Common use of ASSIGNEE MAY PERFORM Clause in Contracts

ASSIGNEE MAY PERFORM. If Assignor fails to perform any agreement contained herein, Assignee may itself perform, or cause performance of, such agreement, and the expenses of Assignee incurred in connection therewith shall be payable by Assignor under Section 18.

Appears in 3 contracts

Samples: Credit Agreement (FWT Inc), Security Agreement (Diamond Brands Operating Corp), Patent Collateral Assignment and Security Agreement (FWT Inc)

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ASSIGNEE MAY PERFORM. If Assignor fails to perform any -------------------- agreement contained herein, Assignee may itself perform, or cause performance of, such agreement, and the expenses of Assignee incurred in connection therewith shall be payable by Assignor under Section 18.

Appears in 2 contracts

Samples: Subsidiary Patent Collateral Assignment and Security Agreement (Diamond Brands Operating Corp), Subsidiary Patent Collateral Assignment and Security Agreement (Diamond Brands Operating Corp)

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ASSIGNEE MAY PERFORM. If Assignor fails to perform any agreement contained herein, Assignee may itself perform, or cause performance of, such agreement, and the expenses of Assignee incurred in connection therewith shall be payable by Assignor under Section 18subsection 10.2 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Andros Holdings Inc)

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