Costs to Prevailing Party Clause Samples
The "Costs to Prevailing Party" clause establishes that the party who wins a legal dispute is entitled to recover certain costs incurred during the litigation process. Typically, these costs may include court filing fees, reasonable attorney’s fees, and other expenses directly related to the case. By specifying that the losing party must pay these costs, the clause incentivizes parties to resolve disputes efficiently and discourages frivolous lawsuits, ensuring that the prevailing party is not unduly burdened by the financial impact of enforcing their rights.
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Costs to Prevailing Party. If any action or arbitration proceeding is brought by any party against any other party under this Credit Agreement or any of the Loan Documents, the prevailing party shall be entitled to recover such costs and attorney's fees as the court in such action or proceeding may adjudge reasonable.
Costs to Prevailing Party. If any action or proceeding is brought by any party against any other party under this Guaranty, the prevailing party shall be entitled to recover such costs and attorney's fees as the court in such action or proceeding may adjudge reasonable.
Costs to Prevailing Party. In the event any action is instituted by a Party to enforce any of the terms and provisions contained herein, the prevailing Party in such action shall be entitled to receive from the other Party reasonable lawyers’ fees, costs and expenses incurred in enforcing this Confidentiality Agreement.
Costs to Prevailing Party. In the event of such litigation or other legal action to enforce any rights, responsibilities or obligations under this Agreement, the prevailing party shall be entitled to receive its reasonable costs and attorney’s fees.