Common use of THE ADMINISTRATIVE AGENT'S RIGHT TO XXX Clause in Contracts

THE ADMINISTRATIVE AGENT'S RIGHT TO XXX. Upon the occurrence and during the continuance of an Event of Default, the Administrative Agent shall have the right, but shall not be obligated, to bring suit in its own name to enforce the Patents, the Trademarks and the Licenses and, if the Administrative Agent shall commence any such suit, the Borrower shall, at the request of the Administrative Agent, do any and all lawful acts and execute any and all proper documents required by the Administrative Agent in aid of such enforcement. The Borrower shall, upon demand, promptly reimburse the Administrative Agent for all actual costs and expenses incurred by the Administrative Agent in the exercise of its rights under this PARAGRAPH 9 (including, without limitation, reasonable fees and expenses of counsel for the Administrative Agent).

Appears in 1 contract

Samples: Credit Agreement (Aavid Thermal Technologies Inc)

AutoNDA by SimpleDocs

THE ADMINISTRATIVE AGENT'S RIGHT TO XXX. Upon the occurrence and during the continuance of an Event of Default, the Administrative Agent shall have the right, but shall not be obligated, to bring suit in its own name to enforce the Patents, the Trademarks and the Licenses and, if the Administrative Agent shall commence any such suit, the Borrower Grantor shall, at the request of the Administrative Agent, do any and all lawful acts and execute any and all proper documents required by the Administrative Agent in aid of such enforcement. The Borrower Grantor shall, upon demand, promptly reimburse the Administrative Agent for all actual costs and expenses incurred by the Administrative Agent in the exercise of its rights under this PARAGRAPH 9 (including, without limitation, reasonable fees and expenses of counsel for the Administrative Agent).

Appears in 1 contract

Samples: Credit Agreement (Aavid Thermal Technologies Inc)

THE ADMINISTRATIVE AGENT'S RIGHT TO XXX. Upon Following the occurrence and during the continuance of an Event of Default, the Administrative Agent shall have the right, but shall not be obligated, to bring suit in its own name to enforce the Patents, the Trademarks and the Licenses and, if the Administrative Agent shall commence any such suit, the Borrower each Grantor shall, at the request of the Administrative Agent, do any and all lawful acts and execute any and all proper documents reasonably required by the Administrative Agent in aid of such enforcement. The Borrower applicable Grantor shall, upon demand, promptly reimburse the Administrative Agent for all actual reasonable costs and expenses incurred by the Administrative Agent in the exercise of its rights under this PARAGRAPH 9 paragraph 10 (including, without limitation, reasonable fees and expenses of counsel attorneys and paralegals for the Administrative Agent).

Appears in 1 contract

Samples: Trademark Security Agreement (Inergy L P)

AutoNDA by SimpleDocs

THE ADMINISTRATIVE AGENT'S RIGHT TO XXX. Upon From and after the occurrence and during the continuance of an Event of Default, the Administrative Agent shall have the right, but shall not be obligated, to bring suit in its own name to enforce the Patents, the Trademarks and the Licenses and, if the Administrative Agent shall commence any such suit, the Borrower Grantors shall, at the request of the Administrative Agent, do any and all lawful acts and execute any and all proper documents required by the Administrative Agent in aid of such enforcement. The Borrower Grantors shall, upon demand, promptly reimburse the Administrative Agent for all actual costs and expenses incurred by the Administrative Agent in the exercise of its rights under this PARAGRAPH 9 13 (including, without limitation, reasonable fees and expenses of counsel attorneys and paralegals for the Administrative Agent).

Appears in 1 contract

Samples: Trademark Security Agreement (Barneys New York Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.