Payments of Recourse Obligations. The Borrower hereby promises to pay the following (collectively, the “Obligations”), in each case pursuant to the terms of this Agreement regarding priority and timing of payments: (a) all amounts due and owing under Sections 3.2 and 3.3 on the dates specified therein; (b) the Fees set forth in the Fee Letter on the dates specified therein; (c) all accrued and unpaid Interest on each Payment Date; and (d) all Breakage Costs and Indemnified Amounts upon demand made in accordance with this Agreement.
Appears in 2 contracts
Sources: Receivables Funding Agreement (Americredit Corp), Receivables Funding Agreement (Americredit Corp)