Common use of Payment of Expenses, Indemnities, etc Clause in Contracts

Payment of Expenses, Indemnities, etc. (a) Each Guarantor agrees to pay or reimburse each Guaranteed Creditor and the Subordinated Noteholder Representative for all out-of-pocket expenses incurred by such Person, including the fees, charges and disbursements of any counsel for the Subordinated Noteholder Representative or any Guaranteed Creditor, in connection with the enforcement or protection of its rights in connection with this Agreement or any other Transaction Document, including, without limitation, all costs and expenses incurred in collecting against such Guarantor under the guarantee contained in Article II or otherwise enforcing or preserving any rights under this Agreement and the other Transaction Documents to which such Guarantor is a party.

Appears in 4 contracts

Samples: Subordinated Guaranty and Pledge Agreement (Teton Energy Corp), Subordinated Guaranty and Pledge Agreement (Teton Energy Corp), Assumption Agreement (Teton Energy Corp)

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Payment of Expenses, Indemnities, etc. (a) Each Guarantor agrees to pay or reimburse each Guaranteed Creditor and the Subordinated Noteholder Representative Administrative Agent (and each Related Party of the foregoing) for all out-of-pocket expenses incurred by such Person, including the fees, charges and disbursements of any counsel for the Subordinated Noteholder Representative Administrative Agent or any Guaranteed Creditor, in connection with the enforcement or protection of its rights in connection with this Agreement or any other Transaction Loan Document, including, without limitation, all costs and expenses incurred in collecting against such Guarantor under the guarantee contained in Article ARTICLE II or otherwise enforcing or preserving any rights under this Agreement and the other Transaction Loan Documents to which such Guarantor is a party.

Appears in 1 contract

Samples: Credit Agreement (Hercules Offshore, LLC)

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Payment of Expenses, Indemnities, etc. (a) Each Guarantor Guarantor, jointly and severally, agrees to pay or reimburse each Guaranteed Creditor and the Subordinated Noteholder Representative for all out-of-pocket expenses incurred by such Person, including the fees, charges and disbursements of any counsel for the Subordinated Noteholder Representative Collateral Agent or any Guaranteed Creditor, in connection with the enforcement or protection of its rights in connection with this Agreement or any other Transaction Guaranteed Document, including, without limitation, all costs and expenses incurred in collecting against such Guarantor under the guarantee contained in Article ARTICLE II or otherwise enforcing or preserving any rights under this Agreement and the other Transaction Guaranteed Documents to which such Guarantor is a party.

Appears in 1 contract

Samples: Assumption Agreement (Hornbeck Offshore Services Inc /La)

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