Treasurer May Perform. The Pledging Bank hereby authorizes the Treasurer to file financing statements with respect to the Collateral. If the Pledging Bank fails to perform any agreement contained herein, the Treasurer or the Custodian may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Treasurer or the Custodian incurred in connection therewith shall be payable by the Pledging Bank under Section 14 hereof.
Appears in 4 contracts
Samples: Pledge and Security Agreement, Pledge and Security Agreement, Pledge and Security Agreement
