Common use of Trustee May Perform Clause in Contracts

Trustee May Perform. If Company fails to perform any agreement contained herein, Trustee may itself perform, or cause performance of, such agreement, and the expenses of Trustee incurred in connection therewith shall be payable by Company under Section 15 hereof, and be a part of the Secured Obligations.

Appears in 13 contracts

Samples: Pledge Agreement (Playboy Enterprises Inc), Pledge Agreement (Playboy Enterprises Inc), Pledge Agreement (Playboy Enterprises Inc)

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Trustee May Perform. If the Company fails to perform any agreement contained herein, Trustee may itself perform, but shall not be obligated to, or cause performance of, such agreement, and the reasonable expenses of Trustee incurred in connection therewith shall be payable by the Company under Section 15 13 hereof, and be a part of the Secured Obligations.

Appears in 2 contracts

Samples: Escrow and Security Agreement (Bell Technology Group LTD), Escrow Agreement (Concentric Network Corp)

Trustee May Perform. If the Company fails to perform any agreement contained herein, the Trustee may itself perform, but shall not be obligated to, or cause performance of, such agreement, and the reasonable expenses of the Trustee incurred in connection therewith shall be payable by the Company under Section 15 13 hereof, and be a part of the Secured Obligations.

Appears in 2 contracts

Samples: Escrow Agreement (Versatel Telecom Bv), Escrow Agreement (Versatel Telecom International N V)

Trustee May Perform. If Company fails to perform any agreement contained herein, Trustee may itself perform, but shall not be obligated to, or cause performance of, such agreement, and the reasonable expenses of Trustee incurred in connection therewith shall be payable by Company under Section 15 13 hereof, and be a part of the Secured Obligations.

Appears in 2 contracts

Samples: Escrow Agreement (Global Telesystems Group Inc), Escrow Agreement (Hermes Europe Railtel B V)

Trustee May Perform. If either Company fails to perform any agreement contained herein, Trustee may itself perform, or cause performance of, such agreement, and the expenses of Trustee incurred in connection therewith shall be payable by such Company under Section 15 hereof, and be a part of the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Playboy Enterprises Inc)

Trustee May Perform. If the Company fails to perform any agreement contained herein, the Trustee may itself perform, (but shall not be obligated to) perform or cause performance of, such agreement, and the reasonable expenses of the Trustee incurred in connection therewith shall be payable by the Company under Section 15 13 hereof, and be a part of the Secured Obligations.

Appears in 1 contract

Samples: Collateral Agreement (Cybernet Internet Services International Inc)

Trustee May Perform. If the Company fails to perform any agreement contained herein, the Trustee may itself perform, or cause performance of, such agreement, and the expenses of the Trustee incurred in connection therewith shall be payable by Company under Section 15 hereof, and be a part of the Secured ObligationsCompany.

Appears in 1 contract

Samples: Atlas Corp

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Trustee May Perform. If the Company fails to perform any agreement contained herein, the Trustee may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Trustee incurred in connection therewith shall be payable by the Company under Section 15 13 hereof, and be a part of the Secured Obligations.

Appears in 1 contract

Samples: Note Pledge Agreement (Tv Filme Inc)

Trustee May Perform. If the Company fails to perform any ------------------- agreement contained herein, Trustee may itself perform, but shall not be obligated to, or cause performance of, such agreement, and the reasonable expenses of Trustee incurred in connection therewith shall be payable by the Company under Section 15 13 hereof, and be a part of the Secured Obligations.

Appears in 1 contract

Samples: Escrow Agreement (Exodus Communications Inc)

Trustee May Perform. If Without limiting the authority granted under Section 13.05 hereof, if the Company fails to perform any agreement contained herein, the Trustee may may, but shall not be obligated to, itself perform, or cause performance of, such agreement, and the expenses of the Trustee incurred in connection therewith shall be payable by the Company under Section 15 hereof, and shall be a part of secured by the Secured ObligationsCollateral.

Appears in 1 contract

Samples: Alltrista Corp

Trustee May Perform. If the Company fails to perform any agreement contained required to be performed by it herein, Trustee may itself perform, but shall not be obligated to perform, or cause performance of, such agreement, and the reasonable expenses of Trustee incurred in connection therewith shall be payable by the Company under Section 15 13 hereof, and be a part of the Secured Obligations.

Appears in 1 contract

Samples: Escrow Agreement (Equinix Inc)

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