Trustee May Perform. If the Company and the Subsidiary Guarantors fail to perform any agreement contained in this Article 11, 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 the Company under Section 7.07.
Appears in 2 contracts
Samples: Indenture (Hallandale Commercial Corp.), Indenture (Up Offshore (Holdings) Ltd.)
Trustee May Perform. If the Company and the Subsidiary Guarantors fail Guarantor fails to perform any agreement contained in this Article 11, the Trustee may itself (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 Guarantor under Section 7.077.7.
Appears in 1 contract
Samples: Indenture (Dart Group Corp)
Trustee May Perform. If the Company and the Subsidiary Guarantors fail Guarantor fails to perform any agreement contained in this Article 11, the Trustee may itself (may, but shall not be obligated to) , 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 Guarantor under Section 7.077.7.
Appears in 1 contract
Samples: Indenture (SFW Holding Corp)
