Expenses of Secured Party Sample Clauses

Expenses of Secured Party. Debtor shall pay to Secured Party all reasonable expenses and expenditures, including, without limitation, reasonable attorneysfees and expenses, incurred or paid by Secured Party in exercising or protecting its interests, rights and remedies under this Security Agreement, subject to any limitations on certain of such expenses or expenditures set forth in any of the Loan Documents. The amount of all such expenses and expenditures shall be due and payable by Debtor to Secured Party on demand and shall bear interest at the Default Rate.
AutoNDA by SimpleDocs
Expenses of Secured Party. All expenses incurred or paid by the Secured Party for purposes of conserving and protecting the Collateral, including, but not limited to, reasonable attorney's fees and other legal expenses incurred in connection with retaking, holding, preparing for sale, and selling the Collateral.
Expenses of Secured Party. The payment or reimbursement by the Debtor of all costs and expenses incurred or paid by the Secured Party for purposes of perfecting or protecting its security interest in the Collateral, conserving or protecting any of the Collateral or in connection with the enforcement or exercise of any of the Secured Party's rights and remedies under this Agreement, Stock Agreement, the Note or applicable law, whether or not suit is commenced by the Secured Party. Such reimbursable costs and expenses include, without limitation, all costs and expenses of collection, retaking, holding, preparing for sale, selling or otherwise disposing of any of the Collateral and all attorneys' fees and expenses incurred by the Secured Party in connection with taking or pursuing any action covered by this Section 2.3, including attorneys' fees and expenses relating to any legal proceeding (in trial court or on appeal) brought to collect any of the Obligations or to foreclose or otherwise realize upon any of the Collateral.
Expenses of Secured Party. Borrower agrees to pay on demand all reasonable costs and expenses incurred by Secured Party directly in connection with the preparation, negotiation and execution of this Amendment and the other Loan Documents executed pursuant hereto and any and all amendments, modifications, and supplements thereto, including, without limitation, the costs and fees of Secured Party's legal counsel, and all costs and expenses incurred by Secured Party in connection with the enforcement or preservation of any rights under the Loan Agreement, as amended hereby, or any other Loan Document, including, without limitation, the reasonable costs and fees of Secured Party's legal counsel.
Expenses of Secured Party. The Grantors jointly and severally agree to pay to Secured Party all of Secured Party’s reasonable out-of-pocket expenses, including reasonable expenses for legal services, incident to the enforcement of any of the provisions of this Agreement, or for the care or insurance of the Collateral or for defending rights and claims of Secured Party, whether litigation is commenced or not.
Expenses of Secured Party. All expenses (including reasonable fees and disbursements of legal counsel) incurred by Secured Party in connection with any actual or attempted sale, exchange of, any enforcement, collection, compromise or settlement respecting, the Collateral, or any other action taken by Secured Party hereunder whether directly or as attorney-in-fact pursuant to a power of attorney or other authorization herein conferred, for the purpose of satisfaction of the liability of Debtor for failure to pay the Obligations or as additional amounts owing by Debtor to cover Secured Party's costs of acting against the Collateral, shall be deemed an Obligation of Debtor for all purposes of this Agreement.
Expenses of Secured Party. As provided in the Loan Agreement, Debtor agrees to pay on demand all costs and expenses incurred by Secured Party in connection with the preparation, negotiation and execution of this Amendment and the other Transaction Documents executed pursuant hereto and any and all amendments, modifications, and supplements thereto, including, without limitation, the costs and fees of Secured Party's legal counsel, and all costs and expenses incurred by Secured Party in connection with the enforcement or preservation of any rights under the Loan Agreement, as amended hereby, or any other Transaction Documents, including, without limitation, the costs and fees of Secured Party's legal counsel.
AutoNDA by SimpleDocs
Expenses of Secured Party. If Secured Party is made a party to any suit or proceeding by reason of the interest of the Secured Party in the Collateral, or if the Notes, this Assignment, the Credit Agreement, or any other Loan Document is placed in the hands of an attorney or attorneys to defend or enforce any rights of Secured Party, then Debtor shall reimburse Secured Party for all costs and expenses, including attorneys' fees, incurred by Secured Party in connection therewith. All amounts incurred by Secured Party hereunder shall be secured hereby and shall be due and payable by Debtor to Secured Party forthwith on demand, with interest thereon at the rate at which interest accrues on amounts due under the Notes after the same become due.

Related to Expenses of Secured Party

  • Rights of Secured Party Secured Party shall have the rights contained in this Section at all times during the period of time this Agreement is effective.

  • Rights of Secured Parties The Guarantor consents and agrees that the Agent (for the benefit of the Secured Parties) and/or Secured Parties (as applicable) may, at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate or otherwise change the time for payment or the terms of the Guaranteed Obligations or any part thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Guaranteed Obligations; (c) apply such security and direct the order or manner of sale thereof as the Secured Parties, in their sole discretion (and subject to the terms of the Loan Documents) may determine; and (d) release or substitute one or more of any endorsers or other guarantors of any of the Guaranteed Obligations. Without limiting the generality of the foregoing, the Guarantor consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of the Guarantor under this Guaranty or which, but for this provision, might operate as a discharge of the Guarantor.

  • Xxxxx of Security Interest The Trust hereby pledges to and grants the Custodian a security interest in the assets of any Fund to secure the payment of any liabilities of the Fund to the Custodian for money borrowed from the Custodian. This pledge is in addition to any other pledge of collateral by the Trust to the Custodian.

  • Payment of Secured Obligations Grantor will pay and perform or cause to be paid and performed the Secured Obligations according to the tenor thereof and all other sums now or hereafter secured hereby as the same shall become due.

  • Status of Security Interest (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Liens).

  • Terms of Security Documents The following principles will be reflected in the terms of any security taken as part of this transaction:

  • Maintenance of Security Interest (a) Such U.S. Pledgor shall maintain the security interest created by this Agreement in such U.S. Pledgor’s Pledged Collateral as a security interest having at least the perfection and priority described in subsection 4.3.4 or subsection 4.3.5, as applicable and shall defend such security interest against the claims and demands of all Persons whomsoever. At any time and from time to time, upon the written request of the ABL Collateral Agent and at the sole expense of such U.S. Pledgor, such U.S. Pledgor will promptly and duly execute and deliver such further instruments and documents and take such further actions as the ABL Collateral Agent may reasonably request for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted by such U.S. Pledgor; provided, that notwithstanding any other provision of this Agreement or any other Loan Documents, neither the Parent Borrower nor any other U.S. Pledgor will be required to (i) take any action in any jurisdiction other than the United States of America, or required by the laws of any such non-U.S. jurisdiction, or enter into any security agreement or pledge agreement governed by the laws of any such non-U.S. jurisdiction, in order to create any security interests (or other Liens) in assets located or titled outside of the United States of America or to perfect any security interests (or other Liens) in any Collateral, (ii) deliver control agreements with respect to, or confer perfection by “control” over, any deposit accounts, bank or securities account or other Collateral, except (A) as required by subsection 4.16 of the ABL Credit Agreement and (B) in the case of Security Collateral that constitutes Capital Stock or Pledged Notes in certificated form, delivering such Capital Stock or Pledged Notes to the ABL Collateral Agent (or another Person as required under any applicable Intercreditor Agreement), (iii) take any action in order to perfect any security interests in any assets specifically requiring perfection through control (including cash, cash equivalents, deposit accounts or securities accounts) constituting Excluded Assets (except, in each case, to the extent consisting of proceeds perfected by the filing of a financing statement under the Code or, in the case of Pledged Stock, by being held by the ABL Collateral Agent or an Additional Agent as agent for the ABL Collateral Agent), (iv) deliver landlord lien waivers, estoppels or collateral access letters or (v) file any fixture filing with respect to any security interest in Fixtures affixed to or attached to any real property constituting Excluded Assets.

  • Appointment and Powers of Secured Party The Debtor hereby irrevocably constitutes and appoints the Secured Party and any officer or agent thereof, with full power of substitution, as its true and lawful attorneys-in-fact with full irrevocable power and authority in the place and stead of the Debtor or in the Secured Party's own name, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action and to execute any and all documents and instruments that may be necessary or useful to accomplish the purposes of this Agreement and, without limiting the generality of the foregoing, hereby gives said attorneys the power and right, on behalf of the Debtor, without notice to or assent by the Debtor, to do the following:

  • Duration of Security Interest Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any Loans, whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

  • Reaffirmation of Security Interest The Borrower hereby reaffirms as of the date hereof each and every security interest and Lien granted in favor of the Security Agent and the Banks under the Loan Documents, and agrees and acknowledges that such security interests and Liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this Amendment, and the Obligations secured thereby and thereunder shall include the Borrower’s obligations under the Credit Agreement as amended by this Amendment. Each such reaffirmed security interest and Lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmed.

Time is Money Join Law Insider Premium to draft better contracts faster.