Common use of Expenses; Documentary Taxes; Indemnification Clause in Contracts

Expenses; Documentary Taxes; Indemnification. (a) The Borrower shall promptly pay (i) all reasonable and documented out-of-pocket expenses of the Agent, including reasonable fees and disbursements of special counsel for the Agent, in connection with the preparation, negotiation and closing of this Agreement and the Loan Documents, the syndication of the facility established hereby, any waiver or consent hereunder or any amendment hereof or thereof or any waiver of any Default or Event of Default or alleged Default or Event of Default hereunder, and any amendment or termination hereof or thereof and (ii) if a Default or an Event of Default occurs, all reasonable out-of-pocket expenses incurred by the Agent and each Bank, including reasonable fees and disbursements of outside legal counsel, in connection with such Default or Event of Default and collection, bankruptcy, insolvency and other enforcement proceedings resulting therefrom. The Borrower shall indemnify each Bank against any transfer taxes, documentary taxes, assessments or charges made by any governmental authority by reason of the execution and delivery of this Agreement or the Notes.

Appears in 4 contracts

Samples: Credit Agreement (Highland Funds I), Credit Agreement (NexPoint Credit Strategies Fund), Credit Agreement (Highland Funds I)

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Expenses; Documentary Taxes; Indemnification. (a) The Borrower shall agrees to promptly pay (i) all reasonable and documented out-of-pocket expenses of the Agent, including reasonable fees and disbursements of special counsel for the Agent, in connection with the preparation, negotiation and closing of this Agreement and the Loan Documents, the syndication of the facility established hereby, any waiver or consent hereunder or any amendment hereof or thereof or any waiver of any Default or Event of Default or alleged Default or Event of Default hereunder, and any amendment or termination hereof or thereof and (ii) if a Default or an Event of Default occurs, all reasonable and documented out-of-pocket expenses incurred by the Agent and each Bank, including reasonable fees and disbursements of outside legal counsel, in connection with such Default or Event of Default and collection, bankruptcy, insolvency and other enforcement proceedings resulting therefrom. The Borrower shall indemnify each Bank against any transfer taxes, documentary taxes, assessments or charges made by any governmental authority by reason of the execution and delivery of this Agreement or the Notes.

Appears in 3 contracts

Samples: Credit Agreement (Blackrock Floating Rate Income Trust), Credit Agreement (Blackrock Debt Strategies Fund, Inc.), Credit Agreement (Blackrock Corporate High Yield Fund Vi, Inc.)

Expenses; Documentary Taxes; Indemnification. (a) The --------------------------------------------- Borrower shall promptly pay (i) all reasonable and documented out-of-pocket expenses of the Agent, the Security Agent, the Documentation Agent and (in the case of expenses relating to the issuance of a Letter of Credit) the Issuing Bank, including reasonable fees and disbursements of special counsel for the Agent and the Documentation Agent, in connection with the preparation, negotiation and closing preparation of this Agreement and the other Loan Documents, the any primary or secondary syndication of the facility established herebycredit facilities hereunder, any waiver or consent hereunder or thereunder or any amendment hereof or thereof or any waiver of any Default or Event of Default or alleged Default or Event of Default hereunder, and any amendment or termination hereof or thereof hereunder and (ii) if a Default or an Event of Default occurs, all reasonable out-of-pocket expenses incurred by the Agent and each BankAgent, the Security Agent, any Issuing Bank or any Lender, including reasonable fees and disbursements of outside legal counsel, in connection with such Default or Event of Default and collection, bankruptcy, insolvency bankruptcy and other enforcement proceedings resulting therefrom. The Borrower shall indemnify each Bank Lender against any transfer taxes, documentary taxes, assessments or charges made by any governmental authority Governmental Authority by reason of the execution and delivery of this Agreement or the Notesother Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Brylane Inc), Credit Agreement (Brylane Inc)

Expenses; Documentary Taxes; Indemnification. (a) The Borrower shall promptly pay (i) all reasonable and documented out-of-pocket expenses of the Agent, including reasonable fees and disbursements of special counsel for the Agent, in connection with the preparation, negotiation and closing of this Agreement and the Loan Documents, the syndication of the facility established hereby, any waiver or consent hereunder or any amendment hereof or thereof or any waiver of any Default or Event of Default or alleged Default or Event of Default hereunder, and any amendment or termination hereof or thereof and (ii) if a Default or an Event of Default occurs, all reasonable out-of-pocket expenses incurred by the Agent and each Bank, including reasonable fees and disbursements of outside legal counsel, in connection with such Default or Event of Default and collection, bankruptcy, insolvency and other enforcement proceedings resulting therefrom. The Borrower shall indemnify the Agent and each Bank against any transfer taxes, documentary taxes, assessments or similar charges made by any governmental authority by reason of the execution and delivery of this Agreement or the Notes.

Appears in 2 contracts

Samples: Credit Agreement (Invesco Dynamic Credit Opportunities Fund), Credit Agreement (Invesco Senior Income Trust)

Expenses; Documentary Taxes; Indemnification. (a1) The Borrower shall promptly pay (i) all reasonable and documented out-of-pocket expenses of the AgentAdministrative Agent and the Lead Arranger and Sole Book Manager, including reasonable fees and disbursements of special counsel for the AgentAdministrative Agent (including the allocated fees and expenses of any internal counsel), in connection with the preparationpreparation of this Agreement and all related documents, negotiation the negotiation, closing and closing syndication of this Agreement and the Loan DocumentsLoans, the syndication of the facility established herebyand in connection with any waiver, any waiver amendment or consent hereunder or any amendment hereof or thereof or any waiver of any Default or Event of Default or alleged Default or Event of Default hereunder, and any amendment or termination hereof or thereof hereunder and (ii) if a Default or an Event of Default occurs, all reasonable out-of-pocket expenses incurred by the Administrative Agent and each Bankor any Lender, including reasonable fees and disbursements of outside legal counsel (including the allocated fees and expenses of any internal counsel), in connection with such Default or Event of Default and collection, bankruptcy, insolvency and other enforcement proceedings resulting therefrom. The Borrower shall indemnify each Bank Lender against any transfer taxes, documentary taxes, mortgage recording taxes, assessments or charges made by any governmental authority by reason of the execution and delivery or enforcement of this Agreement or and the Notes.. (1)

Appears in 1 contract

Samples: Term Credit Agreement (Park Place Entertainment Corp)

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Expenses; Documentary Taxes; Indemnification. (a) The Borrower shall promptly pay (i) all reasonable and documented out-of-pocket expenses of the Agent, including reasonable fees and disbursements of special counsel for the Agent, in connection with the preparation, negotiation and closing of this Agreement and the Loan Documents, the syndication of the facility established hereby, any waiver or consent hereunder or any amendment hereof or thereof or any waiver of any Default or Event of Default or alleged Default or Event of Default hereunder, and any amendment or termination hereof or thereof and (ii) if a Default or an Event of Default occurs, all reasonable and documented out-of-pocket expenses incurred by the Agent and each Bank, including reasonable fees and disbursements of outside legal counsel, in connection with such Default or Event of Default and collection, bankruptcy, insolvency and other enforcement proceedings resulting therefrom. The Borrower shall indemnify each Bank against any transfer taxes, documentary taxes, assessments or charges made by any governmental authority by reason of the execution and delivery of this Agreement or the Notes.

Appears in 1 contract

Samples: Credit Agreement (Invesco High Income Trust II)

Expenses; Documentary Taxes; Indemnification. (a) The Borrower shall promptly pay (i) all reasonable and documented out-of-pocket expenses of the AgentAgent and the Banks, including reasonable fees and disbursements of special Davix Xxxx & Xardxxxx, xxecial counsel for the AgentAgent and any other counsel for the Agent or any of the Banks (including reasonable allocations to internal counsel, whether or not they constitute out-of-pocket expenses), in connection with the preparationpreparation and, negotiation and closing of this Agreement and in the Loan Documents, the syndication case of the facility established herebyAgent, administration of the Financing Documents, any waiver or consent hereunder or any amendment hereof or thereof or any waiver of any Default or Event of Default or alleged Default or Event of Default hereunder, and any amendment or termination hereof or thereof hereunder and (ii) if a Default or an Event of Default occurs, all reasonable out-of-pocket expenses incurred by the Agent and each or any Bank, including reasonable fees and disbursements of outside legal counsel (including reasonable allocations to internal counsel), in connection with such Default or Event of Default and collection, bankruptcy, insolvency and other enforcement proceedings resulting therefrom. The Borrower shall indemnify each Bank against any transfer taxes, documentary taxes, assessments or charges made by any governmental authority by reason of the execution and delivery of this Agreement or the Notes.

Appears in 1 contract

Samples: Credit Agreement (Coventry Corp)

Expenses; Documentary Taxes; Indemnification. (a) The Borrower shall promptly pay (i) all reasonable and documented out-of-pocket expenses of the Agent, including reasonable fees and disbursements of special counsel for the Agent, in connection with the preparation, negotiation and closing of this Agreement and the Loan Documents, the syndication of the facility established hereby, any waiver or consent hereunder or any amendment hereof or thereof or any waiver of any Default or Event of Default or alleged Default or Event of Default hereunder, and any amendment or termination hereof or thereof and (ii) if a Default or an Event of Default occurs, all reasonable out-of-pocket expenses incurred by the Agent and each Bank, including reasonable fees and disbursements of outside legal counsel (including reasonable allocated costs of in-house counsel), in connection with such Default or Event of Default and collection, bankruptcy, insolvency and other enforcement proceedings resulting therefrom. The Borrower shall indemnify each Bank against any transfer taxes, documentary taxes, assessments or charges made by any governmental authority by reason of the execution and delivery of this Agreement or the Notes.resulting

Appears in 1 contract

Samples: Credit Agreement (Western Asset Global High Income Fund Inc.)

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