Common use of Costs of Counsel Clause in Contracts

Costs of Counsel. At all times hereafter, whether or not upon the occurrence of an Event of Default, the Pledgors agree to promptly pay upon demand any and all reasonable costs and expenses (including reasonable attorneys’ fees and expenses) of the Collateral Agent and the holders of the Secured Obligations (a) as required under Section 11.04 of the Credit Agreement and (b) as necessary to protect the Pledged Collateral or to exercise any rights or remedies under this Pledge Agreement or with respect to any of the Pledged Collateral. All of the foregoing costs and expenses shall constitute Secured Obligations hereunder.

Appears in 3 contracts

Samples: Pledge Agreement (Armstrong World Industries Inc), Pledge Agreement (Kraton Polymers LLC), Pledge Agreement (Armstrong World Industries Inc)

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Costs of Counsel. At all times hereafter, whether or not upon the occurrence of an Event of Default, the Pledgors Pledgor agree to promptly pay upon demand any and all reasonable costs and expenses (including reasonable attorneys’ legal fees and expenses) of the Collateral Agent and the holders of the Secured Obligations (a) as required under Section 11.04 of the Credit Agreement and (b) as necessary to protect the Pledged Collateral or to exercise any rights or remedies under this Pledge Agreement or with respect to any of the Pledged Collateral. All of the foregoing costs and expenses shall constitute Secured Obligations hereunder.

Appears in 3 contracts

Samples: Canadian Pledge Agreement (Armstrong World Industries Inc), Canadian Pledge Agreement (Armstrong World Industries Inc), Canadian Pledge Agreement (Armstrong World Industries Inc)

Costs of Counsel. At all times hereafter, whether or not upon the occurrence of an Event of Default, the Pledgors agree to promptly pay upon demand any and all reasonable costs and expenses (including reasonable attorneys’ fees and expenses) of the Collateral Agent and the holders of the Secured Obligations (a) as required under Section 11.04 of the Credit Agreement and (b) as necessary to protect the Pledged Collateral or to exercise any rights or remedies under this Pledge Agreement or with respect to any of the Pledged Collateral. All of the foregoing costs and expenses shall constitute Secured Obligations hereunder.. CHAR2\1772675v2

Appears in 1 contract

Samples: Pledge Agreement (Armstrong World Industries Inc)

Costs of Counsel. At all times hereafter, whether or not upon the occurrence of an Event of Default, the Pledgors agree to promptly pay upon demand any and all reasonable costs and expenses (including reasonable including, without limitation, attorneys' fees and expensesactually incurred but excluding the allocated costs of internal counsel) of the Collateral Agent and the holders of the Secured Obligations (a) as required under Section 11.04 11.5 of the Credit Agreement and (b) as necessary to protect the Pledged Collateral or to exercise any rights or remedies under this Pledge Agreement or with respect to any of the Pledged Collateral. All of the foregoing costs and expenses shall constitute Secured Obligations hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Accredo Health Inc)

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Costs of Counsel. At all times hereafter, whether or not upon the occurrence of an Event of Default, the Pledgors agree to promptly pay upon demand any and all reasonable costs and expenses (including reasonable attorneys’ fees and expensesincluding, without limitation, Attorney Costs) of the Collateral Agent and the holders of the Secured Obligations (a) as required under Section 11.04 of the Credit Agreement and (b) as necessary to protect the Pledged Collateral or to exercise any rights or remedies under this Pledge Agreement or with respect to any of the Pledged Collateral. All of the foregoing costs and expenses shall constitute Secured Obligations hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Amerigroup Corp)

Costs of Counsel. At all times hereafter, whether or not upon the occurrence of an Event of Default, the Pledgors Pledgor agree to promptly pay upon demand any and all reasonable costs and expenses (including reasonable attorneys’ fees and expensesincluding, without limitation, Attorney Costs) of the Collateral Agent and the holders of the Secured Obligations (a) as required under Section 11.04 of the Credit Agreement and (b) as necessary to protect the Pledged Collateral or to exercise any rights or remedies under this Pledge Agreement or with respect to any of the Pledged Collateral. All of the foregoing costs and expenses shall constitute Secured Obligations hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Amerigroup Corp)

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