Common use of Costs, Expenses and Fees Clause in Contracts

Costs, Expenses and Fees. Any and all reasonable costs, expenses and fees paid or required to be paid to the Postpetition Lender, including fees relating to financial advisors, appraisers, counsel and local counsel for the Postpetition Lender, in connection with the Postpetition Credit Agreement and the other Postpetition Financing Documents are hereby authorized, shall constitute Postpetition Obligations secured in the manner specified in paragraph 13 herein, shall not be subject to further approval of this Court, and shall be paid in accordance with the terms and provisions of the Postpetition Credit Agreement and the other Postpetition Financing Documents. Counsel for the Postpetition Lender shall submit summaries of their invoices (generally describing work performed but excluding detailed time entries) to the U.S. Trustee and counsel for the Committee at the same time their invoices are submitted to the Postpetition Lender. The U.S. Trustee and the Committee shall have 10 calendar days from receipt of such invoice summaries to file an objection to them with the Court. If no objection is timely filed, the fees and expenses will be deemed reasonable and shall be promptly paid by the Debtors. Notwithstanding anything in this Interim Order to the contrary, no fees shall be payable on account of the Rolled Up Indebtedness.