Borrowers’ Undertaking to Agent. Without prejudice to its obligations to Lenders under the other provisions of this Agreement, each Borrower hereby undertakes with Agent to pay to Agent from time to time on demand all amounts from time to time due and payable by it for the account of Agent or Lenders or any of them pursuant to this Agreement to the extent not already paid. Any payment made pursuant to any such demand shall pro tanto satisfy Borrowers' obligations to make payments for the account of the Lender Group or the relevant one or more of them pursuant to this Agreement.
Appears in 1 contract
Borrowers’ Undertaking to Agent. Without prejudice to its their respective obligations to Lenders under the other provisions of this Agreement, each Borrower hereby undertakes with Agent to pay to Agent from time to time on demand all amounts from time to time due and payable by it for the account of Agent or Lenders or any of them pursuant to this Agreement to the extent not already paid. Any payment made pursuant to any such demand shall pro tanto PRO TANTO satisfy Borrowers' Borrower's obligations to make payments for the account of the Lender Group Lenders or the relevant one or more of them pursuant to this Agreement.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Dreamlife Inc)
Borrowers’ Undertaking to Agent. Without prejudice to its obligations to the Lenders under the other provisions of this Agreement, each Borrower hereby undertakes with Agent to pay to Agent from time to time on demand all amounts from time to time due and payable by it for the account of Agent or the Lenders or any of them pursuant to this Agreement to the extent not already paid. Any payment made pursuant to any such demand shall pro tanto PRO TANTO satisfy Borrowers' Borrower's obligations to make payments for the account of the Lender Group Lenders or the relevant one or more of them pursuant to this Agreement.
Appears in 1 contract
Sources: Loan and Security Agreement (Security Capital Corp/De/)
Borrowers’ Undertaking to Agent. Without prejudice to its their respective obligations to Lenders under the other provisions of this Agreement, each Borrower hereby undertakes with Agent to pay to Agent from time to time on demand all amounts from time to time due and payable by it for the account of Agent or Lenders or any of them pursuant to this Agreement to the extent not already paid. Any payment made pursuant to any such demand shall pro tanto TANTO satisfy Borrowers' the relevant Borrower's obligations to make payments for the account of the Lender Group Lenders or the relevant one or more of them pursuant to this Agreement.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Waxman Industries Inc)