Performance of Lender. At its option, upon Borrower’s failure to do so, the Lender may make any payment or do any act on the Borrower’s behalf that the Borrower or others are required to do to remain in compliance with this Agreement or any of the other Loan Documents, and Borrower agrees to reimburse the Lender, on demand, for any payment made or expense reasonably incurred by Lender pursuant to the foregoing authorization, including, without limitation, reasonable attorneys’ fees.
Appears in 2 contracts
Samples: Term Loan Agreement (Adcare Health Systems Inc), Term Loan Agreement (Adcare Health Systems Inc)
Performance of Lender. At its option, upon Borrower’s 's failure to do so, the Lender may make any payment or do any act on the Borrower’s 's behalf that the Borrower or others are required inquired to do to remain in compliance with this Agreement or any of the other Loan Documents, and Borrower agrees to reimburse the Lender, on demand, for any payment made or expense reasonably incurred by Lender pursuant to the foregoing authorization, including, without limitation, reasonable attorneys’ fees.Lender
Appears in 1 contract
Performance of Lender. At its option, upon Borrower’s 's failure to do so, the Lender may make any payment or do any act on the Borrower’s 's behalf that the Borrower or others are required to do to remain in compliance with this Agreement or any of the other Loan Documents, and Borrower agrees to reimburse the Lender, on demand, for any payment made or expense reasonably incurred by Lender pursuant to the foregoing authorization, including, without limitation, reasonable attorneys’ ' fees.
Appears in 1 contract
Samples: Term Loan Agreement (Cyanotech Corp)
Performance of Lender. At its option, upon Borrower’s failure to do so, the Lender may make any payment or do any act on the Borrower’s behalf that the Borrower or others are required to do to remain in compliance with this Agreement or any of the other Loan Documents, and Borrower agrees to reimburse the Lender, on demand, for any payment made or expense reasonably incurred by Lender pursuant to the foregoing authorization, including, without limitation, reasonable attorneys’ fees.
Appears in 1 contract
Samples: Term Loan Agreement (Cyanotech Corp)