Common use of Payments of Recourse Obligations Clause in Contracts

Payments of Recourse Obligations. The Borrower hereby promises to pay the following (collectively, the “Recourse Obligations”): (a) all amounts due and owing under Section 1.3 or Section 1.4 on the dates specified therein or in order to cure a Borrowing Base Deficiency within two (2) Business Days of knowledge of an Authorized Officer of the Borrower or notice from Agent or a Lender of the occurrence thereof; (b) the fees set forth in the Agent Fee Letter and the Fee Letter on the dates specified therein; (c) all accrued and unpaid Interest on the Loans accruing Interest at the Alternate Base Rate or the Default Rate on each Settlement Date applicable thereto; (d) all accrued and unpaid Interest on the Loans accruing Interest at the LIBO Rate on the last day of each Interest Period applicable thereto; (e) all LC Amounts and LC Obligations; and (f) all Broken Funding Costs and Indemnified Amounts upon demand.

Payments of Recourse Obligations. The Borrower hereby promises to pay the following (collectively, the “Recourse Obligations”): (a) all amounts due and owing under Section 1.3 or Section 1.4 on the dates specified therein or in order to cure a Borrowing Base Deficiency within two (2) Business Days of knowledge of an Authorized Officer of the Borrower or notice from Agent or a Lender of the occurrence thereof; (b) the fees set forth in the Agent Fee Letter and the Fee Letter on the dates specified therein; (c) all accrued and unpaid Interest on the Loans accruing Interest at the Alternate Base Rate or the Default Rate on each Settlement Date applicable thereto; (d) all accrued and unpaid Interest on the Loans accruing Interest at the LIBO Rate on the last day of each Interest Period applicable thereto; (e) all LC Amounts and LC Obligations; and (f) all Broken Funding Costs and Indemnified Amounts upon demand.

Payments of Recourse Obligations. The Borrower hereby promises to pay the following (collectively, the “Recourse Obligations”): (a) all amounts due and owing under Section 1.3 or Section 1.4 on the dates specified therein or in order to cure a Borrowing Base Deficiency within two (2) Business Days of knowledge of an Authorized Officer of the Borrower or notice from Agent or a Lender of the occurrence thereof; (b) the fees set forth in the Agent Fee Letter and the Fee Letter on the dates specified therein; (c) all accrued and unpaid Interest on the Loans accruing Interest at the Alternate Base Rate or the Default Rate on each Settlement Date applicable thereto; (d) all accrued and unpaid Interest on the Loans accruing Interest at the LIBO Rate on the last day of each Interest Period applicable thereto; (e) all LC Amounts and LC Obligations; and (fe) all Broken Funding Costs and Indemnified Amounts upon demand.