Common use of Administrator May Perform Clause in Contracts

Administrator May Perform. If Borrower fails to perform any agreement contained herein, Administrator (for the benefit of the Secured Parties) may itself perform, or cause performance of such agreement, and the expenses of Administrator incurred in connection therewith shall be payable by Borrower.

Appears in 8 contracts

Samples: Loan Agreement (G&k Services Inc), Loan Agreement (G&k Services Inc), Loan Agreement (Baldor Electric Co)

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Administrator May Perform. If the Borrower fails to perform any agreement contained hereinto be performed by the Borrower hereunder, the Administrator (for the benefit of the Secured Parties) may itself perform, or cause performance of such agreement, and the reasonable expenses of the Administrator incurred in connection therewith shall be payable by the Borrower.

Appears in 4 contracts

Samples: Loan Agreement (Jarden Corp), Loan Agreement (Jarden Corp), Loan Agreement (Jarden Corp)

Administrator May Perform. If Borrower fails to perform any agreement contained herein, Administrator (for the benefit of the Secured Parties) may itself perform, or cause performance of such agreement, and the reasonable expenses of Administrator incurred in connection therewith shall be payable by Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Us Xpress Enterprises Inc), Loan Agreement (Interface Inc)

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Administrator May Perform. If Borrower fails to perform any ------------------------- agreement contained herein, Administrator (for the benefit of the Secured Parties) may itself perform, or cause performance of such agreement, and the expenses of Administrator incurred in connection therewith shall be payable by Borrower.

Appears in 1 contract

Samples: Loan Agreement (Dixie Group Inc)

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