Common use of Reimbursement Costs Clause in Contracts

Reimbursement Costs. (a) The Borrower agrees to reimburse the Bank for any expenses it incurs in the preparation of this Agreement and any agreement or instrument required by this Agreement. Expenses include, but are not limited to, reasonable attorneys’ fees, including any allocated costs of the Bank’s in-house counsel to the extent permitted by applicable law. (b) The Borrower agrees to reimburse the Bank for the cost of periodic appraisals of the collateral, at such intervals as the Bank may reasonably require. The actions described in this paragraph may be performed by employees of the Bank or by independent appraisers.

Appears in 3 contracts

Samples: Loan Agreement (American Shared Hospital Services), Loan Agreement (Eloyalty Corp), Loan Agreement (Apple REIT Ten, Inc.)

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Reimbursement Costs. (a) The Borrower agrees Borrowers agree to reimburse the Bank for any expenses it incurs in the preparation of this Agreement and any agreement or instrument required by this Agreement. Expenses include, but are not limited to, reasonable attorneys' fees, including any allocated costs of the Bank’s 's in-house counsel to the extent permitted by applicable lawcounsel. (b) The Borrower agrees Borrowers agree to reimburse the Bank for the cost of periodic audits and appraisals of the collateralpersonal property collateral securing this Agreement, at such intervals as the Bank may reasonably require. The actions described in this paragraph audits and appraisals may be performed by employees of the Bank or by independent appraisers.

Appears in 2 contracts

Samples: Business Loan Agreement (Agribiotech Inc), Business Loan Agreement (Sunquest Information Systems Inc)

Reimbursement Costs. (a) The Borrower agrees Borrowers agree to reimburse the Bank for any expenses it incurs in the preparation of this Agreement and any agreement or instrument required by this Agreement. Expenses include, but are not limited to, reasonable attorneys' fees, including any allocated costs of the Bank’s 's in-house counsel to the extent permitted by applicable lawcounsel. (b) The Borrower agrees Borrowers agree to reimburse reimberse the Bank for the cost of periodic audits and appraisals of the collateralpersonal property collateral securing this Agreement, at such intervals as the Bank may reasonably require. The actions described in this paragraph audits and appraisals may be performed by employees of the Bank or by independent appraisers.

Appears in 1 contract

Samples: Business Loan Agreement (Kinetics Group Inc)

Reimbursement Costs. (a) The Borrower agrees to reimburse the Bank for any expenses it incurs in the preparation of this Agreement and any agreement or instrument required by this Agreement. Expenses include, but are not limited to, reasonable attorneys' fees, including any allocated costs of the Bank’s 's in-house counsel to the extent permitted by applicable law. (b) The Borrower agrees to reimburse the Bank for the cost of periodic appraisals of the collateral, at such intervals as the Bank may reasonably require. The actions described in this paragraph may be performed by employees of the Bank or by independent appraisers.

Appears in 1 contract

Samples: Loan Agreement (American Shared Hospital Services)

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Reimbursement Costs. (a) The Borrower agrees to reimburse the Bank for any expenses it incurs in the preparation of this Agreement and any agreement or instrument required by this Agreement. Expenses include, but are not limited to, reasonable attorneys’ fees, including any allocated costs of the Bank’s in-house counsel to the extent permitted by applicable law. (b) The Borrower agrees to reimburse the Bank for the cost of periodic appraisals field examinations of the collateralBorrower’s books and records, at such intervals as the Bank may reasonably require. The actions described in this paragraph may be performed by employees of the Bank or by independent appraisers.

Appears in 1 contract

Samples: Bridge Loan Agreement (Coast Casinos Inc)

Reimbursement Costs. (a) The Borrower agrees to reimburse the Bank for any expenses it incurs in the preparation of this Agreement and any agreement or instrument required by this Agreement. Expenses include, but are not limited to, reasonable attorneys’ fees, including any allocated costs of the Bank’s in-house counsel to the extent permitted by applicable law. (b) The Borrower agrees to reimburse the Bank for the reasonable cost of periodic audits and/or appraisals of the collateralaccounts receivable collateral securing this Agreement, at such intervals as the Bank may reasonably require. The actions described in this paragraph audits and/or appraisals may be performed by employees of the Bank or by independent appraisers.

Appears in 1 contract

Samples: Business Loan Agreement (Network Equipment Technologies Inc)

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