Common use of Agent May Perform Clause in Contracts

Agent May Perform. If the Pledgor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by the Pledgor under Section 13.

Appears in 4 contracts

Samples: Credit Agreement (Greater Bay Bancorp), Pledge Agreement (Greater Bay Bancorp), Pledge Agreement (Presley Companies /De)

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Agent May Perform. If the Pledgor fails to perform any agreement contained herein, the Collateral Agent may itself perform, or cause performance of, such agreement, and the expenses of the Collateral Agent incurred in connection therewith shall be payable by the Pledgor under pursuant to Section 136.4.

Appears in 4 contracts

Samples: Pledge Agreement (Pioneer Natural Resources Co), Pledge Agreement (Pioneer Natural Resources Co), Pledge Agreement (Pioneer Natural Resources Co)

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Agent May Perform. If the either Pledgor fails to perform any agreement contained hereinherein or with respect to the Collateral, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by the Pledgor Pledgors under Section 1313 hereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (General Finance CORP)

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