Trustee May Perform. If any Grantor 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 such Grantor pursuant to the terms of the Indentures.
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Samples: Pledge and Security Agreement (Ferro Corp), Pledge and Security Agreement (Ferro Corp)
Trustee May Perform. If any Grantor fails to perform any agreement contained herein, the Trustee may itself may, but shall not be obligated to, perform, or cause performance of, such agreement, and the expenses of the Trustee incurred in connection therewith shall be payable by such Grantor pursuant under Section 21; provided that, unless the Trustee determines that the circumstances do not so permit, the Trustee shall notify such Grantor of any such action ten Business Days' prior to the terms of the Indenturestaking, or causing to be taken, such action.
Appears in 2 contracts
Samples: Security Agreement (Foster Wheeler Inc), Security Agreement (Foster Wheeler Inc)
Trustee May Perform. If any Grantor fails to perform any ------------------- agreement contained hereinherein or in the Indenture, 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 such Grantor pursuant to the terms of the Indentures.under Section 22. -----------
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Trustee May Perform. If any Grantor fails to perform any agreement contained herein, the Trustee may itself itself, but shall have no obligation to, perform, or cause performance of, such agreement, and the expenses of the Trustee incurred in connection therewith shall be payable by such Grantor pursuant to the terms of the Indenturesunder Section 21.
Appears in 1 contract
Samples: Security Agreement (Gb Holdings Inc)
Trustee May Perform. If any Grantor fails to perform any agreement contained herein, the Trustee may itself (but shall not be obligated to) perform, or cause performance of, such agreement, and the expenses of the Trustee incurred in connection therewith shall be payable by such Grantor pursuant to the terms of the IndenturesSection 6.2.
Appears in 1 contract
