Common use of Expenses of Collection or Enforcement Clause in Contracts

Expenses of Collection or Enforcement. The Borrower agrees, if at any time the Borrower defaults on any provision of this Loan Agreement, to pay Lender in addition to any other amounts that may be due from the Borrower, an amount equal to the costs and expenses of collection, enforcement or correction or waiver of the default incurred by the Lender or its Assigns in such collection, enforcement, correction or waiver of default.

Appears in 9 contracts

Samples: Loan Agreement, Security Agreement, Loan Agreement

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Expenses of Collection or Enforcement. The Borrower agrees, if at any time the Borrower defaults on any provision of this the Loan Agreement, to pay the Lender or its Assigns, in addition to any other amounts that may be due from the Borrower, an amount equal to the costs and expenses of collection, enforcement or correction enforcement, correction, or waiver of the default incurred by the Lender or its Assigns in such collection, enforcement, correction correction, or waiver of default.

Appears in 1 contract

Samples: CDC/SBC Loan Agreement (Adcare Health Systems Inc)

Expenses of Collection or Enforcement. The Borrower agreesshall, if at any time the Borrower defaults on any provision of this Loan Agreement, pay to pay Lender or its assigns, in addition to any other amounts that may be due from the Borrower, an amount equal to the costs and expenses of collection, enforcement or correction or waiver of the default incurred by the Lender or its Assigns assigns in such collection, enforcement, correction or waiver of default.

Appears in 1 contract

Samples: Credit Facility Agreement (Gas Transmission Northwest Corp)

Expenses of Collection or Enforcement. The Borrower agrees, if at any time the Borrower defaults on any provision of this Loan Agreement, to the Borrower shall pay the Lender or its Assigns, in addition to any other amounts that may be due from the Borrower, an amount equal to the costs and expenses of collection, enforcement or correction collection or waiver of the default incurred included by the Lender or its Assigns in such collection, enforcement, correction collection or waiver of default.

Appears in 1 contract

Samples: Loan Agreement (Aspenbio Inc)

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Expenses of Collection or Enforcement. The Borrower agreesBorrowers agree, if at any time the Borrower defaults Borrowers default on any provision of this Loan Agreement, to pay Lender or its successors and assigns, in addition to any other amounts that may be due from the BorrowerBorrowers, an amount equal to the reasonable costs and expenses of collection, enforcement or correction or waiver of the default incurred by the Lender or its Assigns assigns in such collection, enforcement, enforcement or correction or waiver of default, including, but not limited to, the fees, costs and expenses of legal representation of Lender.

Appears in 1 contract

Samples: Security Agreement (Snowdance Inc)

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