Common use of Amounts Payable Under this Security Agreement Clause in Contracts

Amounts Payable Under this Security Agreement. If the Debtor fails to pay on demand the amount of any obligations referred to in this Security Agreement, the Bank may pay such amount at its option and without any obligation to do so and without waiving any default occasioned by the Debtor’s failure to pay such amount. All amounts so paid by the Bank, together with reasonable attorneys’ fees and all other costs, charges and expenses relating to the Indebtedness, shall be a part of the Indebtedness and shall bear interest at the highest rate chargeable on any Indebtedness until paid in full.

Appears in 2 contracts

Samples: Security Agreement (Applied Signal Technology Inc), Security Agreement (Biolase Technology Inc)

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Amounts Payable Under this Security Agreement. If the Debtor fails to pay on demand the amount of any obligations referred to in this Security Agreement, the Bank may pay such amount at its option and without any obligation to do so and without waiving any default occasioned by the Debtor’s failure to pay such amount. All amounts so paid by the Bank, together with reasonable attorneys’ fees at trial and on appeal and all other costs, charges and expenses relating to the Indebtedness, shall be a part of the Indebtedness and shall bear interest at the highest rate chargeable on any Indebtedness until paid in full.

Appears in 2 contracts

Samples: Security Agreement (Alphatec Holdings, Inc.), Security Agreement (Alphatec Holdings, Inc.)

Amounts Payable Under this Security Agreement. If the Debtor fails --------------------------------------------- to pay on demand the amount of any obligations obligation referred to in this Security Agreement, the Bank may pay such amount at its option and without any obligation to do so and without waiving any default occasioned by the Debtor’s 's failure to pay such amount. All amounts so paid by the Bank, together with reasonable attorneys' fees and all other costs, charges and expenses relating to the Indebtedness, shall be a part of the Indebtedness and shall bear interest at the highest rate chargeable on any Indebtedness until paid in full.

Appears in 1 contract

Samples: Termination Agreement (Tarrant Apparel Group)

Amounts Payable Under this Security Agreement. If the Debtor fails to pay on demand the amount of any obligations referred to in this Security Agreement, the Bank may pay such amount at its option and without any obligation to do so and without waiving any default occasioned by the Debtor’s failure to pay such amount. All AlI amounts so paid by the Bank, together with reasonable attorneys’ fees at trial and on appeal and all other costs, charges and expenses relating to the Indebtedness, shall be a part of the Indebtedness and shall bear interest at the highest rate chargeable on any Indebtedness until paid in full.

Appears in 1 contract

Samples: Security Agreement (Alphatec Holdings, Inc.)

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Amounts Payable Under this Security Agreement. If the Debtor fails to pay on demand the amount of any obligations obligation referred to in this Security Agreement, the Bank may pay such amount at its option and without any obligation to do so and without waiving any default occasioned by the Debtor’s 's failure to pay such amount. All amounts so paid by the Bank, together with reasonable attorneys' fees and all other costs, charges and expenses relating to the Indebtedness, shall be a part of the Indebtedness and shall bear interest at the highest rate chargeable on any Indebtedness until paid in full.

Appears in 1 contract

Samples: Security Agreement (Tarrant Apparel Group)

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