Common use of Reimbursement Of Lender's Costs And Expenses Clause in Contracts

Reimbursement Of Lender's Costs And Expenses. Borrower agrees to pay or reimburse Lender upon demand for (a) all recording, filing and search fees and expenses incurred by Lender in connection with this Agreement and/or the Note, (b) all out-of-pocket costs and expenses (including, without limitation, reasonable attorneys' fees and expenses) incurred by Lender in connection with the preparation of any waiver or consent under this Agreement or under the Note and (c) if an Event of Default occurs, all out-of-pocket costs and expenses (including, without limitation, reasonable attorneys' fees and expenses) incurred by Lender in connection with such Event of Default and collection and other enforcement proceedings resulting therefrom. Borrower further agrees to pay or reimburse Lender upon demand for any stamp or other similar taxes which may be payable with respect to the execution, delivery, recording and/or filing of this Agreement and/or the Note. All of the obligations of Borrower under this Section 9(a) shall survive the satisfaction and payment of the Borrower's Obligations and the termination of this Agreement.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tangible Asset Galleries Inc), Securities Purchase Agreement (Tangible Asset Galleries Inc)

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Reimbursement Of Lender's Costs And Expenses. Borrower agrees to pay or reimburse the Lender upon demand for (a) all out-of-pocket costs and expenses (including, without limitation, reasonable attorneys' fees and expenses up to a maximum aggregate amount for all Lender of $2,000.00) incurred by the Lender in connection with the preparation, documentation, negotiation and/or execution of this Agreement and/or any of the other Transaction Documents, (b) all recording, filing and search fees and expenses incurred by the Lender in connection with this Agreement and/or any of the Noteother Transaction Documents, (bc) all out-of-pocket costs and expenses (including, without limitation, reasonable attorneys' fees and expenses) incurred by the Lender in connection with the preparation of any waiver or consent under this Agreement or under any of the Note other Transaction Documents and (cd) if an Event of Default occurs, all out-of-pocket costs and expenses (including, without limitation, reasonable attorneys' fees and expenses) incurred by the Lender in connection with such Event of Default and collection and other enforcement proceedings resulting therefrom. Borrower further agrees to pay or reimburse the Lender upon demand for any stamp or other similar taxes which may be payable with respect to the execution, delivery, recording and/or filing of this Agreement and/or any of the Noteother Transaction Documents. All of the obligations of Borrower under this Section 9(a) shall survive the satisfaction and payment of the Borrower's Obligations and the termination of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Tangible Asset Galleries Inc)

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Reimbursement Of Lender's Costs And Expenses. Borrower agrees to pay or reimburse the Lender upon demand for (a) all out-of-pocket costs and expenses (including, without limitation, reasonable attorneys' fees and expenses up to a maximum aggregate amount for all Lender of $2,000.00) incurred by the Lender in connection with the preparation, documentation, negotiation and/or execution of this Agreement and/or any of the other Transaction Documents, (b) all recording, filing and search fees and expenses incurred by the Lender in connection with this Agreement and/or any of the Noteother Transaction Documents, (bc) all out-of-pocket costs and expenses (including, without limitation, reasonable attorneys' fees and expenses) incurred by the Lender in connection with the preparation of any waiver or consent under this Agreement or under any of the Note other Transaction Documents and (cd) if an Event of Default occurs, all out-of-pocket costs and expenses (including, without limitation, reasonable attorneys' fees and expenses) incurred by the Lender in connection with such Event of Default and collection and other enforcement proceedings resulting therefrom. Borrower further agrees to pay or reimburse the Lender upon demand for any stamp or other similar taxes which may be payable with respect to the execution, delivery, recording and/or filing of this Agreement and/or any of the Noteother Transaction Documents. All of the obligations of Borrower under this Section 9(a10(a) shall survive the satisfaction and payment of the Borrower's Obligations and the termination of this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Tangible Asset Galleries Inc)

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