Common use of Administrative Agent May Perform Clause in Contracts

Administrative Agent May Perform. If any Obligor fails to perform any agreement contained herein, the Administrative Agent may, but without any obligation to do so and without notice, itself perform, or cause the performance of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by such Obligor.

Appears in 4 contracts

Samples: Guarantee and Security Agreement (KKR & Co. Inc.), Guarantee and Security Agreement (KKR & Co. Inc.), Guarantee and Security Agreement (KKR & Co. Inc.)

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Administrative Agent May Perform. If any Obligor Company fails to perform any agreement contained herein, the Administrative Agent may, but without any obligation to do so and without notice, may itself perform, or cause the performance of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by such ObligorCompany.

Appears in 3 contracts

Samples: Credit Agreement (Genzyme Corp), Credit Agreement (Genzyme Corp), Credit Agreement (Genzyme Corp)

Administrative Agent May Perform. If any Obligor fails to perform any agreement contained herein, the Administrative Agent may, but without any obligation to do so and without notice, itself perform, or cause the performance of, such agreement, and the Form of Guarantee and Security Agreement reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by such Obligor.

Appears in 1 contract

Samples: Guarantee and Security Agreement (KKR & Co. L.P.)

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Administrative Agent May Perform. If any Obligor fails to perform any agreement contained herein, the Administrative Agent may, but without any obligation to do so and without notice, itself perform, or cause the performance of, such agreement, and the reasonable expenses of the Administrative Agent incurred in connection therewith shall be payable by such Obligor.the

Appears in 1 contract

Samples: Day Revolving Credit Agreement (KKR & Co. Inc.)

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