Common use of Secured Party May Perform Clause in Contracts

Secured Party May Perform. If Grantor fails to perform any agreement contained herein., Secured Party upon ten (10) days prior written notice to Grantor may itself perform, or cause performance of, such agreement, and the reasonable expenses of Secured Party incurred in connection therewith shall be payable by Grantor.

Appears in 4 contracts

Samples: Borrower Partnership Security Agreement (American Homepatient Inc), Subsidiary Partnership Security Agreement (American Homepatient Inc), Subsidiary Partnership Security Agreement (American Homepatient Inc)

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Secured Party May Perform. If Grantor fails to perform any agreement contained herein., Secured Party upon ten (10) days prior written notice to Grantor may itself perform, or cause performance of, such agreement, and the reasonable expenses of Secured Party incurred in connection therewith shall be payable by Grantor.

Appears in 4 contracts

Samples: Assignment and Subsidiary Security Agreement (American Homepatient Inc), Assignment and Borrower Security Agreement (American Homepatient Inc), Assignment and Subsidiary Security Agreement (American Homepatient Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein., the Secured Party upon may, after providing such Grantor ten (10) days prior written days' notice of any such Grantor's failure to Grantor may perform, itself perform, or cause performance of, such agreement, and the reasonable expenses of the Secured Party incurred in connection therewith shall be payable by Grantorsuch Grantor under Section 11.2 of the International Credit Agreement.

Appears in 1 contract

Samples: International Security Agreement (Natco Group Inc)

Secured Party May Perform. If Grantor fails to perform any agreement contained herein.herein or in the Note, Secured Party may, upon ten (10) days three days' prior written notice to Grantor may itself the Grantor, perform, or cause performance of, such agreement, and the reasonable expenses of Secured Party incurred in connection therewith shall be payable by GrantorGrantor under SECTION 22.

Appears in 1 contract

Samples: Security Agreement (Ifr Systems Inc)

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Secured Party May Perform. If Grantor fails to perform any agreement contained herein., the Secured Party upon ten may (10) but shall not be obligated to), after 3 days prior written notice and the continued failure of Grantor to Grantor may perform, itself perform, or cause performance of, such agreement, and the reasonable expenses of the Secured Party incurred in connection therewith shall be payable by the Grantor.

Appears in 1 contract

Samples: Security and Pledge Agreement (Alpnet Inc)

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