Common use of Costs for Delayed Grace Assets and Delayed Grace Liabilities Clause in Contracts

Costs for Delayed Grace Assets and Delayed Grace Liabilities. Any member of the GCP Group retaining an Delayed Grace Asset or Delayed Grace Liability due to the deferral of the transfer or assignment of such Delayed Grace Asset or the deferral of the assumption of such Delayed Grace Liability, as the case may be, shall not be obligated, in connection with the foregoing, to expend any money unless the necessary funds are advanced (or otherwise made available) by Grace or the member of the Grace Group entitled to the Delayed Grace Asset or Delayed Grace Liability, other than reasonable out-of-pocket expenses, attorneys’ fees and recording or similar fees, all of which shall be promptly reimbursed by Grace or the member of the Grace Group entitled to such Delayed Grace Asset or Delayed Grace Liability.