Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any Event of Default, Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party under this Section 5.9, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate at which interest is then computed on any portion of the Indebtedness, and all such sums, together with interest thereon, shall be secured by this Deed of Trust. (b) Grantor shall pay all expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness or any claim under this Deed of Trust and the other Loan Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 4 contracts
Samples: Credit Agreement (Dean Foods Co), Loan Agreement (Consol Energy Inc), Credit Agreement (Alliant Techsystems Inc)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of If any Event of DefaultDefault exists, Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party under this Section 5.9, or otherwise under this Deed of Trust or any of the other Loan Indebtedness Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate at which interest is then computed on any portion of the IndebtednessApplicable Rate, and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all expenses (including reasonable attorneys’ fees and expensesexpenses and all costs and expenses related to legal work, research and litigation) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Indebtedness Documents, or the enforcement, compromise or settlement of the Indebtedness or any claim under this Deed of Trust and the other Loan Indebtedness Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 3 contracts
Samples: Deed of Trust, Assignment of Rents and Leases, Fixture Filing and Security Agreement (GNLV Corp), Deed of Trust (GNLV Corp), Deed of Trust, Assignment of Rents and Leases, Fixture Filing and Security Agreement (GNLV Corp)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any Event of Default, Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party under this Section 5.95.09, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest interest rate at which interest is then computed on any portion payable under Section 2.07 of the IndebtednessCredit Agreement, and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all reasonable out-of-pocket expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness or any claim under this Deed of Trust and the other Loan Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Houghton Mifflin Harcourt Co), Term Loan Credit Agreement (Houghton Mifflin Harcourt Co)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of If any Event of DefaultDefault exists, Beneficiary and each of the other Secured Parties Lenders shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party Lender under this Section SECTION 5.9, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate or rates at which interest is then computed on any portion of the Indebtedness, and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all expenses (including reasonable attorneys’ ' fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness or any claim under this Deed of Trust and the other Loan Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 2 contracts
Samples: Credit Agreement (Integrated Defense Technologies Inc), Credit Agreement (Integrated Defense Technologies Inc)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any Event of Default, Beneficiary and each of the other Secured Lender Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Lender Party under this Section 5.9, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate at which interest is then computed on any portion of the Indebtedness, and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all expenses (including reasonable attorneys’ ' fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness or any claim under this Deed of Trust and the other Loan Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 2 contracts
Samples: Credit Agreement (Headwaters Inc), Second Lien Credit Agreement (Headwaters Inc)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of If any Event of DefaultDefault has occurred and is continuing, Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party under this Section 5.9, or otherwise under this Deed of Trust or any of the other Loan Secured Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate or rates at which interest is then computed on any portion of the IndebtednessSecured Obligations at the then applicable rate pursuant to the Secured Documents, and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Secured Documents, or the enforcement, compromise or settlement of the Indebtedness Secured Obligations or any claim under this Deed of Trust and the other Loan Secured Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 1 contract
Samples: Line of Credit Deed of Trust (Erickson Air-Crane Inc.)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any an Event of Default, Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party under this Section 5.9Section, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate at which interest is then computed on any portion applicable to past due principal payments with respect to Loans (as described in Section 2.07 of the IndebtednessCredit Agreement (the “Default Rate”), and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness Obligations or any claim under this Deed of Trust and the other Loan Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 1 contract
Samples: Deed of Trust (Maxxam Inc)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any Event of Default, Beneficiary Mortgagee and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of GrantorMortgagor. All reasonable sums advanced and expenses incurred at any time by Beneficiary Mortgagee or any other Secured Party under this Section 5.94.9, or otherwise under this Deed of Trust or any of the other Loan Documents Mortgage or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate at which interest is then computed on any portion of the Indebtedness, and all such sums, together with interest thereon, shall be secured by this Deed of TrustMortgage.
(b) Grantor Mortgagor shall pay all reasonable expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, Mortgage or the enforcement, compromise or settlement of the Indebtedness or any claim under this Deed of Trust and the other Loan DocumentsMortgage, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary Mortgagee in respect thereof, by litigation or otherwise.
Appears in 1 contract
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any an Event of Default, Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party under this Section 5.9Section, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate at which interest is then computed on any portion applicable to past due principal payments with respect to Loans (as described in Section 2.07 of the IndebtednessLoan Agreement (the "Default Rate"), and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all expenses (including reasonable attorneys’ ' fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness Obligations or any claim under this Deed of Trust and the other Loan Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 1 contract
Samples: Deed of Trust (Maxxam Inc)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of If any Event of DefaultDefault exists, Agent for the benefit of Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party Agent under this Section 5.95.10, or otherwise under this Deed of Trust Mortgage or any of the other Loan Financing Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the rate of 1 1/2% per month, if not prohibited by law, otherwise at the highest rate at which interest is then computed on any portion of the Indebtednessthat Grantor can legally obligate itself to pay and/or Agent can legally collect, and all such sums, together with interest thereon, shall be secured by this Deed of TrustMortgage.
(b) Grantor shall pay all expenses (including reasonable attorneys’ ' fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust Mortgage and the other Loan Financing Documents, or the enforcement, compromise or settlement of the Indebtedness or any claim under this Deed of Trust Mortgage and the other Loan Financing Documents, and for the curing thereof, or for defending or asserting the rights and claims of Agent or Beneficiary in respect thereof, by litigation or otherwise.
Appears in 1 contract
Samples: Mortgage, Assignment of Rents and Leases, and Security Agreement (Otr Express Inc/Ks)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon [Upon] [To the extent not prohibited under the terms of the Subject Lease, upon] the occurrence and during the continuance of any Event of Default, Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party under this Section 5.9, or otherwise under this Deed of Trust Mortgage or any of the other Loan Documents or applicable lawlaw during the continuance of an Event of Default, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest default rate at which interest is then computed on any portion applicable to Base Rate Advances pursuant to Section 2.07(b) of the IndebtednessCredit Agreement, and all such sums, together with interest thereon, shall be secured by this Deed of TrustMortgage.
(b) Grantor shall pay all expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust Mortgage and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness or any claim under this Deed of Trust Mortgage and the other Loan Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 1 contract
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any an Event of Default, Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party under this Section 5.9Section, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate at which interest is then computed on any portion applicable to past due principal payments with respect to Loans (as described in Section 2.07 of the IndebtednessCredit Agreement (the "Default Rate"), and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all expenses (including reasonable attorneys’ ' fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness Obligations or any claim under this Deed of Trust and the other Loan Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 1 contract
Samples: Deed of Trust (Maxxam Inc)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any Event of Default, Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All reasonable sums advanced and expenses incurred at any time by Trustee, Beneficiary or any other Secured Party under this Section 5.9, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate at which interest is then computed on any portion of the Indebtedness, Obligations and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all out-of-pocket expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness Obligations or any claim under this Deed of Trust and the other Loan DocumentsTrust, and for the curing thereof, or for defending or asserting the rights and claims of Trustee or Beneficiary in respect thereof, by litigation or otherwise.
Appears in 1 contract
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any an Event of Default, Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party under this Section 5.9Section, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate at which interest is then computed on any portion applicable to past due principal payments with respect to Loans (as described in Section 2.07 of the IndebtednessLoan Agreement (the “Default Rate”), and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness Obligations or any claim under this Deed of Trust and the other Loan Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 1 contract
Samples: Deed of Trust (Maxxam Inc)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of If any Event of DefaultDefault exists, Beneficiary and each of the other Secured Parties Lenders shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party of the Lenders under this Section 5.9, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate or rates at which interest is then computed on any portion of the IndebtednessSecured Obligations, and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all expenses (including reasonable attorneys’ ' fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness Secured Obligations or any claim under this Deed of Trust and the other Loan Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 1 contract
Samples: Credit Agreement (Arterial Vascular Engineering Inc)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any an Event of Default, Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party under this Section 5.9, or otherwise under this Deed of Trust or any of the other Loan Transaction Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate at which interest is then computed on any portion of the Indebtedness, and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all expenses (including reasonable attorneys’ ' fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Transaction Documents, or the enforcement, compromise or settlement of the Indebtedness or any claim under this Deed of Trust and the other Loan Transaction Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 1 contract
Samples: Contribution and Loan Agreement (Delphi Properties Inc)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of If any Event of DefaultDefault exists, Beneficiary and each of the other Secured Parties Lenders shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of Grantor. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party Lender under this Section 5.9, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate or rates at which interest is then computed on any portion of the Indebtedness, and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) Grantor shall pay all expenses (including reasonable attorneys’ ' fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness or any claim under this Deed of Trust and the other Loan Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary in respect thereof, by litigation or otherwise.
Appears in 1 contract
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of If any Event of DefaultDefault exists, Beneficiary and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of GrantorGrantor in accordance with the Credit Agreement. All sums advanced and expenses incurred at any time by Beneficiary or any other Secured Party under this Section 5.9Section, or otherwise under this Deed of Trust or any of the other Loan Documents or applicable law, shall bear interest from the date that such sum is advanced or expense incurredincurred if not repaid within thirty (30) days after demand therefor, to and including the date of reimbursement, computed at the highest rate or rates at which interest is then computed on any portion of the IndebtednessObligations, and all such sums, together with interest thereon, shall be secured by this Deed of Trust.
(b) . Grantor shall pay all expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, or the enforcement, compromise or settlement of the Indebtedness Obligations or any claim under this Deed of Trust and the other Loan Documents, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary or the other Secured Parties in respect thereof, by litigation or otherwise.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Enviva Partners, LP)
Additional Advances and Disbursements; Costs of Enforcement. (a) Upon the occurrence and during the continuance of any Event of Default, Beneficiary Mortgagee and each of the other Secured Parties shall have the right, but not the obligation, to cure such Event of Default in the name and on behalf of GrantorMortgagor. All reasonable sums advanced and expenses incurred at any time by Beneficiary Mortgagee or any other Secured Party under this Section 5.9, or otherwise under this Deed of Trust or any of the other Loan Documents Mortgage or applicable law, shall bear interest from the date that such sum is advanced or expense incurred, to and including the date of reimbursement, computed at the highest rate at which interest is then computed on any portion of the Indebtedness, and all such sums, together with interest thereon, shall be secured by this Deed of TrustMortgage.
(b) Grantor Mortgagor shall pay all reasonable expenses (including reasonable attorneys’ fees and expenses) of or incidental to the perfection and enforcement of this Deed of Trust and the other Loan Documents, Mortgage or the enforcement, compromise or settlement of the Indebtedness or any claim under this Deed of Trust and the other Loan DocumentsMortgage, and for the curing thereof, or for defending or asserting the rights and claims of Beneficiary Mortgagee in respect thereof, by litigation or otherwise.
Appears in 1 contract
Samples: Credit Agreement (RBS Global Inc)