Common use of Pledgee May Perform Clause in Contracts

Pledgee May Perform. If any Event of Default occurs, Pledgee may itself cure such Event of Default at Pledgor's sole expense. Any expenses of Pledgee incurred under this Section 9 shall be payable by Pledgor under Section 13.

Appears in 2 contracts

Sources: Stock Pledge Agreement (Acx Technologies Inc), Stock Pledge Agreement (Acx Technologies Inc)