Common use of Collateral Agent’s Fees and Expenses; Indemnification Clause in Contracts

Collateral Agent’s Fees and Expenses; Indemnification. (a) In accordance with, and to the extent consistent with, the terms of the Intercreditor Agreement, each Pledgor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any rights of the Collateral Agent hereunder or (iv) the failure of any Pledgor to perform or observe any of the provisions hereof applicable to it.

Appears in 5 contracts

Samples: Collateral Agreement, Collateral Agreement (Verso Paper Corp.), Collateral Agreement (Verso Paper Corp.)

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Collateral Agent’s Fees and Expenses; Indemnification. (a) In accordance with, and to the extent consistent with, the terms of the Secured Notes Intercreditor Agreement, each Pledgor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any rights of the Collateral Agent hereunder or (iv) the failure of any Pledgor to perform or observe any of the provisions hereof applicable to it.

Appears in 2 contracts

Samples: Collateral Agreement (Verso Paper Holdings LLC), Collateral Agreement (Verso Paper Corp.)

Collateral Agent’s Fees and Expenses; Indemnification. (a) In accordance with, and Subject to the extent consistent with, the terms of the Intercreditor Agreement, each Pledgor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any rights of the Collateral Agent hereunder or (iv) the failure of any Pledgor to perform or observe any of the provisions hereof applicable to it.

Appears in 1 contract

Samples: Collateral Agreement (Berry Plastics Holding Corp)

Collateral Agent’s Fees and Expenses; Indemnification. (ai) In accordance with, and to the extent consistent with, the terms of the Intercreditor Agreement, each Each Pledgor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable fees, disbursements fees and other charges expenses of its counsel and of any experts or agents, which that the Collateral Agent may incur in connection with (ia) the administration of this Agreement or the Pledge Intercreditor Agreement, (iib) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iiic) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder or under the Pledge Intercreditor Agreement or (ivd) the failure of any Pledgor the Pledgors to perform or observe any of the provisions hereof applicable to itor thereof.

Appears in 1 contract

Samples: Master Pledge Agreement (Rti Capital Corp)

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Collateral Agent’s Fees and Expenses; Indemnification. (a) In accordance with, and to the extent consistent with, the terms of the Intercreditor Agreement, each Pledgor Grantor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any rights of the Collateral Agent hereunder or (iv) the failure of any Pledgor Grantor to perform or observe any of the provisions hereof applicable to it.

Appears in 1 contract

Samples: Collateral Agreement (Remy International, Inc.)

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