Common use of Pledgee May Perform Clause in Contracts

Pledgee May Perform. If Pledgor fails to perform any obligation contained in this Agreement, Pledgee may itself perform, or cause performance of, such obligation, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgor.

Appears in 3 contracts

Samples: Agreement and Plan of Merger and Contribution (Toreador Resources Corp), Pledge Agreement (ZaZa Energy Corp), Contribution Agreement (Toreador Resources Corp)

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Pledgee May Perform. If Pledgor fails to perform any obligation agreement contained in this Agreementherein, then, during an Event of Default, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of PledgorPledgor under Section 15(b) hereof.

Appears in 2 contracts

Samples: Pledge Agreement (Bucyrus International Inc), Pledge Agreement (Bucyrus International Inc)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation the Pledgor under Section 11 of Pledgorthis Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Ampal-American Israel Corp), Pledge Agreement (Applewoods Restaurants Inc)

Pledgee May Perform. If any Pledgor fails to perform any obligation agreement contained in this Agreementherein, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of Pledgee incurred in connection therewith shall be payable jointly and severally by Pledgor; provided that the Pledgors to Pledgee shall not along with any other amounts due to be required paid by any Pledgor to perform or discharge any obligation of PledgorPledgee hereunder.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Espre Solutions Inc), Stock Pledge Agreement (Traceguard Technologies, Inc.)

Pledgee May Perform. If Pledgor fails to perform any obligation agreement contained in this Agreementherein, upon notice to Pledgor, Pledgee may itself perform, or cause performance of, such obligationagreement, and the reasonable expenses of Pledgee actually incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of PledgorPledgor under Section 10 hereof.

Appears in 2 contracts

Samples: Pledge Agreement, Pledge Agreement (Industrial Services of America Inc)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein after receipt of a written request from the Pledgee to do so, the Pledgee may (but shall have no obligation to) itself perform, or cause performance of, such obligation, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorthe Pledgor under Section 15(b) hereof.

Appears in 2 contracts

Samples: Pledge Agreement (Aspen Insurance Holdings LTD), Pledge Agreement (Aspen Insurance Holdings LTD)

Pledgee May Perform. If Upon the occurrence and during the continuance of an Event of Default, should the Pledgor fails fail to perform any agreement contained herein, the Pledgee may, but without any obligation contained in this Agreementto do so and without notice, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorthe Pledgor under Section 17(b) hereof.

Appears in 2 contracts

Samples: Pledge Agreement (Renaissancere Holdings LTD), Pledge Agreement (Renaissancere Holdings LTD)

Pledgee May Perform. If Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself perform, perform or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of PledgorPledgor under Section 12.

Appears in 2 contracts

Samples: Pledge Agreement (Cybershop International Inc), Pledge Agreement (Quality Distribution Inc)

Pledgee May Perform. If any Pledgor fails to perform any obligation agreement contained in this Agreementherein, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorsuch Pledgor under Section 14 hereof.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Vanity Events Holding, Inc.), Stock Pledge Agreement (Vanity Events Holding, Inc.)

Pledgee May Perform. If Pledgor fails to perform any obligation ------------------- agreement contained in this Agreementherein, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of PledgorPledgor under Section 12.

Appears in 2 contracts

Samples: Puerto Rico Stock Purchase Agreement (Telecorp PCS Inc), Pledge Agreement (Triton Management Co Inc)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself itself/himself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required the Pledgor pursuant to perform or discharge any obligation Section 12 of Pledgorthis Agreement.

Appears in 1 contract

Samples: Loan Agreement (Emerging Vision Inc)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor; provided that the Pledgor to Pledgee shall not along with any other amounts due to be required paid by the Pledgor to perform or discharge any obligation of PledgorPledgee hereunder.

Appears in 1 contract

Samples: Stock Pledge Agreement (Etelcharge Com Inc)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not the Pledgor under Section 13 hereof, and be required to perform or discharge any obligation a part of Pledgorthe Note Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Star Scientific Inc)

Pledgee May Perform. (a) If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself perform, or cause performance of, such obligationagreement, and such performance shall not relieve the Pledgor of any default in respect of the Pledgor's failure and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorthe Pledgor under Section 10 hereof.

Appears in 1 contract

Samples: Management Agreement (Pacific Drilling S.A.)

Pledgee May Perform. If any Pledgor fails to perform any obligation agreement ------------------- contained herein, the Pledgee may, upon prior notice to such Pledgor (other than in this Agreementconnection with a Bankruptcy Default) but shall not be obligated to, Pledgee may itself perform, or cause performance of, such obligationagreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorconstitute Obligations hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (Nexstar Broadcasting of the Wichita Falls LLC)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorthe Pledgor under Section 11. SECTION 9.

Appears in 1 contract

Samples: Pledge Agreement (Teekay Shipping Corp)

Pledgee May Perform. If Pledgor fails to perform any obligation agreement contained in this Agreementherein, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of PledgorPledgor under Section 15.

Appears in 1 contract

Samples: Stock Pledge and Guaranty Agreement (Pacificnet Inc)

Pledgee May Perform. If Pledgor fails to perform any obligation contained in this Agreement, Pledgee may itself perform, or cause performance of, such obligation, and the expenses of incurred by Pledgee incurred in connection therewith shall be payable to Pledgee by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of PledgorPledgor upon demand by Pledgee.

Appears in 1 contract

Samples: Stock Pledge Agreement (Convergent Group Corp)

Pledgee May Perform. If Upon the occurrence and during the continuance of an Event of Default, should the Pledgor fails fail to perform any agreement contained herein, the Pledgee may, but without any obligation contained in this Agreementto do so and without notice, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgor.the Pledgor under Section 17(b) hereof. Exhibit 4.5(a)

Appears in 1 contract

Samples: Pledge Agreement (Renaissancere Holdings LTD)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor; provided that the Pledgor to Pledgee shall not along with any other amounts due to be required paid by Pledgor to perform or discharge any obligation of PledgorPledgee hereunder.

Appears in 1 contract

Samples: Stock Pledge Agreement (Airbee Wireless, Inc.)

Pledgee May Perform. If the Pledgor fails to perform any obligation representation, warranty, covenant or agreement required to be performed by it contained in this Agreementherein, the Pledgee may itself may, but shall not be obligated to, perform, or cause performance of, such obligationrepresentation, warranty, covenant or agreement, and the out-of-pocket expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of the Pledgor.

Appears in 1 contract

Samples: Stock Pledge Agreement (Halsey Drug Co Inc/New)

Pledgee May Perform. If Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself (but shall not be obligated to) perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of the Pledgor.

Appears in 1 contract

Samples: Pledge Agreement (Physician Computer Network Inc /Nj)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; the Pledgor as provided that Pledgee shall not be required to perform or discharge any obligation by Section 13(b) of Pledgorthis Agreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (Intcomex, Inc.)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained herein, the Pledgee may, upon prior notice to the Pledgor (other than in this Agreementconnection with a Bankruptcy Default) but shall not be obligated to, Pledgee may itself perform, or cause performance of, such obligationagreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorconstitute Obligations hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Mission Broadcasting Inc)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself may, but shall not be obligated to, perform, or cause performance of, such obligationagreement, and the reasonable, out-of-pocket expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of the Pledgor.

Appears in 1 contract

Samples: Stock Pledge Agreement (Halsey Drug Co Inc/New)

Pledgee May Perform. If Pledgor fails to perform any obligation agreement contained in this Agreementherein, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgor.

Appears in 1 contract

Samples: Pledge and Security Agreement (Biofield Corp \De\)

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Pledgee May Perform. If any Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation such Pledgor under Section 12 of Pledgorthis Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Front Royal Inc)

Pledgee May Perform. If Pledgor fails Pledgors fail to perform any obligation agreement contained in this Agreementherein, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of PledgorPledgors.

Appears in 1 contract

Samples: Pledge Agreement (Fremont Gold Corp)

Pledgee May Perform. If the Pledgor fails to perform any agreement contained herein, the Pledgee may, but without any obligation contained in this Agreementto do so and without notice, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorthe Pledgor under Section 16(b) hereof.

Appears in 1 contract

Samples: Pledge Agreement (Flagstone Reinsurance Holdings LTD)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein after receipt of a written request from the Pledgee to do so, the Pledgee may (but shall have no obligation to) itself perform, or cause performance of, such obligation, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorthe Pledgor under Section 15(b) hereof. Section 12.

Appears in 1 contract

Samples: Pledge Agreement

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorthe Pledgor under Section 13 hereof and constitute Liabilities secured hereby.

Appears in 1 contract

Samples: Onshore Share Pledge Agreement (China Natural Gas, Inc.)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself perform, or cause performance of, such obligationagreement, and the documented out-of-pocket expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee the Pledgor and shall not be required to perform or discharge any obligation of Pledgorincluded in the Secured Obligations secured hereby.

Appears in 1 contract

Samples: Pledge Agreement (Madison Square Garden Entertainment Corp.)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorthe Pledgor under Section 13 hereof.

Appears in 1 contract

Samples: Credit and Security Agreement (Vicon Industries Inc /Ny/)

Pledgee May Perform. If Pledgor fails to perform any obligation agreement contained in this Agreementherein, Pledgee may itself may, but shall not be obligated to, perform, or cause performance of, such obligationagreement, and the reasonable, out-of-pocket expenses of Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgor.

Appears in 1 contract

Samples: Watson Stock Pledge Agreement (Halsey Drug Co Inc/New)

Pledgee May Perform. If Pledgor fails to perform any obligation agreement contained in this Agreementherein, Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not Pledgor under Section 16 hereof, and be required to perform or discharge any obligation a part of Pledgorthe Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Usa Finance Inc)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required the Pledgor pursuant to perform or discharge any obligation of Pledgor.Section 6.3. Certificate B Pledge Agreement

Appears in 1 contract

Samples: Pledge Agreement (Brookdale Living Communities Inc)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorthe Pledgor under Section 6.02 hereof.

Appears in 1 contract

Samples: Pledge Agreement (Celcor Inc)

Pledgee May Perform. If any Pledgor fails to perform any obligation agreement contained herein, the Pledgee may, upon prior notice to such Pledgor (other than in this Agreementconnection with a Bankruptcy Default) but shall not be obligated to, Pledgee may itself perform, or cause performance of, such obligationagreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgor.constitute Obligations hereunder. Pledge and Security Agreement

Appears in 1 contract

Samples: Pledge and Security Agreement (Nexstar Broadcasting Group Inc)

Pledgee May Perform. If the Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself may, but shall not be obligated to, perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of the Pledgor.

Appears in 1 contract

Samples: Stock Pledge Agreement (American Materials & Technologies Corp)

Pledgee May Perform. If any Pledgor fails to perform any obligation ------------------- agreement contained in this Agreementherein, after written notice to Pledgor the Pledgee may itself perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation such Pledgor in accordance with the provisions of PledgorSection 14 of this Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Corinthian Colleges Inc)

Pledgee May Perform. If any Pledgor fails to perform any obligation agreement contained herein, the Pledgee may, upon prior notice to such Pledgor (other than in this Agreementconnection with a Bankruptcy Default) but shall not be obligated to, Pledgee may itself perform, or cause performance of, such obligationagreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of Pledgorconstitute Obligations hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (Mission Broadcasting Inc)

Pledgee May Perform. If a Pledgor fails to perform any obligation agreement contained in this Agreementherein, the Pledgee may itself (but shall not be obligated to) perform, or cause performance of, such obligationagreement, and the expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor; provided that Pledgee shall not be required to perform or discharge any obligation of the Pledgor.

Appears in 1 contract

Samples: Pledge Agreement (Video Services Corp)

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