Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor under Section 4.4 hereof.
Appears in 6 contracts
Sources: Credit Agreement (Ellora Energy Inc), Credit Agreement (Ellora Energy Inc), Credit Agreement (Chaparral Energy, Inc.)
Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor under Section 4.4 hereof4.4.
Appears in 5 contracts
Sources: Credit Agreement (Denbury Resources Inc), Pledge Agreement (Encore Acquisition Co), Pledge Agreement (Quest Resource Corp)
Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee reasonably incurred in connection therewith shall be payable by Pledgor under Section 4.4 hereof4.4.
Appears in 3 contracts
Sources: Pledge Agreement (Quest Resource Corp), Pledge Agreement (Quest Resource Corp), Credit Agreement (Quest Resource Corp)
Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may may, at the direction of the Requisite Lenders, itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor under Section 4.4 hereof.
Appears in 2 contracts
Sources: Pledge Agreement (Par Petroleum Corp/Co), Pledge Agreement (Par Petroleum Corp/Co)
Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor under Section 4.4 hereofSECTION 4.4.
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Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor [(BUT NOT BORROWER)] under Section 4.4 hereofSECTION 4.4.
Appears in 1 contract
Performance by Pledgee. If Pledgor fails to perform any agreement or ---------------------- obligation contained herein, Pledgee may itself perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor [(but not Borrower)] under Section 4.4 hereof.4.4. -----------
Appears in 1 contract
Performance by Pledgee. If Pledgor fails to perform any agreement or obligation contained herein, Pledgee may itself itself, at its option and in its sole discretion, perform, or cause performance of, such agreement or obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor under Section 4.4 hereof7.4; provided, however, that nothing herein shall impose any obligation of any kind whatsoever on Pledgee to perform under any obligation or agreement of Pledgor.
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