Common use of Agent May Perform Clause in Contracts

Agent May Perform. (a) If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such Grantor under Section 15(b) to the fullest extent permitted by applicable law. (b) The Agent or its designated representatives shall have the right to the extent reasonably requested and upon reasonable prior notice, at any reasonable time during normal business hours of such Grantors and from time to time, to inspect the Grantors' premises and to examine the Grantors' books, records and operations relating to the Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Bec Group Inc), Credit Agreement (Bolle Inc)

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Agent May Perform. (a) If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such Grantor under Section 15(b12(b) hereof to the fullest extent permitted by applicable law. (b) The Agent or its designated representatives shall have the right to the extent reasonably requested and upon reasonable prior notice, at any reasonable time during normal business hours of such Grantors and from time to time, to inspect the Grantors' premises and to examine the Grantors' books, records and operations relating to the Collateral; provided, however, that prior to the occurrence and continuation of an Event of Default, such right to make such inspections shall be limited to twice annually.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Headway Corporate Resources Inc)

Agent May Perform. (a) If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such Grantor under Section 15(b14(b) hereof to the fullest extent permitted ------------- by applicable law. (b) The Agent or its designated representatives shall have the right to the extent reasonably requested and upon reasonable prior notice, at any reasonable time during normal business hours of such Grantors and from time to time, to inspect the Grantors' premises and to examine the Grantors' books, records and operations relating to the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Breed Technologies Inc)

Agent May Perform. (a) 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 by such Grantor under Section 15(b14(b) to the fullest extent permitted by applicable law. (b) . The Agent or its designated representatives shall have the right to the extent reasonably requested and upon reasonable prior notice, at any reasonable time during normal business hours of such Grantors and from time to time, to inspect the Grantors' premises and to examine the Grantors' books, records and operations relating to the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Windmere Durable Holdings Inc)

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Agent May Perform. (a) If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such Grantor under Section 15(b14(b) hereof to the fullest extent permitted by applicable law. (b) The Agent or its designated representatives shall have the right to the extent reasonably requested and upon reasonable prior notice, at any reasonable time during normal business hours of such Grantors and from time to time, to inspect the Grantors' premises and to examine the Grantors' books, records and operations relating to the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Insteel Industries Inc)

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