Common use of Collateral Agent's Fee Clause in Contracts

Collateral Agent's Fee. Compensation of the Collateral Agent for its services hereunder and reimbursement for any expenses incurred by it in the performance of its duties hereunder shall be paid by the Company pursuant to a separate fee schedule previously delivered by the Collateral Agent to the Company (the "Fee Schedule"). The Collateral Agent shall notify the Company of all extraordinary fees, costs and expenses of the Collateral Agent directly relating to the Collateral Agent's performance of this Security Agreement, and such extraordinary fees, costs and expenses shall be paid promptly by the Company or, if already paid by the Collateral Agent, the Company promptly shall reimburse the Collateral Agent therefor. For the purposes of this provision, extraordinary fees, costs and expenses shall include all fees, costs and expenses incurred by the Collateral Agent in performance of this Security Agreement which are not otherwise expressly covered by the Fee Schedule, including, without limitation, expenses of legal counsel to the Collateral Agent and the fees and expenses of the Collateral Agent undertaking any activity described in Paragraphs 14, 15 and 16 above or procedures related to reviewing of documents listed on Schedule B or in furnishing any additional reports and information reasonably requested by the Credit Agent or any Lender pursuant to clause (c) of Paragraph 8 above.

Appears in 3 contracts

Samples: Security and Collateral Agency Agreement (Pulte Homes Inc/Mi/), Security and Collateral Agency Agreement (Pulte Homes Inc/Mi/), Security Agreement (Pulte Homes Inc/Mi/)

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Collateral Agent's Fee. Compensation of the Collateral Agent for its services hereunder and reimbursement for any expenses incurred by it in the performance of its duties hereunder shall be paid by the Company pursuant to a separate fee schedule previously delivered by the Collateral Agent to the Company (the "Fee Schedule"). The Collateral Agent shall notify the Company of all extraordinary fees, costs and expenses of the Collateral Agent directly relating to the Collateral Agent's performance of this Security Agreement, and such extraordinary fees, costs and expenses shall be paid promptly by the Company or, if already paid by the Collateral Agent, the Company promptly shall reimburse the Collateral Agent therefor. For the purposes of this provision, extraordinary fees, costs and expenses shall include all fees, costs and expenses incurred by the Collateral Agent in performance of this Security Agreement which are not otherwise expressly covered by the Fee Schedule, including, without limitation, expenses of legal counsel to the Collateral Agent and the fees and expenses of the Collateral Agent undertaking any activity described in Paragraphs 14, 15 and 16 above or procedures related to reviewing of documents listed on Schedule B or in furnishing any additional reports and - 15 - <PAGE> information reasonably requested by the Credit Agent or any Lender pursuant to clause (c) of Paragraph 8 above.. (b)

Appears in 1 contract

Samples: Security and Collateral Agency Agreement

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