Expenditures by Lenders. Following any Default hereunder, all court costs, reasonable attorneys' fees, other costs of collection, and other sums spent by any Lender pursuant to the exercise of any Right (including any effort to collect or enforce the Notes) provided herein shall be payable by the Borrowers to such Lender on demand, shall become part of the Obligations, and shall bear interest at a rate per annum that is two percent above the Base Rate from the date spent until the date repaid.
Appears in 2 contracts
Samples: Amendment and Restatement Agreement (Electronic Data Systems Corp /De/), Credit Agreement (Electronic Data Systems Corp /De/)
Expenditures by Lenders. Following any Default hereunder, all court costs, reasonable attorneys' β fees, other costs of collection, and other sums spent by any Lender pursuant to the exercise of any Right (including any effort to collect or enforce the Notes) provided herein shall be payable by the Borrowers to such Lender on demand, shall become part of the Obligations, and shall bear interest at a rate per annum that is two percent above the Base Rate from the date spent until the date repaid.
Appears in 2 contracts
Samples: Credit Agreement (Electronic Data Systems Corp /De/), Electronic Data Systems Corp /De/
Expenditures by Lenders. Following any Default hereunder, all court costs, reasonable attorneys' fees, other costs of collection, and other sums spent by any Lender Lenders pursuant to the exercise of any Right (including including, without limitation, any effort to collect or enforce the Notes) provided herein shall be payable by the Borrowers to such Lender Lenders on demand, shall become part of the ObligationsObligation, and shall bear interest at a rate per annum that is two one percent (1%) above the Base Rate from the date spent until the date repaid.
Appears in 2 contracts
Samples: Credit and Term Loan Agreement (Electronic Data Systems Corp /De/), Credit Agreement (Electronic Data Systems Corp /De/)