PERFORMANCE OF DEBTOR'S DUTIES. Upon Debtor's failure to perform any of its duties under the Transaction Documents, including, without limitation, the duty to obtain insurance as specified in Section 10.11, Secured Party may, but shall not be obligated to, perform any or all such duties.
Appears in 6 contracts
Samples: Loan and Security Agreement (Delsoft Consulting Inc), Loan and Security Agreement (Computone Corporation), Loan and Security Agreement (FFP Partners L P)
PERFORMANCE OF DEBTOR'S DUTIES. Upon Debtor's failure to perform any of its duties under the Transaction Documents, including, without limitation, the duty to obtain insurance as specified in Section 10.119.11, Secured Party may, but shall not be obligated to, perform any or all such duties.
Appears in 4 contracts
Samples: Loan and Security Agreement (Napco Security Systems Inc), Loan and Security Agreement (Otr Express Inc/Ks), Loan and Security Agreement (Napco Security Systems Inc)
PERFORMANCE OF DEBTOR'S DUTIES. Upon Debtor's failure to perform any of its duties under the Transaction Documents, including, without limitation, the duty to obtain insurance as specified in Section 10.119.11, Secured Party may, but shall not be obligated to, perform any or all such duties.duties following written notice to Debtor or during the continuance of an Event of Default. 13.3
Appears in 1 contract
Samples: Loan and Security Agreement (Mercury Air Group Inc)
PERFORMANCE OF DEBTOR'S DUTIES. Upon Debtor's failure to perform any of its duties under the Transaction Documents, including, without limitation, the duty to obtain insurance as specified in Section 10.117.11, Secured Party may, but shall not be obligated to, perform any or all such duties.
Appears in 1 contract
