Common use of Enforcement and preservation costs Clause in Contracts

Enforcement and preservation costs. The Borrowers shall within five Business Days of demand by a Finance Party, pay to each Finance Party the amount of all costs and expenses (including fees, costs and expenses of legal advisers and insurance and other consultants and advisers) properly incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and any proceedings initiated by or against any Indemnified Person and as a consequence of holding the Charged Property or enforcing those rights.

Appears in 3 contracts

Samples: Facilities Agreement (GasLog Partners LP), Facilities Agreement (GasLog Partners LP), Facilities Agreement (GasLog Ltd.)

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Enforcement and preservation costs. The Borrowers shall Borrower shall, within five Business Days of demand by a Finance Partydemand, pay to each Finance Party the amount of all costs and expenses (including legal fees, costs and expenses of legal advisers and insurance and other consultants and advisers) properly incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and the Transaction Security and any proceedings initiated instituted by or against any Indemnified Person and that Secured Party as a consequence of it entering into a Finance Document, taking or holding the Charged Property Transaction Security, or enforcing those rights.

Appears in 3 contracts

Samples: Loan Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD)

Enforcement and preservation costs. The Borrowers shall Borrower shall, within five Business Days of demand by a Finance Partydemand, pay to each Finance Party the amount of all costs and expenses (including but not limited to legal fees, costs and expenses of legal advisers and insurance and other consultants and advisers) properly incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document or the Transaction Security and with any proceedings initiated instituted by or against any Indemnified Person and that Finance Party as a consequence of it entering into a Finance Document, taking or holding the Charged Property Transaction Security, or enforcing those rights.

Appears in 2 contracts

Samples: Facility Agreement (NorthStar Healthcare Income, Inc.), Facility Agreement (Northstar Realty Finance Corp.)

Enforcement and preservation costs. The Borrowers shall Borrower shall, within five Business Days of demand by a Finance Partydemand, pay (or procure payment) to each Finance Party the amount of all costs and expenses (including fees, costs legal fees and expenses of legal advisers and insurance and other consultants and advisersnotarial costs) properly incurred by that Finance Party Party, Arranger or Delegate in connection with the enforcement of, of or the preservation of any rights underrights, powers and remedies under any Bridge Finance Document and any proceedings initiated by or against any Indemnified Person and as a consequence of holding the Charged Property or enforcing those rightsTransaction Security.

Appears in 2 contracts

Samples: Bridge Facility Agreement (Nordic Telephone CO ApS), Bridge Facility Agreement (Nordic Telephone CO ApS)

Enforcement and preservation costs. The Borrowers shall Company shall, within five Business Days of demand by a Finance Partywritten demand, pay to each Finance Party the amount of all costs and expenses (including including, but not limited to, legal fees, costs and expenses of legal advisers and insurance and other consultants and advisers) properly incurred by that Finance Party in connection with the enforcement of, or after an Event of Default which is continuing, the preservation of any rights under, any Finance Document and any proceedings initiated instituted by or against any Indemnified Person and the Agent as a consequence of holding the Charged Property or enforcing those these rights.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (VTTI Energy Partners LP)

Enforcement and preservation costs. The Borrowers Borrower shall within five Business Days of demand by a Finance Party, pay to each Finance Party the amount of all costs and expenses (including fees, costs and expenses of legal advisers and insurance and other consultants and advisers) properly reasonably incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and any proceedings initiated by or against any Indemnified Person and as a consequence of holding the Charged Property or enforcing those rights.

Appears in 2 contracts

Samples: Facility Agreement (GasLog Ltd.), Facility Agreement (GasLog Ltd.)

Enforcement and preservation costs. The Borrowers shall Borrower shall, within five (5) Business Days of demand by a Finance Partydemand, pay to each Finance Party the amount of all costs and expenses (including legal fees, costs and expenses of legal advisers and insurance and other consultants and advisers) properly incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and the Security Interests and any proceedings initiated instituted by or against any Indemnified Person and the Security Holder as a consequence of taking or holding the Charged Property Security Interests created or claimed to be created under the Security Documents or enforcing those rights.

Appears in 1 contract

Samples: Term Facility Agreement (SSR Mining Inc.)

Enforcement and preservation costs. The Borrowers shall Borrower shall, within five Business Days of demand by a Finance Partydemand, pay to each Finance Party the amount of all costs and expenses (including legal fees, costs and expenses of legal advisers and insurance and other consultants and advisers) properly incurred by that Finance Party it in connection with the enforcement of, of or the preservation of any rights under, under any Finance Document and the Transaction Security and any proceedings initiated instituted by or against any Indemnified Person and Finance Party as a consequence of taking or holding the Charged Property Transaction Security or enforcing those these rights.

Appears in 1 contract

Samples: Facility Agreement (Madeleine Charging B.V.)

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Enforcement and preservation costs. The Borrowers shall Borrower shall, within five (5) Business Days of demand by a Finance Partydemand, pay to each Finance Secured Party the amount of all costs and expenses (including legal fees, costs and expenses of legal advisers and insurance and other consultants and advisers) properly incurred by that Finance Secured Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and the Transaction Security and any proceedings initiated instituted by or against any Indemnified Person and that Secured Party as a consequence of it entering into a Finance Document, taking or holding the Charged Property Transaction Security, or enforcing those rights.

Appears in 1 contract

Samples: Facility Agreement

Enforcement and preservation costs. The Borrowers shall shall, within five (5) Business Days of demand by a Finance Partydemand, pay to each Finance Party the amount of all costs and expenses (including legal fees, costs and expenses of legal advisers and insurance and other consultants and advisers) properly incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document or the Transaction Security and with any proceedings initiated instituted by or against any Indemnified Person and that Finance Party as a consequence of it entering into a Finance Document, taking or holding the Charged Property Transaction Security, or enforcing those rights.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Enforcement and preservation costs. The Borrowers shall Borrower shall, within five 10 Business Days of demand by a Finance Partydemand, pay to each Finance Party the amount of all costs and expenses (including legal fees, costs and expenses of legal advisers and insurance and other consultants and advisers) properly incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and the Transaction Security and any proceedings initiated instituted by or against any Indemnified Person and that Finance Party as a consequence of it entering into a Finance Document, taking or holding the Charged Property Transaction Security, or enforcing those rights.

Appears in 1 contract

Samples: Facility Agreement (Advanced Technology (Cayman) LTD)

Enforcement and preservation costs. The Borrowers Borrower shall within five Business Days of demand by a Finance Party, pay to each Finance Party the amount of all costs and expenses (including fees, costs and expenses of legal advisers and insurance and other consultants and advisers) properly incurred by that Finance Party in connection with the enforcement of, or the preservation of any rights under, any Finance Document and any proceedings initiated by or against any Indemnified Person and as a consequence of holding the Charged Property or enforcing those rights.

Appears in 1 contract

Samples: Facility Agreement (GasLog Ltd.)

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