Common use of Lender May Perform Clause in Contracts

Lender May Perform. If any Grantor fails to perform any agreement contained herein, upon 5 days after the earlier to occur of (i) notice thereof given to any such Grantor by the Lender or (ii) the date on which such Grantor has knowledge of such failure, the Lender may itself perform, or cause performance of, such agreement, that the Lender deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein to the extent provided for herein, and the expenses of the Lender incurred in connection therewith shall be payable by such Grantor pursuant to Section 10.3 of the Credit Agreement.

Appears in 9 contracts

Samples: Credit Agreement (Natera, Inc.), Pledge and Security Agreement (Natera, Inc.), Credit Agreement (Natera, Inc.)

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