Common use of Pledgee to Perform Clause in Contracts

Pledgee to Perform. If Pledgor fails to perform any agreement contained herein, Pledgee may itself perform, or cause performance of, such agreement, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor in accordance with Section 17 hereof.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Teltronics Inc), Pledge Agreement (IHL Investments, LLC), Pledge and Security Agreement (Delta Petroleum Corp/Co)

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Pledgee to Perform. If Pledgor fails to perform any agreement contained herein, Pledgee may may, following the occurrence of an Event of Default, itself perform, or cause performance of, such agreement, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor in accordance with Section 17 16 hereof.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Cedar Shopping Centers Inc), Pledge and Security Agreement (Cedar Shopping Centers Inc)

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