Common use of Enforcement and preservation costs Clause in Contracts

Enforcement and preservation costs. The Borrower shall, within five Business Days of demand, pay to each Finance Party the amount of all costs and expenses (including legal fees) incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and the Transaction Security and any proceedings instituted by or against that Secured Party as a consequence of it entering into a Finance Document, taking or holding the Transaction Security, or enforcing those rights.

Appears in 3 contracts

Samples: Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD)

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Enforcement and preservation costs. The Borrower shall, Borrowers shall within five Business Days of demanddemand by a Finance Party, pay to each Finance Party the amount of all costs and expenses (including fees, costs and expenses of legal feesadvisers and insurance and other consultants and advisers) properly incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and the Transaction Security and any proceedings instituted initiated by or against that Secured Party any Indemnified Person and as a consequence of it entering into a Finance Document, taking or holding the Transaction Security, Charged Property or enforcing those rights.. SECTION 7 - REPRESENTATIONS, UNDERTAKINGS AND EVENTS OF DEFAULT

Appears in 3 contracts

Samples: Facilities Agreement (GasLog Ltd.), Facilities Agreement (GasLog Partners LP), Facilities Agreement (GasLog Partners LP)

Enforcement and preservation costs. The Borrower shall, within five Business Days of demand, pay (or procure payment) to each Finance Party the amount of all costs and expenses (including legal feesfees and notarial costs) incurred by that Finance Party Party, Arranger or Delegate in connection with the enforcement of, of or the preservation of any rights underrights, powers and remedies under any Bridge Finance Document and the Transaction Security and any proceedings instituted by or against that Secured Party as a consequence of it entering into a Finance Document, taking or holding the Transaction Security, or enforcing those rights.

Appears in 2 contracts

Samples: Agreement (Nordic Telephone CO ApS), Bridge Facility Agreement (Nordic Telephone CO ApS)

Enforcement and preservation costs. The Borrower shall, within five Business Days of demand, pay to each Finance Party the amount of all costs and expenses (including but not limited to legal fees) incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and or the Transaction Security and with any proceedings instituted by or against that Secured Finance Party as a consequence of it entering into a Finance Document, taking or holding the Transaction Security, or enforcing those rights.

Appears in 2 contracts

Samples: Facility Agreement (NorthStar Healthcare Income, Inc.), Facility Agreement (Northstar Realty Finance Corp.)

Enforcement and preservation costs. The Borrower shall, shall within five Business Days of demanddemand by a Finance Party, pay to each Finance Party the amount of all costs and expenses (including fees, costs and expenses of legal feesadvisers and insurance and other consultants and advisers) reasonably incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and the Transaction Security and any proceedings instituted initiated by or against that Secured Party any Indemnified Person and as a consequence of it entering into a Finance Document, taking or holding the Transaction Security, Charged Property or enforcing those rights.. SECTION 6 - REPRESENTATIONS, UNDERTAKINGS AND EVENTS OF DEFAULT

Appears in 2 contracts

Samples: Facility Agreement (GasLog Ltd.), Facility Agreement (GasLog Ltd.)

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Enforcement and preservation costs. The Borrower shall, shall within five Business Days of demanddemand by a Finance Party, pay to each Finance Party the amount of all costs and expenses (including fees, costs and expenses of legal feesadvisers and insurance and other consultants and advisers) incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and the Transaction Security and any proceedings instituted initiated by or against that Secured Party any Indemnified Person and as a consequence of it entering into a Finance Document, taking or holding the Transaction Security, Charged Property or enforcing those rights.. SECTION 7 - REPRESENTATIONS, UNDERTAKINGS AND EVENTS OF DEFAULT

Appears in 1 contract

Samples: Facility Agreement (GasLog Ltd.)

Enforcement and preservation costs. The Borrower Borrowers shall, within five (5) Business Days of demand, pay to each Finance Party the amount of all costs and expenses (including legal fees) incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and or the Transaction Security and with any proceedings instituted by or against that Secured Finance Party as a consequence of it entering into a Finance Document, taking or holding the Transaction Security, or enforcing those rights.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

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