Bank May Perform. If the Pledgor 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 Pledgor under Section 14.
Appears in 3 contracts
Samples: Pledge Agreement (Pacific Drilling S.A.), Pledge Agreement (Pacific Drilling S.A.), Pledge Agreement (M I Homes Inc)
Bank May Perform. If the Pledgor fails to perform any agreement contained herein, the Bank may itself (but shall not be obligated to) perform, or cause performance of, such agreement, and the expenses of . Pledgor shall reimburse the Bank on demand for any amounts paid or any expenses incurred by the Bank in connection therewith shall be payable by the Pledgor under Section 14therewith.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Nde Environmental Corp), Pledge and Security Agreement (Nde Environmental Corp), Pledge and Security Agreement (Nde Environmental Corp)
Bank May Perform. If the Pledgor 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 Pledgor under Section 1411.
Appears in 2 contracts
Samples: Pledge Agreement (Standard Management Corp), Pledge Agreement (Standard Management Corp)
Bank May Perform. If the Pledgor 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 Pledgor under Section 146.2.
Appears in 2 contracts
Samples: Pledge Agreement (Adept Technology Inc), Pledge Agreement (Adept Technology Inc)
Bank May Perform. If the Pledgor fails to perform any agreement ---------------- contained herein, 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 Pledgor under Section 14Paragraph 14 below.
Appears in 1 contract
Samples: Pledge Agreement (Price David G)
Bank May Perform. If the Pledgor fails to perform any agreement contained herein, the Bank may itself perform, or cause performance of, such the agreement, and the expenses of the Bank incurred in connection therewith shall will be payable by the Pledgor under Section 1412 of this Agreement.
Appears in 1 contract
Samples: Pledge of Stock Agreement (Peoples Educational Holdings)
Bank May Perform. If the Pledgor fails to perform any agreement contained herein, 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 Pledgor under Section 1413(b) hereof.
Appears in 1 contract
Samples: Stock Pledge Agreement (Chrysalis International Corp)
Bank May Perform. If the Pledgor fails to perform any agreement contained herein, 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 Pledgor under Section 1414 hereof.
Appears in 1 contract
Samples: Pledge Agreement (Gami Merger Co)
Bank May Perform. If the Pledgor 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 Pledgor under Section 1412 of this Agreement.
Appears in 1 contract
