PERFORMANCE OF DEBTOR'S OBLIGATIONS. Upon Debtor’s failure to perform any of its duties hereunder, Secured Party may, but it shall not be obligated to, perform any of such duties and Debtor shall forthwith upon demand reimburse Secured Party for any expenses incurred by Secured Party in so doing. All such sums advanced by the Secured Party shall be deemed obligations of the Debtor secured hereby.
Appears in 2 contracts
Sources: Security Agreement (Widepoint Corp), Security Agreement (Red Mile Entertainment Inc)