Common use of LENDER'S PAYMENT OF CLAIMS Clause in Contracts

LENDER'S PAYMENT OF CLAIMS. Lender may, in its sole discretion, discharge or obtain the release of any Lien asserted by any Person against the Collateral, other than a Permitted Lien which, in the Lender's judgment, may have a Material Adverse Effect on the Lender's rights with respect to the Collateral. All sums paid by Lender in respect thereof shall be payable, on demand, by Borrower to Lender and shall be a part of the Obligations.

LENDER'S PAYMENT OF CLAIMS. Lender may, in its Lender’s sole discretion, discharge or obtain the release of any Lien asserted by any Person Lender against the Collateral, Collateral (other than a Permitted Lien which, in the Lender's judgment, may have a Material Adverse Effect on the Lender's rights with respect Liens permitted pursuant to the CollateralSection 6.2 hereof). All sums paid by Lender in respect thereof shall be payable, on demand, by Borrower Borrowers to Lender and shall be a part of the ObligationsIndebtedness.

LENDER'S PAYMENT OF CLAIMS. Lender may, in its sole discretion, discharge or obtain the release of any Lien asserted by any Person against the Collateral, other than a Permitted Lien which, in the Lender's ’s judgment, may have a Material Adverse Effect on the Lender's ’s rights with respect to the Collateral. All sums paid by Lender in respect thereof shall be payable, on demand, by Borrower to Lender and shall be a part of the Obligations. 7.

LENDER'S PAYMENT OF CLAIMS. Lender may, in its sole discretion, discharge or obtain the release of any Lien asserted by any Person against the Collateral, other than a Permitted Lien which, in the Lender's judgment, may have a Material Adverse Effect on the Lender's rights with respect to the Collateral. All sums paid by Lender in respect thereof shall be payable, on demand, by Borrower Pledgor to Lender and shall be a part of the Obligations.

LENDER'S PAYMENT OF CLAIMS. Lender may, in its sole discretion, discharge or obtain the release of any Lien security interest, lien, claim or encumbrance asserted by any Person against the Collateral, other than a Permitted Lien which, in the Lender's judgment, may have a Material Adverse Effect on the Lender's rights with respect to the CollateralLien. All sums paid by Lender in respect thereof shall be payable, on demand, by Borrower Guarantors to such Lender and shall be a part of the Obligations. 7.

LENDER'S PAYMENT OF CLAIMS. Lender may, in its sole discretion, discharge or obtain the release of any Lien lien asserted by any Person person against the Collateral, other than a Permitted Lien permitted lien which, in the Lender's judgment, may have a Material Adverse Effect material adverse effect on the Lender's rights with respect to the Collateral. All sums paid by Lender in respect thereof shall be payable, on demand, by Borrower to Lender and shall be a part of the ObligationsObligation.