Add to Secured Indebtedness Sample Clauses

Add to Secured Indebtedness. All obligations so paid or incurred by Administrative Agent shall be reimbursed or paid for by Mortgagor upon demand and prior to the repayment thereof shall be added to the debt secured hereby and shall bear interest at the Default Rate provided for in the Guaranty or the Loan Agreement, and shall be secured hereby equally and ratably. Administrative Agent may also reimburse itself therefor from the income or receipts of the Mortgaged Property or any business conducted thereon, or from the sale of all or any portion of the Mortgaged Property. Administrative Agent may also apply toward any of the Obligations any tax or insurance reserve account, deposit or any sum credited or due from Administrative Agent to Mortgagor without first enforcing any other rights of Administrative Agent against Mortgagor or the against any endorser or guarantor of any of the Obligations or against the Mortgaged Property.

Add to Secured Indebtedness. All obligations so paid or incurred by ▇▇▇▇▇▇ shall be reimbursed or paid for by ▇▇▇▇▇▇▇▇▇ upon demand and prior to the repayment thereof shall be added to the debt secured hereby and shall bear interest at the Default Rate (as defined below), and shall be secured hereby equally and ratably. Lender may also reimburse itself therefor from the income or receipts of the Property or any business conducted thereon, or from the sale of all or any portion of the Property. Lender may also apply toward any of the Obligations any tax or insurance reserve account, deposit (but subject to the prior rights of tenants therein as to tenants’ security deposits and subject to applicable law) or any sum credited or due from Lender to Mortgagor without first enforcing any other rights of Lender against Mortgagor or against any endorser or guarantor of any of the Obligations or against the Property; or

Add to Secured Indebtedness. All obligations so paid or incurred by Agent pursuant to Section 20.3 shall be reimbursed or paid for by Mortgagor upon demand, and prior to the repayment thereof shall be added to the debt secured hereby and shall bear interest at the Default Rate, and shall be secured hereby equally and ratably. Agent may also reimburse itself therefor from the income or receipts of the Mortgaged Property or any business conducted thereon, or from the sale of all or any portion of the Mortgaged Property. Agent may also apply toward any of the Obligations any tax or insurance reserve account, deposit or any sum credited or due from Agent to Mortgagor without first enforcing any other rights of Agent against Mortgagor or against any endorser or other guarantor or against the Mortgaged Property.

Add to Secured Indebtedness. All obligations so paid or incurred by Lender shall be reimbursed or paid for by Borrower upon demand and prior to the repayment thereof shall be added to the debt secured hereby and shall bear interest at the Default Rate provided for in the Note or the Loan Agreement, and shall be secured hereby equally and ratably. Lender may also reimburse itself therefor from the income or receipts of the Mortgaged Property or any business conducted thereon, or from the sale of all or any portion of the Mortgaged Property. Lender may also apply toward any of the Obligations any tax or insurance reserve account, deposit or any sum credited or due from Lender to Borrower without first enforcing any other rights of Lender against Borrower or the against any endorser or guarantor of any of the Obligations or against the Mortgaged Property.

Add to Secured Indebtedness. All obligations so paid or incurred by Lender pursuant to this Section 20 shall be reimbursed or paid for by Borrower within ten (10) Business Days after Borrower's receipt of an invoice for the costs of the obligations so paid or incurred by Lender and prior to the repayment thereof shall be added to the debt secured hereby and shall bear interest at the Default Rate provided for in the Note or the Loan Agreement commencing on the date immediately following the expiration of such ten (10) Business Day period, and shall be secured hereby equally and ratably. Lender may also reimburse itself therefor from the income or receipts of the Mortgaged Property or any business conducted thereon, or from the sale of all or any portion of the Mortgaged Property. Lender may also apply toward any of the Obligations any tax or insurance reserve account, deposit or any sum credited or due from Lender to Borrower without first enforcing any other rights of Lender against Borrower or against any endorser or guarantor of any of the Obligations or against the Mortgaged Property.