.2. Maintenance of Office 44 Section 7.3. Records and Accounts 44 Section 7.4. Financial Statements, Certificates and Information 44 Section 7.5. Notices 46 Section 7.6. Existence; Maintenance of REIT Status; Maintenance of Properties 47 Section 7.7. Insurance 47 Section 7.8. Taxes 48 Section 7.9. Inspection of Properties and Books 48 Section 7.10 Compliance with Laws, Contracts, Licenses, and Permits 48 Section 7.11.

  • The Borrower covenants and agrees that, so long as any Loan, Note or Letter of Credit is outstanding or any Lender has any obligation to make any Loans or issue Letters of Credit: Punctual Payment .

  • The Borrower agrees that, so long as any Obligation or any Letter of Credit is outstanding or the Banks have any obligation to make Loans or the Administrative Agent has any obligation to issue, extend or renew any Letters of Credit hereunder or the Banks have any obligations to reimburse the Administrative Agent for advances made under any Letter of Credit, it shall, and shall cause its Subsidiaries to comply with the following covenants: Punctual Payment.

  • Except with the prior written consent of the Required Lenders, the Company covenants and agrees that so long as there is outstanding any portion of the Term Loans, it will, and it will cause each of its Subsidiaries to, comply or cause compliance with the following provisions: 1 Punctual Payment.

Related to Punctual Payment

  • Actual Payment means, with respect to a Receivable and a Collection Period, all payments received by the Servicer from or for the account of the related Obligor on such Receivable during such Collection Period, net of any Supplemental Servicing Fees attributable to such Receivable.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Overdue Payment shall have the meaning specified in Section 4.03(a).

  • Additional Amount Payment has the meaning set forth in the Statement.