Common use of Reimbursement of Administrative Agent Clause in Contracts

Reimbursement of Administrative Agent. (a) Each Pledgor agrees to pay upon demand to the Administrative Agent the amount of any and all reasonable expenses, including the reasonable fees, other charges and disbursements of its counsel and of any experts or agents, that the Administrative Agent may incur in connection with (i) the administration of this Agreement, (ii) the custody or preservation of, or the sale of, collection from, or other realization upon, any of the Collateral, (iii) the exercise or enforcement of any of the rights of the Administrative Agent hereunder or (iv) the failure by such Pledgor to perform or observe any of the provisions hereof.

Appears in 3 contracts

Samples: Pledge Agreement (Aerolink International Inc), Pledge Agreement (Knowles Electronics LLC), Pledge Agreement (Knowles Electronics LLC)

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Reimbursement of Administrative Agent. (a) Each Pledgor jointly and severally agrees to pay upon demand to the Administrative Agent the amount of any and all reasonable expenses, including the reasonable fees, other charges and disbursements of its counsel and of any experts or agents, that the Administrative Agent may incur in connection with (i) the administration of this Agreement, (ii) the custody or preservation of, or the sale of, collection from, or other realization upon, any of the Collateral, (iii) the exercise exercise, enforcement or enforcement protection of any of the rights of the Administrative Agent hereunder or (iv) the failure by such any Pledgor to perform or observe any of the provisions hereof.

Appears in 3 contracts

Samples: Pledge Agreement (Jupitermedia Corp), Pledge Agreement (Jupitermedia Corp), Pledge Agreement (Jupitermedia Corp)

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Reimbursement of Administrative Agent. (a) Each Pledgor jointly and severally agrees to pay upon demand to the Administrative Agent the amount of any and all reasonable expenses, including the reasonable fees, other charges and disbursements of its counsel and of any experts or agents, that the Administrative Agent may incur in connection with (i) the administration of this Agreement, (ii) the custody or preservation of, or the sale of, collection from, or other realization upon, any of the Collateral, (iii) the exercise exercise, enforcement or enforcement protection of any of the rights of the Administrative Agent hereunder or (iv) the failure by such Pledgor to perform or observe any of the provisions hereofhereof applicable to it.

Appears in 2 contracts

Samples: S. Pledge Agreement (Seagate Technology PLC), S. Pledge Agreement (Seagate Technology)

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