Common use of Expenses of Litigation Clause in Contracts

Expenses of Litigation. All sums reasonably incurred by ---------------------- Mortgagee for the expense of any litigation (including, without limitation, reasonable attorneys' fees and expenses) to prosecute or defend the rights and lien created by this Mortgage shall be paid by Mortgagor on demand, together with interest thereon at the Default Rate, and shall be deemed part of the indebtedness secured by this Mortgage.

Appears in 4 contracts

Samples: Iowa (Gencor Industries Inc), Gencor Industries Inc, Gencor Industries Inc

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Expenses of Litigation. All sums reasonably incurred by Mortgagee ---------------------- Mortgagee for the expense of any litigation (including, without limitation, reasonable attorneys' fees and expenses) to prosecute or defend the rights and lien created by this Mortgage shall be paid by Mortgagor on demand, together with interest thereon at the Default Rate, and shall be deemed part of the indebtedness secured by this Mortgage.

Appears in 1 contract

Samples: Gencor Industries Inc

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Expenses of Litigation. All sums reasonably incurred by ---------------------- Mortgagee for the expense of any litigation (including, without limitation, reasonable attorneys' fees and expenses) to prosecute or defend the rights and lien created by this Mortgage shall be paid by Mortgagor on demand, together with interest thereon at the Default Rate, and shall be deemed part of the indebtedness secured by this Mortgage.

Appears in 1 contract

Samples: Pledge and Security Agreement (L 3 Communications Holdings Inc)

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