Common use of Payments and Obligations Clause in Contracts

Payments and Obligations. The Borrowers shall make all payments of principal, interest and other charges as and when due under the Debentures, shall timely make all payments of any other monetary Obligations, shall perform or comply with, as the case may be, all of the other Obligations, and shall perform and comply in all respects with all applicable terms, conditions and covenants of all this Agreement and the other Investment Documents.

Appears in 2 contracts

Sources: Investment Agreement (Pico Products Inc), Investment Agreement (Pico Products Inc)

Payments and Obligations. The Borrowers shall make all payments of principal, interest and other charges as and when due under the Debentures, shall timely make all payments of any other monetary Obligations, shall perform or comply with, as the case may be, all of the other Obligations, and shall perform and comply in all respects with all applicable terms, conditions and covenants of all this Agreement and the other Investment Documents.

Appears in 1 contract

Sources: Investment Agreement (Au Bon Pain Co Inc)