Common use of Legal Action and Costs Clause in Contracts

Legal Action and Costs. Without waiving the Dispute Resolution provisions of this Agreement, the Bank may take legal action (including collection action) against Borrower/Guarantor and Borrower/Guarantor agrees to pay all collection costs whether or not awardable as court costs (including the cost of Bank staff) and reasonable attorney’s fees (including those of salaried Bank employees). If the Bank sues to collect and Borrower wins the lawsuit, the Bank will pay Borrower’s court costs and reasonable attorney’s fees, Also, Borrower agrees that regardless of where it is located or does business, the Bank may initiate legal action against Borrower in the courts of the state of California in the county in which the Borrower operates and Borrower hereby submits itself to jurisdiction of the courts therein.

Legal Action and Costs. Without waiving the Dispute Resolution provisions of this Agreement, the Bank may take legal action (including collection action) against Borrower/Guarantor and Borrower/Guarantor agrees to pay all collection costs whether or not awardable as court costs (including the cost of Bank staff) and reasonable attorney’s fees (including those of salaried Bank employees). If the Bank sues to collect and Borrower Xxxxxxxx wins the lawsuit, the Bank will pay BorrowerXxxxxxxx’s court costs and reasonable attorney’s fees, Also, Borrower Xxxxxxxx agrees that regardless of where it is located or does business, the Bank may initiate legal action against Borrower in the courts of the state of California in the county in which the Borrower operates and Borrower hereby submits itself to jurisdiction of the courts therein.