Common use of Performance by the Agent Clause in Contracts

Performance by the Agent. If any Facility Party fails to perform any of its obligations under this Agreement or any other Loan Document or any Management Document in a timely fashion, the Agent shall be entitled, but not obliged, to perform such obligation at the expense of the Borrower and without waiving any rights that it may have with respect to such breach.

Appears in 7 contracts

Samples: Warehouse Loan Agreement (Trinity Industries Inc), Warehouse Loan Agreement (Trinity Industries Inc), Warehouse Loan Agreement (Trinity Industries Inc)

AutoNDA by SimpleDocs

Performance by the Agent. If any Facility Party fails to perform any of its obligations under this Agreement or any other Loan Document or any the Management Document Agreement in a timely fashion, the Agent shall be entitled, but not obliged, to perform such obligation at the expense of the Borrower and without waiving any rights that it may have with respect to such breach.

Appears in 2 contracts

Samples: Revolving Asset Based Loan Agreement (Andersons, Inc.), Revolving Asset Based Loan Agreement (Andersons, Inc.)

AutoNDA by SimpleDocs

Performance by the Agent. If any Facility Party fails to perform any of its obligations under this Agreement or any other Loan Document or any Management Servicing Document in a timely fashion, the Agent shall be entitled, but not obliged, to perform such obligation at the expense of the Borrower and without waiving any rights that it may have with respect to such breach.

Appears in 1 contract

Samples: Term Loan Agreement (Trinity Industries Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!