Default Costs definition

Default Costs means reasonable attorney's fees and remarketing costs resulting from a Lessee default or Lessor's enforcement of its remedies. DELIVERY DATE - means date of delivery of Inventory Equipment to Lessee's address.

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Default Costs means reasonable attorney's fees and remarketing costs resulting ------------- from a Lessee default or Lessor's enforcement of its remedies. Delivery Date - means date of delivery of Inventory Equipment to Lessee's ------------- address.

Default Costs means reasonable attorney's fees and remarketing costs resulting from a Lessee default or Lessor's enforcement of its remedies.

Examples of Default Costs in a sentence

• Borrower hereby agrees to pay to Bank upon demand all Default Costs incurred by Bank, which agreement shall be a continuing agreement and shall survive payment of the Loans and termination of this Agreement.

• Borrower hereby agrees to indemnify Bank Parties and their respective officers, directors, agents, and attorneys against, and to hold Bank Parties and all such other Persons harmless from all Default Costs, which indemnification is in addition to, and not in derogation of, any statutory, equitable, or common law right or remedy Bank Parties may have for breach of representation, warranty, statement or covenant or otherwise may have under any of the Loan Documents.

• Each Borrower hereby agrees to pay to Bank upon demand all Default Costs incurred by Bank, which agreement shall be a continuing agreement and shall survive payment of the Loan and termination of this Agreement.

• Borrowers desire to secure the Obligations, including, but not limited to, the obligations to pay the principal of and interest on the Note in accordance with the respective terms thereof or of the Credit Agreement, including any and all extensions, modifications, and renewals thereof and substitutions therefor, and to pay, repay or reimburse Bank for all amounts owing under any of the Loan Documents, including all Indemnified Losses and Default Costs.

• The net proceeds for any such transaction will be determined based upon the following: (a) if sold, the cash proceeds of the sale, less the Fair Market Value of the Equipment at the end of the Base Term and less the Default Costs; or (b) if leased, the present value (discounted at three percent over the prime rate as referenced in the Wall Street Journal at the time of the mitigation) of the rentals for a term not to exceed the remainder of the Base Term at the time of default, less the Default Costs.

More Definitions of Default Costs

Default Costs means all Indemnified Losses incurred by Bank by reason of a Default.

Default Costs means the total of (A) all costs and expenses (including, without limitation, the cost of soliciting and entering into new contracts) incurred by HPD, directly or indirectly, in connection with the completion of the Work following a Default, and (B) all consequential costs, expenses, and damages incurred by HPD, directly or indirectly, arising from a Default.

Default Costs means reasonable costs and expenses, including court costs, reasonable collection and attorney’s fees and costs, as well as any costs of repossession, repairing, refurbishing and remarketing resulting from a Lessee Event of Default.

Default Costs means reasonable attorney's fees and remarking costs resulting from a Customer default or NetWolves' enforcement of its remedies.

Default Costs means all Indemnified Losses incurred by any Lender Party by reason of a Default.

Default Costs has the meaning given in the Joint Venture Agreement.

Default Costs has the meaning given in clause 9.2(b)(ii). * * * Pursuant to a request for confidential treatment filed with the Securities and Exchange Commission, confidential portions of this exhibit have been omitted and filed separately with the Securities and Exchange Commission