Common use of Agent’s Right to Perform Contracts Clause in Contracts

Agent’s Right to Perform Contracts. Upon the occurrence of an Event of Default, Agent (or its designee) may proceed to perform any and all of the obligations of any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of any Grantor therein contained as fully as such Grantor itself could.

Appears in 9 contracts

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

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Agent’s Right to Perform Contracts. Upon the occurrence and during the continuance of an Event of Default, Agent (or its designee) may proceed to perform any and all of the obligations of any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of any Grantor therein contained as fully as such Grantor itself could.

Appears in 6 contracts

Samples: Security Agreement (Progressive Gaming International Corp), Security Agreement (Velocity Express Corp), Security Agreement (Bookham, Inc.)

Agent’s Right to Perform Contracts. Upon the occurrence and during the continuance of an Event of Default, Agent (or its designee) may proceed to perform any and all of the obligations of any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of any Grantor therein contained as fully as such Grantor itself could, subject to the terms of such contract, lease or other agreement.

Appears in 2 contracts

Samples: Security Agreement (Boston Gear LLC), Security Agreement (TB Wood's INC)

Agent’s Right to Perform Contracts. Upon the occurrence and during the continuation of an Event of Default, Agent (or its designee) may proceed to perform any and all of the obligations of any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of any Grantor therein contained as fully as such Grantor itself could.

Appears in 2 contracts

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

Agent’s Right to Perform Contracts. Upon the occurrence and continuation of an Event of Default, Agent (or its designee) may proceed to perform any and all of the obligations of any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of any Grantor therein contained as fully as such Grantor itself could.

Appears in 1 contract

Samples: Security Agreement (Emrise CORP)

Agent’s Right to Perform Contracts. Upon the occurrence and during the continuance of an Event of Default, Agent (or its designee) may proceed to perform any and all of the obligations of any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of any Grantor therein contained as fully as such Grantor itself could.

Appears in 1 contract

Samples: Security Agreement (Progressive Gaming International Corp)

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Agent’s Right to Perform Contracts. Upon the occurrence of an Event of DefaultDefault and during the continuation thereof, Agent (or its designee) may proceed to perform any and all of the obligations of any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of any Grantor therein contained as fully as such Grantor itself could.

Appears in 1 contract

Samples: Security Agreement (Portrait Corp of America, Inc.)

Agent’s Right to Perform Contracts. Upon the occurrence and during the continuance of an Event of Default, Agent (or its designee) may proceed to perform any and all of the obligations of any Grantor contained in any contract, lease, or other agreement and exercise any and all rights contained therein of any Grantor therein contained as fully as such Grantor itself couldGrantor.

Appears in 1 contract

Samples: Security Agreement (Orion Healthcorp Inc)

Agent’s Right to Perform Contracts. Upon the occurrence of an Event of Default, Agent (or its designee) and until such time as such Event of Default is no longer continuing, may proceed to perform any and all of the obligations of any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of any Grantor therein contained as fully as such Grantor itself could.

Appears in 1 contract

Samples: Security Agreement (SAVVIS, Inc.)

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