Common use of Agent May Perform Clause in Contracts

Agent May Perform. If the Pledgor 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 the Pledgor under Section 13.

Appears in 4 contracts

Samples: 364 Day Revolving Credit Agreement (Greater Bay Bancorp), Pledge Agreement (Greater Bay Bancorp), Loan Agreement (Presley Companies /De)

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Agent May Perform. If the Pledgor fails to perform any agreement contained herein, the Collateral Agent may itself perform, or cause performance of, such agreement, and the expenses of the Collateral Agent incurred in connection therewith shall be payable by the Pledgor under pursuant to Section 136.4.

Appears in 4 contracts

Samples: Credit Facility Agreement (Pioneer Natural Resources Co), Credit Facility Agreement (Pioneer Natural Resources Co), Credit Facility Agreement (Pioneer Natural Resources Co)

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