Common use of Payment of valuation expenses Clause in Contracts

Payment of valuation expenses. Without prejudice to the generality of the Borrowers’ obligations under Clauses 20.2, 20.3 and 21.3, the Borrowers shall, on demand, pay the Agent the amount of the fees and expenses of any shipbroker or expert instructed by the Agent under this Clause (no more than twice per year per Ship unless an Event of Default has occurred which is continuing) and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause.

Payment of valuation expenses. Without prejudice to the generality of the Borrowers’ Borrower’s obligations under Clauses 20.220.2 (Costs of negotiation, preparation etc.), 20.3 (Costs of variations, amendments enforcement etc.) and 21.321.3 (Other breakage), the Borrowers Borrower shall, on demand, pay the Agent the amount of the fees and expenses of any shipbroker Approved Broker or expert instructed by the Agent under this Clause (no more than twice per year per Ship unless an Event of Default has occurred which is continuing) and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause.

Payment of valuation expenses. Without prejudice to the generality of the Borrowers’ obligations under Clauses 20.220.2 (Costs of negotiation, preparation etc.), 20.3 (Costs of variations, amendments, enforcement etc.) and 21.321.3 (Miscellaneous indemnities), the Borrowers shall, on demand, pay the Agent the amount of the fees and expenses of any shipbroker or expert instructed by the Agent under this Clause (no more than twice per year per Ship unless an Event of Default has occurred which is continuing) and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause.

Payment of valuation expenses. Without prejudice to the generality of the Borrowers’ Borrower’s obligations under Clauses 20.220.2 (Costs of negotiation, preparation etc.), 20.3 (Costs of variations, amendments, enforcement etc.) and 21.321.2 (Other breakage costs), the Borrowers Borrower shall, on demand, pay the Agent the amount of the fees and expenses of any shipbroker Approved Broker or expert instructed by the Agent under this Clause (no more than twice per year per Ship unless an Event of Default has occurred which is continuing) and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause.

Payment of valuation expenses. Without prejudice to the generality of the Borrowers’ obligations under Clauses 20.2, 20.3 and 21.3, the Borrowers shall, on demand, pay the Agent the amount of the fees and expenses of any shipbroker or expert instructed by the Agent under this Clause 15 (no but not more often than twice per year per Ship once in any period of 12 months unless an Event of Default has occurred which is continuingoccurred) and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause.

Payment of valuation expenses. Without prejudice to the generality of the Borrowers’ obligations under Clauses 20.225.2, 20.3 25.3 and 21.326.3, the Borrowers shall, on demand, pay the Agent the amount of the fees and expenses of any shipbroker or expert instructed by the Agent under this Clause (no more than twice per year per Ship unless an Event of Default has occurred which is continuing) 20 and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this ClauseClause 20.