Common use of Expenses Costs and Taxes Clause in Contracts

Expenses Costs and Taxes. The Borrower shall pay on demand all costs and expenses of Lender, and all Related Expenses, including but not limited to, (a) administration, travel and out-of-pocket expenses, including but not limited to attorneys' fees and expenses, of Lender in connection with the preparation, negotiation and closing of the Loan Documents and the administration of the Loan Documents, the collection and disbursement of all funds hereunder and the other instruments and documents to be delivered hereunder, (b) extraordinary expenses of Lender in connection with the administration of this Agreement, the Notes and the other instruments and documents to be delivered hereunder, (c) the reasonable fees and out-of-pocket expenses of special counsel for Lender, with respect to the foregoing, and of local counsel, if any, who may be retained by said special counsel with respect thereto, (d) all fees due hereunder or in any of the Loan Documents, and (e) all costs and expenses, including reasonable attorneys' fees, in connection with the determination of Lender's lien priority in any collateral securing this Note, or the restructuring or enforcement of this Note or any Loan Document. In addition, Borrower shall pay any and all stamp and other taxes and fees payable or determined to be payable in connection with the execution and delivery of any Loan Document, and the other instruments and documents to be delivered hereunder, and agrees to hold Lender harmless from and against any and all liabilities with respect to or resulting from any delay in paying or omission to pay such taxes or fees. Borrower authorizes Lender to debit such expenses, costs and taxes directly to Borrower's Loan accounts or any account Borrower maintains with Lender or Lender Affiliate.

Appears in 7 contracts

Samples: Loan Agreement (CRM Holdings, Ltd.), Loan Agreement (CRM Holdings, Ltd.), Loan Agreement (CRM Holdings, Ltd.)

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Expenses Costs and Taxes. The Borrower shall pay on demand all reasonable costs and expenses of Lender, and all Related Expenses, including but not limited to, (a) administration, travel and out-of-pocket expenses, including but not limited to reasonable attorneys' fees and expenses, of Lender in connection with the preparation, negotiation and closing of the Loan Documents and the administration of the Loan Documents, the collection and disbursement of all funds hereunder and the other instruments and documents to be delivered hereunder, (b) reasonable extraordinary expenses of Lender in connection with the administration of this Agreement, the Notes and the other instruments and documents to be delivered hereunder, (c) the reasonable fees and out-of-pocket expenses of special counsel for Lender, with respect to the foregoing, and of local counsel, if any, who may be retained by said special counsel with respect thereto, (d) all fees due hereunder or in any of the other Loan Documents, and (e) all costs and expenses, including reasonable attorneys' fees, in connection with the determination of Lender's ’s lien priority in any collateral securing this the Note, or the restructuring or enforcement of this the Note or any other Loan Document. In addition, Borrower shall pay any and all stamp and other taxes and fees payable or determined to be payable in connection with the execution and delivery of any Loan Document, and the other instruments and documents to be delivered hereunder, and agrees to hold Lender harmless from and against any and all liabilities with respect to or resulting from any delay in paying or omission to pay such taxes or fees. Borrower authorizes Lender to debit such expenses, costs and taxes directly to Borrower's ’s Loan accounts or any account Borrower maintains with Lender or Lender Affiliate.

Appears in 2 contracts

Samples: Loan Agreement (Anaren Inc), Loan Agreement (Anaren Inc)

Expenses Costs and Taxes. The Borrower shall pay on demand all costs and expenses of Lender, and all Related Expenses, including but not limited to, (a) administration, travel and out-of-pocket expenses, including but not limited to attorneys' fees and expenses, of Lender in connection with the preparation, negotiation and closing of the Loan Documents and the administration of the Loan Documents, the collection and disbursement of all funds hereunder and the other instruments and documents to be delivered hereunder, (b) extraordinary expenses of Lender in connection with the administration of this Agreement, the Notes and the other instruments and documents to be delivered hereunder, (c) the reasonable fees and out-of-pocket expenses of special counsel for Lender, with respect to the foregoing, and of local counsel, if any, who may be retained by said special counsel with respect thereto, (d) all fees due hereunder or in any of the other Loan Documents, and (e) all costs and expenses, including reasonable attorneys' fees, in connection with the determination of Lender's ’s lien priority in any collateral securing this the Note, or the restructuring or enforcement of this the Note or any other Loan Document. In addition, Borrower shall pay any and all stamp and other taxes and fees payable or determined to be payable in connection with the execution and delivery of any Loan Document, and the other instruments and documents to be delivered hereunder, and agrees to hold Lender harmless from and against any and all liabilities with respect to or resulting from any delay in paying or omission to pay such taxes or fees. Borrower authorizes Lender to debit such expenses, costs and taxes directly to Borrower's ’s Loan accounts or any account Borrower maintains with Lender or Lender Affiliate.

Appears in 2 contracts

Samples: Loan Agreement (Pinnacle Data Systems Inc), Loan Agreement (Pinnacle Data Systems Inc)

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Expenses Costs and Taxes. The Borrower shall pay on demand all of the following costs and expenses of Lender, and all Related Expenses, including but not limited to, : (a) administration, travel and out-of-reasonable out of pocket expenses, including but not limited to attorneys' fees and expenses, of Lender in connection with the preparation, negotiation and closing of the Loan Documents and the administration of the Loan Documents, the collection and disbursement of all funds hereunder and the other instruments and documents to be delivered hereunder, (b) extraordinary expenses of Lender in connection with the administration of this Agreement, the Notes Note and the other instruments and documents to be delivered hereunderhereunder following the occurrence and during the continuance of an Event of Default, (c) the reasonable fees and out-of-pocket expenses of special counsel for Lender, with respect to the foregoing, and of local counsel, if any, who may be retained by said special counsel with respect thereto, (d) all fees due hereunder or in any of the other Loan Documents, and (e) all costs and expenses, including reasonable attorneys' fees, in connection with the determination of Lender's ’s lien priority in any collateral securing this the Note, or the restructuring or enforcement of this the Note or any other Loan Document. In addition, Borrower shall pay any and all stamp and other taxes and fees payable or determined to be payable in connection with the execution and delivery of any Loan Document, and the other instruments and documents to be delivered hereunder, and agrees to hold Lender harmless from and against any and all liabilities with respect to or resulting from any delay in paying or omission to pay such taxes or fees. Borrower authorizes Lender to debit such expenses, costs and taxes directly to Borrower's ’s Loan accounts or any account Borrower maintains with Lender or Lender Affiliate. Notwithstanding anything herein to the contrary, Borrower shall have no liability for Closing Costs incurred by Lender.

Appears in 1 contract

Samples: Loan Agreement (Mod Pac Corp)

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