Common use of Payment of Lender’s Expenses Clause in Contracts

Payment of Lender’s Expenses. If at any time or times hereafter, Lender employs counsel in connection with the execution and consummation of the transactions contemplated by this Agreement or to commence, defend or intervene, file a petition, complaint, answer, motion or other pleading, or to take any action in or with respect to any suit or proceeding (bankruptcy or otherwise) relating to this Agreement or any other Loan Document, or any other agreement, guaranty, Convertible Note, instrument or document heretofore, now or at any time or times hereafter executed by Borrower and delivered to Lender, or to enforce any rights of Lender hereunder whether before or after the occurrence of any Event of Default, or to collect any of the Liabilities, then in any of such events, all of the reasonable attorneys' fees arising from such services, and any expenses, costs and charges relating thereto, shall be part of the Liabilities, payable on demand. In connection the initial loan documentation, counsel fees shall fees shall not exceed $15,000.

Payment of Lender’s Expenses. If at any time or times hereafter, Lender employs counsel in connection with the execution and consummation of the transactions contemplated by this Agreement or to commence, defend or intervene, file a petition, complaint, answer, motion or other pleading, or to take any action in or with respect to any suit or proceeding (bankruptcy or otherwise) relating to this Agreement or any other Loan Document, or any other agreement, guaranty, Convertible Note, instrument or document heretofore, now or at any time or times hereafter executed by Borrower and delivered to Lender, or to enforce any rights of Lender hereunder whether before or after the occurrence of any Event of Default, or to collect any of the Liabilities, then in any of such events, all of the reasonable attorneys' fees arising from such services, and any expenses, costs and charges relating thereto, shall be part of the Liabilities, payable on demand. In connection the initial loan documentation, counsel fees shall fees shall not exceed $15,000.

Payment of Lender’s Expenses. If at any time or times hereafter, Lender employs counsel in connection with the execution and consummation of the transactions contemplated by this Agreement or to commence, defend or intervene, file a petition, complaint, answer, motion or other pleading, or to take any action in or with respect to any suit or proceeding (bankruptcy or otherwise) relating to this Agreement or any other Loan Document, or any other agreement, guaranty, Convertible Note, instrument or document heretofore, now or at any time or times hereafter executed by Borrower and delivered to Lender, or to enforce any rights of Lender hereunder whether before or after the occurrence of any Event of Default, or to collect any of the Liabilities, then in any of such events, all of the reasonable attorneys' fees arising from such services, and any expenses, costs and charges relating thereto, shall be part of the Liabilities, payable on demand. In connection the initial loan documentation, counsel fees shall fees shall not exceed $15,0005,000.

Payment of Lender’s Expenses. If at any time or times hereafter, -------------------------------- Lender employs counsel in connection with the execution and consummation of the transactions contemplated by this Agreement or to commence, defend or intervene, file a petition, complaint, answer, motion or other pleading, or to take any action in or with respect to any suit or proceeding (bankruptcy or otherwise) relating to this Agreement or any other Loan Document, or any other agreement, guaranty, Convertible Note, instrument or document heretofore, now or at any time or times hereafter executed by Borrower and delivered to Lender, or to enforce any rights of Lender hereunder whether before or after the occurrence of any Event of Default, or to collect any of the Liabilities, then in any of such events, all of the reasonable attorneys' ` fees arising from such services, and any expenses, costs and charges relating thereto, shall be part of the Liabilities, payable on demand. In connection the initial loan documentation, counsel fees shall fees shall not exceed $15,0005,000.