Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantors, perform any act which any Grantor agrees hereunder to perform and which such Grantor shall fail to perform after being requested to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any Event of Default), and the Administrative Agent may from time to time take any other action which the Administrative Agent deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 7 contracts
Samples: Subordinated Security Agreement, Security Agreement (CatchMark Timber Trust, Inc.), Security Agreement (CatchMark Timber Trust, Inc.)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any each Grantor agrees hereunder to perform and which such Grantor shall fail to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any an Event of Default), ) and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 6 contracts
Samples: Security Agreement (Sterling Chemicals Inc), Fixed Assets Secured Parties Security Agreement (Sterling Chemical Inc), Fixed Assets Security Agreement (Sterling Chemical Inc)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the GrantorsGrantor, perform any act which any the Grantor agrees hereunder to perform and which such the Grantor shall fail to perform after being requested to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any Event of Default), and the Administrative Agent may from time to time take any other action which the Administrative Agent deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 5 contracts
Samples: Security Agreement (CatchMark Timber Trust, Inc.), Security Agreement (CatchMark Timber Trust, Inc.), Security Agreement (Wells Timberland REIT, Inc.)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any Event of a Specified Default), ) and the Administrative Agent may from time to time take any other action which the Administrative Agent deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 4 contracts
Samples: Credit Agreement (Sabre Industries, Inc.), Credit Agreement (Asyst Technologies Inc), Pledge and Security Agreement (Ferro Corp)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given made after the occurrence and during the continuance of any an Event of Default), ) and the Administrative Agent may from time to time take any other action which the Administrative Agent deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 3 contracts
Samples: Pledge and Security Agreement (MDxHealth SA), Pledge and Security Agreement (Verrica Pharmaceuticals Inc.), Pledge and Security Agreement (AVITA Medical, Inc.)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantors, perform any act which any Grantor agrees hereunder to perform and which such Grantor shall fail to perform after being requested to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any failure has caused an Event of Default)Default to exist, and the Administrative Agent may from time to time take any other action which the Administrative Agent deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 2 contracts
Samples: Credit Agreement (Applied Medical Corp), Credit Agreement (Applied Medical Corp)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any the Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any Event of Default), a Specified Event) and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 2 contracts
Samples: Credit Agreement (United Surgical Partners International Inc), Pledge and Security Agreement (Commemorative Brands Inc)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any Event of Default), a Specified Event) and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 2 contracts
Samples: Credit Agreement (United Surgical Partners International Inc), Subsidiary Pledge and Security Agreement (Commemorative Brands Inc)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any Event a Default of Default), the type described in Section 8.1.9 of the Credit Agreement) and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 2 contracts
Samples: Subsidiary Security and Pledge Agreement (Associated Materials Inc), Subsidiary Security and Pledge Agreement (AMH Holdings, Inc.)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any an Event of Default), ) and the Administrative Agent may from time to time take any other action which the Administrative Agent deems reasonably necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 2 contracts
Samples: First Lien Pledge and Security Agreement, First Lien Pledge and Security Agreement (Energy XXI Gulf Coast, Inc.)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to perform and is required to do so perform under this Agreement (it being understood that no such request need be given made after the occurrence and during the continuance continuation of any an Event of Default), ) and the Administrative Agent may from time to time take any other action which the Administrative Agent, the Origination Agent or the Required Lenders deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 2 contracts
Samples: Credit Agreement (Acutus Medical, Inc.), Pledge and Security Agreement (Acutus Medical, Inc.)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any the Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any Event a Default of Default), the type described in Section 8.1.9 of the Credit Agreement) and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 2 contracts
Samples: Borrower Security and Pledge Agreement (Associated Materials Inc), Borrower Security and Pledge Agreement (AMH Holdings, Inc.)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any such Grantor agrees hereunder to perform and which such Grantor shall fail to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any an Event of Default), and the Administrative Agent may from time to time take any other action which the Administrative Agent deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 1 contract
Samples: Subsidiary Security and Pledge Agreement (Nextel Partners Inc)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any a Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any an Event of Default), ) and the Administrative Agent may from time to time take any other action which the Administrative Agent deems reasonably necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 1 contract
Samples: Credit Agreement (Constellation Energy Partners LLC)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any Event of a Specified Default), ) and the Administrative Agent may from time to time take any other action which the Administrative Agent deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.. MISCELLANEOUS PROVISIONS
Appears in 1 contract
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any each Grantor agrees hereunder to perform and which such Grantor shall fail to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any Event of a Specified Default), ) and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 1 contract
Samples: Security and Pledge Agreement (World Almanac Education Group Inc)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which that any Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any an Event of Default), ) and the Administrative Agent may from time to time take any other action which that the Administrative Agent deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 1 contract
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantors, perform any act which any Grantor agrees hereunder to perform and which such Grantor shall fail to perform after being requested to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any Event of Default), and the Administrative Agent may from time to time take any other action which the Administrative Agent deems necessary or appropriate appropriate, in the Administrative Agent’s reasonable opinion, for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 1 contract
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any the Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any an Event of Default), ) and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 1 contract
Samples: Borrower Pledge and Security Agreement (Reddy Ice Holdings Inc)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any an Event of Default), ) and the Administrative Agent may from time to time take any other action which the Administrative Agent reasonably deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 1 contract
Samples: Pledge and Security Agreement (Reddy Ice Holdings Inc)
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any the Grantor agrees hereunder to perform and which such Grantor shall fail fails to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any Event of a Specified Default), ) and the Administrative Agent may from time to time take any other action which the Administrative Agent deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 1 contract
Protection of Collateral. The Administrative Agent may from time to time, at its option and at the expense of the Grantorsoption, perform any act which any the Grantor agrees hereunder to perform and which such the Grantor shall fail to perform after being requested in writing so to so perform (it being understood that no such request need be given after the occurrence and during the continuance of any an Event of Default), and the Administrative Agent may from time to time take any other action which the Administrative Agent deems necessary or appropriate for the maintenance, preservation or protection of any of the Collateral or of its security interest therein.
Appears in 1 contract
Samples: Borrower Security and Pledge Agreement (Nextel Partners Inc)
