Common use of Costs and Expenses of Collection Clause in Contracts

Costs and Expenses of Collection. The Guarantor agrees, as principal obligor and not as a guarantor only, to pay to HRP forthwith upon demand, in immediately available funds, all costs and expenses (including, without limitation, all court costs and all fees and disbursements of counsel to HRP) incurred or expended by HRP in connection with the enforcement of this Guaranty, together with interest on such amounts from the time such amounts become due until payment at the Default Rate. It shall be a condition of the obligations of Guarantor to pay any fees and expenses payable by it under this Guaranty that HRP shall have, or shall have caused to have, provided the Guarantor with a writing describing such fees and/or expenses in reasonable detail.

Costs and Expenses of Collection. The Guarantor agrees, as principal -------------------------------- obligor and not as a guarantor only, to pay to HRP forthwith upon demand, in immediately available funds, all costs and expenses (including, without limitation, all court costs and all reasonable fees and disbursements of counsel to HRP) incurred or expended by HRP in connection with the enforcement of this Guaranty, together with interest on such amounts from the time such amounts become due until payment at the Default Rate. It shall be a condition of the obligations of Guarantor to pay any fees and expenses payable by it under this Guaranty that HRP shall have, or shall have caused to have, provided the Guarantor with a writing describing such fees and/or expenses in reasonable detail.

Costs and Expenses of Collection. The Guarantor agrees, as principal obligor and not as a guarantor only, to pay to HRP forthwith upon demand, in immediately available funds, all costs and expenses (including, without limitation, all court costs and all reasonable fees and disbursements of counsel to HRP) incurred or expended by HRP in connection with the enforcement of this Guaranty, together with interest on such amounts from the time such amounts become due until payment at the Default Rate. It shall be a condition of the obligations of Guarantor to pay any fees and expenses payable by it under this Guaranty that HRP shall have, or shall have caused to have, provided the Guarantor with a writing describing such fees and/or expenses in reasonable detail.

Costs and Expenses of Collection. The Guarantor agrees, as principal -------------------------------- obligor and not as a guarantor only, to pay to HRP forthwith upon demand, in immediately available funds, all costs and expenses (including, without limitation, all court costs and all fees and disbursements of counsel to HRP) incurred or expended by HRP in connection with the enforcement of this Guaranty, together with interest on such amounts from the time such amounts become due until payment at the Default Rate. It shall be a condition of the obligations of Guarantor to pay any fees and expenses payable by it under this Guaranty that HRP shall have, or shall have caused to have, provided the Guarantor with a writing describing such fees and/or expenses in reasonable detail.