Failure of Debtor to Perform Sample Clauses

Failure of Debtor to Perform. If the Debtor fails to perform any of its covenants or obligations under this Agreement, the Bank may, in its absolute discretion, but without being required to do so, perform any such covenant or obligation. If any such covenant or obligation requires the payment of monies, the Bank may make such payment. All sums so paid by the Bank will immediately be payable by the Debtor to the Bank and, for greater certainty, Section 2.2(j) will apply to such sums. No such performance or payment will relieve the Debtor from any default under this Agreement.
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Failure of Debtor to Perform. (1) If any Debtor fails to perform any of its covenants or obligations under this Agreement, the Collateral Agent may, in its absolute discretion, but without being required to do so, perform any such covenant or obligation. If any such covenant or obligation requires the payment of monies, the Collateral Agent may make such payment. All sums so paid by the Collateral Agent will be payable by such Debtor to the Collateral Agent and, for greater certainty, Section 3.02(1)(f) will apply to such sums. No such performance or payment will relieve such Debtor from any default under this Agreement or any consequences of such default.
Failure of Debtor to Perform. (1) If any Debtor fails to perform any of its covenants or obligations under this Agreement, the Noteholder may, in its absolute discretion, but without being required to do so, perform any such covenant or obligation. If any such covenant or obligation requires the payment of monies, the Noteholder may make such payment. All sums so paid by the Noteholder will be payable by such Debtor to the Noteholder and, for greater certainty, Section 3.02(1)(f) will apply to such sums. No such performance or payment will relieve such Debtor from any default under this Agreement or any consequences of such default.

Related to Failure of Debtor to Perform

  • Failure to Perform In the event of a failure of performance due under this Agreement and if it becomes necessary for either party to undertake legal action against the other on account thereof, then the prevailing party shall be entitled to reasonable attorney’s fees in addition to costs and necessary disbursements.

  • Inability to Perform This Lease and the obligations of the Tenant hereunder shall not be affected or impaired because the Landlord is unable to fulfill any of its obligations hereunder or is delayed in doing so, if such inability or delay is caused by reason of strike, labor troubles, acts of God, or any other cause beyond the reasonable control of the Landlord.

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