Common use of Bank Charges Clause in Contracts

Bank Charges. Borrower shall pay to Lender, on demand, any and all fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (a) the forwarding by Lender to Borrower or any other Person on behalf of Borrower of proceeds of loans made by Lender to Borrower pursuant to this Agreement and (b) the depositing by Lender for collection of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 2 contracts

Samples: Loan and Security Agreement (Meade Instruments Corp), Loan and Security Agreement (Meade Instruments Corp)

AutoNDA by SimpleDocs

Bank Charges. Borrower shall pay to Lender, on demand, any and all normal and customary fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (ai) the forwarding by Lender to Borrower or any other Person on behalf of Borrower Borrower, or by Lender, of proceeds of loans made by Lender to Borrower pursuant to this Agreement and (bii) the depositing for collection, by Lender for collection Lender, of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 2 contracts

Samples: Loan and Security Agreement (Advanced Technical Products Inc), Loan and Security Agreement (Advanced Technical Products Inc)

Bank Charges. Borrower shall pay to Lender, on demand, any and all fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (ai) the forwarding by Lender to Borrower or any other Person on behalf of Borrower Borrower, by Lender, of proceeds of loans made by Lender to Borrower pursuant to this Agreement and (bii) the depositing for collection, by Lender for collection Lender, of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 2 contracts

Samples: Loan and Security Agreement (Emtec Inc/Nj), Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)

Bank Charges. Borrower shall pay to Lender, on demand, any and all normal and customary fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (ai) the forwarding by Lender to Borrower or any other Person on behalf of Borrower Borrower, by Lender, of proceeds of loans made by Lender to Borrower pursuant to this Agreement and (bii) the depositing for collection, by Lender for collection Lender, of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 2 contracts

Samples: Loan and Security Agreement (Bayard Drilling Technologies Inc), Loan and Security Agreement (Bayard Drilling Technologies Inc)

Bank Charges. Borrower shall pay to Lender, on demand, any and all fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (aI) the forwarding by Lender to Borrower or any other Person on behalf of Borrower Borrower, by Lender of proceeds of loans made by Lender to Borrower pursuant to this Agreement and (bII) the depositing for collection, by Lender for collection of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Media Sciences International Inc)

Bank Charges. Borrower shall pay to Lender, on demand, any and all fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (ai) the forwarding by Lender to Borrower or any other Person on behalf of Borrower Borrower, by Lender, of proceeds of loans Loans made by Lender to Borrower pursuant to this Agreement Agreement, and (bii) the depositing for collection, by Lender for collection of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (First Aviation Services Inc)

Bank Charges. Borrower shall pay to Lender, on demand, Lender any and all fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (a) the forwarding by Lender to Borrower or any other Person on behalf of Borrower of proceeds of loans made by Lender to Borrower pursuant to this Agreement and (b) the depositing for collection, by Lender for collection Lender, of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Jayhawk Acceptance Corp)

Bank Charges. Borrower Borrowers shall pay to Lender, on demand, any and all fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (ai) the forwarding by Lender to Borrower Borrowers or any other Person on behalf of Borrower any Borrower, by Lender, of proceeds of loans made by Lender to any Borrower pursuant to this Agreement and (bii) the depositing for collection, by Lender for collection Lender, of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (United Industrial Corp /De/)

Bank Charges. Borrower shall pay to Lender, on demand, any and all fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (ai) the forwarding by Lender to Borrower or any other Person on behalf of Borrower Borrower, by Lender, of proceeds of loans made by proceexx xx xxans maxx xx Lender to Borrower pursuant to this Agreement and (bii) the depositing for collection, by Lender for collection or any Participating Lender, of any check or item of payment received by or delivered to Lender or any Participating Lender on account of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Pure World Inc)

Bank Charges. Borrower Borrowers shall pay to Lender, on demand, any and all fees, costs or expenses which Lender pays to charges customarily asserted by a bank or other similar institution arising out of against Lender for or in connection with (a) the respect to Lender's forwarding by Lender to Borrower or any other Person on behalf of Borrower of Borrowers proceeds of loans Loans made by Lender to Borrower Borrowers pursuant to this Loan Agreement and (b) or the Other Agreements, or for or with respect to Lender's depositing by Lender for collection of any check or item of payment received by or delivered to Lender on account of the ObligationsLiabilities.

Appears in 1 contract

Samples: Loan and Security Agreement (Vita Food Products Inc)

AutoNDA by SimpleDocs

Bank Charges. Borrower Borrowers shall pay to Lender, on demand, any and all fees, costs or expenses which Lender pays to a bank or other similar institution (including, without limitation, any fees paid by Lender) arising out of or in connection with (ai) the forwarding by Lender to any Borrower or any other Person on behalf of Borrower any Borrower, by Lender, of proceeds of loans made by Lender to any Borrower pursuant to this Agreement and (bii) the depositing for collection, by Lender for collection Lender, of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Tmci Electronics Inc)

Bank Charges. Borrower shall pay to Lender, on demand, Lender any and all fees, costs or ------------ expenses which Lender pays to a bank or other similar institution arising out of or in connection with (a) the forwarding by Lender to Borrower or any other Person on behalf of Borrower of proceeds of loans made by Lender to Borrower pursuant to this Agreement and (b) the depositing for collection, by Lender for collection Lender, of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Jayhawk Acceptance Corp)

Bank Charges. Borrower Borrowers shall pay to Lender, on demand, any and all fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (ai) the forwarding by Lender to any Borrower or any other Person on behalf of Borrower any Borrower, by Lender of proceeds of loans Loans made by Lender to any Borrower pursuant to this Agreement and (bii) the depositing for collection by Lender for collection of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Mothers Work Inc)

Bank Charges. Borrower Borrowers shall pay to Lender, on demand, any and all fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (ai) the forwarding by Lender to Borrower Borrowers or any other Person on behalf of Borrower Borrowers, by Lender, of proceeds of loans made by Lender to Borrower Borrowers pursuant to this Agreement and (bii) the depositing for collection, by Lender for collection Lender, of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)

Bank Charges. Borrower shall pay to Lender, on demand, any and all fees, costs or expenses which Lender pays to a bank or other similar institution arising out of or in connection with (ai) the forwarding by Lender to Borrower or any other Person on behalf of Borrower by Lender of proceeds of loans Loans made by Lender to Borrower pursuant to this Agreement and (bii) the depositing for collection, by Lender for collection Lender, of any check or item of payment received by or delivered to Lender on account of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Atlantic Coast Airlines Inc)

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