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Common use of PAYMENT AND PERFORMANCE OF LIABILITIES Clause in Contracts

PAYMENT AND PERFORMANCE OF LIABILITIES. The Loan Parties shall pay each payment Liability when due (or when demanded, if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

Appears in 8 contracts

Sources: Loan and Security Agreement (Retail Ventures Inc), Loan and Security Agreement (Odd Job Stores Inc), Loan and Security Agreement (DSW Inc.)

Related Clauses

  • Payment and Performance of Obligations
  • Payment and Performance Bond
  • Guaranty of Payment and Performance
  • Payment and Performance Bonds
  • Payment and Performance

Parent Clauses

  • GENERAL REPRESENTATIONS, COVENANTS AND WARRANTIES
  • BENEFIT OF CONDITIONS PRECEDENT
  • GENERAL REPRESENTATIONS, WARRANTIES AND COVENANTS
  • DEFINITIONS
  • No Adverse Change

Sub-Clauses

  • TRADE NAMES
  • DUE ORGANIZATION. AUTHORIZATION. NO CONFLICTS
  • DEPOSITORY ACCOUNTS
  • USE OF INVENTORY COLLATERAL
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