Common use of Enforcement and preservation costs Clause in Contracts

Enforcement and preservation costs. The Parent shall, within three Business Days of demand, pay (or procure to be paid) to each Secured 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 and the Transaction Security and any proceedings instituted by or against the Security Agent as a consequence of taking or holding the Transaction Security or enforcing these rights.

Appears in 3 contracts

Samples: Facilities Agreement (Cemex Sab De Cv), Financing Agreement (Cemex Sab De Cv), Financing Agreement (Cemex Sab De Cv)

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Enforcement and preservation costs. The Parent shall, within three Business Days of demand, pay (or procure to be paid) to the Arranger and each other Secured 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 and the Transaction Security and any proceedings instituted by or against the Security Agent as a consequence of taking or holding the Transaction Security or enforcing these rights.

Appears in 2 contracts

Samples: South Texas Supply Company, Inc., South Texas Supply Company, Inc.

Enforcement and preservation costs. The Parent shall, within three Business Days of demand, pay (or procure to be paid) to the Arranger and each other Secured 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 and the Transaction Security and any proceedings instituted by or against the Security Agent Trustee as a consequence of taking or holding the Transaction Security or enforcing these rights.

Appears in 1 contract

Samples: Facilities Agreement (Genesco Inc)

Enforcement and preservation costs. The Parent shall, within three Business Days of demand, pay (or procure to be paid) to the Lender and each other Secured 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 and the Transaction Security and any proceedings instituted by or against the Security Agent Lender as a consequence of taking or holding the Transaction Security or enforcing these rights.. SECTION 7 GUARANTEE

Appears in 1 contract

Samples: Loan Agreement (Melco Crown Entertainment LTD)

Enforcement and preservation costs. The Parent shall, within three Business Days of demand, pay (or procure to be paid) to the Arranger and each other Secured 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 and the Transaction Security and any proceedings instituted by or against the Security Agent Trustee as a consequence of taking or holding the Transaction Security or enforcing these rights.. SECTION 7 GUARANTEE

Appears in 1 contract

Samples: Facilities Agreement (Genesco Inc)

Enforcement and preservation costs. The Parent shall, within three 3 Business Days of demand, pay (or procure to be paid) to each Secured 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 and the Transaction Security and any proceedings instituted by or against the Security Agent 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: Management Agreement (Sunrise Senior Living Inc)

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Enforcement and preservation costs. The Parent shall, within three Business Days of demand, pay (or procure to be paid) to the Arrangers and each other Secured Party on a full indemnity basis the amount of all costs and expenses (including legal feeslegal, valuation, accountancy and consulting fees and commission and out of pocket expenses) and any VAT thereon incurred by it in connection with the enforcement of or the preservation of or the release of any rights under any Finance Document and or any of the Transaction Security documents referred to in such documents in any jurisdiction and any proceedings instituted by or against the Security Agent as a consequence of taking or holding the Transaction Security or enforcing these rights.

Appears in 1 contract

Samples: Assignment Agreement (Enstar Group LTD)

Enforcement and preservation costs. The Parent shall, within three Business Days of demand, pay (or procure to be paid) to each Secured Party the amount of all costs and expenses (including legal travel and/or valuation fees) incurred by it 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 the Security Agent as a consequence of taking or holding the Transaction Security or enforcing these rights.

Appears in 1 contract

Samples: Facility Agreement (Gulfmark Offshore Inc)

Enforcement and preservation costs. The Parent shall, within three Business Days of demand, pay (or procure to be paidpayment) to each Secured Party and the Arranger the amount of all costs and expenses (including legal fees) incurred by it that Secured Party or Arranger in connection with the enforcement of or the preservation of any rights rights, powers and remedies under any Finance Document and the Transaction Security and any proceedings instituted by or against the Security Agent Trustee as a consequence of taking or holding the Transaction Security or enforcing these rights, powers and remedies.

Appears in 1 contract

Samples: Senior Facilities Agreement (Yell Finance Bv)

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