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).
Appears in 2 contracts
Samples: Patent Assignment and Security Agreement (Williams Controls Inc), Patent Assignment and Security Agreement (Ajay Sports Inc)
Bank May Perform. (A) If Borrower fails to perform any of its obligations contained herein, Bank may itself perform, or cause performance of, such obligationobligations, and the expenses of Bank incurred in connection therewith shall be payable by Borrower under Paragraph 12(B10(B).
Appears in 2 contracts
Samples: Trademark Security Agreement (Williams Controls Inc), Trademark Security Agreement (Ajay Sports Inc)
