Common use of Performance by Buyer of Seller’s Obligations Clause in Contracts

Performance by Buyer of Seller’s Obligations. If a Seller fails to perform or comply with any of its agreements contained in the Facility Documents and the Buyer may itself perform or comply, or otherwise cause performance or compliance, with such agreement, the expenses of the Buyer incurred in connection with such performance or compliance, together with Price Differential thereon at a rate per annum equal to the Default Rate, shall be payable by the Sellers to the Buyer on demand and shall constitute Obligations.

Performance by Buyer of Seller’s Obligations. If a Seller fails to perform or comply with any of its agreements contained in the Facility Transaction Documents and the Buyer may itself perform or comply, or otherwise cause performance or compliance, with such agreement, the expenses of the Buyer incurred in connection with such performance or compliance, together with Price Differential Late Fees thereon at a rate per annum equal to the Default Late Fee Rate, shall be payable by the Sellers relevant Seller to the Buyer on demand and shall constitute Repurchase Obligations.

Performance by Buyer of Seller’s Obligations. If a any Seller fails to perform or comply with any of its agreements contained in the Facility Repurchase Documents and the Buyer may itself perform performs or complycomplies, or otherwise cause causes performance or compliance, with such agreement, the expenses of the Buyer incurred in connection with such performance or compliance, together with Price Differential interest thereon at a rate per annum equal to the Post-Default Rate, shall be payable by the Sellers to the Buyer on demand and shall constitute Repurchase Obligations.

Performance by Buyer of Seller’s Obligations. If a Seller fails to perform or comply with any of its agreements contained in the Facility Transaction Documents and the Buyer may itself perform or comply, or otherwise cause performance or compliance, with such agreement, the expenses of the Buyer incurred in connection with such performance or compliance, together with Price Differential Late Fees thereon at a rate per annum equal to the Default Late Fee Rate, shall be payable by the Sellers Seller to the Buyer on demand and shall constitute Repurchase Obligations.