Perform Obligations. If an Event of Default has occurred and is continuing and if the Borrower or any Credit Party has failed to perform any of its covenants or agreements in the Loan Documents, the Lender may perform any such covenants or agreements in any manner deemed fit by the Lender without thereby waiving any rights to enforce the Loan Documents. The reasonable expenses (including any legal costs) paid by the Lender in respect of the foregoing shall be an Obligation and shall be secured by the Security.
Appears in 3 contracts
Samples: Credit Agreement (Valens Company, Inc.), Credit Agreement (SNDL Inc.), Credit Agreement (Valens Company, Inc.)
Perform Obligations. If an Event of Default has occurred and is continuing and if the Borrower or any Credit Party has failed to perform any of its covenants or agreements in the Loan Documents, the Lender may Lender, may, but will be under no obligation to perform any such covenants or agreements in any manner deemed fit by the Lender without thereby waiving any rights to enforce the Loan Documents. The reasonable expenses (including any legal costs) paid by the Lender in respect of the foregoing shall will be an Obligation and shall will be secured by the Security.
Appears in 2 contracts
Samples: Non Revolving Term Facility Credit Agreement (Strategic Storage Trust VI, Inc.), Non Revolving Term Facility Credit Agreement (Strategic Storage Trust VI, Inc.)
Perform Obligations. If an Event of Default has occurred and is continuing and if the Borrower or any Credit Party has failed to perform any of its covenants or agreements in the Loan Credit Documents, the Lender may may, but shall be under no obligation to, perform any such covenants or agreements in any manner deemed fit by the Lender without thereby waiving any rights to enforce the Loan Credit Documents. The reasonable expenses (including any reasonable legal costs) paid by the Lender in respect of the foregoing shall be an Obligation and shall be secured by the Security.
Appears in 2 contracts
Samples: Credit Agreement (International Royalty Corp), Credit Agreement (Glamis Gold LTD)
Perform Obligations. If an Event of Default has occurred and is continuing and if the Borrower or any Credit Party has failed to perform any of its covenants covenant or agreements agreement in the Loan Documents, the Lender may Lender, may, but will be under no obligation to, perform any such covenants covenant or agreements agreement in any manner deemed fit by the Lender without thereby waiving any rights to enforce the Loan Documents. The reasonable expenses (including any legal costs) paid by the Lender in respect of the foregoing shall will be included as an Obligation and shall be secured by the SecurityObligation.
Appears in 2 contracts
Samples: Loan Agreement (Telesat Corp), Loan Agreement (Telesat Corp)
Perform Obligations. If an Event of Default has occurred and is continuing and if the Borrower or any Credit Restricted Party has failed to perform any of its covenants or agreements in the Loan Documents, the Lender may Lender, may, but will be under no obligation to, perform any such covenants or agreements in any manner deemed fit by the Lender without thereby waiving any rights to enforce the Loan Documents. The reasonable expenses (including any legal costs) paid by the Lender in respect of the foregoing shall will be an Obligation and shall will be secured by the Security.
Appears in 1 contract
Samples: Credit Agreement (Dirtt Environmental Solutions LTD)
Perform Obligations. If an Event of Default has occurred and is continuing continuing, and if the Borrower or any Credit Party has failed to perform any of its covenants or agreements in the Loan Documents, the Lender may may, but shall be under no obligation to, perform any such covenants or agreements in any manner deemed fit by the Lender without thereby waiving any rights to enforce the Loan Documents. The reasonable expenses (including any legal costs) paid incurred by the Lender in respect of the foregoing shall be an Obligation obligation of the Borrower and shall be secured by the Securitysecurity granted herein.
Appears in 1 contract
Perform Obligations. If an Event of Default has occurred and is continuing and if the Borrower or any Credit Party the Custodian has failed to perform any of its covenants or agreements in the Loan Credit Documents, the Lender may may, but shall be under no obligation to, perform any such covenants or agreements in any reasonable manner deemed fit by the Lender without thereby waiving any rights to enforce the Loan Credit Documents. The reasonable expenses (including any legal costs) paid or incurred by the Lender in respect of the foregoing shall be an Obligation and shall be secured by the Security.
Appears in 1 contract
Samples: Credit Agreement (Americredit Corp)
Perform Obligations. If an Event of Default has occurred and is continuing continuing, and if the Borrower or any Credit Party Obligor has failed to perform any of its covenants or agreements in the Loan Documents, the Lender may may, but shall be under no obligation to, perform any such covenants or agreements in any manner deemed fit by the Lender without thereby waiving any rights to enforce the Loan Documents. The reasonable expenses (including any legal costs) paid incurred by the Lender in respect of the foregoing shall be an Obligation and shall be secured by the Security.
Appears in 1 contract
Samples: Loan Agreement (Monaco Group Inc)
Perform Obligations. If an Event of Default has occurred and is continuing and if the Borrower or any Credit Party has failed to perform any of its covenants or agreements in the Loan Documents, the Lender, may, but shall be under no obligation to, instruct the Lender may to perform any such covenants or agreements in any manner deemed fit by the Lender without thereby waiving any rights to enforce the Loan Documents. The reasonable expenses (including any legal costs) paid by the Lender in respect of the foregoing shall be an Obligation and shall be secured by the Security.
Appears in 1 contract
