Expenses of Lenders Sample Clauses

Expenses of Lenders. Holding and Company hereby jointly and severally agree to pay on demand all reasonable costs and expenses incurred by Agent or any Lender, including costs and fees of counsel to Agent or any Lender and other professional fees and expenses, in connection with the preparation, negotiation, review and execution of this Amendment and the other Loan Documents executed pursuant hereto and any and all amendments, modifications and supplements thereto. Holding and Company hereby confirm their obligation to pay promptly the costs and expenses for which they are obligated pursuant to Section 10.3 of the Credit Agreement.
AutoNDA by SimpleDocs
Expenses of Lenders. In addition to the costs and expenses set forth in Section 6.03 above, Borrowers agrees to pay on demand all reasonable costs and expenses incurred by Lenders (other than Agent) in connection with the enforcement of the Credit Agreement and any Other Document and this Amendment, including, without limitation, the costs and fees of legal counsel.
Expenses of Lenders. Borrower will pay all expenses of the Lenders, including the reasonable fees and expenses of legal counsel for Lenders, in connection with the preparation, negotiation and consummation of the transactions described in this Agreement. Borrower will pay all expenses of the Administrative Agent, including the reasonable fees and expense of legal counsel for Administrative Agent, incurred in connection with the administration, amendment or modification of this Agreement and the other Loan Documents, and Borrower will pay all expenses of all Lenders, including the reasonable fees and expenses of legal counsel for Lenders, incurred in connection with the enforcement of this Agreement, the Obligations and the collection or attempted collection of the Notes.
Expenses of Lenders. The Obligors shall promptly pay (a) upon Agent's request, estimated filing and recording fees and expenses for the Loan Papers creating the Lender Liens, and (b) all reasonable costs, fees, and expenses paid or incurred by Agent or any Lender incident to any of the Loan Papers (including, but not limited to, any additional filing or recording fees and the reasonable fees and expenses of counsel to Agent and any Lender in connection with the negotiation, preparation, and execution of the Loan Papers and any related amendment, waiver, or consent and in connection with the Loan, and, if a Potential Default or Default exists, Lenders' expenses described in SECTION 11.4(d)) or to the enforcement of the obligations of any of the Obligors or the exercise of any Rights (including, but not limited to, reasonable attorneys' fees and court costs), all of which shall be a part of the Obligation.
Expenses of Lenders. All reasonable expenses in protecting, storing, warehousing, insuring, handling and shipping of the Collateral, all costs of keeping the Collateral free of liens, encumbrances and security interests (other than the security interests created by this Agreement) and the removing of the same and all excise, property, sales and use taxes imposed by state, federal or local authority on any of the Collateral or with respect to the sale thereof, shall be borne and paid for by the Borrower or Bayfront, as the case may be, and if the Borrower fails promptly to pay any amounts thereof when due, the Lenders may, at their option, but shall not be required to, pay the same, and upon payment, the same shall constitute Obligations and shall bear interest at the highest interest rate specified in the Notes and shall be secured by the security interests granted hereunder.
Expenses of Lenders. Holding and Company hereby jointly and severally agree to pay on demand all costs and expenses incurred by Agent, including costs and fees of counsel to Agent in connection with the preparation, negotiation, review and execution of this Amendment and Waiver and the other Loan Documents executed pursuant hereto and any and all amendments, modifications and supplements thereto.
Expenses of Lenders. Borrower hereby agrees to pay to each Lender on demand (a) all reasonable and documented out of pocket costs and expenses incurred by such Lender in connection with the preparation, negotiation and execution of this Agreement and the other Loan Documents and any and all amendments, modifications, renewals, extensions and supplements thereof and thereto, including, without limitation, the reasonable fees and expenses of each Lender’s legal counsel, (b) all reasonable and documented out of pocket costs and expenses incurred by the such Lender in connection with the enforcement of this Agreement or any other Loan Document, including, without limitation, the reasonable fees and expenses of each Lender’s legal counsel and (c) all other reasonable and documented out of pocket costs and expenses incurred by the Lenders in connection with this Agreement or any other Loan Document, including, without limitation, all costs, expenses, Taxes (other than the Excluded Taxes), assessments, filing fees and other charges levied by any Governmental Authority or otherwise payable in respect of this Agreement or any other Loan Document.
AutoNDA by SimpleDocs
Expenses of Lenders. The Obligors shall promptly pay (a) upon Agent's request, estimated filing and recording fees and expenses for the Loan Papers creating the Lender Liens, and (b) all reasonable costs, fees, and expenses paid or incurred by Agent or any Lender incident to any of the Loan Papers (including, but not limited to, any additional filing or recording fees and the reasonable fees and expenses of counsel to Agent and any Lender in connection with the negotiation, preparation, and execution of the Loan Papers and any related amendment, waiver, or consent and in connection with any proposed Advance or LC, whether any Advance or LC is ever made and, if a Potential Default or Default exists, Lenders' expenses described in SECTION 11.4(D)) or to the enforcement of the obligations of any of the Obligors or the exercise of any Rights (including, but not limited to, reasonable attorneys' fees and court costs), all of which shall be a part of the Obligation.

Related to Expenses of Lenders

  • Expenses of Lender As provided in the Loan Agreement, Borrower agrees to pay on demand all costs and expenses incurred by Lender in connection with the preparation, negotiation and execution of this Amendment and the other Loan Documents executed pursuant hereto and any and all amendments, modifications, and supplements thereto, including, without limitation, the costs and fees of Lender's legal counsel, and all costs and expenses incurred by Lender in connection with the enforcement or preservation of any rights under the Loan Agreement, as amended hereby, or any other Loan Documents, including, without, limitation, the costs and fees of Lender's legal counsel.

  • Loan Accounts of Lenders Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the Obligations of the Borrower to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder.

  • Approvals of Lenders All communications from the Agent to any Lender requesting such Lender’s determination, consent, approval or disapproval (a) shall be given in the form of a written notice to such Lender, (b) shall be accompanied by a description of the matter or issue as to which such determination, approval, consent or disapproval is requested, or shall advise such Lender where information, if any, regarding such matter or issue may be inspected, or shall otherwise describe the matter or issue to be resolved, (c) shall include, if reasonably requested by such Lender and to the extent not previously provided to such Lender, written materials and, as appropriate, a brief summary of all oral information provided to the Agent by the Parent or the Borrower in respect of the matter or issue to be resolved, and (d) shall include the Agent’s recommended course of action or determination in respect thereof. Each Lender shall reply promptly, but in any event within 10 Business Days (or such lesser or greater period as may be specifically required under the Loan Documents) of receipt of such communication. Except as otherwise provided in this Agreement, unless a Lender shall give written notice to the Agent that it specifically objects to the recommendation or determination of the Agent (together with a written explanation of the reasons behind such objection) within the applicable time period for reply, such Lender shall be deemed to have conclusively approved of or consented to such recommendation or determination.

  • Rights of Lenders Each Guarantor consents and agrees that the Secured Parties may, at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate or otherwise change the time for payment or the terms of the Secured Obligations or any part thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Secured Obligations; (c) apply such security and direct the order or manner of sale thereof as the Administrative Agent, the L/C Issuer and the Lenders in their sole discretion may determine; and (d) release or substitute one or more of any endorsers or other guarantors of any of the Secured Obligations. Without limiting the generality of the foregoing, each Guarantor consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of such Guarantor under this Guaranty or which, but for this provision, might operate as a discharge of such Guarantor.

  • Status of Lenders (i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Loan Document shall deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation reasonably requested by the Borrower or the Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by applicable law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in Section 2.17(f)(ii)(A), (ii)(B) and (ii)(D) below) shall not be required if in the Lender’s reasonable judgment such completion, execution or submission would subject such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Lender.

  • Certificates of Lenders Any Lender claiming reimbursement or compensation pursuant to this Article X shall deliver to the Borrower (with a copy to Agent) a certificate setting forth in reasonable detail the amount payable to such Lender hereunder and such certificate shall be conclusive and binding on the Borrower in the absence of manifest error.

  • Obligation of Lenders The obligation of any Lender under any Syndicated Letter of Credit shall be several and not joint and shall at any time be in an amount equal to such Lender’s Applicable Percentage of the aggregate undrawn amount of such Syndicated Letter of Credit, and each Syndicated Letter of Credit shall expressly so provide.

  • Replacement of Lenders If any Lender requests compensation under Section 3.04, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, the Borrower may replace such Lender in accordance with Section 10.13.

  • Rights of Lender The Guarantor consents and agrees that the Lender may, at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate or otherwise change the time for payment or the terms of the Guaranteed Obligations or any part thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Guaranteed Obligations; (c) apply such security and direct the order or manner of sale thereof as the Lender in its sole discretion may determine; and (d) release or substitute one or more of any endorsers or other guarantors of any of the Guaranteed Obligations. Without limiting the generality of the foregoing, the Guarantor consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of the Guarantor under this Guaranty or which, but for this provision, might operate as a discharge of the Guarantor.

  • Obligations of Lenders Each Loan shall be made as part of a Borrowing consisting of Loans of the same Type made by the Lenders ratably in accordance with their respective Commitments. The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required.

Time is Money Join Law Insider Premium to draft better contracts faster.