Common use of Performance by the Agent of Obligations Clause in Contracts

Performance by the Agent of Obligations. If any Obligor fails to perform any agreement or obligation contained herein, the Agent itself may perform, or cause performance of, such agreement or obligation, and the expenses of the Agent incurred in connection therewith shall be payable by the Obligors on a joint and several basis pursuant to Section 11 hereof.

Appears in 10 contracts

Samples: Security Agreement (Cluett Peabody & Co Inc /De), Security Agreement (Steel Heddle International Inc), Security Agreement (Sterile Recoveries Inc)

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Performance by the Agent of Obligations. If any Obligor fails to perform any agreement or obligation contained herein, the Agent itself may perform, or cause performance of, such agreement or obligation, and the expenses of the Agent incurred in connection therewith shall be payable by the Obligors on a joint and several basis pursuant to Section 11 25 hereof.

Appears in 3 contracts

Samples: Security Agreement (Galey & Lord Inc), Security Agreement (Galey & Lord Inc), Security Agreement (Fresh Foods Inc)

Performance by the Agent of Obligations. If any Obligor fails to perform any agreement or obligation contained herein, the Agent itself may perform, or cause performance of, such agreement or obligation, and the expenses of the Agent incurred in connection therewith shall be payable by the Obligors on a joint and several basis pursuant to Section 11 12 hereof.

Appears in 1 contract

Samples: Security Agreement (Ivex Packaging Corp /De/)

Performance by the Agent of Obligations. If any Obligor fails to perform any agreement or obligation contained herein, after notice by the Agent to the Obligor the Agent itself may perform, or cause performance of, such agreement or obligation, and the expenses of the Agent incurred in connection therewith shall be payable by the Obligors on a joint and several basis pursuant to Section 11 9 hereof.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Infocrossing Inc)

Performance by the Agent of Obligations. If any the Obligor fails to perform any agreement or obligation contained herein, after notice by the Agent to the Obligor the Agent itself may perform, or cause performance of, such agreement or obligation, and the expenses of the Agent incurred in connection therewith shall be payable by the Obligors on a joint and several basis Obligor pursuant to Section 11 9 hereof.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Infocrossing Inc)

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Performance by the Agent of Obligations. If any Obligor fails to perform any agreement or obligation contained herein, after notice by the Agent to such Obligor, the Agent itself may perform, or cause performance of, such agreement or obligation, and the expenses of the Agent incurred in connection therewith shall be payable by the Obligors on a joint and several basis pursuant to Section 11 9 hereof.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Infocrossing Inc)

Performance by the Agent of Obligations. If any Obligor fails to perform any agreement or obligation contained herein, the Agent itself may perform, or cause performance of, such agreement or obligation, and the expenses of the Agent incurred in connection therewith shall be payable by the Obligors on a joint and several basis pursuant to Section 11 24 hereof.

Appears in 1 contract

Samples: Credit Agreement (Delta Woodside Industries Inc /Sc/)

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