Performance of Pledgor's Duties. In furtherance, and not by way of limitation, of the foregoing subsections 8.1 and 8.2, if (at any time either before or after the occurrence of an Event of Default) a Pledgor fails to perform any agreement contained herein, the Agent may (but under no circumstance is obligated to) perform such agreement and any expenses incurred shall be payable by such Pledgor and its Subsidiaries; provided, however, that nothing herein shall be deemed to relieve a Pledgor from fulfilling any of its obligations hereunder.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Security Devices International Inc.), Securities Purchase Agreement (Nestor Inc), Pledge Agreement (Nestor Inc)
Performance of Pledgor's Duties. In furtherance, and not by way of limitation, of the foregoing subsections 8.1 9.1 and 8.29.2, if (at any time either before or after the occurrence of an Event of Default) a the Pledgor fails to perform any agreement contained herein, the Agent may (but under no circumstance is obligated to) perform such agreement and any expenses incurred shall be payable by such Pledgor the Borrower and its Subsidiaries; Subsidiaries provided, however, that nothing herein shall be deemed to relieve a the Pledgor from fulfilling any of its obligations hereunder.
Appears in 2 contracts
Samples: Stock Pledge Agreement (Lenfest Communications Inc), Credit Agreement (Susquehanna Media Co)
Performance of Pledgor's Duties. In furtherance, and not by way of limitation, of the foregoing subsections 8.1 and 8.2, if (at any time either before or after the occurrence of an Event of Default) a the Pledgor fails to perform any agreement contained herein, the Agent may (but under no circumstance is obligated to) perform such agreement and any expenses incurred shall be payable by such the Pledgor and its Subsidiaries; Subsidiaries provided, however, that nothing herein shall be deemed to relieve a the Pledgor from fulfilling any of its obligations hereunder.
Appears in 1 contract
Performance of Pledgor's Duties. In furtherance, and not by way of limitation, of the foregoing subsections 8.1 9.1 and 8.29.2, if (at any time either before or after the occurrence of an Event of Default) a the Pledgor fails to perform any agreement contained herein, the Agent may (but under no circumstance is obligated to) perform such agreement and any expenses incurred shall be payable by such Pledgor and its Subsidiaries; the Borrower provided, however, that nothing herein shall be deemed to relieve a the Pledgor from fulfilling any of its obligations hereunder.
Appears in 1 contract
Performance of Pledgor's Duties. In furtherance, and not by way of limitation, of the foregoing subsections 8.1 9.1 and 8.29.2, if (at any time either before or after the occurrence of an Event of Default) a Pledgor fails to perform any agreement contained herein, the Agent may (but under no circumstance is obligated to) perform such agreement and any expenses incurred shall be payable by such Pledgor the Borrower and its Subsidiaries; Subsidiaries provided, however, that nothing herein shall be deemed to relieve a Pledgor from fulfilling any of its obligations hereunder.
Appears in 1 contract
Performance of Pledgor's Duties. In furtherance, and not by way of limitation, of the foregoing subsections 8.1 and 8.2subsection 8.1, if (at any time either before or after the occurrence of an Event of Default) a Pledgor fails to perform any agreement contained herein, the Agent Trustee may (but under no circumstance is obligated to) perform such agreement and any expenses incurred shall be payable by such Pledgor and its Subsidiaries; provided, however, that nothing herein shall be deemed to relieve a Pledgor from fulfilling any of its obligations hereunder.
Appears in 1 contract
Samples: Trust Indenture (Security Devices International Inc.)
