Common use of Trustee May Perform Clause in Contracts

Trustee May Perform. If Pledgor fails to perform any agreement contained herein, the Trustee may itself perform, or cause performance of, such agreement, subject to FCC approval if required, and the reasonable expenses of the Trustee incurred in connection therewith shall be payable by Pledgor pursuant to Section 13.

Appears in 2 contracts

Samples: Escrow Agreement (Echostar DBS Corp), Stock Pledge Agreement (Echostar DBS Corp)

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Trustee May Perform. If the Pledgor fails to perform any agreement contained herein, the Trustee may itself perform, or cause performance of, such agreement, subject to FCC approval if required, and the reasonable expenses of the Trustee incurred in connection therewith shall be payable by the Pledgor pursuant to under Section 1313 hereof.

Appears in 2 contracts

Samples: Custody and Security Agreement (Convergent Communications Inc /Co), Custody and Security Agreement (Superior Financial Corp /Ar/)

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