Pledgor's Reimbursement Obligation. The expenses of the Agent incurred in connection with any actions taken pursuant to this Section 10, together with interest thereon at a rate per annum equal to 3 1/2% above the Base Rate then in effect from the date payment is demanded by the Agent to the date reimbursed by the Pledgor, shall be payable by the Pledgor to the Agent on demand.
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Samples: Subsidiary Security Agreement (Gencor Industries Inc), Subsidiary Security Agreement (Gencor Industries Inc), Subsidiary Security Agreement (Gencor Industries Inc)
Pledgor's Reimbursement Obligation. The expenses of the Agent incurred in connection with any actions taken pursuant to undertaken as provided in this Section 10Section, together with interest thereon at a rate per annum equal to 3 1/2% above the Base Rate rate per annum at which interest would then in effect be payable on past due ABR Loans under the Credit Agreement, from the date of payment is demanded by the Agent to the date reimbursed by the Pledgor, shall be payable by the Pledgor to the Agent on demand.
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Pledgor's Reimbursement Obligation. The expenses of the Agent incurred in connection with any actions taken pursuant to undertaken as provided in this Section 10Section, together with interest thereon at a rate per annum equal to 3 1/2% above the rate per annum at which interest would then be payable on past due Base Rate then in effect Loans under the Credit Agreement, from the date of payment is demanded by the Agent to the date reimbursed by the relevant Pledgor, shall be payable by the such Pledgor to the Agent on demand.
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Samples: Paxson Pledge Agreement (Paxson Communications Corp)