Expenses Incurred by Secured Creditors. If Pledgor fail to perform or comply with any of its agreements or covenants contained in this Agreement, and Secured Creditors performs or complies, or otherwise causes performance or compliance, with such agreement or covenant in accordance with the terms of this Agreement, then the reasonable expenses of Secured Creditors incurred in connection with such performance or compliance will be payable by Pledgor to the Secured Creditors on demand and will constitute Obligations secured by this Agreement.
Expenses Incurred by Secured Party. If Pledgor fail to perform or comply with any of its agreements or covenants contained in this Agreement, and Secured Party performs or complies, or otherwise causes performance or compliance, with such agreement or covenant in accordance with the terms of this Agreement, then the reasonable expenses of Secured Party incurred in connection with such performance or compliance will be payable by Pledgor to the Secured Parties on demand and will constitute Obligations secured by this Agreement.
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