Common use of Administrative Agent May Perform Clause in Contracts

Administrative Agent May Perform. If Borrower fails to perform any agreement to be performed by Borrower hereunder, the Administrative Agent (for the benefit of the Secured Parties) 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 Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Arvinmeritor Inc), Loan Agreement (Arvinmeritor Inc)

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Administrative Agent May Perform. If Borrower Debtor fails to perform any agreement to be performed by Borrower hereundercontained herein, the Administrative Agent (for the benefit of the Secured Parties) may itself perform, or cause performance of of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by BorrowerDebtor under Section 4.05.

Appears in 2 contracts

Samples: Security Agreement (Kevco Inc), Security Agreement (Xircom Inc)

Administrative Agent May Perform. If Borrower fails to perform any agreement to be performed by Borrower hereundercontained herein, the Administrative Agent (for the benefit of the Secured Parties) 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 Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Bowater Inc), Loan Agreement (Bowater Inc)

Administrative Agent May Perform. If the Borrower fails to perform any agreement to be performed by Borrower hereundercontained herein, the Administrative Agent (for the benefit of the Secured Parties) may itself perform, or cause performance of of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by Borrowerthe Borrower pursuant to Section 6.4.

Appears in 1 contract

Samples: Credit Agreement (Amc Entertainment Inc)

Administrative Agent May Perform. If Borrower Debtor fails to perform any agreement to be performed by Borrower hereundercontained herein, the Administrative Agent (for the benefit of the Secured Parties) may itself perform, or cause performance of of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by BorrowerDebtor under SECTION 12(b).

Appears in 1 contract

Samples: Credit Agreement (Sun Healthcare Group Inc)

Administrative Agent May Perform. If the Borrower fails to perform any agreement to be performed by Borrower hereundercontained herein, the Administrative Agent (for the benefit of the Secured Parties) may itself perform, or cause performance of of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by Borrowerthe Borrower pursuant to SECTION 6.4.

Appears in 1 contract

Samples: Pledge Agreement (Amc Entertainment Inc)

Administrative Agent May Perform. If Borrower Debtor fails to perform any agreement to be performed by Borrower hereundercontained herein, the Administrative Agent (for the benefit of the Secured Parties) may itself perform, or cause performance of of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by Borrower.Debtor under Section ------- 4.5. ----

Appears in 1 contract

Samples: Credit Agreement (Doskocil Manufacturing Co Inc)

Administrative Agent May Perform. If Borrower the Company fails to perform any agreement to be performed by Borrower hereundercontained herein, the Administrative Agent (for the benefit of the Secured Parties) may itself perform, or cause performance of of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by Borrowerthe Company pursuant to the terms of Section 5.05 hereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (Pmi Group Inc)

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Administrative Agent May Perform. If the Borrower fails to perform any agreement to be performed by Borrower hereundercontained herein, the Administrative Agent (for the benefit of the Secured Parties) may itself perform, or cause performance of of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by Borrowerthe Borrower under Section 12 (Expenses) hereof and constitute obligations secured hereby.

Appears in 1 contract

Samples: Security Agreement (National Steel Corp)

Administrative Agent May Perform. If the Borrower fails to perform any agreement to be performed by Borrower hereundercontained herein, the Administrative Agent (for the benefit of the Secured Parties) may itself perform, or cause performance of of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by Borrowerthe Borrower under Section 17(b).

Appears in 1 contract

Samples: Pledge Agreement (Accuride Corp)

Administrative Agent May Perform. If Borrower any Debtor fails to perform any agreement to be performed by Borrower hereundercontained herein, the Administrative Agent (for the benefit of the Secured Parties) may itself perform, or cause performance of of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by BorrowerDebtors under Section 5.07.

Appears in 1 contract

Samples: Security Agreement (Carbon Natural Gas Co)

Administrative Agent May Perform. If Borrower Debtor fails to perform any agreement to be performed by Borrower hereundercontained herein, the Administrative Agent (for the benefit of the Secured Parties) may itself perform, or cause performance of of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by BorrowerDebtor under Section 4.05 herein.

Appears in 1 contract

Samples: Security Agreement (World Access Inc /New/)

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