Reasonable Care. Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, Administrative Agent will be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent takes such action for that purpose as any Grantor reasonably requests in writing at times other than after the occurrence or during the continuance of a Default. Notwithstanding the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by any Grantor will not in itself be deemed a failure to exercise reasonable care.
Appears in 4 contracts
Samples: Security Agreement (Blackboxstocks Inc.), Security Agreement (Altitude International Holdings, Inc.), Master Security Agreement (NBG Radio Network Inc)
Reasonable Care. Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, Administrative Agent will be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent takes such action for that purpose as any Grantor reasonably requests in writing at times other than after the occurrence or during the continuance of a Default. Notwithstanding the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by any Grantor will not in itself be deemed a failure to exercise reasonable care.
Appears in 4 contracts
Samples: Security and Pledge Agreement (Integrity Media Inc), Security and Pledge Agreement (Integrity Inc), Security and Pledge Agreement (Integrity Media Inc)
Reasonable Care. Administrative Agent is required to exercise --------------- reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, that Administrative Agent will shall be deemed to have -------- ------- exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent it takes such action for that purpose as any Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Loan Event of Default. Notwithstanding the foregoing, any but failure or refusal by of Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 3 contracts
Samples: Participation Agreement (Electric Lightwave Inc), Participation Agreement (Electric Lightwave Inc), Participation Agreement (Electric Lightwave Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Pledged Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Pledged Collateral if Administrative Agent it takes such action for that purpose as any Grantor Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 3 contracts
Samples: Credit Agreement (Switch & Data Facilities Company, Inc.), Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data, Inc.)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor each Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Specified Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 2 contracts
Samples: Credit Agreement (Hecla Mining Co/De/), Pledge Agreement (Monster Worldwide Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 2 contracts
Samples: Patent Security Agreement (Dri I Inc), Parent Pledge Agreement (Duane Reade Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor each Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 2 contracts
Samples: Credit Agreement (Concho Resources Inc), Second Lien Credit Agreement (Concho Resources Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent it takes such action for that purpose as any Grantor of the Pledgors reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 2 contracts
Samples: Subsidiary Pledge Agreement (Key Components LLC), Parent Pledge Agreement (Key Components LLC)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any such Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 2 contracts
Samples: Security Agreement (Wilson Greatbatch Technologies Inc), Subsidiary Security and Pledge Agreement (Nextel Partners Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any the Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 2 contracts
Samples: Security Agreement (Neoprobe Corp), Borrower Security Agreement (Key Components LLC)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor each Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a Default. Notwithstanding any Event of Default (in which case it shall provide the foregoingsame care as it provides with respect to its own assets), any but failure or refusal by of the Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 2 contracts
Samples: Pledge Agreement (Monster Worldwide, Inc.), Pledge Agreement (Monster Worldwide, Inc.)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any each Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Verrica Pharmaceuticals Inc.), Pledge and Security Agreement (AVITA Medical, Inc.)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; providedPROVIDED, howeverHOWEVER, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent it takes such action for that purpose as any Grantor Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding The failure of the foregoing, any failure or refusal by Administrative Agent at any time (or either one of them) to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Credit Agreement (Titan Corp)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor the Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.. REMEDIES
Appears in 1 contract
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; providedPROVIDED, however, that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any the Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a Default. Notwithstanding any Specified Event, but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any such Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent it takes such action for that purpose as any Grantor Intermediate Holdco reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Security Agreement (Wilson Greatbatch Technologies Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any each Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Specified Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.. REMEDIES
Appears in 1 contract
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent it takes such action for that purpose as any Grantor Holdco reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Security Agreement (Wilson Greatbatch Technologies Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; providedPROVIDED, however, that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any each Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a Default. Notwithstanding any Specified Event, but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Subsidiary Pledge and Security Agreement (Commemorative Brands Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent it takes such action for that purpose as any Grantor the Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor the Borrower reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; providedPROVIDED, howeverHOWEVER, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor the Borrower reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; providedPROVIDED, howeverHOWEVER, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent it takes such action for that purpose as any Grantor the Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding The failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Credit Agreement (Titan Corp)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any the Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Specified Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any the Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Borrower Pledge and Security Agreement (Reddy Ice Holdings Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; providedPROVIDED, howeverHOWEVER, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor the Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Pledge and Security Agreement (Reddy Ice Holdings Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any each Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Reasonable Care. The Administrative Agent is required --------------- to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will -------- ------- shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Reasonable Care. Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, that Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent it takes such action for that purpose as any Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Loan Event of Default. Notwithstanding the foregoing, any but failure or refusal by of Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Participation Agreement (HCS Ii Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent it takes such action for that purpose as any Grantor the Parent reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Parent Guaranty and Pledge Agreement (Nextel Partners Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor the Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Default of the nature referred to in Section 8.1.1 or 8.1.9 or Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Credit Agreement (Tele Communications International Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent it takes such action for that purpose as any the relevant Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; providedPROVIDED, howeverHOWEVER, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Credit Agreement (Titan Corp)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor the Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a Default. Notwithstanding any Specified Event, but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Patent Security Agreement (United Surgical Partners International Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral if Administrative Agent it takes such action for that purpose as any Grantor such Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Security Agreement (Wilson Greatbatch Technologies Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any the Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a Default. Notwithstanding any Specified Event, but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Patent Security Agreement (United Surgical Partners International Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor the Pledgor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Specified Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor the Guarantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Event of Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Parent Guaranty and Pledge Agreement (Reddy Ice Holdings Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; providedPROVIDED, howeverHOWEVER, the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a any Specified Default. Notwithstanding , but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Security and Pledge Agreement (World Almanac Education Group Inc)
Reasonable Care. The Administrative Agent is required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, however, provided that the Administrative Agent will shall be deemed to have exercised such reasonable care in the custody and preservation of any of the Collateral Collateral, if Administrative Agent it takes such action for that purpose as any Grantor reasonably requests in writing at times other than after upon the occurrence or and during the continuance of a Default. Notwithstanding any Specified Event, but failure of the foregoing, any failure or refusal by Administrative Agent at any time to comply with any such request by at any Grantor will time shall not in itself be deemed a failure to exercise reasonable care.
Appears in 1 contract
Samples: Patent Security Agreement (United Surgical Partners International Inc)