Common use of Payment of valuation expenses Clause in Contracts

Payment of valuation expenses. Without prejudice to the generality of the Borrower’s obligations under Clauses 20.2 (Costs of negotiation, preparation etc.), 20.3 (Costs of variations, amendments enforcement etc.) and 21.3 (Other breakage), the Borrower shall, on demand, pay the Agent the amount of the fees and expenses of any Approved Broker or expert instructed by the Agent under this Clause and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause.

Payment of valuation expenses. Without prejudice to the generality of the Borrower’s Borrowers’ obligations under Clauses 20.2 (Costs of negotiation, preparation etc.), 20.3 (Costs of variations, amendments amendments, enforcement etc.) and 21.3 (Other breakageMiscellaneous indemnities), the Borrower Borrowers shall, on demand, pay the Agent the amount of the fees and expenses of any Approved Broker shipbroker or expert instructed by the Agent under this Clause and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause.

Payment of valuation expenses. Without prejudice to the generality of the Borrower’s Borrowers’ obligations under Clauses 20.2 (Costs of negotiation, preparation etc.)20.2, 20.3 (Costs of variations, amendments enforcement etc.) and 21.3 (Other breakage)21.3, the Borrower Borrowers shall, on demand, pay the Agent the amount of the fees and expenses of any Approved Broker shipbroker or expert instructed by the Agent under this Clause (no more than twice per year per Ship unless an Event of Default has occurred which is continuing) and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause.

Payment of valuation expenses. Without prejudice to the generality of the Borrower’s obligations under Clauses 20.2 (Costs of negotiation, preparation etc.), 20.3 (Costs of variations, amendments amendments, enforcement etc.) and 21.3 21.2 (Other breakagebreakage costs), the Borrower shall, on demand, pay the Agent the amount of the fees and expenses of any Approved Broker or expert instructed by the Agent under this Clause and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause.

Payment of valuation expenses. Without prejudice to the generality of the Borrower’s Borrowers’ obligations under Clauses 20.2 (Costs of negotiation, preparation etc.)20.2, 20.3 (Costs of variations, amendments enforcement etc.) and 21.3 (Other breakage)21.3, the Borrower Borrowers shall, on demand, pay the Agent the amount of the fees and expenses of any Approved Broker shipbroker or expert instructed by the Agent under this Clause 15 (but not more often than once in any period of 12 months unless an Event of Default has occurred) and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause.