Common use of Company to Pay Attorneys’ Fees and Disbursements Clause in Contracts

Company to Pay Attorneys’ Fees and Disbursements. If the Company shall default under any of the provisions of this Participation Agreement and the Authority or the Trustee or both shall employ attorneys or incur other expenses for the collection of payments due under this Participation Agreement or the Note or for the enforcement of performance or observance of any obligation or agreement on the part of the Company contained in this Participation Agreement, the Company will on demand therefor reimburse the reasonable fees of such attorneys and such other reasonable disbursements so incurred.

Appears in 11 contracts

Samples: Participation Agreement (Consolidated Edison Co of New York Inc), Participation Agreement (Consolidated Edison Inc), Participation Agreement (Consolidated Edison Co of New York Inc)

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Company to Pay Attorneys’ Fees and Disbursements. If the Company shall default under any of the provisions of this Participation Agreement and the Authority or the Trustee or both of them shall employ attorneys or incur other expenses for the collection of payments due under this Participation Agreement or the Note or for the enforcement of performance or observance of any obligation or agreement on the part of the Company contained in this Participation Agreement, the Company will on demand therefor reimburse the reasonable fees of such attorneys and such other reasonable disbursements so incurred.

Appears in 3 contracts

Samples: Participation Agreement (Marketspan Corp), Participation Agreement (Central Hudson Gas & Electric Corp), Participation Agreement (Long Island Lighting Co)

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Company to Pay Attorneys’ Fees and Disbursements. If the Company shall default under any of the provisions of this Participation Agreement and the Authority or the Trustee or both shall employ attorneys or incur other expenses for the collection of payments due under this Participation Agreement or the Note or for the enforcement of performance or observance of any obligation or agreement on the part of the Company contained in this Participation Agreement, the Company will on demand therefor reimburse the reasonable fees of such attorneys and such other reasonable disbursements so incurred.

Appears in 2 contracts

Samples: Participation Agreement (Keyspan Corp), Participation Agreement (Keyspan Corp)

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