Common use of Performance by Secured Party of Debtor’s Obligations Clause in Contracts

Performance by Secured Party of Debtor’s Obligations. If Debtor fails to perform or comply with any of its agreements or covenants contained in this Agreement and Secured Party performs or complies, or otherwise causes performance or compliance, with such agreement or covenant in accordance with the terms of this Agreement, then the reasonable expenses of Secured Party incurred in connection with such performance or compliance shall be payable by Debtor to Secured Party on demand with interest thereon at the rate specified in Section 3(c) and shall constitute Obligations secured by this Agreement.

Performance by Secured Party of Debtor’s Obligations. If the Debtor fails to perform or comply with any of its agreements contained herein and the Secured Party, as provided for by the terms of this Security Agreement, shall itself perform or covenants contained in this Agreement and Secured Party performs or compliescomply, or otherwise causes cause performance or compliance, with such agreement or covenant in accordance with agreement, the terms of this Agreement, then the reasonable expenses of the Secured Party incurred in connection with such performance or compliance compliance, together with interest thereon at a rate per annum equal to the Default Rate, shall be payable by the Debtor to the Secured Party on demand with interest thereon at the rate specified in Section 3(c) and shall constitute Obligations secured by this Agreementhereby.

Performance by Secured Party of Debtor’s Obligations. If the Debtor fails to perform or comply with any of its agreements or covenants contained in this Agreement and the Secured Party performs or complies, or otherwise causes performance or compliance, with such agreement or covenant in accordance with the terms of this Agreement, then the reasonable expenses of the Secured Party incurred in connection with such performance or compliance shall be payable by the Debtor to the Secured Party on demand with interest thereon at the rate specified in Section 3(c) and shall constitute Obligations secured by this Agreement.

Performance by Secured Party of Debtor’s Obligations. If the Debtor ------------------------------------------------------ fails to perform or comply with any of its agreements or covenants contained in this Agreement and the Secured Party performs or complies, or otherwise causes performance or compliance, with such agreement or covenant in accordance with the terms of this Agreement, then the reasonable expenses of the Secured Party incurred in connection with such performance or compliance shall be payable by the Debtor to the Secured Party on demand with interest thereon at the rate specified in Section 3(c) and shall constitute Obligations secured by this Agreement.

Performance by Secured Party of Debtor’s Obligations. If Debtor fails to perform or comply with any of its agreements contained herein and the Secured Parties shall itself perform or covenants contained in this Agreement and Secured Party performs or compliescomply, or otherwise causes cause performance or compliance, with such agreement or covenant in accordance with the terms of this Agreementagreement, then the reasonable expenses of the Secured Party Parties incurred in connection with such performance or compliance compliance, together with interest thereon at a rate per annum equal to 12%, shall be payable by Debtor to the Secured Party Parties on demand with interest thereon at the rate specified in Section 3(c) and shall constitute Obligations secured by this Agreementhereby.

Performance by Secured Party of Debtor’s Obligations. If either Debtor fails to perform or comply with any of its agreements or covenants contained in this Agreement and the Secured Party performs or complies, or otherwise causes performance or compliance, with such agreement or covenant in accordance with the terms of this Agreement, then the reasonable expenses of the Secured Party incurred in connection with such performance or compliance shall be payable by Debtor the Debtors to the Secured Party on demand with interest thereon at the rate specified in Section 3(c) and shall constitute Obligations secured by this Agreement.

Performance by Secured Party of Debtor’s Obligations. If Debtor fails to perform or comply with any of its agreements or covenants contained in this Agreement and Secured Party performs or complies, or otherwise causes performance or compliance, with such agreement or covenant in accordance with the terms of this Agreement, then the reasonable expenses of Secured Party incurred in connection with such performance or compliance shall be payable by Debtor to Secured Party on demand with interest thereon at the rate specified in Section 3(c) and shall constitute Obligations secured by this Agreement.

Performance by Secured Party of Debtor’s Obligations. If Debtor fails to perform or comply with any of its agreements or covenants contained in this Agreement herein and Secured Party performs Party, as provided for by the terms of this Security Agreement, shall itself perform or compliescomply, or otherwise causes cause performance or compliance, with such agreement or covenant in accordance with agreement, the terms of this Agreement, then the reasonable expenses of Secured Party incurred in connection with such performance or compliance compliance, together with interest thereon at the maximum lawful rate, shall be payable by Debtor to Secured Party on demand with interest thereon at the rate specified in Section 3(c) and shall constitute Obligations obligations secured by this Agreementhereby.