Common use of Enforcement and preservation costs Clause in Contracts

Enforcement and preservation costs. The Company shall, within five Business Days of demand, pay to each Finance Party the amount of all costs and expenses (including legal fees, disbursements and other out of pocket expenses) incurred by it in connection with the enforcement of or the preservation of any rights under any Finance 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. SECTION 7 GUARANTEE

Appears in 2 contracts

Samples: And Restatement Agreement (Melco Crown Entertainment LTD), Restatement Agreement (Melco Crown Entertainment LTD)

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Enforcement and preservation costs. The Company shall, within five Business Days of written demand, pay to each Finance Secured Party the amount of all costs and expenses (including legal fees, disbursements and other out of pocket expenses) properly incurred by it that Secured Party in connection with the enforcement of of, or the preservation of any rights under under, any Finance Document and or the Transaction Security and with any proceedings instituted by or against the Security Agent that Secured Party as a consequence of it entering into a Finance Document or taking or holding the Transaction Security Security, or enforcing these those rights. SECTION 7 GUARANTEE.

Appears in 2 contracts

Samples: Agreement (Cboe Global Markets, Inc.), Agreement (Cboe Global Markets, Inc.)

Enforcement and preservation costs. The Company shall, within five Business Days of demand, pay (or procure payment) to each Finance Party the amount of all costs and expenses (including legal fees, disbursements fees and other out of pocket expensesnotarial costs) incurred by it that Finance Party, Arrangers or Delegate in connection with the enforcement of or the preservation of any rights rights, powers and remedies under any PIK Finance 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. SECTION 7 GUARANTEEDocument.

Appears in 2 contracts

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

Enforcement and preservation costs. The Company shall, within five Business Days of written demand, pay to each Finance Party and/or Receiver or Delegate Party the amount of all costs and expenses (including legal fees, disbursements and other out of pocket expensesfees (subject to any agreed cap)) incurred by it in connection with the enforcement of or the preservation of any rights under any 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 or enforcing these rights. SECTION 7 GUARANTEE.

Appears in 2 contracts

Samples: Intercreditor Agreement (Manchester United PLC), Intercreditor Agreement (Manchester United PLC)

Enforcement and preservation costs. The Company shall, within five Business Days of written demand, pay to each Finance Party the amount of all costs and expenses (including including, but not limited to, legal fees, disbursements and other out of pocket expenses) incurred by it that Finance Party in connection with the enforcement of, or after an Event of or Default which is continuing, the preservation of any rights under under, any Finance 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. SECTION 7 GUARANTEE

Appears in 1 contract

Samples: Facility Agreement (VTTI Energy Partners LP)

Enforcement and preservation costs. The Company shall, within five Business Days of demand, pay to each Finance Party the amount of all costs and expenses (including legal fees, disbursements and other out of pocket expenses) incurred by it in connection with the enforcement of or the preservation of any rights under any Finance 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. SECTION 7 GUARANTEE

Appears in 1 contract

Samples: Facilities Agreement (Melco PBL Entertainment (Macau) LTD)

Enforcement and preservation costs. The Company shall, within five Business Days of written demand, pay to each Finance Party the amount of all costs and expenses (including including, but not limited to, legal fees, disbursements and other out of pocket expenses) incurred by it that Finance Party in connection with the enforcement of, or after an Event of or Default which is continuing, the preservation of any rights under under, any Finance 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. SECTION 7 GUARANTEE.

Appears in 1 contract

Samples: Facility Agreement

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Enforcement and preservation costs. The Company shall, within five Business Days of written demand, pay to the Arranger and each Finance other Secured Party the amount of all costs and expenses (including legal fees, disbursements and other out of pocket expenses) incurred by it in connection with the enforcement of preservation or the preservation enforcement of any rights under any Finance Document and the Transaction Security (in the case of any enforcement of Transaction Security, only following the Acceleration Date) and any proceedings instituted by or against the Security Agent as a consequence of taking or holding the Transaction Security or enforcing these rights. SECTION 7 GUARANTEE.

Appears in 1 contract

Samples: Facilities Agreement (ShangPharma Corp)

Enforcement and preservation costs. The Company shall, within five Business Days of demand, pay to each Finance Secured Party the amount of all costs and expenses (including legal fees, disbursements and other out of pocket expenses) incurred by it in connection with the enforcement of or the preservation of any rights under any Finance 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. SECTION 7 GUARANTEE.

Appears in 1 contract

Samples: Facilities Agreement (Noble International, Ltd.)

Enforcement and preservation costs. The Company shall, within five Business Days of demand, pay to each Finance Party the Agent the amount of all costs and expenses (including legal fees, disbursements and other out of pocket expenses) reasonably incurred by it in connection with the enforcement of or the preservation of any rights of any Finance Party under any Finance 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. SECTION 7 GUARANTEEDocument.

Appears in 1 contract

Samples: Law (Pernod Ricard S a /Fi)

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