Common use of Performance of Debtor Obligations Clause in Contracts

Performance of Debtor Obligations. The Administrative Agent may perform or pay any obligation which any Debtor has agreed to perform or pay, but has failed to timely perform or pay under or in connection with this Agreement, and each Debtor shall reimburse the Administrative Agent on demand for any amounts paid by the Administrative Agent pursuant to this subsection (b).

Appears in 2 contracts

Samples: Credit Agreement (Flow International Corp), Security Agreement (Flow International Corp)

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Performance of Debtor Obligations. The Administrative Agent may perform or pay any obligation which any Debtor has agreed to perform or pay, but has failed to timely perform or pay under or in connection with this Agreement, and each Debtor the Debtors shall reimburse the Administrative Agent on demand in accordance with the Credit Agreement for any amounts paid by the Administrative Agent pursuant to this subsection (b).

Appears in 2 contracts

Samples: Fourth Amended and Restated Security Agreement (Greenbrier Companies Inc), Third Amended and Restated Security Agreement (Greenbrier Companies Inc)

Performance of Debtor Obligations. The Administrative Agent may perform or pay any obligation which any Debtor has agreed to perform or pay, but has failed to timely perform or pay under or in connection with this Agreement, and each Debtor shall reimburse the Administrative Agent on demand for any amounts paid by the Administrative Agent pursuant to this subsection (b).

Appears in 1 contract

Samples: Security Agreement (Getty Images Inc)

Performance of Debtor Obligations. The Administrative Agent may perform or pay any obligation which any the Debtor has agreed to perform or pay, but has failed to timely perform or pay under or in connection with this Agreement, and each the Debtor shall reimburse the Administrative Agent on demand for any amounts paid by the Administrative Agent pursuant to this subsection (b).

Appears in 1 contract

Samples: Security Agreement (Getty Images Inc)

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Performance of Debtor Obligations. The If Debtor fails to perform any agreement contained herein, the Administrative Agent may perform or pay any obligation which any the Debtor has agreed to perform or pay, but has failed to timely perform or pay under or in connection with this Agreement, and each the Debtor shall reimburse the Administrative Agent on demand for any reasonable amounts paid by the Administrative Agent pursuant to this subsection (b).

Appears in 1 contract

Samples: Amended and Restated Security Agreement (Greenbrier Companies Inc)

Performance of Debtor Obligations. The Administrative Agent may perform or pay any obligation which any the Debtor has agreed to perform or pay, but has failed to timely perform or pay pay, under or in connection with this Agreement, and each the Debtor shall reimburse the Administrative Agent on demand for any amounts paid by the Administrative Agent pursuant to this subsection (b).

Appears in 1 contract

Samples: Security Agreement (Flow International Corp)

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