Common use of Punctual Payment and Performance Clause in Contracts

Punctual Payment and Performance. It shall duly and punctually pay the principal of all Loans, all interest thereon and all fees and other amounts required to be paid by the Borrower hereunder in the manner specified hereunder and the Borrower shall perform and observe all of its obligations under this Agreement and under any other Document to which it is a party.

Appears in 13 contracts

Sources: Credit Agreement (Obsidian Energy Ltd.), Credit Agreement (Obsidian Energy Ltd.), Credit Agreement (Greenfire Resources Ltd.)

Punctual Payment and Performance. It shall duly Duly and punctually pay the principal of all Loans, all interest thereon and all fees and other amounts required to be paid by the Borrower hereunder in the manner specified hereunder and the Borrower shall maintain, perform and observe all of its obligations under this Agreement and under any other Document to which it is a partyAgreement.

Appears in 7 contracts

Sources: Credit Agreement, Credit Agreement, Credit Agreement

Punctual Payment and Performance. It shall duly Duly and punctually pay the principal of all Loans, all interest thereon and all fees and other amounts required to be paid by the Borrower hereunder in the manner specified hereunder and the Borrower shall, and shall cause its Subsidiaries to maintain, perform and observe all of its their respective obligations under this Agreement and under any other Document to which it is a party.

Appears in 2 contracts

Sources: Credit Agreement (Enbridge Inc), Credit Agreement (Enbridge Inc)

Punctual Payment and Performance. It Each Borrower shall duly and punctually pay the principal of all Loans, all interest thereon and all fees and other amounts required to be paid by the Borrower it hereunder in the manner specified hereunder and the each Borrower shall, and shall cause each Material Subsidiary to, as applicable, perform and observe all of its obligations under this Agreement and under any other Document to which it is a party.

Appears in 2 contracts

Sources: Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.)

Punctual Payment and Performance. It shall duly Duly and punctually pay the principal of all LoansAdvances, all interest thereon and all fees and other amounts required to be paid by the Borrower hereunder in the manner specified hereunder and the Borrower shall perform and observe all of its obligations under this Agreement and under any other Loan Document to which it is a party.

Appears in 2 contracts

Sources: Credit Agreement (Trident Resources Corp), Credit Agreement (Trident Resources Corp)

Punctual Payment and Performance. It shall duly and punctually pay the principal theprincipal of all Loans, all interest thereon and all fees and other amounts required to be paid by the Borrower Companies hereunder in the manner specified hereunder and the Borrower Companies shall perform and observe all of its obligations under this Agreement and under any other Transaction Document to which it any of them is a party.

Appears in 1 contract

Sources: Credit and Security Agreement

Punctual Payment and Performance. It shall duly Duly and punctually pay the principal of all Loans, all interest thereon and all fees and other amounts required to be paid by the Borrower hereunder in the manner specified hereunder and the Borrower shall maintain, perform and observe all of its obligations under this Agreement and under any other Document to which it is a party.

Appears in 1 contract

Sources: Credit Agreement