Performance by Mortgagee. If Mortgagor fails to repair or insure the Mortgaged Property as required hereby, to deliver the insurance policy(ies) (or certificates therefor together with copies thereof) with premiums paid as herein agreed, to pay as they become due and payable the taxes, assessments or charges which may be assessed or imposed with respect to the Mortgaged Property (or any part thereof), to satisfy the liens or claims which may accrue on or with respect to the Mortgaged Property (or any part thereof), or to perform any other obligations of Mortgagor under this Mortgage and such failure continues for 30 days (or, in the case of any failure involving insurance, 3 days) after notification thereof by Mortgagee to Mortgagor, Mortgagee may, at its election (but without any obligation), repair the Mortgaged Property, insure the Mortgaged Property and pay the aforesaid taxes, charges, liens and claims (or any part thereof) or perform any other obligations of Mortgagor under this Mortgage without waiving its right of foreclosure or any other right hereunder and without the necessity of notice to or demand of Mortgagor. Mortgagor shall reimburse immediately to Mortgagee on demand the sum or sums so paid, with interest thereon at the Note Rate, and any and all reasonable costs, charges, abstract fees, attorneys' fees and expenses, and other expenses incurred in attempting to collect the same or enforce payment thereof, and any such sum or sums so paid shall become a part of the indebtedness secured hereby.
Performance by Mortgagee. At any time during the Term that a Mortgage is in effect, the Mortgagee may make any payment or perform any act required under this Lease to be made or performed by Ingevity with the same effect as if made or performed by Ingevity.
Performance by Mortgagee. The Mortgagee shall have the right to do any act or thing required of the encumbering Co-Tenant under this Agreement, and any such act or thing performed by the Mortgagee shall be as effective to prevent a default under this Agreement and/or a forfeiture of any of such Co-Tenant's rights under this Agreement as if done by the Co-Tenant itself, provided that the Mortgagee shall have first given the Co-Tenant such notice and allowed the Co-Tenant to perform or attempt to perform such act or thing for such period of time as may be specified in any documents or instruments executed by the Co-Tenant for the benefit of the Mortgagee.
Performance by Mortgagee. All sums duly paid by Mortgagee or any Holder in connection with the payment or performance of any act performed by Mortgagee in connection with the Mortgaged Property shall be paid by Grantor to Mortgagee in accordance with the Transaction Documents, as applicable, and, if such payment by Mortgagee or any Holder occurs after the applicable grace or cure period, then such payment shall be with interest, payable from and including the date of disbursement or advance, to and including the date of payment calculated at the Additional Interest Rate (as hereinafter defined), and the same shall be deemed to be secured by this Shore Mortgage and shall be a lien on the Mortgaged Property prior to any right, title to, interest in or claim upon the Mortgaged Property attaching subsequent to the attachment of the lien of this Shore Mortgage. For the purpose of so curing any such default, Mortgagee may after any applicable cure period (but shall be under no obligation to) do any act or execute any document necessary or desirable for such purpose in the name of Grantor, and Grantor irrevocably appoints Mortgagee as its true and lawful attorney-in-fact, which appointment is coupled with an interest and is unconditional and irrevocable, for such purposes.
Performance by Mortgagee. The Mortgagee shall have the right to do any act or thing required of Grantee under this Agreement, and any such act or thing performed by the Mortgagee shall be as effective to prevent and/or cure a default under this Agreement and/or prevent a forfeiture of any of Grantee's rights under this Agreement as if done by the Grantee itself.
Performance by Mortgagee. If an Event of Default shall occur and be continuing with respect to the obligations of Mortgagor in the payment of any taxes or assessments or in making repairs or replacements or in procuring and maintaining insurance and paying the premiums therefor, or in keeping or performing any other covenant, term or condition hereof, Mortgagee may, at its option and without any obligation on its part so to do, pay the taxes and assessments, make such repairs and replacements, effect such insurance, pay the premiums, and perform any other covenant, term or condition of Mortgagor herein. All amounts expended by Mortgagee hereunder shall be secured hereby and shall be due and payable by Mortgagor to Mortgagee forthwith on demand, with interest thereon at the rate at which interest accrues in the Notes on amounts after the same become due.
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Performance by Mortgagee. Should Mortgagor fail to make any payment or perform any act which it is obligated to make or perform hereunder or under the Credit Agreement, then Mortgagee, without giving notice to Mortgagor, or any successor in interest of Mortgagor, and without releasing Mortgagor from any obligation hereunder, may make such payment or perform such act and incur any liability, or expend whatever amounts, in its discretion, it may deem necessary therefor. All sums incurred or expended by Mortgagee, under the terms of this Section, shall become due and payable by Mortgagor to the Mortgagee, on the next interest or installment payment date under any of the promissory notes secured hereby and shall bear interest until paid at an annual percentage rate equal to the Default Rate expressed in the Credit Agreement. In no event shall such payment or performance of any such act by Mortgagee be construed as a waiver of the default occasioned by Mortgagor's failure to make such payment(s) or perform such act(s).
Performance by Mortgagee. Upon the occurrence of an Event of Default in the payment, performance or observance of any term, covenant or condition of this Mortgage, Mortgagee may, at its option, pay, perform or observe the same, and all payments made or costs or expenses incurred by Mortgagee in connection therewith, with interest thereon at the Default Rate or at the maximum rate from time to time allowed by applicable law, whichever is less, shall be secured hereby and shall be, without demand, immediately repaid by Mortgagor to Mortgagee. Mortgagee shall be the sole judge of the necessity for any such actions and of the amounts to be paid. Mortgagee is hereby empowered to enter and to authorize others to enter upon the Collateral or any part thereof for the purpose of performing or observing any such defaulted term, covenant or condition without thereby becoming liable to Mortgagor or any person in possession holding under Mortgagor absent Mortgagee's gross negligence or wilful misconduct. Notwithstanding anything to the contrary herein, Mortgagee shall have no obligation, explicit or implied to pay, perform, or observe any term, covenant, or condition.
Performance by Mortgagee. If Mortgagor fails to procure any of the Insurance Policies, or if any renewal policy is not delivered to Mortgagee as
