Common use of As to the Assigned Agreements Clause in Contracts

As to the Assigned Agreements. (a) Each Grantor will at its expense: (i) perform and observe all terms and provisions of the Assigned Agreements to be performed or observed by it, maintain the Assigned Agreements to which it is a party in full force and effect, enforce the Assigned Agreements to which it is a party in accordance with the terms thereof and take all such action to such end as may be requested from time to time by the Collateral Agent; and (ii) furnish to the Collateral Agent promptly upon receipt thereof copies of all notices, requests and other documents received by such Grantor under or pursuant to the Assigned Agreements to which it is a party, and from time to time (A) furnish to the Collateral Agent such information and reports regarding the Assigned Agreements and such other Collateral of such Grantor as the Collateral Agent may reasonably request and (B) upon request of the Collateral Agent, make to each other party to any Assigned Agreement to which it is a party such demands and requests for information and reports or for action as such Grantor is entitled to make thereunder. (b) Each Grantor hereby consents on its behalf and on behalf of its Subsidiaries to the assignment and pledge to the Collateral Agent for benefit of the Secured Parties of each Assigned Agreement to which it is a party by any other Grantor hereunder.

Appears in 1 contract

Samples: Security Agreement (LifeCare Holdings, Inc.)

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As to the Assigned Agreements. (a) Each Grantor will at its expense: (i) perform and observe in all material respects all terms and provisions of the Assigned Agreements to be performed or observed by it, maintain the Assigned Agreements to which it is a party in full force and effecteffect to the extent deemed prudent by such Grantor, enforce the Assigned Agreements to which it is a party in accordance with the terms thereof thereof, and take all such action to such end as may be reasonably requested from time to time by the Collateral AgentAgent upon the occurrence and continuance of an Event of Default; and (ii) furnish to the Collateral Agent promptly upon receipt thereof copies of all notices, requests and other documents received by such Grantor under or pursuant to the Assigned Agreements to which it is a party, and from time to time (A) furnish to the Collateral Agent copies of the Assigned Agreements as then in effect and such information and reports regarding the Assigned Agreements and such other Collateral of such Grantor as the Collateral Agent may reasonably request and (B) upon reasonable request of the Collateral Agent, Agent upon the occurrence and continuation of an Event of Default make to each other party to any Assigned Agreement to which it is a party such demands and requests for information and reports or for action as such Grantor is entitled to make thereunder. (b) Each Grantor hereby consents on its behalf and on behalf of its Subsidiaries to the assignment and pledge pledge, for security purposes, to the Collateral Agent for benefit of the Secured Parties of each Assigned Agreement to which it is a party by any other Grantor hereunderparty.

Appears in 1 contract

Samples: Credit Agreement (Pacificare Health Systems Inc /De/)

As to the Assigned Agreements. (a) Each The Grantor will at its expense: (i) perform and observe in all material respects, all terms and provisions of the Assigned Agreements to be performed or observed by it, maintain the Assigned Agreements to which it is a party in full force and effect, enforce the Assigned Agreements to which it is a party in accordance with the terms thereof and take all such action to such end as may be requested from time to time by the Collateral AgentTrustees; and (ii) furnish to the Collateral Agent Trustees promptly upon receipt thereof copies of all written notices, requests and other documents received by such the Grantor under or pursuant to the Assigned Agreements to which it is a party, and from time to time (A) furnish to the Collateral Agent Trustees such information and reports regarding the Assigned Agreements and such other Collateral of such the Grantor as the Collateral Agent Trustees may reasonably request and (B) upon reasonable request of the Collateral Agent, Trustees make to each other party to any Assigned Agreement to which it is a party such demands and requests for information and reports or for action as such the Grantor is entitled to make thereunder. (b) Each The Grantor hereby consents on its behalf and on behalf of its Subsidiaries to the assignment and pledge pledge, for security purposes, to the Collateral Agent Trustees for the ratable benefit of the Representatives and the Secured Parties Holders of each Assigned Agreement to which it is a party by any other Grantor hereunderparty.

Appears in 1 contract

Samples: Shared Collateral Security Agreement (Pacificare Health Systems Inc /De/)

As to the Assigned Agreements. (a) Each Grantor will at its expense: (i) perform and observe in all material respects, all terms and provisions of the Assigned Agreements to be performed or observed by it, maintain the Assigned Agreements to which it is a party in full force and effect, enforce the Assigned Agreements to which it is a party in accordance with the terms thereof and take all such action to such end as may be requested from time to time by the Collateral Agent; and (ii) furnish to the Collateral Agent promptly upon receipt thereof copies of all written notices, requests and other documents received by such Grantor under or pursuant to the Assigned Agreements to which it is a party, and from time to time (A) furnish to the Collateral Agent such information and reports regarding the Assigned Agreements and such other Collateral of such Grantor as the Collateral Agent may reasonably request and (B) upon reasonable request of the Collateral Agent, Agent make to each other party to any Assigned Agreement to which it is a party such demands and requests for information and reports or for action as such Grantor is entitled to make thereunder. (b) Each Grantor hereby consents on its behalf and on behalf of its Subsidiaries to the assignment and pledge pledge, for security purposes, to the Collateral Agent for benefit of the Secured Parties of each Assigned Agreement to which it is a party by any other Grantor hereunderparty.

Appears in 1 contract

Samples: Non Shared Collateral Security Agreement (Pacificare Health Systems Inc /De/)

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As to the Assigned Agreements. (a) Each Grantor will at its expense: (i) perform and observe in all material respects, all terms and provisions of the Assigned Agreements to be performed or observed by it, maintain the Assigned Agreements to which it is a party in full force and effect, enforce the Assigned Agreements to which it is a party in accordance with the terms thereof and take all such action to such end as may be reasonably requested from time to time by the Collateral Agent; and (ii) furnish to the Collateral Agent promptly upon receipt thereof copies of all written notices, requests and other documents received by such Grantor under or pursuant to the Assigned Agreements to which it is a party, and from time to time (A) furnish to the Collateral Agent such information and reports regarding the Assigned Agreements and such other Collateral of such Grantor as the Collateral Agent may reasonably request and (B) upon reasonable request of the Collateral Agent, Agent make to each other party to any Assigned Agreement to which it is a party such demands and requests for information and reports or for action as such Grantor is entitled to make thereunder. (b) Each Grantor hereby consents on its behalf and on behalf of its Subsidiaries to the assignment and pledge pledge, for security purposes, to the Collateral Agent for benefit of the Secured Parties of each Assigned Agreement to which it is a party by any other Grantor hereunderparty.

Appears in 1 contract

Samples: Credit Agreement (Pacificare Health Systems Inc /De/)

As to the Assigned Agreements. (a) Each Grantor will at its expense: (i) perform and observe all terms and provisions of the Assigned Agreements to be performed or observed by it, maintain the Assigned Agreements to which it is a party in full force and effect, enforce the Assigned Agreements to which it is a party in accordance with the terms thereof and take all such action to such end as may be requested from time to time by the Collateral Agent; and (ii) furnish to the Collateral Agent promptly upon receipt thereof copies of all notices, requests and other documents received by such Grantor under or pursuant to the Project Trinity Security Agreement Assigned Agreements to which it is a party, and from time to time (A) furnish to the Collateral Agent such information and reports regarding the Assigned Agreements and such other Collateral of such Grantor as the Collateral Agent may reasonably request and (B) upon request of the Collateral Agent, make to each other party to any Assigned Agreement to which it is a party such demands and requests for information and reports or for action as such Grantor is entitled to make thereunder. (b) Each Grantor hereby consents on its behalf and on behalf of its Subsidiaries to the assignment and pledge to the Collateral Agent for benefit of the Secured Parties of each Assigned Agreement to which it is a party by any other Grantor hereunder.

Appears in 1 contract

Samples: Security Agreement (LifeCare Holdings, Inc.)

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