Common use of Payment of Fees and Premium Clause in Contracts

Payment of Fees and Premium. (a) Legal and Accounting Fees. IOS Capital shall pay or cause to be paid, within 5 Business Days of receipt of the related invoice, reasonable legal fees, auditors' fees in connection with the provision of information or any consent in connection with the Offering Document and disbursements incurred by the Insurer in connection with the issuance of the Policies. Any reasonable additional fees of the Insurer's counsel or auditors payable in respect of any amendment or supplement to the Offering Document, or in respect of the issuance of any additional indebtedness by the Issuer, incurred after the Closing Date shall be paid by IOS Capital on demand.