Common use of Expenses Incurred by Secured Party Clause in Contracts

Expenses Incurred by Secured Party. In the Secured Party’s discretion, if the Debtor fails to do so, the Secured Party may discharge taxes and other encumbrances at any time levied or placed on any of the Collateral, maintain any of the Collateral, make repairs thereto, and pay any necessary filing fees or insurance premiums. The Debtor agrees to reimburse the Secured Party on demand for all expenditures so made and such expenditures will be deemed to be Obligations secured by the Collateral. The Secured Party shall have no obligation to the Debtor to make any such expenditures, nor shall the making thereof be construed as the waiver or cure of any Event of Default. 11.2.

Expenses Incurred by Secured Party. In the Secured Party’s 's ---------------------------------- discretion, if the Debtor fails to do so, the Secured Party may discharge taxes and other encumbrances at any time levied or placed on any of the Collateral, maintain any of the Collateral, make repairs thereto, thereto and pay any necessary filing fees or insurance premiums. Any such expenditures shall become and be treated as Obligations. The Debtor agrees to reimburse the Secured Party on demand for all expenditures so made and such expenditures will be deemed to be Obligations secured by the Collateralmade. The Secured Party shall have no obligation to the Debtor to make any such expenditures, nor shall the making thereof be construed as the waiver or cure of any Event of Default. 11.2.

Expenses Incurred by Secured Party. In the Secured Party’s sole and absolute discretion, if the Debtor fails to do so, the Secured Party may discharge taxes and other encumbrances (other than Permitted Exceptions) at any time levied or placed on any of the Collateral, unless such taxes and encumbrances are being contested in good faith, maintain any of the Collateral, make repairs thereto, thereto and pay any necessary filing fees or insurance premiums. The Debtor agrees to reimburse the Secured Party on demand for all expenditures so made and such expenditures will be deemed to be Obligations secured by the Collateralmade. The Secured Party shall not have no any obligation to the Debtor to make any such expenditures, nor shall the making thereof be construed as the waiver or cure of any Default or Event of Default. 11.2.

Expenses Incurred by Secured Party. In the Secured Party’s 's reasonable discretion, if any of the Debtor fails Debtors fail to timely do soso (as required hereunder or under the Loan Documents), the Secured Party may discharge taxes and other encumbrances at any time levied or placed on any of the Collateral, maintain any of the Collateral, make repairs thereto, thereto and pay any necessary filing fees or insurance premiums. The Debtor agrees Debtors agree to reimburse the Secured Party on demand for all reasonable expenditures so made and such expenditures will be deemed to be Obligations secured by the Collateralmade. The Secured Party shall have no obligation to the Debtor Debtors or any other person to make any such expenditures, nor shall the making thereof be construed as the a waiver or cure of any Default or Event of Default. 11.2.

Expenses Incurred by Secured Party. In the Secured Party’s discretion, if the Debtor fails to do so, the Secured Party may discharge taxes and other encumbrances (other than Permitted Exceptions) at any time levied or placed on any of the Collateral, unless such taxes and encumbrances are being contested in good faith, maintain any of the Collateral, make repairs thereto, thereto and pay any necessary filing fees or insurance premiums. The Debtor agrees to reimburse the Secured Party on demand for all expenditures so made and such expenditures will be deemed to be Obligations secured by the Collateralmade. The Secured Party shall have no obligation to the Debtor to make any such expenditures, nor shall the making thereof be construed as the waiver or cure of any Default or Event of Default. 11.2.

Expenses Incurred by Secured Party. In the Secured Party’s discretion, if the Debtor fails to do so, upon giving the Debtor prior written notice thereof, the Secured Party may discharge taxes and other encumbrances at any time levied or placed on any of the Collateral, maintain any of the Collateral, make repairs thereto, thereto and pay any necessary filing fees or insurance premiums. The Debtor agrees to reimburse the Secured Party promptly on demand for all expenditures so made and such expenditures will be deemed to be Obligations secured by the Collateralmade. The Secured Party shall have no obligation to the Debtor to make any such expenditures, nor shall the making thereof be construed as the waiver or cure of any Default or Event of Default. 11.2.