Performance by the Agent. If the Borrower fails to perform any of its obligations under this Agreement or any other Loan Document or any Servicing Document in a timely fashion, the Agent shall be entitled, but not obliged, to perform such obligation at the expense of the Borrower and without waiving any rights that it may have with respect to such breach.
Appears in 2 contracts
Sources: Term Loan Agreement (Trinity Industries Inc), Term Loan Agreement (Trinity Industries Inc)
Performance by the Agent. If the Borrower Borrower, the Servicer or any Aircraft Subsidiary fails to perform any of its obligations under this Agreement or any other Loan Document or any Servicing Document in a timely fashion, the Agent shall be entitled, but not obliged, to perform such obligation at the expense of the Borrower and without waiving any rights that it may have with respect to such breach.
Appears in 2 contracts
Sources: Warehouse Loan Agreement (Air Lease Corp), Warehouse Loan Agreement (Air Lease Corp)
Performance by the Agent. If the Borrower fails to perform any of its obligations under this Loan Agreement or any other Loan Document or any Servicing Transaction Document in a timely fashion, the Agent shall be entitled, but not obliged, to perform such obligation at the expense of the Borrower and without waiving any rights that it may have with respect to such breach.
Appears in 1 contract
Sources: Loan Agreement (Cronos Group)
Performance by the Agent. If the Borrower Borrower, either Servicer or any Aircraft Subsidiary fails to perform any of its obligations under this Agreement or any other Loan Document or any Servicing Document in a timely fashion, the Agent shall be entitled, but not obliged, to perform such obligation at the expense of the Borrower and without waiving any rights that it may have with respect to such breach.
Appears in 1 contract