Common use of Agent May Perform Clause in Contracts

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be required.

Appears in 1 contract

Samples: Security Agreement (Us Automotive Manufacturing Inc)

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Agent May Perform. (a) If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such Grantor pursuant under Section 14(b) hereof to Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be requiredfullest extent permitted ------------- by applicable law.

Appears in 1 contract

Samples: Guaranty Agreement (Breed Technologies Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be required. SECTION 5.3.

Appears in 1 contract

Samples: Security Agreement (Stratosphere Corp)

Agent May Perform. If any a Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, agreement and the expenses of the Agent incurred in connection therewith shall be payable by such Grantor pursuant to the Grantors under Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be required.

Appears in 1 contract

Samples: Credit Agreement (Amscan Holdings Inc)

Agent May Perform. If any Grantor fails of the Grantors fail to perform any ----------------- agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such the applicable Grantor pursuant to Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be required.. -----------

Appears in 1 contract

Samples: Security Agreement (Aristotle Corp)

Agent May Perform. If any the Grantor fails to ----------------- perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such the Grantor pursuant to Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of Agent upon demand by the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be requiredAgent.

Appears in 1 contract

Samples: Borrower Security Agreement (American Eco Corp)

Agent May Perform. If Upon and during the continuance of an ----------------- Event of Default, if any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such Grantor pursuant to the Grantors under Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be required21(b).

Appears in 1 contract

Samples: Security Agreement (Commercial Aggregates Transportation & Sales LLC)

Agent May Perform. If Upon and during the continuance of an ----------------- Event of Default, if any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such Grantor pursuant to under Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be required11(b).

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Commercial Aggregates Transportation & Sales LLC)

Agent May Perform. If Subject to the last sentence of Section 5(b), if any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith (as to which invoices have been furnished) shall be payable by such Grantor pursuant to the Grantors under Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be required11(b).

Appears in 1 contract

Samples: Security Agreement (Systemax Inc)

Agent May Perform. If any Grantor fails of the Grantors fail to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such the applicable Grantor pursuant to Section SECTION 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be required.

Appears in 1 contract

Samples: Subsidiary Security Agreement (Aristotle Corp)

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Agent May Perform. If any Grantor fails to perform any ----------------- agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of the Agent incurred in connection therewith (as to which invoices have been furnished) shall be payable by such Grantor pursuant to the Grantors under Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be required16(b).

Appears in 1 contract

Samples: Security and Pledge Agreement (Mariner Post Acute Network Inc)

Agent May Perform. If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such Grantor pursuant to Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be required.

Appears in 1 contract

Samples: Security Agreement (Key Components Finance Corp)

Agent May Perform. If any the Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such the Grantor pursuant to under Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be required13(b) hereof.

Appears in 1 contract

Samples: Credit Agreement (Gulfmark Offshore Inc)

Agent May Perform. If any the Grantor fails to perform any ----------------- agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such the Grantor pursuant to Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be required.. -----------

Appears in 1 contract

Samples: Security Agreement (Aristotle Corp)

Agent May Perform. (a) If any Grantor fails to perform any agreement contained herein, the Agent may itself perform, or cause performance of, such agreement, and the expenses of the Agent incurred in connection therewith shall be payable by such Grantor pursuant under Section 12(b) hereof to Section 6.2; provided, however, if any Default of the nature referred to in Section 8.1.9 of the Credit Agreement or Event of Default has occurred and is continuing, no such notice shall be requiredfullest extent permitted by applicable law.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Headway Corporate Resources Inc)

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