Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor under Section 4.4 hereof.
Appears in 6 contracts
Samples: Credit Agreement (Ellora Energy Inc), Credit Agreement (Ellora Energy Inc), Credit Agreement (GeoMet, Inc.)
Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor under Section 4.4 hereof4.4.
Appears in 5 contracts
Samples: Credit Agreement (Denbury Resources Inc), Pledge Agreement (Quest Resource Corp), Credit Agreement (Exco Resources Inc)
Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee reasonably incurred in connection therewith shall be payable by Pledgor under Section 4.4 hereof4.4.
Appears in 3 contracts
Samples: Credit Agreement (Quest Resource Corp), Pledge Agreement (Quest Resource Corp), Pledge Agreement (Quest Resource Corp)
Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may may, at the direction of the Requisite Lenders, itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor under Section 4.4 hereof.
Appears in 2 contracts
Samples: Pledge Agreement (Par Petroleum Corp/Co), Pledge Agreement (Par Petroleum Corp/Co)
Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may itself itself, at its option and in its sole discretion, perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor under Section 4.4 hereof7.4; provided, however, that nothing herein shall impose any obligation of any kind whatsoever on Pledgee to perform under any obligation or agreement of Pledgor.
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Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor [(BUT NOT BORROWER)] under Section 4.4 hereofSECTION 4.4.
Appears in 1 contract
Performance by Pledgee. If Pledgor fails to perform any agreement or ---------------------- obligation contained herein, Pledgee may itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor [(but not Borrower)] under Section 4.4 hereof.4.4. -----------
Appears in 1 contract
Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor under Section 4.4 hereofSECTION 4.4.
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