Common use of Attorneys’ Fees and Costs of Collection Clause in Contracts

Attorneys’ Fees and Costs of Collection. If at any time or times hereafter the Lender employs counsel to pursue collection, to intervene, to xxx for enforcement of, or take any other action with respect to the terms hereof or of the Note, then in such event, all of the reasonable attorneys’ fees, actually incurred (and not statutory attorney’s fees), and disbursements relating thereto and any other fees and disbursements incurred by or on behalf of the Lender, due to the failure of Borrower to pay the Indebtedness when due and payable, shall be an additional liability of the Guarantor to the Lender, payable on demand.

Attorneys’ Fees and Costs of Collection. If at any time or times hereafter the Lender employs Purchasers employ counsel to pursue collection, to intervene, to xxx for enforcement of, or take any other action with respect to the terms hereof or of the NoteBridge Notes, then in such event, all of the reasonable attorneys’ fees, actually incurred (and not statutory attorney’s fees), ' fees and disbursements relating thereto and any other fees and disbursements incurred by or on behalf of the LenderPurchaser, including costs and legal fees in any appeal due to the failure of Borrower the Company to pay the Indebtedness Obligations when due and payable, shall be an additional liability of the Guarantor to the LenderPurchasers, payable on demand.