Common use of Collateral Agent’s Fees and Expenses; Indemnification Clause in Contracts

Collateral Agent’s Fees and Expenses; Indemnification. (a) The Grantor agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement (including the customary fees of the Collateral Agent for any ongoing monitoring or audits conducted by it with respect to the Collateral), (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder or (iv) the failure of the Grantor to perform or observe any of the provisions hereof.

Appears in 3 contracts

Samples: Security Agreement (MGC Communications Inc), Execution Copy (Winstar Communications Inc), Execution Copy (Winstar Communications Inc)

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Collateral Agent’s Fees and Expenses; Indemnification. In accordance with, and to the extent consistent with, the terms of the Intercreditor Agreement, (a) The each Grantor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement (including the customary fees of the Collateral Agent for any ongoing monitoring or audits conducted by it with respect to the Collateral)Agreement, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder or (iv) the failure of the any Grantor to perform or observe any of the provisions hereofhereof applicable to it.

Appears in 2 contracts

Samples: Security Agreement (Reptron Electronics Inc), Security Agreement (On Semiconductor Corp)

Collateral Agent’s Fees and Expenses; Indemnification. (a) The Grantor agrees Without limiting or duplicating any of their obligations under the Indenture or the other Security Documents, the Grantors jointly and severally agree to pay upon demand to pay, in accordance with Section 17.11 of the Indenture, all reasonable expenses incurred by the Collateral Agent the amount of any Agent, its respective successors, assigns, officers, directors, employees, consultants and all reasonable expensesadvisors, including the reasonable fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement (including the customary fees of the Collateral Agent for any ongoing monitoring or audits conducted by it with respect to the Collateral)Agreement, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent Agent’s Rights and Remedies hereunder or (iv) the failure of the any Grantor to perform or observe any of the provisions hereof.

Appears in 2 contracts

Samples: Security Agreement (Bloom Energy Corp), Security Agreement (Bloom Energy Corp)

Collateral Agent’s Fees and Expenses; Indemnification. (a) The Without limitation of its indemnification obligations under the other Note Documents, each Grantor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement (including the customary fees and charges of the Collateral Agent for any ongoing monitoring or audits conducted by it with respect to the Collateral), (iiAgent),(ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder or (iv) the failure of the any Grantor to perform or observe any of the provisions hereof.

Appears in 1 contract

Samples: Security Agreement (Great Atlantic & Pacific Tea Co Inc)

Collateral Agent’s Fees and Expenses; Indemnification. (a) The Each Grantor jointly and severally agrees to pay upon demand to all reasonable out‑of‑pocket expenses incurred by the Collateral Agent and reimburse the amount Collateral Agent’s other expenses incurred hereunder as provided in Section 9.05 of any and all reasonable expensesthe Credit Agreement, including the reasonable fees, charges and disbursements and other charges of its counsel and of any experts or agentscounsel, which the Collateral Agent may incur in connection with (i) the preparation, execution, delivery and administration of this Agreement (including the customary fees of the Collateral Agent for and any ongoing monitoring or audits conducted by it with respect to the Collateral)other Security Document, (ii) the custody or and preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder or under any Security Document or (iv) the failure of the any Grantor to perform or observe any of the provisions hereof.

Appears in 1 contract

Samples: Security Agreement (Diamond Resorts International, Inc.)

Collateral Agent’s Fees and Expenses; Indemnification. In accordance with, and to the extent consistent with, the terms of the Intercreditor Agreement, (a) The each Grantor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement (including the customary fees of the Collateral Agent for any ongoing monitoring or audits conducted by it with respect to the Collateral)Agreement, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder or (iv) the failure of the any Grantor to perform or observe any of the provisions hereof.

Appears in 1 contract

Samples: Second Priority Security Agreement (Pierson Industries Inc)

Collateral Agent’s Fees and Expenses; Indemnification. (a) The Each Grantor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable feesfees referred to in the Fee Letter (as defined in the Credit Agreement), disbursements and other charges of its counsel (including, without limitation, local and special counsel) and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement (including the customary fees of the Collateral Agent for any ongoing monitoring or audits conducted by it with respect to the Collateral)Agreement, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder hereunder, or (iv) the failure of the any Grantor to perform or observe any of the provisions hereof.

Appears in 1 contract

Samples: Security Agreement (Oneida LTD)

Collateral Agent’s Fees and Expenses; Indemnification. (a) The Without in anyway limiting any other reimbursement obligations contained under the other Loan Documents, the Grantor agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable and documented expenses, including the reasonable and documented fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement (including the customary fees Deed of the Collateral Agent for any ongoing monitoring or audits conducted by it with respect to the Collateral)Trust, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the CollateralProperty, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder or (iv) the failure of the Grantor to perform or observe any of the provisions hereof.

Appears in 1 contract

Samples: Credit Agreement (Hechinger Co)

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Collateral Agent’s Fees and Expenses; Indemnification. (a) The Without limitation of its indemnification obligations under the other Note Documents, each Grantor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement (including the customary fees and charges of the Collateral Agent for any ongoing monitoring or audits conducted by it with respect to the CollateralAgent), (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder or (iv) the failure of the any Grantor to perform or observe any of the provisions hereof.

Appears in 1 contract

Samples: Security Agreement (Great Atlantic & Pacific Tea Co Inc)

Collateral Agent’s Fees and Expenses; Indemnification. (a) The Without limiting any of its obligations under the Credit Agreement or other Loan Documents, each Grantor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable and documented expenses, including the reasonable and documented fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement (including the customary fees of the Collateral Agent for any ongoing monitoring or audits conducted by it with respect to the Collateral)Agreement, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder or (iv) the failure of the any Grantor to perform or observe any of the provisions hereof.

Appears in 1 contract

Samples: Credit Agreement (Hechinger Co)

Collateral Agent’s Fees and Expenses; Indemnification. (a) The Without duplication of any amounts payable pursuant to Section 9.04 of the Loan Agreement, each Grantor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable out-of-pocket expenses, including the reasonable fees, disbursements and other charges of its their counsel (including, without limitation, local and special counsel) and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement (including the customary fees of the Collateral Agent for any ongoing monitoring or audits conducted by it with respect to the Collateral)Agreement, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder hereunder, or (iv) the failure of the any Grantor to perform or observe any of the provisions hereof.

Appears in 1 contract

Samples: Security Agreement (Jeffboat LLC)

Collateral Agent’s Fees and Expenses; Indemnification. (a) The Each Grantor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable out-of-pocket expenses, including the reasonable fees, disbursements and other charges of its their counsel (including, without limitation, local and special counsel) and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement (including and the customary fees of the other Collateral Agent for any ongoing monitoring or audits conducted by it with respect to the Collateral)Documents, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the CollateralCollateral or Mortgaged Property, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder hereunder, or (iv) the failure of the any Grantor to perform or observe any of the provisions hereof.

Appears in 1 contract

Samples: Security Agreement (Jeffboat LLC)

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