Common use of Enforcement and preservation costs Clause in Contracts

Enforcement and preservation costs. The Company shall, within 3 Business Days of demand, pay to each Finance Party the amount of all costs and expenses (including legal fees) incurred by it in connection with the enforcement of, or the preservation of, any rights under any Finance Document.

Appears in 4 contracts

Samples: Facilities Agreement (Luxfer Holdings PLC), Facilities Agreement (Luxfer Holdings PLC), Facilities Agreement (Luxfer Holdings PLC)

AutoNDA by SimpleDocs

Enforcement and preservation costs. The Company shall, within 3 three Business Days of demand, pay to the Arranger and each other Finance Party the amount of all costs and expenses (including legal fees) incurred by it in connection with the enforcement of, of or the preservation of, of any rights under any Finance Document.

Appears in 2 contracts

Samples: Agreement (Flowserve Corp), Letter of Credit Facility Agreement (Flowserve Corp)

Enforcement and preservation costs. The Company shall, within 3 three Business Days of demand, pay to each Finance Party and/or Receiver or Delegate Party the amount of all costs and expenses (including legal fees) incurred by it in connection with the enforcement of, of or the preservation of, of any rights under any Finance DocumentDocument and the Transaction Security and any proceedings instituted by or against the Security Trustee as a consequence of taking or holding the Transaction Security or enforcing these rights.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Manchester United PLC), Intercreditor Agreement (Manchester United PLC)

Enforcement and preservation costs. The Company shall, within 3 three Business Days of demand, pay to each Finance Party and the Arranger the amount of all costs and expenses (including including, but not limited to, legal fees) incurred by it that Finance Party and the Arranger in connection with the enforcement of, or the preservation ofof any rights under, any rights under Finance Document and the Transaction Security and any Finance Documentproceedings instituted by or against the Security Trustee as a consequence of taking or holding the Transaction Security or enforcing these rights.

Appears in 2 contracts

Samples: Agreement (Montpelier Re Holdings LTD), Agreement (Montpelier Re Holdings LTD)

Enforcement and preservation costs. The Company shall, within 3 three Business Days of demand, pay (or procure to be paid) to each Finance Party the amount of all costs and expenses (including legal fees) incurred by it in connection with the enforcement of, of or the preservation of, of any rights under any Finance DocumentDocument and the Transaction Security and any proceedings instituted by or against the Common Security Agent as a consequence of taking or holding the New Transaction Security or enforcing these rights.

Appears in 1 contract

Samples: Common Terms Agreement (Ultrapetrol Bahamas LTD)

Enforcement and preservation costs. The Company Each Obligor shall, within 3 three (3) Business Days of demand, pay to each Finance Party the amount of all costs and expenses (including legal fees) incurred by it in connection with the enforcement of, of or the preservation of, of any rights under any Finance Document.Document and the Security Documents and any proceedings instituted by or against the Facility Agent and/or Security Agent as a consequence of taking or holding the Security created under the Security Documents or enforcing these rights. SECTION 7 GUARANTEE AND SECURITY

Appears in 1 contract

Samples: Agreement (Flex LNG Ltd.)

AutoNDA by SimpleDocs

Enforcement and preservation costs. The Company shall, within 3 Business Days of demand, pay to each Finance Party the amount of all costs and expenses (including legal fees) incurred by it in connection with the enforcement of, or the preservation of, any rights under any Finance DocumentDocument and the Transaction Security and any proceedings instituted by or against the Security Trustee or any Receiver or Delegate as a consequence of taking or holding the Transaction Security or enforcing these rights.

Appears in 1 contract

Samples: Senior Facilities Agreement (Luxfer Holdings PLC)

Enforcement and preservation costs. The Company shall, within 3 three Business Days of demand, pay (or procure payment) to each Finance Party and each Mandated Lead Arranger the amount of all costs and expenses (including legal fees) reasonably incurred by it that Finance Party or Mandated Lead Arranger in connection with the enforcement of, of or the preservation ofof any rights, any rights under powers and remedies under, any Finance Document.

Appears in 1 contract

Samples: Facilities Agreement (Sirona Dental Systems, Inc.)

Enforcement and preservation costs. The Company shall, within 3 three Business Days of demand, pay to the Arranger and each other Finance Party and/or Receiver or Delegate Party the amount of all costs and expenses (including legal fees) incurred by it in connection with the enforcement of, of or the preservation of, of any rights under any Finance DocumentDocument and the Transaction Security and any proceedings instituted by or against the Security Trustee as a consequence of taking or holding the Transaction Security or enforcing these rights.

Appears in 1 contract

Samples: Facilities Agreement (Manchester United Ltd.)

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