Agent May Perform. If the Pledgor fails to perform any representation, warranty, covenant or agreement required to be performed by it contained herein, the Agent may, but shall not be obligated to, perform, or cause performance of, such representation, warranty, covenant or agreement, and the out-of-pocket expenses of the Agent incurred in connection therewith shall be payable by the Pledgor.
Appears in 5 contracts
Samples: Stock Pledge Agreement (Acura Pharmaceuticals, Inc), Stock Pledge Agreement (Acura Pharmaceuticals, Inc), Stock Pledge Agreement (Acura Pharmaceuticals, Inc)