Costs and Interest. 8.1 Each of the parties shall be responsible for its own costs, charges and expenses (including taxation) incurred in connection with negotiating, preparing and implementing this Agreement and the transactions contemplated by it.
Costs and Interest. All costs, expenses and expenditures of the Landlord, incurred upon any default by the Tenant hereunder, including, without limitation, the legal costs incurred by the Landlord on an indemnification basis as between solicitor and his own client shall, forthwith on demand, be paid by the Tenant to the Landlord as Additional Rent. All rent and other sums due to the Landlord pursuant to the terms of this Lease shall be paid by the Tenant promptly when due, and if not so paid, shall bear interest from their respective due dates at the rate of five (5%) per cent per annum above the then existing Bank of Canada Prime Rate, both before and after default, demand and judgment.
Costs and Interest. 7.1 Each of the Parties shall be responsible for its own costs, charges and expenses (including taxation) incurred in connection with negotiating, preparing and implementing this Agreement and the transactions contemplated by it.
7.2 The Company shall reimburse additional expenses of Olayan in the amount equal to $2,400,000, either by wire transfer of immediately available funds or through the issuance to Olayan or its designated Affiliate of an equivalent amount in Common Shares valued at $11.244 per share, in the sole discretion of the Company.
Costs and Interest. All costs, expenses and expenditures of the Lessor, incurred upon any default by the Lessee hereunder, including, without limitation, the legal costs incurred by the Lessor on an indemnification basis as between solicitor and his own client shall, forthwith on demand, be paid by the Lessee to the Lessor as Additional Rent. All rent and other sums due to the Lessor pursuant to the terms of this Lease shall be paid by the Lessee promptly when due, and if not so paid, shall bear interest from their respective due dates at the rate of eighteen (18%) per cent per annum, both before and after default, demand and judgment.
Costs and Interest. If either party fails to promptly pay or cause to be paid the amount due pursuant to this Section 8.6, and, in order to obtain such payment, the other party commences a suit that results in a judgment against such party for the payment set forth in this Section 8.6 or any portion of such payment, such party shall pay the other party its costs and expenses (including attorneys’ fees) in connection with such suit, together with interest on the amount of the payment at the prime rate of HSBC Bank, London, in effect on the date such payment was required to be paid, from the date on which such payment was required through the date of actual payment. In no event shall Linde or Praxair be obligated pursuant to this Section 8.6 to pay more than one Linde Termination Payment or Praxair Termination Payment, respectively.
Costs and Interest. 12.1 What the Licensee agrees to pay
(a) the Licensor’s reasonable Costs in connection with:
(i) negotiating, preparing, executing and, if applicable, stamping this agreement; and
(ii) obtaining any consents the Licensor must obtain before giving approvals; and
(iii) considering requests for approvals;
(b) the Licensor’s Costs in connection with the Licensee’s default, including enforcing rights (or considering doing so);
(c) if applicable, all duties (including fines and penalties, except to the extent that they have been imposed because of the Licensor’s delay);
(d) everything the Licensee must do under this agreement; and
(e) all Costs in connection with works the Licensee carries out, including those incurred by the Licensor. The Licensee agrees to pay amounts due under this clause within seven days after a demand from the Licensor.
12.2 Items included in Costs
(a) the Costs referred to in clause 12.1 and the liability or loss or Costs referred to in clause 16.1 include legal Costs on whichever is the higher of a full indemnity basis or solicitor and own client basis; and
(b) the Costs referred to in clause 12.1 include those paid, or that the Licensor reasonably believes are payable, to persons engaged by the Licensor in connection with this agreement (such as consultants).
Costs and Interest. In addition to and without derogating from the provisions of Section 16.1 of this License, all costs, expenses and expenditures, incurred by the County in exercising any of its rights upon any default by the CRCA hereunder, including, without limitation, the legal costs incurred by the County on a full indemnity basis as between solicitor and his own client shall, forthwith on demand, be paid by the CRCA to the County on demand. All other sums due to the County pursuant to the terms of this License shall be paid by the CRCA promptly when due, and if not so paid, shall bear interest from their respective due dates at the rate of Seven (7%) percent per annum, both before and after default, demand and judgment.
Costs and Interest. All costs, expenses and expenditures of the Landlord, incurred upon any default by the Tenant hereunder, including, without limitation, the legal costs incurred by the Landlord on an indemnification basis as between solicitor and his own client shall, forthwith on demand, be paid by the Tenant to the Landlord as Additional Rent. All rent and other sums due to the Landlord pursuant to the terms of this Lease shall be paid by the Tenant promptly when due, and if not so paid, shall bear interest from their respective due dates at the rate of twelve (12) percent per annum, both before and after default, demand and judgement.
Costs and Interest. 10.1. If Buyer fails to fulfil its payment obligation within the term of 14 Days, then the Buyer shall be, without further notice, in default. In that event, Buyer can owe an interest of 5% per month, unless the statutory interest rate is higher, in which case the statutory interest rate shall apply. The interest on the amount due and payable shall be calculated as from the Day the Buyer is in default until the moment he has paid the amount in full.
10.2. If the Buyer fails to fulfil his obligations (in due time) or defaults on them, then all reasonable costs incurred to have all extrajudicial costs and debts paid shall be borne by the Buyer. The costs shall be 15% of the amount claimed with a minimum of € 50,-.
10.3. If POLSPOTTEN demonstrates that it has incurred higher expenses, which were reasonably necessary, said expenses shall also qualify for reimbursement by Xxxxx.
Costs and Interest. In the event that any legal proceeding is brought by Sublessor or Sublessee against the other party hereto with respect to any breach by such other party of its obligations under this Sublease, the prevailing party in such legal proceeding shall be entitled to recover reasonable costs and attorneys' fees incurred by it with respect to such proceeding in addition to damages and other relief available at law and/or in equity. If Sublessee shall fail to perform any of the obligations to be performed by Sublessee under the Sublease, Sublessor, without being under any obligation to do so and without thereby waiving such default, may remedy such default for the account and at the expense of Sublessee, and, if Sublessor makes any expenditures or incurs any obligations for the payment of money in connection therewith, such sums paid or obligations incurred, with interest at the rate of twelve percent (12%) per annum, shall be paid to Sublessor by Sublessee as additional rent. Sublessor agrees with Sublessee that Sublessor shall during the term of the Sublease pay all rent and additional rent due by Sublessor to the Lessor under the Master Lease, and, if Sublessor shall fail to make any such payments to the Lessor, Sublessee, without being under any obligation to do so and without thereby waiving such default, may remedy such default for the account of Sublessor, unless such default by Sublessor is cured by Sublessor within twenty (20) days after notice thereof by Sublessee to Sublessor, by paying such amounts of rent or additional rent as are due by Sublessor to the Lessor under the Master Lease, and, if Sublessee makes any such payments which it is authorized to make as aforesaid, Sublessee shall then have the right to deduct a corresponding amount from base monthly rent thereafter due by Sublessee to Sublessor pursuant to this Sublease .
