Common use of Purchaser May Perform Clause in Contracts

Purchaser May Perform. If any Grantor fails to perform any agreement contained herein, the Purchaser may, but without any obligation to do so and without notice, itself perform, or cause performance of, such agreement, and the expenses of the Purchaser incurred in connection therewith shall be payable by such Grantor under Section 20.

Appears in 2 contracts

Samples: Security Agreement (Ediets Com Inc), Security Agreement (Ediets Com Inc)

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Purchaser May Perform. If any Grantor of Grantors fails to perform any agreement contained herein, the Purchaser may, but without any obligation to do so and without notice, itself may perform, or cause performance of, such agreement, and the reasonable out-of-pocket expenses of the Purchaser incurred in connection therewith shall be payable severally by such Grantor under Section 20Grantors.

Appears in 1 contract

Samples: Security Agreement (Marina Biotech, Inc.)

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Purchaser May Perform. If any the Grantor fails to perform any agreement contained herein, the Purchaser may, but without any obligation to do so and without notice, may itself perform, or cause performance of, such agreement, and the expenses of the Purchaser incurred in connection therewith shall be payable by such the Grantor under Section 2014(b).

Appears in 1 contract

Samples: Security Agreement (Vision Twenty One Inc)

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