Performance by Collateral Agent of Grantor's Obligations. If any Grantor fails to perform or comply with any of its agreements contained herein, the Collateral Agent, at its option, but without any obligation so to do, may perform or comply, or otherwise cause performance or compliance, with such agreement.
Appears in 8 contracts
Samples: Security Agreement (Graftech International LTD), Security Agreement (Graftech International LTD), European Guarantee and Luxembourg Security Agreement (Graftech International LTD)
Performance by Collateral Agent of Grantor's Obligations. If any the Grantor fails to perform or comply with any of its agreements contained herein, herein and the Collateral Agent, at its option, but without any obligation so as provided for by the terms of this Agreement and following reasonable notice to dothe Grantor, may itself perform or comply, or otherwise cause performance or compliance, with such agreement, and the expenses of the Collateral Agent incurred in connection with such performance or compliance shall be payable by the Grantor to the Collateral Agent on demand and shall constitute Obligations secured hereby.
Appears in 7 contracts
Samples: Patent and Trademark Security Agreement (Emagin Corp), Patent and Trademark Security Agreement (Emagin Corp), Patent and Trademark Security Agreement (Emagin Corp)
Performance by Collateral Agent of Grantor's Obligations. If any the Grantor fails to perform or comply with any of its agreements contained herein, herein and the Collateral Agent, at its optionas provided for by the terms of this Security Agreement, but without any obligation so to do, may shall itself perform or comply, or otherwise cause performance or compliance, with such agreementagreements, the expenses of the Collateral Agent incurred in connection with such performance or compliance shall be payable by the Grantor to the Collateral Agent on demand and shall constitute Obligations secured hereby.
Appears in 2 contracts
Samples: Security Agreement (Alliance Pharmaceutical Corp), General Collateral Security Agreement (Alliance Pharmaceutical Corp)
Performance by Collateral Agent of Grantor's Obligations. If any the Grantor fails to perform or comply with any of its agreements contained herein, the Collateral Agent, at its option, but without any obligation so to do, may perform or comply, or otherwise cause performance or compliance, with such agreementagreement (with, if no Default or Event of Default shall have occurred and be continuing, notice to the Grantor).
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (Metris Companies Inc), Senior Secured Credit Agreement (Metris Companies Inc)
Performance by Collateral Agent of Grantor's Obligations. If any the Grantor fails to perform or comply with any of its agreements contained herein, herein and the Collateral Agent, at its option, but without any obligation so to do, may perform or comply, or otherwise cause performance or compliance, with such agreement.as
Appears in 1 contract
Performance by Collateral Agent of Grantor's Obligations. If any Grantor fails of the Grantors fail to perform or comply with any of its their agreements contained herein, the Collateral Agent, at its option, but without any obligation so to dodo so, may perform or comply, or otherwise cause performance or compliance, with such agreement.
Appears in 1 contract
Samples: Security Agreement (Railworks Corp)
