Performance by Lender of Borrower's Obligations. If the Borrower fails to perform or comply with any of its agreements contained in the Loan Documents and the Lender may itself perform or comply, or otherwise cause performance or compliance, with such agreement, the expenses of the Lender incurred in connection with such performance or compliance, together with interest thereon at a rate per annum equal to the Post-Default Rate, shall be payable by the Borrower to the Lender on demand and shall constitute Secured Obligations.
Performance by Lender of Borrower's Obligations. If a Borrower fails to perform or comply with any of its agreements contained in the Loan Documents and the Lender may itself perform or comply, or otherwise cause performance or compliance, with such agreement, the expenses of the Lender incurred in connection with such performance or compliance, together with interest thereon at a rate per annum equal to the Default Rate, shall be payable by the applicable Borrowers to the Lender on demand and shall constitute Secured Obligations.
Performance by Lender of Borrower's Obligations. If the Borrower fails to perform or comply with any of its agreements contained herein and the Lender, as provided for by the terms of this Security Agreement, shall perform or comply, or otherwise cause performance or compliance, with such agreement, the expenses of the Lender incurred in connection with such performance or compliance, together with interest thereon at a rate per annum equal to the Stipulated Interest Rate shall be payable by the Borrower to the Lender on demand and shall constitute obligations secured hereby.
Performance by Lender of Borrower's Obligations. If the Borrower fails to perform or comply with any of its agreements contained in this Article IV, the Lender, at its option, but without any obligation so to do, may perform or comply, or otherwise cause performance or compliance, with such agreement.
Performance by Lender of Borrower's Obligations. If Borrower fails to perform or comply with any of its agreements contained herein and Lender, as provided for by the terms of this Agreement, shall perform or comply, or otherwise cause performance or compliance, with such agreements, the reasonable expenses of Lender incurred in connection with such performance or compliance, together with interest thereon at a rate per annum equal to the default rate applicable to the Loan as set forth in this Agreement, shall be payable by Borrower to Lender on demand, and Borrower's obligations to make such payments shall constitute Obligations secured hereby.
Performance by Lender of Borrower's Obligations. If Borrower fails to perform or comply with any of its material agreements contained in the Loan Documents and Lender may itself perform or comply, or otherwise cause performance or compliance, with such agreement, the reasonable out-of-pocket expenses of Lender incurred in connection with such performance or compliance, together with interest thereon at a rate per annum equal to the Default Rate, shall be payable by Borrower to Lender on demand and shall constitute Secured Obligations.
Performance by Lender of Borrower's Obligations. If the Borrower fails to perform or comply with any of its agreements contained herein, the Lender, at its option, but without any obligation so to do, may perform or comply, or otherwise cause performance or compliance, with such agreement.
Performance by Lender of Borrower's Obligations. If Borrower fails to perform or comply with any of its agreements contained in the Loan Documents after the giving of any required notice and the expiration of any applicable cure period and Lender may itself perform or comply, or otherwise cause performance or compliance, with such agreement, the out-of-pocket expenses of Lender actually incurred in connection with such performance or compliance, together with interest thereon at a rate per annum equal to the Default Rate, shall be payable by Borrower to Lender on demand and shall constitute Secured Obligations.
Performance by Lender of Borrower's Obligations. If the Borrower fails to perform or comply with any of its agreements contained in the Loan Documents, the Lender may itself perform or comply, or otherwise cause performance or compliance, with such agreement, and the expenses of the Lender incurred in connection with such performance or compliance, together with interest thereon at a rate per annum equal to the Post-Default Rate, shall be payable by the Borrower to the Lender on demand and shall constitute DIP Obligations. The Lender shall use its reasonable efforts to give the Borrower prior notice (but in any event prompt notice) of any actions taken pursuant to this Section 4.05.
Performance by Lender of Borrower's Obligations. In the event that Borrower fails to perform or comply with any of its agreements or covenants contained in this Agreement Lender, in its sole discretion and without notice to or consent by Borrower, may perform or comply or cause performance or compliance therewith and the costs and expenses of Lender reasonably incurred in connection with such performance or compliance shall be jointly and severally payable by Borrower to Lender on demand and shall bear interest at the Default Rate from the date of expenditure by Lender until paid by Borrower. The amount of such costs and expenses and all interest thereon shall be Liabilities secured by the security interest granted pursuant to Section 9.1 of this Agreement.
