Common use of Discharge Encumbrances Clause in Contracts

Discharge Encumbrances. After the occurrence and during the continuance of an Event of Default, Secured Party may, at its option, discharge any taxes, Liens, security interests or other encumbrances at any time levied or placed on the Collateral. Pledgor agrees to reimburse Secured Party as provided in the Indenture.

Discharge Encumbrances. After the occurrence and during during, the continuance of an Event of Default, Secured Party may, at its option, discharge any taxes, Liens, security interests or other encumbrances at any time levied or placed on the Collateral. Pledgor agrees to reimburse Secured Party as provided in the Indenture.

Discharge Encumbrances. After the occurrence and during the continuance of an Event of Default, Secured Party may, at its option, discharge any taxes, Liens, security interests taxes or other encumbrances Liens at any time levied or placed on the CollateralCollateral and not paid by the Pledgor when due, except for those items being contested in good faith, by appropriate proceedings, diligently pursued and for which adequate reserves have been provided in accordance with GAAP. Pledgor agrees to reimburse Secured Party as provided in upon demand for any payment so made, plus interest thereon from the Indenturedate of Secured Party's demand at the Post-Default Rate.

Discharge Encumbrances. After the occurrence and during the continuance of an Event of Default, Secured Party may, at its option, discharge any taxes, Liens, security interests or other encumbrances at any time levied or placed on the Collateral, and may pay for insurance on the Collateral to the extent required by this Agreement or the Indenture and not obtained by Debtors. Pledgor agrees Debtors agree to reimburse Secured Party upon demand for any payment so made, plus interest thereon from the date of Secured Party's demand at the interest rate applicable to overdue principal as provided in the IndentureNotes.

Discharge Encumbrances. After the occurrence and during the continuance of an Event of Default, Secured Party may, at its option, discharge any taxes, Liens, security interests or other encumbrances at any time levied or placed on the CollateralCollateral and may pay for insurance on the Collateral to the extent required by this Agreement or the Indenture and not obtained by Debtor. Pledgor Debtor agrees to reimburse Secured Party upon demand for any payment so made, plus interest thereon from the date of Secured Party's demand at the interest rate applicable to overdue principal as provided in the IndentureNotes.

Discharge Encumbrances. After the occurrence and during the continuance of an Event of Default, Secured Party may, at its option, discharge any taxes, Liensliens, security interests or other encumbrances at any time levied or placed on the Collateral. Pledgor agrees to reimburse Secured Party as provided in upon demand for any payment so made, plus interest thereon from the Indenturedate of Secured Party's demand at the Post-Default Rate.