Enforcement Expenses. If the Obligor fails to strictly comply with the terms of this Note, then the Obligor shall reimburse the Holder promptly for all reasonable fees, costs and expenses, including, without limitation, reasonable attorneys’ fees and expenses of the Holder in any action in connection with this Note that are incurred: (a) during any workout, attempted workout, and in connection with the rendering of legal advice as to the Holder’s rights, remedies and obligations; (b) collecting any sums which become due to the Holder, (c) defending or prosecuting any proceeding or any counterclaim to any proceeding or appeal; or (d) the protection, preservation or enforcement of any rights or remedies of the Holder.
Appears in 18 contracts
Samples: Convertible Note (NuSTATE ENERGY HOLDINGS, INC.), Convertible Note (NuSTATE ENERGY HOLDINGS, INC.), Convertible Note (NuSTATE ENERGY HOLDINGS, INC.)
Enforcement Expenses. If the Obligor fails to strictly comply with the terms of this Note, then the Obligor shall reimburse the Holder promptly for all reasonable fees, costs and expenses, including, without limitation, reasonable attorneys’ ’’ fees and expenses of the Holder in any action in connection with this Note that are incurred: ; (a) during any workout, attempted workout, and in connection with the rendering of legal advice as to the Holder’s rights, remedies and obligations; (b) collecting any sums which become due to the Holder, ; (c) defending or prosecuting any proceeding or any counterclaim to any proceeding or appealappear; or (d) the protection, preservation or enforcement of any rights or remedies of the Holder.
Appears in 7 contracts
Samples: Convertible Note (NuSTATE ENERGY HOLDINGS, INC.), Convertible Note (NuSTATE ENERGY HOLDINGS, INC.), Convertible Note (NuSTATE ENERGY HOLDINGS, INC.)
Enforcement Expenses. If the Obligor Borrower fails to strictly comply with the terms of this Note, then the Obligor Borrower shall reimburse the Holder promptly for all reasonable fees, costs and expenses, including, without limitation, reasonable attorneys’ fees and expenses of the Holder in any action in connection with this Note that are incurred: (a) during any workout, attempted workout, and in connection with the rendering of legal advice as to the Holder’s rights, remedies and obligations; (b) collecting any sums which become due to the Holder, (c) defending or prosecuting any proceeding or any counterclaim to any proceeding or appeal; or (d) the protection, preservation or enforcement of any rights or remedies of the HolderHolder under this Note or any of the Transaction Documents.
Appears in 5 contracts
Samples: Security Agreement (VPR Brands, LP.), Secured Convertible Promissory Note (Xg Sciences Inc), Secured Convertible Promissory Note (Xg Sciences Inc)
Enforcement Expenses. If the Obligor fails to strictly comply with the terms of this Note, then the Obligor shall reimburse the Holder promptly for all reasonable fees, costs and expenses, including, without limitation, reasonable attorneys’ fees and expenses of the Holder in any action in connection with this Note that are incurred: (a) during any workout, attempted workout, and in connection with the rendering of legal advice as to the Holder’s rights, remedies and obligations; (b) collecting any sums which become due to the Holder, (c) defending or prosecuting any proceeding or any counterclaim to any proceeding or appeal; or (d) the protection, preservation reservation or enforcement of any rights or remedies of the Holder.
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