Common use of Costs of Collection Clause in Contracts

Costs of Collection. The Borrower agrees to pay on demand all reasonable out-of-pocket costs of collection under the Loan Documents, including reasonable attorneys’ fees, whether or not any foreclosure or other action is instituted by the Lender in its discretion.

Appears in 14 contracts

Samples: Loan Agreement (Ocean Thermal Energy Corp), Loan Agreement (Ocean Thermal Energy Corp), Loan Agreement (Ocean Thermal Energy Corp)

AutoNDA by SimpleDocs

Costs of Collection. The Borrower agrees Borrowers agree to pay on demand all reasonable out-of-pocket costs of collection under the Loan Documents, including reasonable attorneys’ fees, whether or not any foreclosure or other action is instituted by the Lender in its discretion.

Appears in 3 contracts

Samples: Loan Agreement (Ocean Thermal Energy Corp), Loan Agreement (Ocean Thermal Energy Corp), Loan Agreement (Ocean Thermal Energy Corp)

Costs of Collection. The Borrower agrees Borrowers agree to pay on demand all reasonable out-of-pocket costs of collection under the Loan Documents, including reasonable attorneys' fees, whether or not any foreclosure or other action is instituted by the Lender in its discretion.

Appears in 1 contract

Samples: Loan Agreement (Ocean Thermal Energy Corp)

Costs of Collection. The Borrower agrees to pay on demand all reasonable out-out- of-pocket costs of collection under the Loan Documents, including reasonable attorneys' fees, whether or not any foreclosure or other action is instituted by the Lender in its discretion.

Appears in 1 contract

Samples: Loan Agreement (Ocean Thermal Energy Corp)

AutoNDA by SimpleDocs

Costs of Collection. The Borrower agrees agree to pay on demand all reasonable out-out­ of-pocket costs of collection under the Loan Documents, including reasonable attorneys' fees, whether or not any foreclosure or other action is instituted by the Lender in its discretion.

Appears in 1 contract

Samples: Loan Agreement (Ocean Thermal Energy Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.