Common use of Performance by Lender of Borrower's Obligations Clause in Contracts

Performance by Lender of Borrower's Obligations. If the Borrower fails to perform or comply with any of its agreements contained in this Article IV, the Lender, at its option, but without any obligation so to do, may perform or comply, or otherwise cause performance or compliance, with such agreement.

Appears in 8 contracts

Samples: Line of Credit Agreement (Crescent Operating Inc), Line of Credit Agreement (Crescent Operating Inc), Credit and Security Agreement (Crescent Operating Inc)

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Performance by Lender of Borrower's Obligations. If the Borrower fails to perform or comply with any of its agreements contained in this Article IVherein, the Lender, at its option, but without any obligation so to do, may perform or comply, or otherwise cause performance or compliance, with such agreement.

Appears in 6 contracts

Samples: Security Agreement (Envision Development Corp /Fl/), Security Agreement (Envision Development Corp /Fl/), Loan Agreement (Envision Development Corp /Fl/)

Performance by Lender of Borrower's Obligations. If the Borrower fails to perform or comply with any of its agreements contained in this Article IV, the Lender, at its option, but without any obligation so to do, may perform or complycomply with, or otherwise cause performance or compliancecompliance with, with such agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Crescent Operating Inc)

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Performance by Lender of Borrower's Obligations. If the Borrower fails to perform or comply with any of its agreements contained in this Article IV4, the Lender, at its option, but without any obligation so to do, may perform or comply, or otherwise cause performance or compliance, with such agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Crescent Operating Inc)

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