Performance by Lender. If Borrower fails to perform any agreement contained herein, Lender may, but shall not be obligated to, cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrower pursuant to Section 10.3 below.
Appears in 2 contracts
Samples: Inventory and Development Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)
Performance by Lender. If Borrower fails Borrowers fail to perform any agreement contained herein, Lender may, but shall not be obligated to, cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrower Borrowers pursuant to Section 10.3 9.3 below.
Appears in 2 contracts
Samples: Loan and Security Agreement (Bluegreen Corp), Loan and Security Agreement (Bluegreen Corp)
Performance by Lender. If Borrower fails to perform any agreement contained herein, Lender may, but shall not be obligated to, cause the performance of, of such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrower pursuant to Section 10.3 below.
Appears in 1 contract
Samples: Inventory Loan and Security Agreement (Silverleaf Resorts Inc)
Performance by Lender. If Borrower fails to perform any agreement --------------------- contained hereinherein or in any of the Loan Documents, Lender may, but shall not be obligated to, cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrower pursuant to Section 10.3 below.
Appears in 1 contract
Samples: Loan and Security Agreement (Signature Resorts Inc)
Performance by Lender. If Borrower fails to perform any agreement contained herein, Lender may, but shall not be obligated to, cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrower pursuant to Section 10.3 9.3 below.
Appears in 1 contract
Performance by Lender. If Borrower fails to perform any agreement contained herein, Lender maymay itself perform, but shall not be obligated to, or cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrower pursuant to Section 10.3 below.under Section
Appears in 1 contract
Samples: Loan and Security Agreement (Silverleaf Resorts Inc)
Performance by Lender. If Borrower fails or Guarantor fail to perform any agreement contained herein, Lender may, but shall not be obligated to, cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrower pursuant to Section 10.3 SECTION 10.4 below.
Appears in 1 contract
Samples: Loan and Security Agreement (Atlantic Coast Entertainment Holdings Inc)
Performance by Lender. If Borrower fails to perform any agreement --------------------- contained herein, Lender may, but shall not be obligated to, cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrower pursuant to Section 10.3 9.3 below.
Appears in 1 contract
Performance by Lender. If Borrower fails to perform any agreement contained herein, Lender maymay itself perform, but shall not be obligated to, or cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrower pursuant to under Section 10.3 10.5 below.
Appears in 1 contract
Samples: Loan and Security Agreement (Silverleaf Resorts Inc)
