Common use of Performance by Secured Party Clause in Contracts

Performance by Secured Party. If Grantor fails to perform any agreement or obligation provided herein, Secured Party may itself perform, or cause performance of, such agreement or obligation, and the expenses of Secured Party incurred in connection therewith shall be a part of the Indebtedness, secured by the Collateral and payable by Grantor on demand. Notwithstanding any other provision herein to the contrary, Secured Party does not have any duty to exercise or continue to exercise any of the foregoing rights and shall not be responsible for any failure to do so or for any delay in doing so.

Performance by Secured Party. If Grantor fails to perform any agreement or obligation provided herein, Secured Party may itself perform, or cause performance of, such agreement or obligation, and the expenses of Secured Party incurred in connection therewith shall be a part of the Indebtedness, secured by the Collateral and payable by Grantor on demand. Notwithstanding any other provision herein to the contrary, Secured Party does not have any duty to exercise or continue to exercise any of the foregoing rights and shall not be responsible for any failure to do so or for any delay in doing so.

Performance by Secured Party. If any Grantor fails to perform any agreement or obligation provided contained herein, Secured Party may itself perform, or cause performance of, such agreement or obligation, and the reasonable expenses of Secured Party incurred in connection therewith shall be a part of the Indebtedness, secured by the Collateral and payable by such Grantor on demand. Notwithstanding any other provision herein to the contrary, Secured Party does not have any duty to exercise or continue to exercise any of the foregoing rights and shall not be responsible for any failure to do so or for any delay in doing sounder Section 4.5.

Performance by Secured Party. If any Grantor fails to perform or comply with any agreement or obligation provided of its agreements contained herein, Secured Party may itself performmay, at its sole discretion, cause or attempt to cause performance of, or compliance with such agreement or obligation, and the expenses of Secured Party incurred in connection therewith Party, together with interest thereon at the Default Rate, shall be a part of the Indebtedness, payable by such Grantor to Secured Party on demand and shall constitute Obligations secured by the Collateral and payable by Grantor on demandthis Agreement. Notwithstanding any other provision herein to the contraryforegoing, it is expressly agreed that Secured Party does shall not have any duty to exercise liability or continue to exercise responsibility for the performance of any obligation of the foregoing rights and shall not be responsible for any failure to do so or for any delay in doing soGrantor under this Agreement.

Performance by Secured Party. If Grantor fails to perform any agreement or obligation provided herein, Secured Party may itself perform, or cause performance of, such agreement or obligation, and the expenses of Secured Party incurred in connection therewith shall be a part of the Indebtedness, secured by the Collateral and payable by Grantor on demand. 041800-26725/4885-1579-8585.4 Notwithstanding any other provision herein to the contrary, Secured Party does not have any duty to exercise or continue to exercise any of the foregoing rights and shall not be responsible for any failure to do so or for any delay in doing so.