Common use of Agent May Perform Clause in Contracts

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 73 contracts

Samples: Guaranty and Security Agreement (FTS International, Inc.), Guaranty and Security Agreement, Guaranty and Security Agreement

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Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by GrantorsGrantors in accordance with the terms of the Credit Agreement.

Appears in 20 contracts

Samples: Guaranty and Security Agreement (CPI Card Group Inc.), Security Agreement (FiscalNote Holdings, Inc.), Guaranty and Security Agreement (Independence Contract Drilling, Inc.)

Agent May Perform. If any Grantor of Grantors fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 15 contracts

Samples: Security Agreement (Silicon Graphics Inc), Security Agreement (Bookham, Inc.), Security Agreement (Oasis Interval Ownership, LLC)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, payable by GrantorsGrantor pursuant to Section 6.3.

Appears in 6 contracts

Samples: Security Agreement (Lancer Corp /Tx/), Security Agreement (Packaged Ice Inc), Security Agreement (Lancer Corp /Tx/)

Agent May Perform. If any Grantor fails to perform any agreement contained hereinherein resulting in an Event of Default, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 5 contracts

Samples: Term Loan Credit Agreement, Term Loan Credit Agreement, Term Loan Credit Agreement (OCI Partners LP)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor pursuant to Section 6.2.

Appears in 5 contracts

Samples: Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc), Assignment and Security Agreement (Calpine Corp)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor under Section l7(b).

Appears in 5 contracts

Samples: Security and Pledge Agreement (Nextera Enterprises Inc), Security and Pledge Agreement (Nextera Enterprises Inc), Security and Pledge Agreement (Nextera Enterprises Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith (as to which invoices have been furnished) shall be payable, jointly and severally, payable by Grantorsthe Grantors under Section 16(b).

Appears in 5 contracts

Samples: Revolving Credit and Guaranty Agreement (Kasper a S L LTD), Revolving Credit and Guaranty Agreement (Genesis Health Ventures Inc /Pa), Revolving Credit and Guaranty Agreement (Multicare Companies Inc)

Agent May Perform. If any Grantor of the Grantors fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 5 contracts

Samples: Security Agreement (Servicesource International LLC), Security Agreement (Servicesource International LLC), Security Agreement (Ascendia Brands, Inc.)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may may, as the Agent 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 Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorssuch Grantor under Section 17(b).

Appears in 4 contracts

Samples: General Security Agreement (Genta Inc De/), General Security Agreement (Genta Inc De/), General Security Agreement (Genta Inc De/)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, payable by GrantorsGrantors under Section 18(b).

Appears in 4 contracts

Samples: Security and Pledge Agreement (School Specialty Inc), Security and Pledge Agreement (School Specialty Inc), Security and Pledge Agreement (School Specialty Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, then at such time as an Event of Default has occurred and is continuing under the Credit Agreement, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 4 contracts

Samples: Guaranty and Security Agreement (Unifi Inc), Guaranty and Security Agreement (Unifi Inc), Guaranty and Security Agreement (Unifi Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained hereinherein after written notice from Agent and a reasonable opportunity to cure as reasonably determined by the Agent, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 3 contracts

Samples: Pledge Agreement (Kronos Worldwide Inc), Guaranty and Security Agreement (Kronos Worldwide Inc), Guaranty and Security Agreement (Kronos Worldwide Inc)

Agent May Perform. If any Grantor of Grantors fails to perform any agreement contained herein, the Agent may itself itself, but shall not be required to, perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith (including attorneys’ fees and expenses) shall be payable, jointly and severally, by Grantors.

Appears in 3 contracts

Samples: Security Agreement (Elephant Talk Communications Corp), Security Agreement (Ants Software Inc), Security Agreement (Ants Software Inc)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor pursuant to SECTION 6.2.

Appears in 3 contracts

Samples: Security Agreement (Key Components LLC), Security Agreement (Leiner Health Products Inc), Security Agreement (Aristotle Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors, in accordance with the terms of the Credit Agreement.

Appears in 3 contracts

Samples: Guaranty and Security Agreement (Nl Industries Inc), Guaranty and Security Agreement (Kronos Worldwide Inc), Guaranty and Security Agreement (Kronos Worldwide Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained hereinherein or in any other Basic Document, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorssuch Grantor pursuant to Section 11.03 of the Credit Agreement.

Appears in 3 contracts

Samples: Security Agreement (Empire Resources Inc /New/), Security Agreement (Empire Resources Inc /New/), Credit Agreement (Empire Resources Inc /New/)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, Agent the Agent, after giving prior notice to the Grantor, may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor to the Agent upon demand by the Agent.

Appears in 2 contracts

Samples: Issuer Security and Pledge Agreement (National Record Mart Inc /De/), Guarantor Security and Pledge Agreement (National Record Mart Inc /De/)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, as to 100% of the obligations by each of the Grantors.

Appears in 2 contracts

Samples: Guarantee and Security Agreement (API Technologies Corp.), Guarantee and Security Agreement (API Technologies Corp.)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantors under Section 16(b).

Appears in 2 contracts

Samples: Revolving Credit and Guaranty Agreement (Alliance Entertainment Corp), Security and Pledge Agreement (Paragon Trade Brands Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreementagreement (after giving effect to any applicable grace period), and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 2 contracts

Samples: Security Agreement (Jack Cooper Logistics, LLC), Security Agreement (Jack Cooper Logistics, LLC)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, payable by GrantorsGrantor under Section 15(b).

Appears in 2 contracts

Samples: Tangible Assets Security Agreement (Benedek License Corp), Accounts Receivable Security Agreement (Benedek License Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained hereinherein within the time period allowed therefor, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 2 contracts

Samples: Security Agreement (Hawaiian Holdings Inc), Security Agreement (Realpage Inc)

Agent May Perform. If any Grantor fails to perform any ----------------- agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantors under Section 17(b) hereof.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Icg Holdings Inc), Security and Pledge Agreement (Icg Holdings Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, payable by GrantorsGrantor under Section 17.

Appears in 2 contracts

Samples: Security Agreement (James Cable Finance Corp), Guarantor Security Agreement (James Cable Finance Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent or the Lenders incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantors under Section 14(b).

Appears in 2 contracts

Samples: Security Agreement (Sonic Automotive Inc), Security Agreement (Sonic Automotive Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained hereinherein upon Agent’s written demand, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Inventure Foods, Inc.), Guaranty and Security Agreement (Inventure Foods, Inc.)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may may, following the occurrence and during the continuation of an Event of Default, itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, payable by GrantorsGrantor.

Appears in 2 contracts

Samples: Security Agreement (Bakers Footwear Group Inc), Security Agreement (Bakers Footwear Group Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent or the Lenders incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantors upon demand.

Appears in 2 contracts

Samples: Credit Agreement (Asbury Automotive Group Inc), Credit Agreement (Asbury Automotive Group Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform (but shall not be obligated to perform), or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 2 contracts

Samples: Subordination Agreement, Subordination Agreement (Nuverra Environmental Solutions, Inc.)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor under Section 13(b).

Appears in 2 contracts

Samples: Credit Agreement (Detroit Edison Co), Pledge Agreement (BGLS Inc)

Agent May Perform. If any a Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe relevant Grantor pursuant to Section 6.2.

Appears in 2 contracts

Samples: Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained hereinherein and an Event of Default exists and is continuing, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by GrantorsGrantor.

Appears in 2 contracts

Samples: Security Agreement (Heron Therapeutics, Inc. /De/), Security Agreement (Ap Pharma Inc /De/)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by the Grantors.

Appears in 2 contracts

Samples: Us Security Agreement (Exide Technologies), Security Agreement (Exide Technologies)

Agent May Perform. If Subject to the Financing Order, if any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (School Specialty Inc), Guaranty and Security Agreement (School Specialty Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained hereinherein resulting in an Event of Default, subject to the terms of the First Lien Intercreditor Agreement, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 2 contracts

Samples: Revolving Credit Agreement, Revolving Credit Agreement (OCI Partners LP)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by GrantorsGrantors promptly upon demand.

Appears in 2 contracts

Samples: Security Agreement (Relationserve Media Inc), Guarantor Security Agreement (Relationserve Media Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payablepayable by Grantor, jointly and severally, by GrantorsAgent shall endeavor to provide notice to Grantor of such performance.

Appears in 1 contract

Samples: Security Agreement (Quantum Corp /De/)

Agent May Perform. If any Grantor fails to perform any agreement contained hereinherein and an Event of Default exists, the Agent may may, but without any obligation to do so and without notice, itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorssuch Grantor under Section 22.

Appears in 1 contract

Samples: Security Agreement (Allbritton Communications Co)

Agent May Perform. If any the Grantor fails ----------------- to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor to the Agent upon demand by the Agent.

Appears in 1 contract

Samples: Parent Guarantor Security Agreement (American Eco Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may shall have the right, but shall not be obligated, to itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 1 contract

Samples: Junior Lien Intercreditor Agreement (FTS International, Inc.)

Agent May Perform. If any Grantor fails to perform any ----------------- agreement contained herein, Agent the Agent, after giving prior notice to such Grantor, may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe applicable Grantor to the Agent upon demand by the Agent.

Appears in 1 contract

Samples: Guarantor Security and Pledge Agreement (Western Micro Technology Inc /De)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable and documented expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by GrantorsGrantors in accordance with the terms of the Credit Agreement.

Appears in 1 contract

Samples: Guaranty and Security Agreement (INFINERA Corp)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable out-of-pocket expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor under Section 10.

Appears in 1 contract

Samples: Security Agreement (Summit Design Inc)

Agent May Perform. If any Grantor fails of the Grantors fail to perform any ----------------- agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantors.the applicable Grantor pursuant to Section 6.2. -----------

Appears in 1 contract

Samples: Credit Agreement (Aristotle Corp)

Agent May Perform. If any Grantor fails of the Grantors fail to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe applicable Grantor pursuant to SECTION 6.2.

Appears in 1 contract

Samples: Subsidiary Security Agreement (Aristotle Corp)

Agent May Perform. If any the Grantor fails to perform any agreement contained hereinherein (and such failure continues beyond any applicable grace period or opportunity to cure), the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor under Section 15(b) hereof.

Appears in 1 contract

Samples: Security Agreement (Billing Information Concepts Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may may, but shall not be obligated to, itself perform, or cause performance of, such agreementagreement after reasonable prior notice to the Grantors, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 1 contract

Samples: Security Agreement (Platinum Energy Solutions, Inc.)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by the Grantors.

Appears in 1 contract

Samples: Loan and Security Agreement (Hooper Holmes Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may may, but without any obligation to do so and without notice, itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorssuch Grantor under Section 19.

Appears in 1 contract

Samples: Credit Agreement (TLC Vision Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantors.Grantor pursuant to Section 6.2. SECTION

Appears in 1 contract

Samples: Security Agreement (Stratosphere Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may may, subject to applicable law, itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 1 contract

Samples: Security Agreement (THQ Inc)

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Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable invoiced out-of-pocket expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, by the Grantors.

Appears in 1 contract

Samples: Credit Agreement (Chiquita Brands International Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, payable by GrantorsGrantor under Section 16(b).

Appears in 1 contract

Samples: Security Agreement (Benedek License Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may may, but shall not be obligated to, itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 1 contract

Samples: Security and Pledge Agreement (Horizon Lines, Inc.)

Agent May Perform. If any Grantor fails to perform any agreement contained hereinherein within the time period, if any, provided hereunder, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall constitute Secured Obligations and be payable, jointly and severally, by Grantors.

Appears in 1 contract

Samples: Security Agreement (Stream Global Services, Inc.)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may itself itself, but shall not be required to, perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith (including attorneys’ fees and expenses) shall be payable, jointly payable by Grantor and severally, by Grantorsany such expenses shall constitute part of Grantor’s Secured Obligations under the Notes.

Appears in 1 contract

Samples: Security Agreement (Iaso Pharma Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, payable by GrantorsGrantor.

Appears in 1 contract

Samples: Security Agreement (Progressive Gaming International Corp)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Agent may but without any obligation to do so and without notice, itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor under Section 12.

Appears in 1 contract

Samples: Credit Agreement (Greater Bay Bancorp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by GrantorsGrantors in accordance with the terms of the Financing Agreement.

Appears in 1 contract

Samples: Security Agreement (Spire Global, Inc.)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 1 contract

Samples: Security Agreement (Progressive Gaming International Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable out-of-pocket expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by GrantorsGrantors in accordance with the terms of the Credit Agreement.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Salem Media Group, Inc. /De/)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor.

Appears in 1 contract

Samples: Security Agreement (El Pollo Loco, Inc.)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor under Section 13.

Appears in 1 contract

Samples: Participation Agreement (Consolidated Freightways Corp)

Agent May Perform. If any Grantor fails to perform or comply with any agreement of its agreements contained hereinherein and the Agent, Agent may itself performas provided for by the terms of this Security Agreement, shall perform or comply, or otherwise cause performance ofor compliance, with such agreement, and the reasonable expenses expenses, including attorneys' fees, of the Agent incurred in connection therewith with such performance or compliance together with interest thereon at the rate then in effect in respect of the Loans, shall be payable, jointly payable by Grantor to the Agent on demand and severally, by Grantorsshall constitute Secured Obligations secured hereby.

Appears in 1 contract

Samples: Security Agreement (Interpool Inc)

Agent May Perform. If any the Grantor fails to ----------------- perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor to the Agent upon demand by the Agent.

Appears in 1 contract

Samples: Borrower Security Agreement (American Eco Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may may, but without any obligation to do so and without notice, itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorssuch Grantor under Section 20.

Appears in 1 contract

Samples: Credit Agreement (TLC Vision Corp)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor under Section 17(b).

Appears in 1 contract

Samples: Security and Pledge Agreement (Payless Cashways Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may (but shall not be obligated to) itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, by GrantorsGrantors in accordance with the terms of the Indenture.

Appears in 1 contract

Samples: Security Agreement (Independence Contract Drilling, Inc.)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, payable by GrantorsGrantor under Section 12(b).

Appears in 1 contract

Samples: Acquired Assets Security Agreement (Benedek License Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorssuch Grantor pursuant to Section 6.2.

Appears in 1 contract

Samples: Security Agreement (Key Components Finance Corp)

Agent May Perform. If any Grantor fails to perform any ----------------- agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith (as to which invoices have been furnished) shall be payable, jointly and severally, payable by Grantorsthe Grantors under Section 16(b).

Appears in 1 contract

Samples: Security and Pledge Agreement (Mariner Post Acute Network Inc)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor under Section 13(b) hereof.

Appears in 1 contract

Samples: Senior Secured Debtor in Possession Credit Agreement (Gulfmark Offshore Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorssuch Grantor pursuant to SECTION 6.2.

Appears in 1 contract

Samples: Guarantor Security Agreement (Key Components LLC)

Agent May Perform. If any Grantor fails to perform any ----------------- agreement contained herein, the Agent may itself upon notice to such Grantor perform, or cause the performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorssuch Grantor under Section 21(b).

Appears in 1 contract

Samples: Security Agreement (Iron Age Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, each Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of such Agent incurred in connection therewith shall be payable, jointly and severally, by Grantors.

Appears in 1 contract

Samples: Intercreditor Agreement (Nuverra Environmental Solutions, Inc.)

Agent May Perform. If any a Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, agreement and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantors under Section 6.2.

Appears in 1 contract

Samples: Credit Agreement (Amscan Holdings Inc)

Agent May Perform. If any the Grantor fails to perform any ----------------- agreement contained herein, Agent the Agent, after giving prior notice to the Grantor, may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor to the Agent upon demand by the Agent.

Appears in 1 contract

Samples: Issuer Security and Pledge Agreement (Western Micro Technology Inc /De)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent incurred in connection therewith shall be payable, jointly and severally, payable by GrantorsGrantor.

Appears in 1 contract

Samples: Securities Purchase Agreement (RXi Pharmaceuticals Corp)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantor under Section 18.

Appears in 1 contract

Samples: Secured Credit Agreement (Einstein Noah Bagel Corp)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, then Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payablepayable by Grantor under Section 14(b), jointly and severally, by Grantorsbelow.

Appears in 1 contract

Samples: Security Agreement (American Finance Group Inc /De/)

Agent May Perform. If any Grantor fails to perform any agreement obligation contained hereinin this Agreement, Agent may itself perform, or cause performance of, such agreementobligation, and the reasonable expenses of Agent or any other Secured Party incurred in connection therewith shall be payable, jointly and severally, severally payable by the Grantors; provided that Agent or any other Secured Party shall not be required to perform or discharge any obligation of any Grantor.

Appears in 1 contract

Samples: Security Agreement (Pacific Ethanol, Inc.)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantors under Section 18.

Appears in 1 contract

Samples: Security and Pledge Agreement (Us Office Products Co)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent or the Lenders incurred in connection therewith shall be payable, jointly and severally, payable by Grantorsthe Grantors under Section 14(B).

Appears in 1 contract

Samples: Security Agreement (Sonic Automotive Inc)

Agent May Perform. If any Grantor fails to perform any ----------------- agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith (as to which invoices have been furnished) shall be payable, jointly and severally, payable by Grantorsany of the Grantors under Section 16(b).

Appears in 1 contract

Samples: Security and Pledge Agreement (Galey & Lord Inc)

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