Common use of Right to Pay and Perform Clause in Contracts

Right to Pay and Perform. If Borrower shall fail to pay any amount as required herein or in any of the other Loan Documents, to satisfy any requirement hereof or of any of the other Loan Documents, or to perform otherwise as required herein or in any of the other Loan Documents, Lender may advance the moneys necessary to pay the same, to satisfy such requirements or to so perform.

Appears in 3 contracts

Samples: Loan Agreement (Star Buffet Inc), Loan Agreement (Star Buffet Inc), Loan Agreement (Star Buffet Inc)

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Right to Pay and Perform. If Borrower shall fail to pay any amount as required herein or in any of the other Loan Documents, to satisfy any requirement hereof or of any of the other Loan Documents, or to perform otherwise as required herein or in any of the other Loan Documents, Lender may advance the moneys money necessary to pay the same, to satisfy such requirements or to so perform.

Appears in 1 contract

Samples: Loan Agreement (Global Aircraft Solutions, Inc.)

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