Agent Performance of Assignor Obligations. Without having any ----------------------------------------- obligation to do so, upon either (a) notice to the Assignor or (b) the occurrence and continuation of a Default or an Event of Default, the Agent may perform or pay any obligation which the Assignor has agreed to perform or pay in this Assignment and the Assignor shall reimburse the Agent for any amounts paid by the Agent pursuant to this Section 7.2. The Assignor's obligation to ----------- reimburse the Agent pursuant to the preceding sentence shall be a Secured Obligation payable on demand.
Appears in 10 contracts
Samples: Impac Group Inc /De/, Impac Group Inc /De/, Impac Group Inc /De/
Agent Performance of Assignor Obligations. Without having any ----------------------------------------- obligation to do so, upon either (a) notice to the Assignor or (b) the occurrence and continuation of a Default or an Event of Default, the Agent may perform or pay any obligation which the Assignor has agreed to perform or pay in this Assignment and the Assignor shall reimburse the Agent for any amounts paid by the Agent pursuant to this Section 7.2. The Assignor's ----------- obligation to ----------- reimburse the Agent pursuant to the preceding sentence shall be a Secured Obligation payable on demand.
Appears in 2 contracts
Samples: Patent Assignment (Impac Group Inc /De/), Impac Group Inc /De/
Agent Performance of Assignor Obligations. Without having any ----------------------------------------- obligation to do so, upon either (a) notice to the Assignor or (b) the occurrence and continuation of a Default or an Event of Default, the Agent may perform or pay any obligation which the an Assignor has agreed to perform or pay in this Assignment and the such Assignor shall reimburse the Agent for any amounts paid by the Agent pursuant to this Section 7.2. The Assignor's ----------- obligation to ----------- reimburse the Agent pursuant to the preceding sentence shall be a Secured Obligation payable on demand.
Appears in 2 contracts
Samples: Patent Assignment (Impac Group Inc /De/), Patent Assignment (Impac Group Inc /De/)
Agent Performance of Assignor Obligations. Without having any ----------------------------------------- obligation to do so, upon either (a) notice to the Assignor or (b) the occurrence and continuation of a Default or an Event of Default, the Agent may perform or pay any obligation which the Assignor has agreed to perform or pay in this Assignment and the Assignor shall reimburse the Agent for any amounts paid by the Agent pursuant to this Section 7.2. The Assignor's obligation to reimburse ----------- reimburse the Agent pursuant to the preceding sentence shall be a Secured Obligation payable on demand.
Appears in 1 contract
Agent Performance of Assignor Obligations. Without having any ----------------------------------------- obligation to do so, upon either (a) notice to the Assignor or (b) the occurrence and continuation of a an Unmatured Default or an Event of a Default, the Agent may perform or pay any obligation which the Assignor has agreed to perform or pay in this Assignment and the Assignor shall reimburse the Agent for any amounts paid by the Agent pursuant to this Section 7.28.2. The Assignor's obligation to ----------- reimburse the Agent pursuant to the preceding sentence shall be a Secured an Obligation payable on demand.
Appears in 1 contract
Samples: Rawlings Sporting Goods Co Inc