Performance of Defaulted Acts. From and after the occurrence and during the continuance of an Event of Default, Mortgagee may, but need not, make any payment or perform any act herein required of Mortgagor in any form and manner deemed expedient, including making full or partial payments of principal or interest on prior encumbrances, if any, making rental payments and purchasing, discharging, compromising or settling any tax lien or other prior lien or title or claim thereof, or redeeming from any tax sale or forfeiture affecting the Collateral or contesting any tax or assessment, in each case, other than taxes not required to be discharged pursuant to the Credit Agreement and Liens not permitted pursuant to Section 6.02 of the Credit Agreement. All reasonable and documented out-of-pocket moneys paid for any of the purposes herein authorized and all expenses paid or incurred in connection therewith, including reasonable and documented out-of-pocket attorneys’ fees, shall be included among the Secured Obligations and shall be due and payable in accordance with Section 9.03 of the Credit Agreement and with interest thereon from the date due or expense at the rate of interest payable after an Event of Default under the terms of the Credit Agreement. Inaction of Mortgagee shall never be considered as a waiver of any right accruing to it hereunder on account of any default on the part of Mortgagor. Mortgagee, making any payment hereby authorized relating to taxes or assessments, may do so according to any xxxx, statement or estimate procured from the appropriate public office without inquiry into the accuracy of such xxxx, statement or estimate or into the validity of any tax, assessment, sale, forfeiture, tax lien or title or claim thereof.
Performance of Defaulted Acts. From and after the occurrence of an Event of Default, Beneficiary may (without prejudice to its other rights and remedies), but need not, make any payment or perform any act required of Trustor herein, in the Indenture or in any other Transaction Document, in each case in any form and manner deemed expedient, including without limitation making full or partial payments of principal or interest on prior encumbrances, if any, and purchasing, discharging, compromising or settling any tax Lien or other prior Lien or title or claim thereof, or redeeming from any tax sale or forfeiture affecting the Trust Property or contesting any tax or assessment. All monies paid for any of the purposes herein authorized and all expenses paid or incurred in connection therewith, including reasonable attorneys' fees (including reasonable fees of in-house counsel), shall be included among the Obligations and shall be due and payable upon demand and with interest thereon from the date of such payment or expense at the Default Rate. Inaction of Beneficiary shall never be considered as a waiver of any right accruing to it hereunder on account of any default on the part of Trustor. Beneficiary, in making any payment hereby authorized relating to taxes or assessments, may do so according to any bill, statement or estimate procured from the appropriate public office without inquiry into the accuracy of such bill, statement or estimate or into the validity of any tax, assessment, sale, forfeiture, tax Lien or title or claim thereof.
Performance of Defaulted Acts. (a) During the existence of an Event of Default, Secured Party may, but is not obligated to, make any payment or perform any act herein required of Debtor in any form and manner deemed expedient, including, without limitation, making full or partial payments of
