Common use of Reimbursement of Expenditure Clause in Contracts

Reimbursement of Expenditure. If Beneficiary shall expend any money chargeable to Grantor or subject to reimbursement by Grantor under the terms of the Loan Instruments, Grantor will repay the same to Beneficiary immediately at the place where the Note

Reimbursement of Expenditure. If Beneficiary shall expend any money chargeable to Grantor or subject to reimbursement by Grantor under the terms of the Loan Instruments, Grantor will shall repay the same to Beneficiary immediately at the place where the NoteNote is payable, together with interest thereon at the Default Rate (as defined in the Loan Agreement) from and after the date of each such expenditure by Beneficiary until paid by Grantor.

Reimbursement of Expenditure. If Beneficiary shall expend any money chargeable to Grantor or subject to reimbursement by Grantor under the terms of the Loan InstrumentsDocuments, Grantor will shall repay the same to Beneficiary immediately at the place where the NoteLoan Agreement is payable, together with interest thereon at the Default Rate (as defined in the Loan Agreement).

Reimbursement of Expenditure. If Beneficiary shall expend any money chargeable to Grantor or subject to reimbursement by Grantor under the terms of the Loan Instruments, Grantor will shall repay the same to Beneficiary immediately at the place where the Note is payable, together with interest thereon at the Default Rate provided for in the Note.