Payment of Xxxxxx’s Expenses and Costs. The Borrower will pay to the Lender on demand any Costs. Costs form part of the Indebtedness and will bear interest in accordance with terms of an Agreement and this Mortgage as they relate to Costs.
Payment of Xxxxxx’s Expenses and Costs Sample Clauses
Related to Payment of Xxxxxx’s Expenses and Costs
REIMBURSEMENT OF FEES AND COSTS The Parties acknowledge that Xxxxxxxx and his counsel offered to reach preliminary agreement on the material terms of this dispute before reaching terms on the amount of fees and costs to be reimbursed to them. The Parties thereafter reached an accord on the compensation due to Xxxxxxxx and his counsel under general contract principles and the private attorney general doctrine and principles codified at California Code of Civil Procedure § 1021.5, for all work performed through the mutual execution of this agreement. Under these legal principles, Xxxxx Xxxxxxx shall reimburse Xxxxxxxx’x counsel for fees and costs incurred as a result of investigating and bringing this matter to Xxxxx Xxxxxxx’ attention, and negotiating a settlement in the public interest. Within ten (10) days of the Effective Date, Daisy Corsets shall provide Xxxxxxxx’x counsel with a check payable to “Xxxxxxx & Xxxxx” in the amount of $14,000.00 for delivery to the address identified in § 3.2(a)(i), above.
COSTS & EXPENSES Each party hereto shall bear its own costs in connection with the preparation, execution and delivery of this Agreement.
