Common use of Right to Make Advances Clause in Contracts

Right to Make Advances. If an advance of funds shall at any time be required for the preservation or maintenance of any Collateral, then, upon three Business Days' notice to the Company, the Trustee shall be entitled (but shall not be obligated) to make such advance. Each such advance shall be reimbursed, with interest from the date such advance was made at the rate per annum then borne by the Notes, by the Company, upon demand by the Trustee, and if the Company fails to comply with any such demand, out of Trust Moneys. Any funds advanced by the Trustee pursuant to this Section 5.02 for the preservation or maintenance of Collateral shall be Secured Obligations hereunder.

Right to Make Advances. If an advance of funds shall at any time be required for the preservation or maintenance of any Collateral, then, upon three Business Days' notice to the Company, the Trustee shall be entitled to make such advance (but it being understood that the Trustee shall not be obligated) obligated to make any such advance). Each such advance shall be reimbursed, with interest from the date such advance was made (at the rate per annum then borne by the NotesSecurities), by the Company, upon demand by the Trustee, and if the Company fails to comply with any such demand, out of Trust Moneys. Any funds advanced by the Trustee pursuant to this Section 5.02 for the preservation or and maintenance of Collateral shall be Secured Obligations hereunder.