Common use of GRANTOR'S REMEDY Clause in Contracts

GRANTOR'S REMEDY. If the Grantor remedies the default mentioned in any prior notice of exercise of hypothecary right, the Grantor shall, as required by law, pay all reasonable fees incurred by the Trustee by reason of the default; these fees shall include without limitation the administrative fees of the Trustee, the legal fees of its legal advisers and fees paid to experts.

GRANTOR'S REMEDY. If the Grantor remedies the default mentioned in any the prior notice of exercise of hypothecary right, the Grantor shall, as required by law, pay all reasonable fees and expenses incurred by the Trustee by reason of the default; these fees shall include without limitation the administrative fees of the Trustee, the reasonable legal fees of its legal advisers and reasonable fees paid to experts.