Common use of Pledgee’s Rights to Perform for Pledgor Clause in Contracts

Pledgee’s Rights to Perform for Pledgor. If Pledgor shall at any time --------------------------------------- fail to perform or comply with any of its covenants and agreements hereunder, Pledgee may (but shall not be required or obligated to) take such action, in its own name and capacity or as Pledgor's attorney-in-fact, as Pledgee shall deem necessary or desirable to effect such performance or compliance.

Pledgee’s Rights to Perform for Pledgor. If Pledgor shall at any time --------------------------------------- fail to perform or comply with any of its covenants and agreements hereunder, Pledgee may (but shall not be required or obligated to) ), upon reasonable advance written notice to Pledgor, take such action, in its own name and capacity or as Pledgor's attorney-in-fact, as Pledgee shall deem necessary or desirable to effect such performance or compliance.. ARTICLE 12

Pledgee’s Rights to Perform for Pledgor. If Pledgor shall at any time --------------------------------------- fail to perform or comply with any of its covenants and agreements hereunder, Pledgee may (but shall not be required or obligated to) take such action, in its own name and capacity or as Pledgor's ’s attorney-in-fact, as Pledgee shall deem necessary or desirable to effect such performance or compliance.

Pledgee’s Rights to Perform for Pledgor. If Pledgor shall at any --------------------------------------- time --------------------------------------- fail to perform or comply with any of its covenants and agreements hereunder, Pledgee may (but shall not be required or obligated to) take such action, in its own name and capacity or as Pledgor's attorney-in-fact, as Pledgee shall deem necessary or desirable to effect such performance or compliance.