Common use of PAYMENT OF COSTS, EXPENSES AND ATTORNEYS’ FEES Clause in Contracts

PAYMENT OF COSTS, EXPENSES AND ATTORNEYS’ FEES. Grantor agrees to pay to Grantee immediately and upon demand all costs and expenses incurred by Grantee in the enforcement of the terms and conditions of this Security Deed (including, without limitation, trustee’s fees, court costs and reasonable attorneys’ fees, whether incurred in litigation or not) with interest from the date of expenditure until said sums have been paid at the rate of interest applicable to the principal balance of the Note as specified therein.

Appears in 3 contracts

Samples: And Security Agreement (Cole Credit Property Trust III, Inc.), And Security Agreement (Cole Credit Property Trust III, Inc.), And Security Agreement (Cole Credit Property Trust III, Inc.)

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PAYMENT OF COSTS, EXPENSES AND ATTORNEYS’ FEES. Grantor agrees to pay to Grantee immediately and upon without demand all costs and expenses incurred by Grantee in the enforcement of the terms and conditions of this Security Deed pursuant to Section 6.2 (including, without limitation, trustee’s fees, court costs and reasonable attorneys’ fees, whether incurred in litigation or not) with interest from the date of expenditure until said sums have been paid at the rate of interest then applicable to the principal balance of the Note as specified therein.

Appears in 1 contract

Samples: Security Agreement (KBS Real Estate Investment Trust, Inc.)

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