Common use of EXPENDITURE INCURRED BY THE CHARGEE FOR AND ON BEHALF OF THE CHARGOR Clause in Contracts

EXPENDITURE INCURRED BY THE CHARGEE FOR AND ON BEHALF OF THE CHARGOR. All moneys expended by the Chargee hereunder from time to time for and on behalf of the Chargor (relating to legal costs, stamp duties, registration fees) shall be recoverable and be repaid by the Chargor on demand by the Cha rgee. In default of such payment, such moneys shall be deemed to form part of the Indebtedness and to be secured accordingly hereunder and the account of the Chargor shal l be debited accordingly.

Appears in 2 contracts

Samples: Charge Agreement, Charge Agreement

AutoNDA by SimpleDocs

EXPENDITURE INCURRED BY THE CHARGEE FOR AND ON BEHALF OF THE CHARGOR. All moneys expended by the Chargee hereunder from time to time for and on behalf of the Chargor (relating to legal costs, stamp duties, registration fees) shall be recoverable and be repaid by the Chargor on demand by the Cha rgeeChargee. In default of such payment, such moneys shall be deemed to form part of the Indebtedness and to be secured accordingly hereunder and the account of the Chargor shal l shall be debited accordingly.

Appears in 2 contracts

Samples: Musharakah Mutanaqisah Agreement, Charge Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!