Common use of Performance by Administrative Agent of Grantor's Obligations Clause in Contracts

Performance by Administrative Agent of Grantor's Obligations. If any Grantor fails to perform or comply with any of its agreements contained herein, the Administrative Agent, at its option, but without any obligation to do so, may perform or comply, or otherwise cause performance or compliance, with such agreement.

Appears in 3 contracts

Samples: Security Agreement (Evenflo Co Inc), Security Agreement (Evenflo & Spalding Holdings Corp), Security Agreement (Evenflo & Spalding Holdings Corp)

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Performance by Administrative Agent of Grantor's Obligations. If any the Grantor fails to perform or comply with any of its agreements contained herein, herein and the Administrative Agent, at its optionas provided for by the terms of this Agreement, but without any obligation to do so, may shall perform or comply, or otherwise cause performance or compliance, with such agreement.agreements, the reasonable expenses of the Administrative Agent incurred in connection with such performance or compliance, together

Appears in 1 contract

Samples: Patent and Trademark Security Agreement (Telex Communications Inc)

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Performance by Administrative Agent of Grantor's Obligations. If any Grantor fails to perform or comply with any of its agreements contained herein, the Administrative Agent, at its option, but without any obligation so to do sodo, may perform or comply, or otherwise cause performance or compliance, with such agreement.

Appears in 1 contract

Samples: Security Agreement (Kindercare Learning Centers Inc /De)

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