Common use of Right to Perform Lessee's Agreements Clause in Contracts

Right to Perform Lessee's Agreements. If Lessee fails to perform any of its agreements contained herein or in any other Operative Agreement within the time period specified therefor, so long as no Event of Default has occurred and is continuing, Administrative Agent, upon written instructions from Required Lessors and receipt by Administrative Agent (and one or more Lessors) of indemnification satisfactory to it, and, upon 3 Business Days' prior notice to Lessee, may perform such agreement and the fees and expenses incurred by Administrative Agent (or one or more Lessors) in connection with such performance together with interest thereon shall be payable by Lessee upon demand. Interest on fees and expenses so incurred by Administrative Agent (or one or more Lessors) shall accrue at the rate provided in Section 3.2 for overdue payments.

Right to Perform Lessee's Agreements. If Lessee fails Lessees fail to perform any of its their agreements contained herein or in any other Operative Agreement within the time period specified therefor, so long as no whether or not an Event of Default has occurred and is continuing, Administrative Agent, upon written instructions from Required Lessors and receipt by Administrative Agent (and one or more Lessors) of indemnification satisfactory to it, and, upon and with 3 Business Days' prior notice to LesseeLessees' Representative, may perform such agreement and the fees and expenses incurred by Administrative Agent (or one or more Lessors) in connection with such performance together with interest thereon shall be payable by Lessee Lessees upon demand. Interest on fees and expenses so incurred by Administrative Agent (or one or more Lessors) Lessors shall accrue at the rate provided in Section 3.2 for overdue payments.

Right to Perform Lessee's Agreements. If Lessee fails to perform any of its agreements contained herein or in any other Operative Agreement within the time period specified therefor, so long as no whether or not an Event of Default has occurred and is continuing, Administrative Agent, upon written instructions from Required Lessors and receipt by Administrative Agent (and one or more Lessors) of indemnification satisfactory to it, and, upon 3 Business Days' prior notice to Lessee, may perform such agreement and the fees and expenses incurred by Administrative Agent (or one or more Lessors) in connection with such performance together with interest thereon shall be payable by Lessee upon demand. Interest on fees and expenses so incurred by Administrative Agent (or one or more Lessors) shall accrue at the rate provided in Section 3.2 for overdue payments.

Right to Perform Lessee's Agreements. If Lessee fails to perform any of its agreements contained herein or in any other Operative Agreement within the time period specified therefor, so long as no whether or not an Event of Default has occurred and is continuing, Administrative Agent, upon written instructions from Required Lessors and receipt by Administrative Agent (and one or more Lessors) of indemnification satisfactory to it, and, upon 3 Business Days' Days prior notice to Lessee, may perform such agreement and the fees and expenses incurred by Administrative Agent (or one or more Lessors) in connection with such performance together with interest thereon shall be payable by Lessee upon demand. Interest on fees and expenses so incurred by Administrative Agent (or one or more Lessors) shall accrue at the rate provided in Section 3.2 for overdue payments.