Common use of Pledgee May Perform Clause in Contracts

Pledgee May Perform. If any Pledgor fails to perform any agreement contained herein, the Agent and/or Pledgees may itself perform, or cause performance of, such agreement, and the expenses of the Agent and/or Pledgees incurred in connection therewith shall be payable by such Pledgor under Section 14 hereof.

Appears in 7 contracts

Samples: Pledge and Security Agreement (Ifan Financial, Inc.), Pledge and Security Agreement (Solar Wind Energy Tower, Inc.), Pledge and Security Agreement (Fearless International, Inc.)

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Pledgee May Perform. If any the Pledgor fails to perform any agreement contained herein, the Agent and/or Pledgees Pledgee may itself perform, or cause performance of, such agreement, and the expenses of the Agent and/or Pledgees Pledgee incurred in connection therewith shall be payable by such the Pledgor under Section 14 hereof11.

Appears in 6 contracts

Samples: Employment Agreement (Xoma LTD /De/), Employment Agreement (Xoma LTD), Employment Agreement (Xoma LTD)

Pledgee May Perform. If any the Pledgor fails to perform any agreement contained herein, after receipt of a written request from the Agent and/or Pledgees Pledgee to do so, the Pledgee may (but shall have no obligation to) itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent and/or Pledgees Pledgee incurred in connection therewith shall be payable by such the Pledgor under Section 14 15(b) hereof.

Appears in 5 contracts

Samples: Pledge Agreement (Flagstone Reinsurance Holdings LTD), Pledge Agreement (Aspen Insurance Holdings LTD), Pledge Agreement (Pxre Group LTD)

Pledgee May Perform. If any Pledgor fails to perform any agreement contained herein, the Agent and/or Pledgees may itself perform, or cause performance of, such agreement, and the expenses of the Agent and/or Pledgees incurred in connection therewith shall be payable by such Pledgor under Section 14 12 hereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (Vuzix Corp)

Pledgee May Perform. If any Pledgor fails to perform any agreement contained herein, the Agent and/or Pledgees Pledgee may itself perform, or cause performance of, such agreement, and the expenses of the Agent and/or Pledgees Pledgee incurred in connection therewith shall be payable by such Pledgor under Section 14 hereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (FONU2 Inc.)

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Pledgee May Perform. If any Pledgor fails to perform any agreement contained herein, the Agent and/or Pledgees Pledgee may itself perform, or cause performance of, such agreement, and the expenses of the Agent and/or Pledgees Pledgee incurred in connection therewith shall be payable by such the Pledgor under Section 14 hereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (Beyond Commerce)

Pledgee May Perform. If any Pledgor fails to perform any agreement contained herein, the Agent and/or Pledgees may itself perform, or cause performance of, such agreement, and the expenses of the Agent and/or Pledgees incurred in connection therewith shall be payable by such Pledgor under Section 14 hereofPledgor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Grom Social Enterprises, Inc.)

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