Common use of Compensation and Reimbursement of Costs and Expenses Clause in Contracts

Compensation and Reimbursement of Costs and Expenses. (a) Trustor agrees to pay fees in the maximum amounts legally permitted, or reasonable fees as may be charged by Beneficiary and Trustee when the law provides no maximum limit, for any services that Beneficiary or Trustee may render in connection with this Deed of Trust, including Beneficiary's providing a statement of the Secured Obligations or Trustee's rendering of services in connection with a reconveyance. Trustor shall also pay or reimburse all of Beneficiary's and Trustee's costs and expenses which may be incurred in rendering any such services.

Appears in 4 contracts

Samples: Lifeloc Technologies, Inc, Indemnity Agreement (Prolong International Corp), Secured and Unsecured Indemnity Agreement (Prolong International Corp)

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Compensation and Reimbursement of Costs and Expenses. (a) Trustor agrees to pay fees in the maximum amounts legally permitted, or reasonable fees as may be charged by the Beneficiary and the Trustee when the law provides no maximum limit, for any services that the Beneficiary or the Trustee may render in connection with this Deed of Trust, including the Beneficiary's providing a statement of the Secured Obligations or the Trustee's rendering of services in connection with a reconveyance. Trustor shall also pay or reimburse all of the Beneficiary's and the Trustee's costs and expenses which may be incurred in rendering any such services.

Appears in 1 contract

Samples: Pacific Lumber Co /De/

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