Common use of Enforcement and preservation costs Clause in Contracts

Enforcement and preservation costs. The Borrower shall, within five (5) Business Days of demand, pay (or shall procure that another member of the Group will pay) to each Secured Party the amount of all costs and expenses (including legal fees, disbursements and other out of pocket expenses) 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 Common Security Agent or the POA Agent as a consequence of taking or holding the Transaction Security or enforcing these rights.

Enforcement and preservation costs. The Borrower shall, within five (5) Business Days of demand, pay (or shall procure that another member of to the Group will pay) to Arrangers and each other Secured Party the amount of all costs and expenses (including legal fees, disbursements fees but excluding any internal management time of the Agent or Security Agent except to the extent expressly contemplated in the relevant Fee Letters) reasonably and other out of pocket expenses) properly 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 Common Security Agent or the POA Agent as a consequence of taking or holding the Transaction Security or enforcing these rights.

Enforcement and preservation costs. The Borrower shall, within five (5) Business Days of demand, pay (or shall procure that another member of the Group will pay) to each Secured Party and the Arranger the amount of all costs and expenses (including including, but not limited to, legal fees, disbursements and other out of pocket expenses) incurred by it that Secured Party and the Arranger in connection with the enforcement of of, or the preservation of any rights under under, any Finance Document and the Transaction Security and any proceedings instituted by or against the Common Security Agent or the POA Agent as a consequence of taking or holding the Transaction Security or enforcing these rightsrights save to the extent arising out of the gross negligence or wilful default of the Security Agent.

Enforcement and preservation costs. The Borrower shall, within five (5) Business Days of demand, pay (or shall procure that another member of the Group will pay) to each Secured Party the amount of all costs and expenses (including legal fees, disbursements and other out of pocket expenses) 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 Common Security Agent or the POA Agent as a consequence of taking or holding the Transaction Security or enforcing these rights.. 60 Project Asgard (2020 A&R) – Amended and Restated Facilities Agreement

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

Enforcement and preservation costs. The Borrower shall, within five (5) Business Days of demand, pay (or shall procure that another member of the Group will pay) to each Secured Party the amount of all costs and expenses (including legal fees, disbursements and other out of pocket expenses) 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 Common Security Agent or the POA Agent as a consequence of taking or holding the Transaction Security or enforcing these rights.. SECTION 7 GUARANTEE

Enforcement and preservation costs. The Borrower shall, within five (5) Business Days of demand, pay (or shall procure that another member of the Group will pay) to each Secured Party the amount of all costs and expenses (including legal fees, disbursements and other out fees but excluding the cost of pocket expensesany internal management time of the Facility Agent or Security Agent) incurred by it in connection with the enforcement of or the preservation of any rights under any Finance Document and the and/or any Transaction Security and and/or any proceedings instituted by or against the Common Security Agent or the POA Agent as a consequence of taking or holding the Transaction Security or enforcing these those rights.. SECTION 7 GUARANTEE