EXPENDITURES BY LENDER. Any amounts expended by or on behalf of Lender pursuant to the exercise of any right or remedy provided herein or available at law or in equity shall become part of the Obligations and shall bear interest at the Default Rate from the date of such expenditure until the date repaid.
Appears in 5 contracts
Samples: Loan and Security Agreement (Equivest Finance Inc), Loan and Security Agreement (Equivest Finance Inc), Loan and Security Agreement (Equivest Finance Inc)
EXPENDITURES BY LENDER. Any amounts sums expended by or on behalf of Lender pursuant to the exercise of any right or remedy provided herein or available at law or in equity shall become part of the Obligations and shall bear interest at the Default Rate Rate, from the date of such expenditure until the date repaid.
Appears in 4 contracts
Samples: Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)
EXPENDITURES BY LENDER. Any amounts reasonable and documented sums expended by or on behalf of Lender pursuant to the exercise of any right or remedy provided herein or available at law or in equity shall become part of the Obligations and shall bear interest at the Default Rate Rate, from the date of such expenditure until the date repaid.
Appears in 2 contracts
Samples: Contract (Diamond Resorts Parent, LLC), Inventory Loan and Security Agreement (Diamond Resorts Parent, LLC)
EXPENDITURES BY LENDER. Any amounts sums reasonably expended by or on behalf of Lender pursuant to the exercise of any right or remedy provided herein or available at law or in equity shall become part of the Obligations and shall bear interest at the Default Rate Rate, from the date of such expenditure until the date repaid.
Appears in 1 contract
Samples: Loan and Security Agreement (Cr Resorts Capital S De R L De C V)
EXPENDITURES BY LENDER. Any amounts sums expended by or on behalf of Lender pursuant to the exercise of any right or remedy provided herein or available at law or in equity herein, and all expenses payable by Borrower under any provision of this Agreement shall become part of the Obligations Obligations, shall be paid by Borrower to Lender upon demand and shall bear interest at the Default Rate for the Loan, from the date of such expenditure until the date repaid.
Appears in 1 contract
Samples: Construction Loan and Security Agreement (Bluegreen Corp)
EXPENDITURES BY LENDER. Any amounts expended by or on behalf of Lender pursuant to the exercise of any right or remedy provided herein or available at law or in equity shall be deemed an Advance hereunder, become part of the Obligations Obligations, and shall bear interest at the Default Rate from the date of such expenditure until the date repaid.
Appears in 1 contract
