Common use of Costs of Legal Proceedings Clause in Contracts

Costs of Legal Proceedings. The Grantor shall pay the Lender a reasonable attorney's fee in addition to all other legal costs in case the Lender shall become a party, either as plaintiff or defendant, to any legal proceedings in relation to the Property or the lien created hereby, which sums shall be secured hereby and shall be payable forthwith at the highest rate applicable to the Liabilities.

Appears in 2 contracts

Samples: Commercial Mortgage (Meadowbrook Insurance Group Inc), Mortgage (Nematron Corp)

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Costs of Legal Proceedings. The Grantor shall pay the Lender Bank a reasonable attorney's fee fee, on an hourly basis plus expenses, in addition to all other legal costs in case the Lender Bank shall become a party, either as plaintiff or defendant, to any legal proceedings in relation to the Property or the lien created hereby, which sums shall be secured hereby and shall be payable forthwith at the highest rate applicable to the Secured Liabilities.

Appears in 1 contract

Samples: Commercial Mortgage (Universal Logistics Holdings, Inc.)

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Costs of Legal Proceedings. The Grantor shall pay the Lender Bank a reasonable attorney's fee ’s fee, on an hourly basis plus expenses, in addition to all other legal costs in case the Lender Bank shall become a party, either as plaintiff or defendant, to any legal proceedings in relation to the Property or the lien created hereby, which sums shall be secured hereby and shall be payable forthwith at the highest rate applicable to the Secured Liabilities.

Appears in 1 contract

Samples: Commercial Mortgage (Universal Logistics Holdings, Inc.)

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