DEFAULT IN PAYMENT OF EXPENSES. In addition to and not in derogation of the other provisions of this Agreement if the Borrower shall fail or refuse to pay any insurance premia legal fees stamp duty travelling expenses and other costs charges and expenses which the Borrower is liable to pay under any provisions of this Agreement or the Security Documents the Lender may at its discretion pay the same (but shall not be under any obligation to do so) and if such payment is made by the Lender the Borrower shall forthwith on demand repay the same to the Lender together with interest at the Default Interest Rate calculated from the date of payment thereof by the Lender up to the date of repayment by the Borrower, and until so repaid shall be included in and secured by the Mortgage.
DEFAULT IN PAYMENT OF EXPENSES. In addition to and not in derogation of the other provisions of this Assignment if the Assignor shall fail or refuse to pay any insurance premia, legal fees, stamp duty, governmental or statutory levies and taxes, and other costs, charges, disbursements and expenses which the Assignor is liable to pay under the provisions of this Assignment, the Bank may at its discretion pay the same (but shall not be under any obligation to do so) and if such payment is made by the Bank, the Assignor shall forthwith on demand repay the same to the Bank together with interest thereon at the rate per annum of the prevailing prime lending rate of the Bank plus four percent (4%) or such other rate(s) as may be prescribed by the Bank from time to time (with such periodic rests as the Bank may decide), calculated from the date of payment thereof by the Bank up to the date of repayment by the Assignor and until repayment, shall be a charge on the Assigned Property in addition to the other moneys hereby secured.
DEFAULT IN PAYMENT OF EXPENSES. In addition to and not in derogation of the other provisions of this Agreement if the Mortgagor and/or the Borrower shall fail or refuse to pay any insurance premia legal fees stamp duty travelling expenses and other costs charges and expenses which the Mortgagor and/or the Borrower is liable to pay under any provisions of this Agreement or the Security Documents the Lender may at its discretion pay the same (but shall not be under any obligation to do so) and if such payment is made by the Lender the Mortgagor and the Borrower shall forthwith on demand repay the same to the Lender together with interest at the Default Interest Rate calculated from the date of payment thereof by the Lender up to the date of repayment by the Mortgagor and the Borrower, and until so repaid shall be included in and secured by the Mortgage.
DEFAULT IN PAYMENT OF EXPENSES. 33.1 SIF shall have the right at any time and from time to time to debit the account or accounts of the Borrower with SIF in payment of interest, commission, charges, fees and all other monies payable by the Borrower arising from the Facilities or other facilities granted by SIF to the Borrower from time to time.
DEFAULT IN PAYMENT OF EXPENSES. In addition to and not in derogation of the other provisions of the Facility Documents, if the Borrower shall fail or refuse to pay any insurance premia legal fees stamp duties valuation fees travelling expenses governmental or statutory levies and taxes and other costs charges or expenses which the Borrower is liable or covenants to pay under any of the provisions of this Debenture, the Bank may at its discretion pay the same (but shall not be under any obligation to do so) and all moneys so paid by the Bank together with interest thereon at the Default Rate or at such other rate as may be stated in the Facility Letter or as may be notified to the Borrower and calculated with such periodic rests as the Bank may decide, shall on demand be repaid to the Bank by the Borrower and until repayment shall be secured by this Debenture, such interest to be calculated from the date of payment made by the Bank until its repayment and compounded monthly.
DEFAULT IN PAYMENT OF EXPENSES. In addition to and not in derogation of the other provisions of this Agreement, if the Borrower shall fail or refuse to pay any legal fees tax stamp duty and other costs charges and expenses which the Borrower is liable to pay under any provisions of this Agreement, the Lender may at its discretion pay the same (but shall not be under any obligations to do so) and if such payment is made by the Lender the Borrower shall forthwith on demand repay the same to the Lender together with interest thereon at the Default Interest Rate, such interest to be calculated from day to day with monthly rests from the date of payment by the Lender up to the date of repayment by the Borrower.
DEFAULT IN PAYMENT OF EXPENSES. In addition to and not in derogation of the other provisions of this Assignment, if the Assignor shall fail or refuse to pay any legal fees, stamp duty, governmental or statutory levies and taxes and other costs, charges, disbursements and expenses which the Assignor is liable or covenants to pay under any provisions of this Assignment, the Bank may in its absolute discretion pay the same (but shall not be under any obligation to do so) and all moneys so paid by the Bank together with interest thereon at the rate per annum exceeding by four per cent (4%) the prevailing prime lending rate of the Bank or such other rate(s) as the Bank may determine from time to time and calculated with such periodic rests as the Bank may decide, shall on demand be repaid to the Bank by the Assignor and until repayment, shall be a charge on the Assigned Property in addition to the other moneys hereby secured.
DEFAULT IN PAYMENT OF EXPENSES. In addition to and not in derogation of the other provisions of this Agreement, if the Borrower shall fail or refuse to pay any insurance premia, legal fees, stamp duty, travelling expenses and other commission, costs, fees, charges and expenses which the Borrower is liable to pay under any provision of the Facility Documents the Lender may at its discretion after giving not less than three (3) days' notice to the Borrower (such notice will not be required for any payment of insurance, stamp duty, taxes and JTC's and any governmental authority's costs, charges and expenses) pay the same (but shall not be under any obligation to do so) and if such payment is made by the Lender the Borrower shall forthwith on demand repay the same to the Lender together with interest thereon at the applicable Default Interest Rate or such other rate as may be prescribed from time to time by the Lender calculated from the date of payment thereof up to the date of repayment (as well after as before judgment), and until so repaid shall be subject to and secured by this Agreement and the Securities held by the Lender.
DEFAULT IN PAYMENT OF EXPENSES. 16 24 NOTICES ............................................................... 16
DEFAULT IN PAYMENT OF EXPENSES. In addition to and not in derogation of the other provisions of this Agreement, if the Borrower shall fail or refuse to pay any legal fees, costs, charges and expenses which the Borrower is liable to pay hereunder, the Agent may at its discretion pay the same (but shall not be under any obligation to do so) and all moneys so paid by the Agent together with Default Interest shall on demand be repaid to the Agent by the Borrower and until repayment shall be added to the Total Indebtedness.
