Costs and Other Payments Sample Clauses

Costs and Other Payments. If an Event of Default occurs hereunder, then any Cost incurred by Lender under this Agreement or under any Loan Document, or any other advance, disbursement or payment made by Lender pursuant to this Agreement or any Loan Document including but not limited to payments of charges or other protective advances, together with interest thereon at 11% per annum, shall be part of the Obligations secured by the Collateral, payable by Borrowers promptly upon demand therefore.
AutoNDA by SimpleDocs
Costs and Other Payments. Borrower shall be responsible for any Cost in this Agreement which shall be paid promptly upon receipt of an invoice therefor. Unless subject to a good faith dispute as to the amount or the obligation of Borrower to pay under this Agreement, any Cost not paid by the later of when due or 6 Business Days after receipt of such invoice may be paid by Lender as an Advance hereunder, and if so paid shall be part of the Obligations and shall bear interest at the Default Rate applicable to Base Rate Loans until an amount equal to such Advance has been repaid to Lender.
Costs and Other Payments. 16.3.1 Save as expressly provided in this Agreement to the contrary, each Party shall be responsible for its own costs incurred in connection with the negotiation, preparation, execution and implementation by it of this Agreement and of all Transaction Documents, provided that this clause 16.3 shall not prejudice the right of any Party to seek to recover its costs in any litigation or dispute resolution procedure which may arise out of this Agreement.
Costs and Other Payments. Unless specifically provided herein or in any other Loan Document, any Cost, or other advance, disbursement or payment made by Lender pursuant to this Agreement or any other Loan Document (other than disbursements of Loan proceeds in accordance with the terms hereof) together with interest thereon at the Interest Rate shall be part of the Secured Obligations secured by the Collateral, payable by Borrower within ten (10) days after demand therefor and if not paid within said ten (10) day period shall bear interest at the Default Rate, until paid. Lender shall have the right to make disbursements to pay Costs without notice to or consent of Borrower and any amount so disbursed shall be Costs hereunder, shall be part of the Secured Obligations, shall be secured by the Collateral and shall be payable in accordance with this Section 8.2. With respect to any agreement by Borrower in this Agreement or in any other Loan Document to pay Lender's attorneys' fees and disbursements incurred in connection with the Loan, Borrower agrees that each Loan Document is a "contract of indebtedness" and that the attorneys' fees and disbursements referenced are those which are a reasonable amount, all as contemplated by Ohio Revised Code Section 1301.21, as such Section may hereafter be amended. Borrower further agrees that the Indebtedness incurred in connection with the Loan is not incurred for purposes that are primarily personal, family or household and confirms that the total amount owed on the contract of indebtedness exceeds One Hundred Thousand and no/100 Dollars ($100,000.00). Notwithstanding anything to the contrary contained herein, Borrower shall not be liable for any Costs incurred by Lender to review Lender's books and records or inspection of the Property by Lender's officers, directors and employees in excess of an aggregate amount equal to $15,000 during the term of the Loan; provided that nothing contained herein shall be deemed to limit Lender's right to reimbursement of Costs incurred after the occurrence of an Event of Default and during the continuation thereof or limit the amount to be reimbursed for costs and expenses of a third-party consultants, engineers or other agents of Lender.

Related to Costs and Other Payments

  • Expenses and Other Payments (a) Except as otherwise provided in this Section 8.3, each party shall pay its own expenses incident to preparing for, entering into and carrying out this Agreement and the consummation of the Transactions, whether or not the Merger shall be consummated.

  • Taxes and Other Payments 7.1. Unless otherwise specifically provided for in this Agreement, the Company shall not be liable for the payment of taxes or other payments for which the Employee is responsible as result of this Agreement or any other legal provision, and the Employee shall be personally liable for such taxes and other payments.

  • Fees, Expenses and Other Payments (a) Except as otherwise provided in this Section 7.3, whether or not the Merger is consummated, all costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby (including, without limitation, fees and disbursements of counsel, financial advisors and accountants) shall be borne solely and entirely by the party which has incurred such costs and expenses (with respect to such party, its "Expenses").

  • Improper and Other Payments (a) Neither the Company, any director, officer, employee thereof, nor any agent or representative of the Company nor any person acting on behalf of any of them, has made, paid or received any unlawful bribes, kickbacks or other similar payments to or from any person or authority, (b) no contributions have been made, directly or indirectly, by the Company to a domestic or foreign political party or candidate; and (c) the internal accounting controls of the Company are believed by the Company’s management to be adequate to detect any of the foregoing under current circumstances.

  • Royalties and Other Payments A. For the rights, privileges and exclusive license granted hereunder, Licensee shall pay to CMCC the following amounts in the manner hereinafter provided. Unless expressly stated otherwise in this Agreement, periodic payment obligations listed below shall endure through the Term of this Agreement, unless this Agreement shall be sooner terminated as hereinafter provided:

  • Fees and Other Charges (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date.

  • Attorneys’ Fees and Other Costs If either party breaches this Agreement, or if a dispute arises between the parties based on or involving this Agreement, the party that prevails in the resolution of such dispute is entitled to recover from the other party its reasonable attorneys’ fees, court costs, and expenses incurred in enforcing such rights or resolving such dispute. For purposes of this Section 10.11, the finder of fact shall be requested to answer affirmatively as to whether a party “prevailed” in order to recoup attorneys’ fees and other costs pursuant to this Section 10.11.

  • Handling Fees and Other Expenses All fees and out of pocket expenses relating to this Agreement, including but not limited to legal costs, costs of production, stamp tax and any other taxes and fees, shall be borne by Party C.

  • Legal Fees and Other Expenses The Company will pay all reasonable fees and expenses, if any, (including, without limitation, legal fees and expenses) that are incurred by the Executive to enforce this Agreement and that result from a breach of this Agreement by the Company.

  • TAXES AND OTHER LIABILITIES Pay and discharge when due any and all indebtedness, obligations, assessments and taxes, both real or personal, including without limitation federal and state income taxes and state and local property taxes and assessments, except such (a) as Borrower may in good faith contest or as to which a bona fide dispute may arise, and (b) for which Borrower has made provision, to Bank's satisfaction, for eventual payment thereof in the event Borrower is obligated to make such payment.

Time is Money Join Law Insider Premium to draft better contracts faster.