Bank May Perform. If Pledgor fails to perform any agreement contained herein, the Bank may (but shall not be obligated to) perform, or cause performance of, such agreement. Pledgor shall reimburse the Bank on demand for any amounts paid or any expenses incurred by the Bank in connection therewith.
Bank May Perform. If Borrower fails to perform any agreement contained herein, then Bank may itself perform, or cause performance of, such agreement, and the expenses of Bank incurred in connection therewith shall be payable by Borrower; provided, that to the extent practicable and permitted by law, Bank shall give Borrower prior notice of its intention to perform for Borrower.
Bank May Perform. If the Grantor fails to perform any agreement contained herein, the Bank may itself perform, or cause performance of, such agreement, and the expenses of the Bank incurred in connection therewith shall be payable by the Grantor under Subsection 14.2.
Bank May Perform. If any Grantor fails to perform any obligation under or in connection with this Agreement, the Bank may itself perform or cause performance of such obligation, and the expenses of the Bank incurred in connection therewith shall be payable by the Grantors pursuant to Section 6.4. The Bank may from time to time take any other action which the Bank deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Bank May Perform. (A) If Borrower fails to perform any of its obligations contained herein, Bank may itself perform, or cause performance of, such obligations, and the expenses of Bank incurred in connection therewith shall be payable by Borrower under Paragraph 10(B).
(B) Bank, or its designated representatives, shall have the right, at all times, to inspect Borrower's premises and to examine Borrower's books, records and operations relating to the Trademark Collateral.
Bank May Perform. (A) If Borrower fails to perform any of its obligations contained herein, Bank may itself perform, or cause performance of, such obligation, and the expenses of Bank incurred in connection therewith shall be payable by Borrower under Paragraph 12(B).
(B) Bank, or its designated representatives, shall have the right, at all times, to inspect Borrower's premises and to examine books, records and operations relating to the Patent Collateral.
(C) Bank shall have the right, but in no way shall be obligated, to bring suit in its own name or in the name of Borrower to enforce any part of the Patent Collateral. Borrower shall at the reasonable request of Bank do any and all lawful acts and execute any and all proper documents required by Bank in aid of such enforcement. Upon demand, Borrower shall promptly reimburse and indemnify Bank for all costs and expenses incurred by Bank in the exercise of its rights under this Paragraph.
Bank May Perform. If Grantor fails to perform any agreement contained herein, Bank may itself perform (but is not required to perform) or cause performance of, such agreement, and the expenses of Bank incurred in connection therewith shall be payable by Grantor upon Bank’s demand. If Grantor does not reimburse Bank, such amounts paid will become part of the Subject Debt and will be secured hereunder. The powers conferred on Bank hereunder are solely to protect its interest in the Collateral and shall not impose any duty upon it to exercise any such powers.
Bank May Perform. If Pledgor fails to perform any agreement contained herein, the Bank may (but shall not be obligated to) perform, or cause performance of, such agreement. Pledgor shall reimburse the Bank on demand for any amounts paid or any expenses incurred by the Bank in connection therewith. BANK'S DUTIES The powers conferred on the Bank hereunder are solely to protect its interest in the Collateral and shall not impose any duty upon it to exercise any such powers. The Bank shall have no duty whatsoever to (i) take any steps to preserve the security interest granted hereby, or (ii) preserve or protect or take any action whatsoever with respect to, any of the Collateral.
Bank May Perform. If LMT fails to perform any agreement contained herein after request by Bank to perform such agreement, Bank may itself perform, or cause the performance of, such agreement, and the expenses of Bank incurred in connection therewith shall be payable by LMT pursuant to Section 12 below.
Bank May Perform. If either Pledgor fails to perform any agreement contained herein, after receipt of notice of such nonperformance and a reasonable time to cure, the Bank may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Bank incurred in connection therewith shall be payable by the Pledgors under Section 13.