Facility Agent’s and Security Sample Clauses

Facility Agent’s and Security. Agent’s management time
Facility Agent’s and Security. Agent’s management time Any amount payable to the Facility Agent or the Security Agent under Clause 16.3 (Indemnity to the Facility Agent), Clause 17 (Costs and expenses), Clause 29.13 (Lenders’ indemnity to the Facility Agent) and Clause 29.14 (Secured Partiesindemnity to the Security Agent) shall include the cost of utilising the Facility Agent’s or the Security Agent’s management time or other resources and will be calculated on the basis of such reasonable daily or hourly rates as the Facility Agent or the Security Agent may notify to the Borrower and the Lenders, and is in addition to any fee paid or payable to the Facility Agent under Clause 12 (Fees).
Facility Agent’s and Security. Agent's Costs Each Borrower shall, on the basis of joint and several liability, from time to time on demand of the Facility Agent and/or the Security Agent (and without prejudice to the provisions of Clause 23.2 (Preservation and Enforcement of Rights) and Clause 29.2 (Amendment Costs) compensate the Facility Agent and/or the Security Agent, as applicable, at such daily and/or hourly rates as the Facility Agent and/or the Security Agent, as applicable, shall in the context of market rates in Hungary from time to time reasonably determine for the time and expenditure, all costs and expenses (including telephone, fax, copying, travel and personnel costs) incurred by the Facility Agent and/or the Security Agent, as applicable, in connection with its taking such action as it may deem appropriate or in complying with any instructions from an Instructing Group or any request by a Borrower in connection with: (a) the granting or proposed granting of any waiver or consent requested under this Agreement by a Borrower; (i) in the case of an instruction from an Instructing Group any breach by a Borrower of its obligations under this Agreement; and (ii) in the case of any request from a Borrower, any actual, potential or suspected breach by the Borrower of its obligations under this Agreement; (c) the occurrence of any event which is an Event of Default or a Potential Event of Default; or (d) any amendment or proposed amendment to this Agreement requested by Borrower.