Common use of Performance by Lender Clause in Contracts

Performance by Lender. If Borrowers fail to perform any agreement contained herein, Lender may, but shall not be obligated to, cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrowers pursuant to Section 9.3 below.

Appears in 2 contracts

Sources: Loan and Security Agreement (Bluegreen Corp), Loan and Security Agreement (Bluegreen Corp)

Performance by Lender. If Borrowers fail Borrower fails to perform any agreement contained herein, Lender may, but shall not be obligated to, cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrowers Borrower pursuant to Section 9.3 10.3 below.

Appears in 2 contracts

Sources: Loan and Security Agreement (Silverleaf Resorts Inc), Inventory and Development Loan and Security Agreement (Silverleaf Resorts Inc)

Performance by Lender. If Borrowers fail Borrower fails to perform any agreement --------------------- contained herein, Lender may, but shall not be obligated to, cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrowers Borrower pursuant to Section 9.3 below.

Appears in 1 contract

Sources: Loan and Security Agreement (Mego Financial Corp)

Performance by Lender. If Borrowers fail Borrower fails to perform any agreement contained herein, Lender may, but shall not be obligated to, cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrowers Borrower pursuant to Section 9.3 below.

Appears in 1 contract

Sources: Loan and Security Agreement (Bluegreen Corp)

Performance by Lender. If Borrowers fail Borrower fails to perform any agreement contained herein, Lender maymay itself perform, but shall not be obligated to, or cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrowers pursuant to Borrower under Section 9.3 10.5 below.

Appears in 1 contract

Sources: Loan and Security Agreement (Silverleaf Resorts Inc)

Performance by Lender. If Borrowers fail Borrower fails to perform any agreement --------------------- contained hereinherein or in any of the Loan Documents, Lender may, but shall not be obligated to, cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrowers Borrower pursuant to Section 9.3 10.3 below.

Appears in 1 contract

Sources: Loan and Security Agreement (Signature Resorts Inc)

Performance by Lender. If Borrowers fail Borrower fails to perform any agreement contained herein, Lender maymay itself perform, but shall not be obligated to, or cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrowers pursuant to Section 9.3 below.Borrower under Section

Appears in 1 contract

Sources: Loan and Security Agreement (Silverleaf Resorts Inc)

Performance by Lender. If Borrowers Borrower or Guarantor fail to perform any agreement contained herein, Lender may, but shall not be obligated to, cause the performance of, such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrowers Borrower pursuant to Section 9.3 SECTION 10.4 below.

Appears in 1 contract

Sources: Loan and Security Agreement (Atlantic Coast Entertainment Holdings Inc)

Performance by Lender. If Borrowers fail Borrower fails to perform any agreement contained herein, Lender may, but shall not be obligated to, cause the performance of, of such agreement, and the expenses of Lender incurred in connection therewith shall be payable by Borrowers Borrower pursuant to Section 9.3 10.3 below.

Appears in 1 contract

Sources: Inventory Loan and Security Agreement (Silverleaf Resorts Inc)