Common use of Preservation and Enforcement of Rights Clause in Contracts

Preservation and Enforcement of Rights. The Borrower shall, from time to time on demand of the Agent, reimburse the Agent, the Banks and the Security Trustee for all costs and expenses (including legal fees) incurred in or in connection with the preservation and/or enforcement of any of the rights of the Agent, the Banks and the Security Trustee under the Facility Documents.

Appears in 5 contracts

Samples: Senior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp), Junior Facility Agreement (General Maritime Corp)

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Preservation and Enforcement of Rights. The Borrower shall, from time to time on demand of the Agent, reimburse the Agent, the Banks and the Security Trustee for all costs and expenses (including legal fees) incurred in or in connection with the preservation and/or enforcement of any of the rights of the Agent, the Banks and the Security Trustee under the Facility Financing Documents.

Appears in 2 contracts

Samples: Junior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp)

Preservation and Enforcement of Rights. The Borrower Borrowers shall, from time to time on demand of the Agent, reimburse the Agent, the Banks and the Security Trustee for all costs and expenses (including legal fees) incurred in or in connection with the preservation and/or enforcement of any of the rights of the Agent, the Banks and the Security Trustee under the Facility Documents.

Appears in 2 contracts

Samples: Senior Facility Agreement (General Maritime Corp), Junior Facility Agreement (General Maritime Corp)

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Preservation and Enforcement of Rights. The Borrower shall, from time to time on demand of the Agent, reimburse the Agent, the Banks and the Security Trustee for all costs and expenses (including legal fees) incurred in or in connection with the preservation and/or enforcement of any of the rights of the Agent, the Banks and the Security Trustee under the Facility DocumentsDocuments to which it is a party.

Appears in 1 contract

Samples: Junior Facility Agreement (General Maritime Corp)

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