Common use of Mezzanine Lender's Right to Perform Clause in Contracts

Mezzanine Lender's Right to Perform. If Mezzanine Borrower fails to perform any covenant or obligation contained herein and such failure shall continue for a period of ten (10) Business Days after Mezzanine Borrower's receipt of written notice thereof from Mezzanine Lender, without in any way limiting Section 7.1 hereof, Mezzanine Lender may, but shall have no obligation to, itself perform, or cause performance of, such covenant or obligation, and the expenses of Mezzanine Lender incurred in connection therewith shall be payable by Mezzanine Borrower to Mezzanine Lender upon demand. Notwithstanding the foregoing, Mezzanine Lender shall have no obligation to send notice to Mezzanine Borrower of any such failure.

Mezzanine Lender's Right to Perform. If Mezzanine Borrower fails Borrowers fail to perform any covenant or obligation contained herein or in any Mezzanine Loan Document and such failure shall continue for a period of ten (10) five Business Days after Mezzanine Borrower's Borrowers' receipt of written notice thereof from Mezzanine Lenderthereof, without in any way limiting Section 7.1 hereof, from Mezzanine Lender, Mezzanine Lender may, but shall have no obligation to, itself perform, or cause performance of, such covenant or obligation, and the expenses of Mezzanine Lender incurred in connection therewith shall be payable by Mezzanine Borrower Borrowers to Mezzanine Lender upon demand. Notwithstanding the foregoing, Mezzanine Lender shall have no obligation to send notice to Mezzanine Borrower Borrowers of any such failure.

Mezzanine Lender's Right to Perform. If Mezzanine Borrower fails Borrowers fail to perform any covenant or obligation contained herein or in any Mezzanine Loan Document and such failure shall continue for a period of ten (10) five Business Days after Mezzanine Borrower's Borrowers' receipt of written notice thereof from Mezzanine Lenderthereof, without in any way limiting Section SECTION 7.1 hereof, from Mezzanine Lender, Mezzanine Lender may, but shall have no obligation to, itself perform, or cause performance of, such covenant or obligation, and the expenses of Mezzanine Lender incurred in connection therewith shall be payable by Mezzanine Borrower Borrowers to Mezzanine Lender upon demand. Notwithstanding the foregoing, Mezzanine Lender shall have no obligation to send notice to Mezzanine Borrower Borrowers of any such failure.