Common use of Promises to Pay Clause in Contracts

Promises to Pay. Borrower promises to pay to Lender when due, whether by normal maturity, acceleration or otherwise, the entire outstanding principal amount of the Revolving Credit, together with interest, and all other amounts payable by Borrower to Lender hereunder, including costs of collection.

Appears in 7 contracts

Sources: Revolving Credit Loan Agreement, Revolving Credit Loan Agreement (SPYR, Inc.), Revolving Credit Loan Agreement (Embarr Downs, Inc.)

Promises to Pay. Borrower promises to pay to Lender when due, whether by normal maturity, acceleration or otherwise, the entire outstanding principal amount of the Revolving CreditCredit Facility, together with interest, and all other amounts payable by Borrower to Lender hereunder, including costs of collection, in accordance with the terms of this Agreement and each Note.

Appears in 1 contract

Sources: Revolving Credit Loan Agreement (Us Medsys Corp)