Common use of Right to Perform Trustor’s Covenants Clause in Contracts

Right to Perform Trustor’s Covenants. If Trustor has failed to keep or perform any covenant whatsoever contained in this Deed of Trust or the other Loan Documents, Beneficiary may, but shall not be obligated to any person to do so, perform or attempt to perform said covenant. Any payment made or expense incurred in the performance or attempted performance of any such covenant, together with any sum expended by Beneficiary that is chargeable to Trustor or subject to reimbursement by Trustor under the Loan Documents, shall be and become a part of the indebtedness, and Trustor promises, upon demand, to pay to Beneficiary, for the benefit of the Lenders, at the place where the Notes are payable, all sums so incurred, paid or expended by Beneficiary, with interest from the date when paid, incurred or expended by Beneficiary at the Default Rate set forth in Section 2.10(a) of the Credit Agreement.

Right to Perform Trustor’s Covenants. If Trustor has failed to keep or perform any covenant whatsoever contained in this Deed of Trust or the other Loan Documents, Beneficiary may, but shall not be obligated to any person to do so, perform or attempt to perform said covenant. Any ; and any payment made or expense incurred in the performance or attempted performance of any such covenant, together with any sum expended by Beneficiary that is chargeable to Trustor or subject to reimbursement by Trustor under the Loan Documents, shall be and become a part of the indebtednessDebt, and Trustor promises, upon demand, to pay to Beneficiary, for the benefit of the Lenders, at the place where the Notes are Note is payable, all sums so incurred, paid or expended by Beneficiary, with interest from the date when paid, incurred or expended by Beneficiary at the Default Rate set forth (as defined in Section 2.10(a) of the Credit AgreementNote).

Right to Perform Trustor’s Covenants. If Trustor has ------------------------------------ failed to keep or perform any covenant whatsoever contained in this Deed of Trust or the other Loan Documents, Beneficiary may, but shall not be obligated to any person to do so, perform or attempt to perform said covenant. Any ; and any payment made or expense incurred in the performance or attempted performance of any such covenant, together with any sum expended by Beneficiary that is chargeable to Trustor or subject to reimbursement by Trustor under the Loan Documents, shall be and become a part of the indebtednessDebt, and Trustor promises, upon demand, to pay to Beneficiary, for the benefit of the Lenders, at the place where the Notes are Note is payable, all sums so incurred, paid or expended by Beneficiary, with interest from the date when paid, incurred or expended by Beneficiary at the Default Rate set forth (as defined in Section 2.10(a) of the Credit AgreementNote).