Common use of Performance by Lender Clause in Contracts

Performance by Lender. If any Obligor fails to perform any agreement or obligation provided for in any Loan Document, Lender may itself perform, or cause performance of, such agreement or obligation, and the expenses of Lender incurred in connection therewith shall be a part of the Indebtedness, secured by the Collateral and payable by Debtor on demand.

Appears in 7 contracts

Samples: Loan and Security Agreement (Legacy Housing Corp), Loan and Security Agreement (Legacy Housing Corp), Loan and Security Agreement (Blue Dolphin Energy Co)

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Performance by Lender. If any Obligor Debtor fails to perform any agreement or obligation provided for in any Loan Document, Lender may itself perform, or cause performance of, such agreement or obligation, and the expenses of Lender incurred in connection therewith shall be a part of the Indebtedness, secured by the Collateral and payable by Debtor on demand.

Appears in 6 contracts

Samples: Loan and Security Agreement (Dawson Geophysical Co), Loan and Security Agreement (Community Choice Financial Inc.), Loan and Security Agreement (CCF Holdings LLC)

Performance by Lender. If any Obligor fails to perform any agreement or obligation provided for in any Loan Document, Lender may may, upon prior written notice to Debtor, itself perform, or cause performance of, such agreement or obligation, and the reasonable out-of-pocket and documented expenses of Lender incurred in connection therewith shall be a part of the Indebtedness, secured by the Collateral and payable by Debtor on demand.

Appears in 1 contract

Samples: Loan and Security Agreement (Teletouch Communications Inc)

Performance by Lender. If any Obligor fails to perform any agreement or obligation provided for in any Loan Document, Lender may itself perform, or cause performance of, such agreement or obligation, and the expenses of Lender incurred in connection therewith shall be a part of the Indebtedness, secured by the Collateral and payable by Debtor on demand.. PLAINSCAPITAL BANK – AVATAR SYSTEMS, INC. LOAN AND SECURITY AGREEMENT - PAGE 22

Appears in 1 contract

Samples: Loan and Security Agreement (Avatar Systems Inc)

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Performance by Lender. If any Obligor fails to perform any agreement or obligation provided for in any Loan Document, Lender may itself perform, or cause performance of, such agreement or obligation, and the expenses of Lender incurred in connection therewith shall be a part of the Indebtedness, secured by the Collateral and payable by Debtor WV-Debtors-in-Possession on demand.

Appears in 1 contract

Samples: And Security Agreement

Performance by Lender. If any Obligor Debtor fails to perform any agreement or obligation provided for in any Loan Document, Lender may itself perform, or cause performance of, such agreement or obligation, and the expenses of Lender incurred in connection therewith shall be a part of the Indebtedness, secured by the Collateral and payable by Debtor on demand.. LOAN AND SECURITY AGREEMENT – PAGE 11 REDPOINT CAPITAL ASSET FUNDING, LLC – EFR 2016-2, LLC

Appears in 1 contract

Samples: Loan and Security Agreement (Enova International, Inc.)

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