Common use of Loan Commission Clause in Contracts

Loan Commission. Lender is not obligated to pay any brokerage commission or fee in connection with or arising out of the Loan. Borrower must pay any and all brokerage commissions or fees arising out of or in connection with the Loan and Borrower agrees to indemnify, defend and hold harmless Lender against any claim for any such fees or commissions.

Appears in 2 contracts

Samples: Loan Agreement (Barnwell Industries Inc), Loan Agreement (Barnwell Industries Inc)

AutoNDA by SimpleDocs

Loan Commission. Lender Bank is not obligated to pay any brokerage commission or fee in connection with or arising out of the Loan. Borrower must pay any and all brokerage commissions or fees arising out of or in connection with the Loan and Borrower agrees to indemnify, defend and hold harmless Lender against any claim for any such fees or commissionsLoan.

Appears in 2 contracts

Samples: Standing Loan Agreement and Swap (Point 360), Loan Agreement (Oakley Inc)

AutoNDA by SimpleDocs

Loan Commission. Lender is Bank shall not be obligated to pay any brokerage commission or fee in connection with or arising out of the Loan. Borrower must shall pay any and all brokerage commissions or fees arising out of or in connection with the Loan and Borrower agrees to indemnify, defend and hold harmless Lender against any claim for any such fees or commissionsLoan.

Appears in 1 contract

Samples: Loan Agreement (Pro Dex Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.