Common use of Expenses Upon Default Clause in Contracts

Expenses Upon Default. The Corporation’s costs and expenses incurred in respect of legal proceedings to recover any monies due hereunder, taking possession of the Equipment and enforcement of any of the Corporation’s rights, including, without limitation, legal costs on a solicitor-client basis, shall be paid by the Lessee to the Corporation immediately upon demand.

Expenses Upon Default. The Corporation’s reasonable costs and expenses incurred in respect of legal proceedings to recover any monies due hereunder, taking possession of the Equipment and enforcement of any of the Corporation’s rights, including, without limitation, legal costs on a solicitor-client basis, shall be paid by the Lessee to the Corporation immediately upon demand.