Common use of Costs of Collection Clause in Contracts

Costs of Collection. Should the indebtedness represented by this Note, or any part hereof, be collected at law, in equity, or in any bankruptcy, receivership or other court proceeding, or this Note be placed in the hands of any attorney for collection after default, Maker agrees to pay, in addition to the principal and interest due hereon, all reasonable attorneys’ fees, plus all other costs and expenses of collection and enforcement, including any fees incurred in connection with such proceedings or collection of the Note and/or enforcement of Holder’s rights with respect to the administration, supervision, preservation or protection of, or realization upon, any Collateral securing payment hereof.

Appears in 12 contracts

Samples: And Security Agreement (Secured Diversified Investment LTD), And Security Agreement (Secured Diversified Investment LTD), And Security Agreement (Crown Alliance Capital LTD)

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Costs of Collection. Should the indebtedness represented by this Note, or any part hereof, be collected at law, in equity, or in any bankruptcy, receivership or other court proceeding, or this Note be placed in the hands of any attorney for collection after default, Maker agrees to pay, in addition to the principal and interest due hereon, all reasonable attorneys' fees, plus all other costs and expenses of collection and enforcement, including any fees incurred in connection with such proceedings or collection of the Note and/or enforcement of Holder’s 's rights with respect to the administration, supervision, preservation or protection of, or realization upon, any Collateral securing payment hereof.

Appears in 3 contracts

Samples: Convertible Promissory Note and Security Agreement (IDS Solar Technologies, Inc.), Promissory Note (Regenicin, Inc.), Southern Products, Inc.

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Costs of Collection. Should the indebtedness represented by this NoteAgreement, or any part hereof, be collected at law, in equity, or in any bankruptcy, receivership or other court proceeding, or this Note Agreement be placed in the hands of any attorney for collection after default, Maker the Borrower agrees to pay, in addition to the principal and interest due hereon, all reasonable attorneys’ fees, plus all other costs and expenses of collection and enforcement, including any fees incurred in connection with such proceedings or collection of the Note Loan and/or enforcement of Holderthe Lender’s rights with respect to the administration, supervision, preservation or protection of, or realization upon, any Collateral securing payment hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Resonate Blends, Inc.)

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