Common use of EXPENDITURES BY LENDER Clause in Contracts

EXPENDITURES BY LENDER. Each Company Entity shall indemnify Lender for all court costs, reasonable attorneys’ fees, other costs of collection and other sums spent by Lender pursuant to the exercise of any right (including, without limitation, any effort to collect amounts due or otherwise enforce this Agreement) provided herein. All such amounts will be payable to Lender on demand and will bear interest at the rate set forth in Section 12.7 from the date spent until the date repaid.

Appears in 1 contract

Samples: Loan and Security Agreement (Red Cat Holdings, Inc.)

AutoNDA by SimpleDocs

EXPENDITURES BY LENDER. Each Company Entity shall indemnify Lender for all court costs, reasonable attorneys’ fees, other costs of collection and other sums spent by Lender pursuant to the exercise of any right (including, without limitation, any effort to collect amounts due or otherwise enforce this Agreement) provided herein. All such amounts will be payable to Lender on demand and will bear interest at the rate set forth in Section 12.7 from the date spent until the date repaid.

Appears in 1 contract

Samples: Revenue Loan and Security Agreement (NowRx, Inc.)

EXPENDITURES BY LENDER. Each Company Entity shall indemnify Lender for all court costs, reasonable attorneys’ fees, other costs of collection and other sums spent by Lender pursuant to the exercise of any right (including, without limitation, any effort to collect amounts due or otherwise enforce this Agreement) provided herein. All such amounts will be payable to Lender on demand and will bear interest at the rate set forth in Section 12.7 from the date spent until the date repaid.

Appears in 1 contract

Samples: Revenue Loan and Security Agreement (Sidus Space Inc.)

AutoNDA by SimpleDocs

EXPENDITURES BY LENDER. Each Company Entity shall indemnify Lender for all court costs, reasonable attorneys’ fees, other reasonable costs of collection and other sums spent by Lender pursuant to the exercise of any right (including, without limitation, any effort to collect amounts due or otherwise enforce this Agreement) provided herein. All such amounts will be payable to Lender on demand and will bear interest at the rate set forth in Section 12.7 from the date spent until the date repaid.

Appears in 1 contract

Samples: Revenue Loan and Security Agreement (Splash Beverage Group, Inc.)

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