Common use of Guarantors’ Agreement to Pay Enforcement Costs, etc Clause in Contracts

Guarantors’ Agreement to Pay Enforcement Costs, etc. Each of the --------------------------------------------------- Guarantors further jointly and severally agrees, as the principal obligor and not as a guarantor only, to pay to Lender, on demand, all costs and expenses (including court costs and reasonable legal expenses) incurred or expended by Lender in connection with the Obligations, this Guaranty and the enforcement thereof, together with interest on amounts recoverable under this (S)3 from the time when such amounts become due until payment, whether before or after judgment, at the rate of interest set forth in the Note, provided that if such --------- interest exceeds the maximum amount permitted to be paid under applicable law, then such interest shall be reduced to such maximum permitted amount.

Appears in 3 contracts

Samples: Annual Report (Chart House Enterprises Inc), Guaranty (Chart House Enterprises Inc), Guaranty (Chart House Enterprises Inc)

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Guarantors’ Agreement to Pay Enforcement Costs, etc. Each of the --------------------------------------------------- Guarantors The Guarantor ---------------------------------------------------- further jointly and severally agrees, as the principal obligor and not as a guarantor only, to pay to Lenderthe Agent, on demand, all costs and expenses (including court costs and reasonable legal expenses) incurred or expended by Lender the Agent or any Bank in connection with the Obligations, this Guaranty and the enforcement thereof, together with interest on amounts recoverable under this (S)3 from the time when such amounts become due until payment, whether before or after judgment, at the rate of interest for overdue principal set forth in the NoteCredit Agreement, provided that if such --------- -------- interest exceeds the maximum amount permitted to be paid under applicable law, then such interest shall be reduced to such maximum permitted amount.

Appears in 2 contracts

Samples: Unlimited Guaranty (Cmgi Inc), Guaranty (CMG Information Services Inc)

Guarantors’ Agreement to Pay Enforcement Costs, etc. Each of the --------------------------------------------------- Guarantors further jointly and severally agrees, as the principal obligor and not as a guarantor only, to pay to Lender, on demand, all costs and expenses (including court costs and reasonable legal expenses) incurred or expended by Lender in connection with the Obligations, this Guaranty and the enforcement thereof, together with interest on amounts recoverable under this (S)3 from the time when such amounts become due until payment, whether before or after judgment, at the rate of interest set forth in the Note, provided that if such --------- -------- interest exceeds the maximum amount permitted to be paid under applicable law, then such interest shall be reduced to such maximum permitted amount.

Appears in 2 contracts

Samples: Annual Report (Chart House Enterprises Inc), Guaranty (Chart House Enterprises Inc)

Guarantors’ Agreement to Pay Enforcement Costs, etc. Each of the The Guarantors --------------------------------------------------- Guarantors further jointly and severally agreesagree, as the principal obligor obligors and not as a guarantor guarantors only, to pay to Lenderthe Agent, on demand, all costs and expenses (including court costs and reasonable legal expenses) reasonably and actually incurred or expended by Lender the Agent or any Funding Party in connection with the Obligations, this Subsidiary Guaranty and the enforcement thereof, together with interest on amounts recoverable under this (S)3 Section 3 from the time when such --------- amounts become due until payment, whether before or after judgment, at the rate of interest set forth in the NoteOverdue Rate, provided that if such --------- interest exceeds the maximum amount -------- permitted to be paid under applicable lawApplicable Law, then such interest shall be reduced to such maximum permitted amount.

Appears in 1 contract

Samples: Master Agreement (Sterling Commerce Inc)

Guarantors’ Agreement to Pay Enforcement Costs, etc. Each of the The Guarantor --------------------------------------------------- Guarantors further jointly and severally agrees, as the principal obligor and not as a guarantor only, to pay to Lenderthe Agent, on demand, all costs and expenses (including court costs and reasonable legal expenses) incurred or expended by Lender the Agent or any Bank in connection with the Obligations, this Guaranty and the enforcement hereof and thereof, together with interest on amounts recoverable under this (S)3 from the time when such amounts become due until payment, whether before or after judgment, at the rate of interest for overdue principal set forth in the NoteLoan Agreement, provided that if -------- such --------- interest exceeds the maximum amount permitted to be paid under applicable law, then such interest shall be reduced to such maximum permitted amount.

Appears in 1 contract

Samples: Guaranty (Medallion Financial Corp)

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Guarantors’ Agreement to Pay Enforcement Costs, etc. Each of the The Guarantor --------------------------------------------------- Guarantors further jointly and severally agrees, as the principal obligor and not as a guarantor only, to pay to Lenderthe Agent, on demand, all costs and expenses (including court costs and reasonable legal expenses) incurred or expended by Lender the Agent or any Bank in connection with the Obligations, this Guaranty and the enforcement hereof and thereof, together with interest on amounts recoverable under this (S)3 ss.4 from the time when such amounts become due until payment, whether before or after judgment, at the rate of interest for overdue principal set forth in the NoteLoan Agreement, provided that if -------- such --------- interest exceeds the maximum amount permitted to be paid under applicable law, then such interest shall be reduced to such maximum permitted amount.

Appears in 1 contract

Samples: Guaranty (Medallion Financial Corp)

Guarantors’ Agreement to Pay Enforcement Costs, etc. Each of the --------------------------------------------------- Guarantors The Guarantor ---------------------------------------------------- further jointly and severally agrees, as the principal obligor and not as a guarantor only, to pay to Lenderthe Agent, on demand, all costs and expenses (including court costs and reasonable legal expenses) incurred or expended by Lender the Agent or any Bank in connection with the Obligations, this Guaranty and the enforcement hereof and thereof, together with interest on amounts recoverable under this (S)3 Section 3 from the time when such amounts become due until payment, whether before or after judgment, at the rate of interest for overdue principal set forth in the NoteFinancial Agreement, provided that if such --------- interest exceeds the maximum amount permitted to be paid -------- under applicable law, then such interest shall be reduced to such maximum permitted amount.

Appears in 1 contract

Samples: Guaranty (Medallion Financial Corp)

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