Common use of Pledgee May Perform Clause in Contracts

Pledgee May Perform. If Pledgor fails to perform any agreement contained herein, Pledgee, at its option, may itself perform, or cause performance of, such agreement, and the reasonable expenses of Pledgee incurred in connection therewith shall be payable by Pledgor under Section 8.3.

Appears in 8 contracts

Sources: Loan Agreement (World Wireless Communications Inc), Loan Agreement (World Wireless Communications Inc), Loan Agreement (World Wireless Communications Inc)

Pledgee May Perform. If any Pledgor fails to perform any agreement contained herein, Pledgee, at its option, the Pledgee may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be jointly and severally payable by Pledgor under the Pledgors pursuant to Section 8.36.5 hereof.

Appears in 4 contracts

Sources: Senior Secured Credit Agreement (Surebeam Corp), Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Titan Corp)

Pledgee May Perform. If Pledgor fails to perform any agreement contained herein, Pledgee, at its option, the Pledgee may itself perform, perform or cause performance of, such agreement, and the reasonable expenses of the Pledgee incurred in connection therewith shall be payable by Pledgor under Section 8.312.

Appears in 2 contracts

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