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

Guarantors’ Agreement to Pay Enforcement Costs, etc. The Guarantor ---------------------------------------------------- further agrees, as the principal obligor and not as a guarantor only, to pay to the Agent, on demand, all costs and expenses (including court costs and legal expenses) incurred or expended by 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 Credit 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: CMG Information Services Inc, Cmgi Inc

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Guarantors’ Agreement to Pay Enforcement Costs, etc. The Guarantor ---------------------------------------------------- Each of the --------------------------------------------------- Guarantors further agrees, as the principal obligor and not as a guarantor only, to pay to the Agent, on demand, all costs and expenses (including court costs and reasonable legal expenses) incurred or expended by 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 Credit 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: Credit Agreement (Jackson Products Inc)

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Guarantors’ Agreement to Pay Enforcement Costs, etc. The Guarantor Each of the ---------------------------------------------------- Guarantors further agrees, as the principal obligor and not as a guarantor only, to pay to the Agent, on demand, all costs and expenses (including court costs and reasonable legal expenses) incurred or expended by 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 Credit 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: Jackson Products Inc

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