Payment and Performance of the Obligations. Mortgagor will pay all amounts payable under the Obligations in accordance with the terms of the Obligations when and as due and will timely perform all other obligations of Mortgagor under the Obligations. The provisions of the Obligations are hereby incorporated by reference into this Mortgage as if fully set forth herein.
Payment and Performance of the Obligations. Mortgagor will pay and perform the Obligations at the time and in the manner provided in the Credit Agreement, this Security Agreement and the other Secured Note Documents, as applicable.
Payment and Performance of the Obligations. In order to secure payment of the Subordinated Notes and performance of the Securities Purchase Agreement by Borrower, each Guarantor hereby irrevocably and unconditionally guarantees to Purchasers the due and punctual payment and performance of all the obligations of Borrower to Purchasers arising out of or provided for in the Subordinated Notes and the Securities Purchase Agreement or under any renewals, extensions or modifications thereof, whether primary, secondary, direct, contingent, sole, joint, several or joint and several, including without limitation the payment of principal and any interest accruing thereon, now existing or hereafter at any time or times incurred (hereinafter referred to individually as an "Obligation," and collectively, as "Obligations"). If any Obligation is not paid or performed by Borrower punctually when due, subject to any applicable grace period, including without limitation any Obligation due by acceleration of the maturity thereof, each Guarantor will, upon demand by any Purchaser, immediately pay or perform such Obligation or cause the same to be paid or performed strictly in accordance with the terms thereof (including amounts that would become due but for any stay, injunction or other prohibition preventing such payment or performance in respect of the Ob1igations guaranteed hereby). Each Guarantor will pay to Purchasers, upon demand, all costs and expenses, including without limitation, reasonable counsel fees which may be incurred by any Purchaser in the collection or enforcement of the Obligations or of any Guarantor's obligations under this Guaranty. The liability of each Guarantor under this Guaranty shall not exceed the Maximum Guaranty Amount (as defined in Exhibit A hereto) determined as of the Ending Date (as defined in Exhibit A hereto).
Payment and Performance of the Obligations. In order to secure payment and performance by Borrower of its obligations under the Reimbursement Agreement, Guarantor hereby irrevocably and unconditionally guarantees to Bank, and become surety to Bank for, the due and punctual payment and performance of the principal and any interest accruing thereon owed by Borrower to Bank under the Reimbursement Agreement (hereinafter referred to individually as “Obligation” and collectively as “Obligations”); plus all interest accrued thereon pursuant to the Reimbursement Agreement, plus all reasonable costs and expenses, including without limitation reasonable counsel fees, which may be incurred by Bank in collection or enforcement of the Obligations under this Guaranty. If any Obligation is not paid or performed by Borrower punctually when due, subject to any applicable notice and grace period, Guarantor will, upon Bank’s written demand, immediately pay or perform such Obligation or cause the same to be paid or performed strictly in accordance with the terms thereof. Guarantor will pay to Bank, upon written demand, all reasonable costs and expenses, including without limitation reasonable counsel fees, which are incurred by Bank in the collection or enforcement of Guarantor’s obligations under this Agreement. No reference hereinafter or in any other document to Obligations or to Borrower’s performance or to this Guaranty or to Guarantor shall change the nature or limits of this Guaranty as defined in this Section 1.
Payment and Performance of the Obligations. Mortgagor will pay all amounts payable under the Obligations in accordance with the terms of the Obligations when and as due and will timely perform all other obligations of Mortgagor under the Obligations. The provisions of the Obligations are hereby incorporated by reference into this Mortgage as if fully set forth herein. Acceptance by Mortgagee of any payment in an amount less than the amount then due shall be deemed an acceptance on account only, and the failure to pay the entire amount then due shall be and continue to be an Event of Default.
