The Pledgee May Perform. If the Pledgor fails to perform any agreement contained herein, the Pledgee may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by the Pledgor under Section 17.
Appears in 4 contracts
Samples: Pledge Agreement (Reschke Michael W), Pledge Agreement (Reschke Michael W), Pledge Agreement (Horizon Group Properties Inc)
The Pledgee May Perform. If the Pledgor fails to perform any agreement contained herein, the Pledgee may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by the Pledgor under Section 1716.
Appears in 2 contracts
Samples: Securities Pledge Agreement (Tarpon Industries, Inc.), Securities Pledge Agreement (Colonial Commercial Corp)
The Pledgee May Perform. If the Pledgor fails to perform any agreement contained herein, the Pledgee may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by the Pledgor under Section 1718 of this Agreement.
Appears in 1 contract
Samples: Securities Pledge Agreement (Keystone Consolidated Industries Inc)
The Pledgee May Perform. If the Pledgor fails to perform any agreement contained herein, subject to the terms of the Subordination Agreement, the Pledgee may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by the Pledgor under Section 1716.
Appears in 1 contract
Samples: Security Agreement (Air T Inc)
The Pledgee May Perform. If the Pledgor fails to perform any agreement contained herein, the Pledgee may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by the Pledgor under pursuant to Section 1718.
Appears in 1 contract
The Pledgee May Perform. If the any Pledgor fails to perform any agreement contained herein, the Pledgee may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by the Pledgor Pledgors under Section 1716.
Appears in 1 contract
Samples: Master Pledge Agreement (Easy Gardener Products LTD)
The Pledgee May Perform. If the Pledgor fails to perform any agreement contained herein, the Pledgee may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be Obligations secured hereby and shall be payable by the Pledgor under Section 17paragraph 8 hereof.
Appears in 1 contract
The Pledgee May Perform. If the Pledgor fails to perform any ----------------------- agreement contained herein, the Pledgee may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by the Pledgor under Section 17.
Appears in 1 contract
Samples: Pledge Agreement (Reschke Michael W)
