Right to Perform for Borrower. Lender may, in its sole discretion and without any duty to do so, elect to discharge taxes, tax liens, security interests, or any other encumbrance upon the Collateral or any other property or asset of Borrower, to pay any filing, recording, or other charges payable by Borrower, or to perform any other obligation of Borrower under this Loan Agreement or under the Security Documents.
Appears in 7 contracts
Samples: Loan Agreement (inContact, Inc.), Loan Agreement (inContact, Inc.), Loan Agreement (inContact, Inc.)
Right to Perform for Borrower. Lender may, in its sole discretion and without any duty to do so, elect to discharge taxes, tax liens, security interests, or any other encumbrance upon the Collateral or any other property or asset of Borrower, to pay any filing, recording, or other charges payable by Borrower, or to perform any other obligation of Borrower under this Loan and Security Agreement or under the Security Documents.
Appears in 5 contracts
Samples: Loan and Security Agreement (Allied Healthcare Products Inc), Loan and Security Agreement (Pro Dex Inc), Loan and Security Agreement (Point.360)
Right to Perform for Borrower. Lender may, in its sole discretion and without any duty to do so, elect to discharge taxes, tax liens, security interests, or any other encumbrance upon the Collateral or any other property or asset of Borrower, to pay any filing, recording, or other charges payable by Borrower, or to perform any other obligation of Borrower under this Loan Agreement or under the Security Documents, in the event that Borrower is in default under the terms of the Loan Documents.
Appears in 2 contracts
Samples: Loan Agreement (1 800 Contacts Inc), Security Agreement (1 800 Contacts Inc)
Right to Perform for Borrower. Lender may, in its sole discretion and without any duty to do so, elect to discharge taxes, tax liens, security interests, or any other encumbrance upon the Collateral or any other property or asset of Borrower, to pay any filing, recording, or other charges payable by Borrower, or to and perform any other obligation of Borrower under this the Loan Agreement or under the Security Documents.
Appears in 1 contract
Samples: Loan Agreement (Lifevantage Corp)