Common use of Administrative Agent May Perform Clause in Contracts

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.

Appears in 9 contracts

Samples: Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.)

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Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance after providing notice to such Grantor of its intent to do so, but without any Event of Defaultobligation to do so, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to under Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein17.

Appears in 7 contracts

Samples: Security Agreement, Credit Agreement, Security Agreement (Syniverse Holdings Inc)

Administrative Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such the Grantor pursuant to Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein6.2.

Appears in 7 contracts

Samples: Security Agreement (Dri I Inc), Borrower Security Agreement (Key Components LLC), Patent Security Agreement (Dri I Inc)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, agreement and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest thereinGrantor.

Appears in 7 contracts

Samples: Pledge Agreement, Pledge Agreement (CatchMark Timber Trust, Inc.), Pledge Agreement (CatchMark Timber Trust, Inc.)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest thereinGrantor.

Appears in 7 contracts

Samples: Security Agreement (CatchMark Timber Trust, Inc.), Security Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (Applied Medical Corp)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, herein the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.

Appears in 5 contracts

Samples: Credit Agreement (Hi-Crush Partners LP), Credit Agreement (Hi-Crush Partners LP), Guaranty Agreement (Hi-Crush Partners LP)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of but without any Event of Defaultobligation to do so and without notice, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to under Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein24.

Appears in 5 contracts

Samples: Security Agreement (Grubb & Ellis Co), Security Agreement (Grubb & Ellis Co), Security Agreement (Grubb & Ellis Co)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of but without any Event of Defaultobligation to do so and without notice, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to under Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein25.

Appears in 4 contracts

Samples: Credit Agreement (Alliant Techsystems Inc), Credit Agreement (Alliant Techsystems Inc), Credit Agreement (Alliant Techsystems Inc)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of but without any Event of Defaultobligation to do so and without notice, itself perform, or cause performance of, such agreement, and the reasonable out-of-pocket expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to under Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein16.

Appears in 4 contracts

Samples: Security Agreement (LEM America, Inc), Security Agreement (Refco Inc.), Security Agreement (Refco Information Services, LLC)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of but without any Event of Defaultobligation to do so and without notice, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to under Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein17.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Sandridge Energy Inc), Security Agreement (Michael Foods Group, Inc.), Security Agreement (Nortek Inc)

Administrative Agent May Perform. If any Grantor of the Grantors fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable payable, jointly and severally, by such Grantor pursuant to Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest thereinGrantors.

Appears in 3 contracts

Samples: Fourth Amended And (Oxford Industries Inc), Pledge and Security Agreement (Oxford Industries Inc), Pledge and Security Agreement (Oxford Industries Inc)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent mayAgent, during on behalf of the continuance of any Event of DefaultSecured Parties, may (but shall not be obligated to) itself perform, or cause performance of, such agreement, that the Administrative Agent deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein to the extent provided for herein, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 10.3 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest thereinAgreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (MDxHealth SA), Pledge and Security Agreement (AVITA Medical, Inc.)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, herein the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.

Appears in 2 contracts

Samples: Credit Agreement (Aly Energy Services, Inc.), Credit Agreement (Aly Energy Services, Inc.)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during without further order of or application to the continuance of any Event of DefaultBankruptcy Court, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein6.3.

Appears in 2 contracts

Samples: Security Agreement (Sterling Chemical Inc), Security Agreement (Sterling Chemical Inc)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 6.4 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Flotek Industries Inc/Cn/), Pledge and Security Agreement (Flotek Industries Inc/Cn/)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 6.5 hereof and Section 9.1 10.3 of the First Lien Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.

Appears in 2 contracts

Samples: First Lien Pledge and Security Agreement, Assumption Agreement (Energy XXI Gulf Coast, Inc.)

Administrative Agent May Perform. If any the Grantor fails to perform any agreement contained herein, upon the Administrative Agent may, occurrence and during the continuance of any Event of Default, the Administrative Agent may itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such the Grantor pursuant to Section 6.3 hereof and Section 9.1 4.7 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest thereinAgreement.

Appears in 1 contract

Samples: Borrower Pledge and Security Agreement (Reddy Ice Holdings Inc)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 of the Credit Agreement and the . The Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary or appropriate, in the Administrative Agent’s reasonable opinion, for the maintenance, preservation or protection of any of the Collateral or of its security interest interests therein.

Appears in 1 contract

Samples: Pledge Agreement (CatchMark Timber Trust, Inc.)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 10.3 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest thereinAgreement.

Appears in 1 contract

Samples: Credit Agreement (Hecla Mining Co/De/)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during after providing notice to such Grantor of its intent to do so (provided that, in the continuance case of any an Event of DefaultDefault pursuant to Sections 8.01(f) or (g) of the Credit Agreement, such notice shall have automatically been deemed to have been given), but without any obligation to do so, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to under Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein16.

Appears in 1 contract

Samples: Security Agreement (Keyw Holding Corp)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance after providing notice to such Grantor of its intent to do so, but without any Event of Defaultobligation to do so and without notice, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to under Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein17.

Appears in 1 contract

Samples: Security Agreement (Solgar)

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Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during may as the continuance of Administrative Agent deems necessary but without any Event of Defaultobligation to do so and without notice, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to under Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein21(b).

Appears in 1 contract

Samples: Security Agreement (Accuride Corp)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, following the expiration of any applicable grace or cure period, the Administrative Agent may, may during the continuance of any Event of Default, Default itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 9.01 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.

Appears in 1 contract

Samples: Pledge and Security Agreement (Penn Virginia Corp)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, upon the Administrative Agent may, occurrence and during the continuance of any Event of Default, the Administrative Agent may itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 10.3 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest thereinAgreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Reddy Ice Holdings Inc)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 6.4 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.. Exhibit G – Form of Pledge and Security Agreement

Appears in 1 contract

Samples: Credit Agreement (Flotek Industries Inc/Cn/)

Administrative Agent May Perform. If any a Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, and the reasonable, out of pocket expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 6.5 hereof and Section 9.1 12.03 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.

Appears in 1 contract

Samples: Credit Agreement (Constellation Energy Partners LLC)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 9.4 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.

Appears in 1 contract

Samples: Pledge and Security Agreement (NOW Inc.)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, but without any obligation to do so and with prior notice (no such notice being required upon the occurrence and during the continuance of any an Event of DefaultDefault or Default of the nature set forth in Section 8.1.1 or 8.1.9 of the Credit Agreement), itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to under Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein24.

Appears in 1 contract

Samples: Pledge and Security Agreement (Marvel Enterprises Inc)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, upon the occurrence and during the continuance of any a Default or an Event of Default, take such action as the Administrative Agent reasonably deems necessary to protect the security interest granted hereunder in the Collateral or to protect the value thereof, but without any obligation to do so and without notice, itself perform, or cause performance of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to under Section 6.3 hereof and 15. Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein13.

Appears in 1 contract

Samples: Credit Agreement (Macdermid Inc)

Administrative Agent May Perform. If Upon the occurrence and during the continuance of a Default or an Event of Default, if any Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, may (but shall not be obligated to) itself perform, or cause performance of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable payable, jointly and severally, by such Grantor pursuant to Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest thereinGrantors.

Appears in 1 contract

Samples: Patent Security Agreement (CPM Holdings, Inc.)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent mayAgent, during on behalf of the continuance of any Event of Default, Secured Parties may (but shall not be obligated to) itself perform, or cause performance of, such agreement, that the Administrative Agent deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein to the extent provided for herein, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 10.3 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest thereinAgreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Verrica Pharmaceuticals Inc.)

Administrative Agent May Perform. If any Upon the occurrence and during the continuance of an Event of Default, if Grantor fails to perform any agreement contained herein, the Administrative Agent may, during the continuance of any Event of Default, may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 part of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest thereinObligations.

Appears in 1 contract

Samples: Escrow Agreement (Ormat Technologies, Inc.)

Administrative Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Administrative Agent may, upon the occurrence and during the continuance of any an Event of Default, but without any obligation to do so and without notice, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to under Section 6.3 hereof and Section 9.1 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest therein16.

Appears in 1 contract

Samples: Credit Agreement (Choice Hotels International Inc /De)

Administrative Agent May Perform. If any Grantor fails to perform any agreement obligation contained herein, the Administrative Agent may, during the continuance of any Event of Defaultafter prior written notice to such Grantor, itself perform, or cause performance of, such agreement, and the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.3 hereof and Section 9.1 10.04 of the Credit Agreement and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary for the maintenance, preservation or protection of any of the Collateral or of its security interest thereinAgreement.

Appears in 1 contract

Samples: Security Agreement (Asyst Technologies Inc)

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