Performance Under This Agreement. In the event any Obligor fails to make, on or before the due date thereof, any payment of the principal of, or interest on, the Notes, the Letter of Credit Obligations or of any other amounts payable, or any other indebtedness owing, under any of the Facility Documents or if any Obliger shall fail to perform, keep, observe, or fulfill any other obligation referred to in clause (a) or clause (b) of Section 10.01 hereof in the manner provided in the Notes, the Letters of Credit or in any of the other Facility Documents, the JLM Domestic Entities shall cause forthwith to be paid the moneys, or to be performed, kept, observed, or fulfilled each of such obligations, in respect of which such failure has occurred.
Appears in 2 contracts
Sources: Credit Agreement (JLM Industries Inc), Credit Agreement (JLM Industries Inc)