Certain Rights of Secured Party. The Secured Party shall have the right, but not the obligation, to pay any taxes or levies on the Collateral or any costs to repair or to preserve the Collateral, which payment shall be made for the account of Debtor and shall constitute a part of the obligations owed to the Secured Party and secured pursuant to this Agreement.
Appears in 10 contracts
Samples: Security Agreement, Security Agreement (Brain Scientific Inc.), Security Agreement (MAGELLAN GOLD Corp)