Reimbursement for Capital Expenses. Upon the demand of Capital, Borrower shall immediately reimburse Capital for all sums expended by Capital which constitute Capital Expenses, and Borrower hereby authorizes and approves all advances and payments by Capital for items constituting Capital Expenses.
Appears in 3 contracts
Samples: Loan and Security Agreement (Enetpc Inc), Loan and Security Agreement (Swisher International Inc), Loan and Security Agreement (Stratus Services Group Inc)
Reimbursement for Capital Expenses. Upon the demand of Capital, Borrower shall immediately reimburse Capital for all sums reasonably incurred and expended by Capital which constitute Capital Expenses, and Borrower hereby authorizes and approves all advances and payments by Capital for items constituting such Capital Expenses.
Appears in 2 contracts
Samples: Loan and Security Agreement (Celtic Investment Inc), Loan and Security Agreement (Celtic Investment Inc)
Reimbursement for Capital Expenses. Upon the demand of Capital, Borrower shall immediately reimburse Capital for all reasonable sums expended by Capital which constitute Capital Expenses, and Borrower hereby authorizes and approves all advances and reasonable payments by Capital for items constituting Capital Expenses.
Appears in 1 contract
Samples: Loan and Security Agreement (First Choice Healthcare Solutions, Inc.)
