Lender May Perform. If any Grantor fails to perform any agreement contained herein, the Lender may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Lender incurred in connection therewith (as to which invoices have been furnished) shall be payable by the Grantors under Section 16(b).
Appears in 1 contract
Sources: Credit Agreement (Novo Networks Inc)
Lender May Perform. If any Grantor fails to perform any agreement contained herein, the Lender may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Lender incurred in connection therewith (as to which invoices have been furnished) shall be payable by the Grantors under Section 16(b)Borrower and shall constitute Obligations secured by this Agreement.
Appears in 1 contract
Sources: Intellectual Property Security Agreement (SLM Holdings, Inc.)
Lender May Perform. If any Grantor fails to perform any agreement contained herein, the Lender may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Lender incurred in connection therewith (as to which invoices have been furnished) shall be payable by the Grantors under Grantor pursuant to Section 16(b)6.3.
Appears in 1 contract
Lender May Perform. If any Grantor fails to perform any agreement contained herein, the Lender may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Lender incurred in connection therewith (as to which invoices have been furnished) shall be payable by the Grantors under Section 16(b)16.
Appears in 1 contract
Sources: Pledge and Security Agreement (Spelling Entertainment Group Inc)