Common use of Bank May Perform Clause in Contracts

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.

Appears in 2 contracts

Samples: Credit Agreement (Jore Corp), Credit Agreement (American Ecology Corp)

AutoNDA by SimpleDocs

Bank May Perform. If the a Grantor fails to perform any agreement contained herein, the Bank may itself perform, or cause performance of, such agreement, agreement and the expenses of the Bank incurred in connection therewith shall be payable by the Grantor Grantors under Subsection 14.2Section 6.2.

Appears in 1 contract

Samples: Credit Agreement (Transact Technologies Inc)

Bank May Perform. If the Grantor fails to perform any agreement contained herein, the Bank may itself perform, or cause performance of, such agreementagreement after written notice of its intent to do so is delivered to Grantor, and the reasonable expenses of the Bank incurred in connection therewith shall be payable by the Grantor under Subsection 14.2Paragraph 24(b).

Appears in 1 contract

Samples: Security Agreement (Ark Restaurants Corp)

AutoNDA by SimpleDocs

Bank May Perform. If the Except as otherwise provided herein, if any Grantor 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 Grantor Grantors under Subsection 14.2Section 15(b) hereof.

Appears in 1 contract

Samples: Security Agreement (Total Tel Usa Communications Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.