Credit Union May Perform Obligor’s Duties. If the Obligor fails to perform any of its duties under this Agreement, the Credit Union may, but shall not be obligated to, perform any or all of those duties, without waiving any rights to enforce this Agreement. The Obligor shall pay the Credit Union, immediately on written demand, an amount equal to the costs, fees and expenses incurred by the Credit Union in doing so plus interest from the date the costs, fees and expenses are incurred until paid at the highest rate of interest applicable to the Obligations. The costs, fees, expenses and interest shall be included in the Obligations under this Agreement.
Appears in 5 contracts
Samples: Security Agreement, Security Agreement, Security Agreement
