Common use of Treasurer May Perform Clause in Contracts

Treasurer May Perform. If the Pledging Bank fails to perform any agreement contained herein, the Treasurer may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Treasurer incurred in connection therewith shall be payable by the Pledging Bank under Section 12 hereof.

Appears in 4 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement, Pledge and Security Agreement

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