Attorneys’ Fees; Enforcement. Notwithstanding anything contained herein to the contrary, if any attorney is engaged by Lender to enforce or defend any provision of this Guaranty or any of the other Loan Documents, or as a consequence of any default or event of default under this Guaranty or any of the other Loan Documents, with or without the filing of any legal action or proceeding, then Guarantor shall immediately pay on demand all Attorneys' Fees and Costs, as defined below, incurred by Lender in connection therewith, together with interest thereon from the date of such demand until paid, at the rate of interest then applicable to the principal owing under the Note. As used in this Guaranty, "Attorneys' Fees and Costs" shall mean all the reasonable fees and expenses of counsel to Lender incurred after a Default, which may include, without limitation, costs incurred for printing, photostating, duplicating, facsimile transmissions, record searches, appraisals, air freight charges, discovery, investigation and other expenses, and fees billed for law clerks, paralegals, experts and witnesses, accountants, and others not admitted to the bar but performing services under the supervision of or on behalf of an attorney. The term "Attorneys' Fees and Costs" shall also include, without limitation, all such reasonable fees and expenses incurred with respect to legal actions, appeals, arbitrations, and bankruptcy proceedings, whether or not any action or proceeding is brought with respect to the matter for which said fees and expenses were incurred.
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Attorneys’ Fees; Enforcement. Notwithstanding anything contained herein to the contrary, if any attorney is engaged by Lender to enforce or defend any provision of this Guaranty or any of the other Loan Documents, or as a consequence of any default or event of default under this Guaranty or any of the other Loan Documents, with or without the filing of any legal action or proceeding, then Guarantor shall immediately pay on demand all Attorneys' ’ Fees and Costs, as defined below, incurred by Lender in connection therewith, together with interest thereon from the date of such demand until paid, at the rate of interest then applicable to the principal owing under the Note. As used in this Guaranty, "“Attorneys' ’ Fees and Costs" ” shall mean all the reasonable fees and expenses of counsel to Lender incurred after a Default, which may include, without limitation, costs incurred for printing, photostating, duplicating, facsimile transmissions, record searches, appraisals, air freight charges, discovery, investigation and other expenses, and fees billed for law clerks, paralegals, experts and witnesses, accountants, and others not admitted to the bar but performing services under the supervision of or on behalf of an attorney. The term "“Attorneys' ’ Fees and Costs" ” shall also include, without limitation, all such reasonable fees and expenses incurred with respect to legal actions, appeals, arbitrations, and bankruptcy proceedings, whether or not any action or proceeding is brought with respect to the matter for which said fees and expenses were incurred.
Appears in 1 contract
Samples: Guaranty (Medcath Corp)
Attorneys’ Fees; Enforcement. Notwithstanding anything contained herein to the contrary, if any attorney is engaged by Lender to enforce or defend any provision of this Guaranty or any of the other Loan Documents, or as a consequence of any default or event of default under this Guaranty or any of the other Loan Documents, with or without the filing of any legal action or proceeding, then Guarantor shall immediately pay on demand all Attorneys' Fees and Costs, as defined below, incurred by Lender in connection therewith, together with interest thereon from the date of such demand until paid, at the rate of interest then applicable to the principal owing under the Note. As used in this Guaranty, "Attorneys' Fees and Costs" shall mean all the reasonable fees and expenses of counsel to Lender incurred after a Default, which may include, without limitation, costs incurred for printing, photostatingPhotostatting, duplicating, facsimile transmissions, record searches, appraisals, air freight charges, discovery, investigation and other expenses, and fees billed for law clerks, paralegals, experts and witnesses, accountants, and others not admitted to the bar but performing services under the supervision of or on behalf of an attorney. The term "Attorneys' Fees and Costs" shall also include, without limitation, all such reasonable fees and expenses incurred with respect to legal actions, appeals, arbitrations, and bankruptcy proceedings, whether or not any action or proceeding is brought with respect to the matter for which said fees and expenses were incurred.
Appears in 1 contract
Samples: Guaranty (Medcath Corp)