Enforcement and preservation costs. The Company shall, within three Business Days of demand, pay to the Security Agent the amount of all costs and expenses (including legal fees and together with any applicable VAT) incurred by it in connection with the enforcement of or the preservation of any rights under any Debt Document and the Transaction Security and any proceedings instituted by or against the Security Agent as a consequence of taking or holding the Transaction Security or enforcing these rights.
Appears in 3 contracts
Samples: Intercreditor Agreement, Intercreditor Agreement (Tidewater Inc), Intercreditor Agreement
Enforcement and preservation costs. The Company shall, within three Business Days of demand, pay to the Security Agent Trustee and the other Creditors the amount of all costs and expenses (including legal fees and together with any applicable VATfees) incurred by it them in connection with the enforcement of or the preservation of any rights under any Debt Finance Document and the Transaction Security and any proceedings instituted by or against the Security Agent Trustee as a consequence of taking or holding the Transaction Security under the Finance Documents or enforcing these rights.
Appears in 2 contracts
Samples: Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp)
Enforcement and preservation costs. The Company shall, within three (3) Business Days of demand, pay to the Security Agent Trustee the amount of all costs and expenses (including legal fees and together with any applicable VAT) incurred by it in connection with the enforcement of or the preservation of any rights under any Debt Document and the Transaction Security and any proceedings instituted by or against the Security Agent Trustee as a consequence of taking or holding the Transaction Security or enforcing these rights.
Appears in 2 contracts
Samples: Intercreditor Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.)
Enforcement and preservation costs. The Company shall, within three (3) Business Days of demand, pay to the Common Security Agent the amount of all costs and expenses (including legal fees and together with any applicable VAT) incurred by it in connection with the enforcement of or the preservation of any rights under any Debt Secured Document and the Transaction Security and any proceedings instituted by or against the Common Security Agent as a consequence of taking or holding the Transaction Security or enforcing these rights.
Appears in 2 contracts
Enforcement and preservation costs. The Company shall, within three Business Days of demand, pay to the Security Agent Trustee the amount of all costs and expenses (including legal fees and together with any applicable VAT) incurred by it in connection with the enforcement of or the preservation of any rights under any Debt Document and the Transaction Security and any proceedings instituted by or against the Security Agent Trustee as a consequence of taking or holding the Transaction Security or enforcing these rights.
Appears in 1 contract
Enforcement and preservation costs. The Company shall, within three Business Days of demand, pay to the Security Agent Trustee and the other Creditors the amount of all costs and expenses (including which shall include legal fees and together with any applicable VATfees) incurred by it them in connection with the enforcement of or the preservation of any rights under any Debt Finance Document and the Transaction Security and any proceedings instituted by or against the Security Agent Trustee as a consequence of taking or holding the Transaction Security under the Finance Documents or enforcing these rights.
Appears in 1 contract
