Common use of Expenses of Secured Party Clause in Contracts

Expenses of Secured Party. Debtor shall pay to Secured Party all reasonable expenses and expenditures, including reasonable attorneys’ fees and legal expenses, incurred or paid by Secured Party in exercising or protecting its interests, rights and remedies under this Security Agreement, plus interest thereon at a rate equal to the Highest Lawful Rate, subject to any limitations on certain of such expenses and expenditures set forth in the Loan Agreement.

Appears in 2 contracts

Samples: Second Lien Security Agreement (Pledge), Second Lien Security Agreement (Pledge) (Gastar Exploration LTD)

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Expenses of Secured Party. Debtor shall pay to Secured Party all reasonable expenses and expenditures, including including, without limitation, reasonable attorneys’ fees and legal expenses, incurred or paid by Secured Party in exercising or protecting its interests, rights and remedies under this Security Agreement, plus interest thereon at a rate equal to the Highest Lawful Rate, subject to any limitations on certain of such expenses and or expenditures set forth in any of the Loan AgreementDocuments. 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.

Appears in 2 contracts

Samples: Credit Agreement (Primeenergy Corp), Security Agreement (Primeenergy Corp)

Expenses of Secured Party. The Debtor shall pay to Secured Party all reasonable expenses and expendituresexpenses, including including, without limitation, reasonable attorneys’ fees and legal expenses, incurred or paid by Secured Party in exercising or protecting its interests, rights and remedies under this Security Agreement, plus interest thereon at Agreement or the other Loan Documents to which Debtor is a rate equal to the Highest Lawful Rate, subject to any limitations on certain of such expenses and expenditures set forth in the Loan Agreementparty.

Appears in 1 contract

Samples: Guarantee and Pledge Agreement (Viking Energy Group, Inc.)

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Expenses of Secured Party. The Debtor shall pay to Secured Party all reasonable expenses and expendituresexpenses, including including, without limitation, reasonable attorneys’ fees and legal expenses, incurred or paid by Secured Party in exercising or protecting its interests, rights and remedies under this Security Agreement, plus interest thereon at a rate equal to the Highest Lawful Rate, subject to any limitations on certain of such expenses and expenditures set forth in the Loan Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Royale Energy, Inc.)

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