Guarantor’s Further Agreements to Pay. The Guarantor further agrees, as the principal obligor and not as a guarantor only, to pay to each Lender and the Administrative Agent forthwith upon demand, in funds immediately available to such Lender or the Administrative Agent, all costs and expenses (including court costs and legal fees and expenses) incurred or expended by the Administrative Agent or such Lender in connection with this Guaranty and the enforcement hereof, together with interest on amounts recoverable under this Guaranty from the time after such amounts become due at the default rate of interest 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.
Guarantor’s Further Agreements to Pay. The Guarantor further agrees, as the principal obligor and not as a guarantor only, to pay to Lender forthwith upon demand, in funds immediately available to Lender, all costs and expenses (including court costs and legal fees and expenses) incurred or expended by the Lender in connection with this Guaranty and the enforcement hereof, together with interest on amounts recoverable under this Guaranty from the time after such amounts become due at the default rate of interest 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.
Guarantor’s Further Agreements to Pay. Each Guarantor further agrees, as the principal obligor and not as a guarantor only, to pay to the Lender forthwith upon demand, in funds immediately available to the Lender, all costs and expenses (including court costs and legal expenses) incurred or expended by the Lender in connection with this Guaranty and the enforcement hereof, together with interest on amounts recoverable under this Guaranty from the time such amounts become due until payment at the usual rate charged by the Lender to each of the undersigned respectively.
Guarantor’s Further Agreements to Pay. The Guarantor further agrees, as the principal obligor and not as a guarantor only, to pay to each Lender and the Agent forthwith upon demand, in funds immediately available to the Lender or the Agent, all costs and expenses (including court costs and reasonable legal fees and expenses) of the type and/or nature described in Section 17 of the Loan Agreement that are incurred or expended by the Agent or such Lender in connection with this Guaranty and the enforcement hereof, together with interest on amounts recoverable under this Guaranty from the time such amounts become due at a rate per annum equal to two percent (2%) above the Base Rate plus the Applicable Base Rate Margin until such amounts shall be paid in full (after as well as before judgment).
Guarantor’s Further Agreements to Pay. The Guarantor further agrees, as the principal obligor and not as a guarantor only, to pay to Sonesta forthwith upon demand, in funds immediately available to Sonesta, all costs and expenses (including court costs, attorneys' fees and legal expenses) incurred or expended by Sonesta in connection with the enforcement hereof, together with interest on amounts recoverable under this Guaranty from the time such amounts become due until payment at the rate of 18% per annum but not in excess of the maximum amount permitted by law.
Guarantor’s Further Agreements to Pay. Each Guarantor further agrees, jointly and severally with each other Guarantor, as principal Guarantor and not as guarantor only, to pay to SNH forthwith upon demand, in lawful currency of the United States of America and in funds immediately available to SNH, all costs and expenses (including court costs and reasonable legal expenses) incurred or expended by SNH in connection with the enforcement of this Agreement, together with interest on amounts recoverable under this Agreement from the time such amounts become due until payment at the interest rate then in effect under the Note.
Guarantor’s Further Agreements to Pay. The Guarantor further agrees, as the principal obligor and not as a guarantor only, to pay to each Lender and the Agent forthwith upon demand, in funds immediately available to the Lender or the Agent, all costs and expenses (including court costs and reasonable legal fees and expenses) incurred or expended by the Agent or such Lender in connection with this Guaranty and the enforcement hereof, together with interest on amounts recoverable under this Guaranty from the time such amounts become due at a rate per annum equal to two percent (2%) above the Base Rate plus the Applicable Base Rate Margin until such amounts shall be paid in full (after as well as before judgment). In addition, the Guarantor shall pay a late charge equal to five percent (5%) of any such costs and expenses which are not paid within fifteen (15) days of the date of such demand.
Guarantor’s Further Agreements to Pay. The Guarantors further jointly and severally agree, as principal obligors and not as guarantors, to pay to the Lender, on demand, in funds immediately available to the Lender, all costs and expenses (including court costs and reasonable attorneys’ fees and disbursements) incurred or expended by the Lender in connection with the enforcement of this Guaranty, together with interest on any sum now or hereafter payable by the Guarantors under this Agreement, such interest to accrue from the date of demand for any payment to the date of actual payment. Such interest will be payable at the rate set forth in Section 6.04 below.
Guarantor’s Further Agreements to Pay. Each Guarantor further jointly and severally agrees, as the principal obligor and not as a guarantor only, to pay to each Creditor Party (or to the Administrative Agent on behalf of another Creditor Party) forthwith upon demand, in funds immediately available to such Creditor Party (or the Administrative Agent on behalf of such Creditor Party), all costs and expenses (including court costs and legal fees and expenses) incurred or expended by such Creditor Party (or the Administrative Agent on behalf of such Creditor Party) in connection with this Guaranty and the enforcement hereof, together with interest on amounts recoverable under this Guaranty from the time after such amounts become due at the default rate of interest set forth in Section 3.1 of 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.
Guarantor’s Further Agreements to Pay. The Guarantor further agrees, as the principal obligor and not as a guarantor only, to pay to the Agent forthwith upon demand, in funds immediately available to the Agent, all reasonable costs and expenses (without duplication of any such costs or expenses incurred under the Credit Agreement) (including court costs and reasonable legal fees and expenses) incurred or expended by the Agent in connection with this Guaranty and the enforcement hereof after the occurrence and during the continuance of an Event of Default, together with interest on amounts recoverable under this Guaranty from the time after such amounts become due at the default rate of interest 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.
