Common use of The Secured Party May Perform Clause in Contracts

The Secured Party May Perform. If the Debtor fails to perform any agreement contained herein, the Secured Party may, without notice to the Debtor, itself perform, or cause performance of, such agreement, and the expenses of the Secured Party incurred in connection therewith shall be payable by the Debtor under Section 11. hereof.

Appears in 2 contracts

Samples: Security Agreement (Vaxcel Inc), Security Agreement (Vaxcel Inc)

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The Secured Party May Perform. If the Debtor fails to perform ----------------------------- any agreement contained herein, the Secured Party may, without notice to the Debtor, itself perform, or cause performance of, such agreement, and the expenses of the Secured Party incurred in connection therewith shall be payable by the Debtor under Section 11. hereof.

Appears in 1 contract

Samples: Security Agreement (Zynaxis Inc)

The Secured Party May Perform. If the Debtor fails to perform any agreement contained herein, the Secured Party may, without notice to the Debtor, may itself performper­form, or cause performance of, such agreement, and the expenses of the Secured Party incurred in connection therewith shall be payable by the Debtor under Section 11. hereofDebtor.

Appears in 1 contract

Samples: Security Agreement (Interactive Brand Development Inc.)

The Secured Party May Perform. If the Debtor fails to perform ----------------------------- any agreement contained herein, the Secured Party may, without notice to the Debtor, itself perform, or cause performance of, such agreement, and the expenses of the Secured Party incurred in connection therewith shall be payable by the Debtor under Section 11. hereof.

Appears in 1 contract

Samples: Security Agreement (Zynaxis Inc)

The Secured Party May Perform. If the any Debtor fails to perform any agreement contained herein, the Secured Party may, without notice to the Debtor, 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 Debtor Debtors under Section 11. 16(b) hereof.

Appears in 1 contract

Samples: Security Agreement (Real Goods Solar, Inc.)

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The Secured Party May Perform. If the a Debtor fails to perform any agreement contained herein, the Secured Party may, without with notice to the such Debtor, 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 each Debtor under Section 11. 12 hereof; provided, however, the Secured Party's failure to give such notice shall not in any way affect the validity of any action taken by the Secured Party under this Section.

Appears in 1 contract

Samples: Credit Agreement (Physicians Specialty Corp)

The Secured Party May Perform. If the Debtor fails Borrower shall fail to perform any agreement contained herein, the Secured Party may, without notice to the Debtor, may 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 Debtor under Section 11. hereofBorrower.

Appears in 1 contract

Samples: Security Agreement (Ivivi Technologies, Inc.)

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