Common use of Secured Party May Perform Clause in Contracts

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b).

Appears in 3 contracts

Samples: Credit Agreement (Urs Corp /New/), Security Agreement (Panolam Industries International Inc), Credit Agreement (Sybron Dental Specialties Inc)

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Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors such Grantor under Section 18(b20(b).

Appears in 2 contracts

Samples: Security Agreement (Arterial Vascular Engineering Inc), Credit Agreement (DMW Worldwide Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b17(b).

Appears in 2 contracts

Samples: Security Agreement (Urs Corp /New/), Security Agreement (Talbots Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors such Grantor under Section 18(b)20.

Appears in 2 contracts

Samples: Subsidiary Security Agreement (Players International Inc /Nv/), Subsidiary Security Agreement (Players International Inc /Nv/)

Secured Party May Perform. If any the Grantor fails to perform any agreement contained herein, the Secured Party may itself perform, or cause performance of, such agreement, and the expenses of the Secured Party incurred in connection therewith shall be payable by Grantors the Grantor under Section 18(b)19.

Appears in 2 contracts

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

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors such Grantor under Section 18(b)17.

Appears in 2 contracts

Samples: Copyright Security Agreement (Zilog Inc), Subsidiary Security Agreement (Zilog Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)17.

Appears in 2 contracts

Samples: Issuer Pledge and Security Agreement (Nevada Geothermal Power Inc), Company Security Agreement (Zilog Inc)

Secured Party May Perform. If any Grantor fails to perform ------------------------- any agreement contained hereinherein within the time provided for performance hereunder, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)16.

Appears in 2 contracts

Samples: Trademark Collateral Security Agreement (Afc Enterprises Inc), Patent and Copyright Collateral Security Agreement (Afc Enterprises Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b19(b).

Appears in 2 contracts

Samples: Security Agreement (Insignia Solutions PLC), Credit Agreement (Blackbaud Inc)

Secured Party May Perform. If Upon the occurrence and during the continuation of an Event of Default, if any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under in accordance with Section 18(b)) hereof.

Appears in 2 contracts

Samples: Credit Agreement (United Online Inc), Security Agreement (United Online Inc)

Secured Party May Perform. If any Grantor fails to perform ------------------------- any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)15.

Appears in 2 contracts

Samples: Subsidiary Trademark Security Agreement (Diamond Brands Operating Corp), Subsidiary Trademark Security Agreement (Diamond Brands Operating Corp)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under subsections 10.2 and 10.3 of the Credit Agreement and Section 18(b)19 hereof.

Appears in 2 contracts

Samples: Security Agreement (Isle of Capri Casinos Inc), Security Agreement (Isle of Capri Casinos Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained hereinan Event of Default has occurred and remains continuing, Secured Party may itself perform, or cause performance of, such agreementany agreement of Grantor hereunder that Grantor has failed to perform, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b).

Appears in 2 contracts

Samples: Amended and Restated Security Agreement (Unified Grocers, Inc.), Security Agreement (Unified Grocers, Inc.)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)18.

Appears in 2 contracts

Samples: Credit Agreement (Dominicks Supermarkets Inc), Security Agreement (Ditech Corp)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b15(b).

Appears in 2 contracts

Samples: Credit Agreement (Sunrise Medical Inc), Security Agreement (Wolverine Tube Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b)subsection 10.2 of the Credit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Regent Communications Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)SECTION 18.

Appears in 1 contract

Samples: Security Agreement (Santa Fe Gaming Corp)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance ofperformance, of such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b)) hereof.

Appears in 1 contract

Samples: Security Agreement (Bare Escentuals Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors such Grantor under Section 18(b)16.

Appears in 1 contract

Samples: Subsidiary Security Agreement (Zilog Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b)21.

Appears in 1 contract

Samples: Subsidiary Security Agreement (American Homepatient Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the reasonable costs and expenses of Secured Party (including any payments made in respect of taxes or insurance) incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)17 hereof.

Appears in 1 contract

Samples: Note Purchase Agreement (Clean Energy Fuels Corp.)

Secured Party May Perform. If any Grantor fails to perform ------------------------- any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)18.

Appears in 1 contract

Samples: Security Agreement (Sahara Gaming Corp)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors such Grantor under Section 18(bSECTION 20(b).

Appears in 1 contract

Samples: Security Agreement (Merrill Corp)

Secured Party May Perform. If any Grantor fails to perform ------------------------- any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)17.

Appears in 1 contract

Samples: Subsidiary Trademark Security Agreement (Sandhills Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)19. 379 SECTION 16.

Appears in 1 contract

Samples: Credit Agreement (Dominicks Supermarkets Inc)

Secured Party May Perform. If any Grantor fails to ------------------------- perform any agreement contained herein within the period provided herein, upon reasonable notice, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)19.

Appears in 1 contract

Samples: Subsidiary Security Agreement (Pantry Inc)

Secured Party May Perform. If any Grantor fails to perform ------------------------- any agreement contained herein within the period provided herein, upon reasonable notice, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)19.

Appears in 1 contract

Samples: Subsidiary Security Agreement (Sandhills Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors such Grantor under Section 18(b)18.

Appears in 1 contract

Samples: Company and Subsidiary Patent and Trademark Security Agreement (Zilog Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained hereinherein as herein provided, the Secured Party may during the continuance of an Event of Default or if no Event of Default then exists and such failure is reasonably related to maintaining the value of the Collateral, upon Grantor's failure to do so after 10 days notice from Secured Party requiring such action, itself perform, or cause performance of, such agreement, and the reasonable expenses of the Secured Party incurred in connection therewith shall be payable by Grantors such Grantor under Section 18(b)22.

Appears in 1 contract

Samples: Security Agreement (Wyndham Hotel Corp)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreementagreement in order to protect Secured Party's interests in the Collateral, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)subsection 10.2 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Bell Industries Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, of such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b)) hereof.

Appears in 1 contract

Samples: Security Agreement (Bare Escentuals Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, the Secured Party may itself perform, or cause performance of, such agreement, and the expenses of the Secured Party incurred in connection therewith shall be payable by the Grantors under Section 18(b)14(b) hereof.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Levi Strauss & Co)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the reasonable expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b14(b).

Appears in 1 contract

Samples: Security Agreement (Fibercore Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, the Secured Party may itself perform, or cause performance of, such agreement, and the expenses of the Secured Party incurred in connection therewith shall be payable by the Grantors under Section 18(b).) hereof. -------------

Appears in 1 contract

Samples: Pledge and Security Agreement (Levi Strauss & Co)

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Secured Party May Perform. If any Grantor of Grantors fails to perform any agreement contained herein, the Secured Party may itself perform, or cause performance of, such agreement, and the reasonable expenses of such Secured Party incurred in connection therewith shall be payable payable, jointly and severally, by Grantors under Section 18(b)Grantors.

Appears in 1 contract

Samples: Security Agreement (Valley Forge Composite Technologies, Inc.)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the reasonable out-of-pocket expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b19(b).

Appears in 1 contract

Samples: Security Agreement (Horseshoe Gaming Holding Corp)

Secured Party May Perform. If any Issuer or Grantor fails fail to perform any agreement contained herein, the Secured Party may itself perform, or cause performance of, of such agreement, and the expenses of the Secured Party incurred in connection therewith shall be payable by Grantors Issuer or Grantor under Section 18(b)13(b) hereof.

Appears in 1 contract

Samples: Security Agreement (Ampex Corp /De/)

Secured Party May Perform. If Upon the occurrence and during the continuance of an Event of Default, if any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b).

Appears in 1 contract

Samples: Security Agreement (Brand Services)

Secured Party May Perform. If any Grantor of Grantors fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the reasonable out-of-pocket expenses of Secured Party incurred in connection therewith shall be payable payable, jointly and severally, by Grantors under Section 18(b)Grantors.

Appears in 1 contract

Samples: Patent Security Agreement (Evergreen Energy Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b20(b).

Appears in 1 contract

Samples: Security Agreement (Total Renal Care Holdings Inc)

Secured Party May Perform. If any Grantor fails to perform ------------------------- any agreement contained herein during the period provided herein, upon reasonable notice, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)17.

Appears in 1 contract

Samples: Company Trademark Security Agreement (Sandhills Inc)

Secured Party May Perform. If any Grantor fails to perform ------------------------- any agreement contained herein within the period provided herein, upon reasonable notice, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)subsection 10.2 of the Credit Agreement.

Appears in 1 contract

Samples: Company Security Agreement (Sandhills Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)SECTION 18.

Appears in 1 contract

Samples: Security Agreement (Jni Corp)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)21.

Appears in 1 contract

Samples: Borrower Security Agreement (American Homepatient Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by the Grantors under Section 18(b)) hereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (Levi Strauss & Co)

Secured Party May Perform. If any the Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors the Grantor under Section 18(b13(b).

Appears in 1 contract

Samples: Reimbursement and Security Agreement (Empyrean Bioscience Inc)

Secured Party May Perform. (a) If any the Grantor fails to perform any agreement contained herein, the Secured Party may itself perform, or cause performance of, such agreement, and the expenses of the Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b)the Grantor to the fullest extent permitted by applicable law.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Merlin Software Technologies International Inc)

Secured Party May Perform. If any Grantor fails to perform ------------------------- any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)19.

Appears in 1 contract

Samples: Security Agreement (Diamond Brands Operating Corp)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreementagreement in order to protect Secured Party's interest in the Collateral, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)17.

Appears in 1 contract

Samples: Credit Agreement (Bell Industries Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of (but shall not be obligated to perform or cause the performance of), such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b)19(b) hereof.

Appears in 1 contract

Samples: Security Agreement (Ironton Iron Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b)16(b) hereof.

Appears in 1 contract

Samples: Security Agreement (Reliance Steel & Aluminum Co)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may may, after prior written notice to such Grantor and a reasonable opportunity to cure, itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be jointly and severally payable by Grantors under Section 18(b19(b).

Appears in 1 contract

Samples: Security Agreement (Loewen Group Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors such Grantor under Section 18(b)subsection 10.2 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Blackbaud Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors Grantor under Section 18(b)subsection 10.2 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Andros Holdings Inc)

Secured Party May Perform. If After the occurrence and continuance of an Event of Default and after notice to Grantor, if any Grantor fails to perform any agreement contained herein, Secured Party may itself perform, or cause performance of, such agreement, and the expenses of Secured Party incurred in connection therewith shall be payable by Grantors under Section 18(b)) hereof.

Appears in 1 contract

Samples: Security Agreement (American Oil & Gas Inc)

Secured Party May Perform. If any Grantor fails to perform any agreement contained herein, the Secured Party may itself perform, or cause performance of, such agreement, agreement and the expenses of the Secured Party incurred in connection therewith shall will be payable by the Grantors under Section 18(b20(a).

Appears in 1 contract

Samples: Collateral Agreement (Opentable Inc)

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