Common use of Repayment of moneys Clause in Contracts

Repayment of moneys. If, in connection with the enforcement of the security constituted by this Charge, the Security Trustee sees fit to exercise its rights hereunder with respect to the Charged Property or any part thereof or if the Security Trustee makes any payment in respect of the Charged Property or any part thereof which should have been borne by the Borrower, all moneys so expended by the Security Trustee for the purposes aforesaid shall on demand be repaid by the Borrower to the Security Trustee in the currency in which such moneys were expended together with interest thereon calculated day by day from the date such moneys were expended until full payment (whether before or after judgment) at the rate per annum specified in Clause 18(B) of the relevant Credit Agreement.

Repayment of moneys. If, in connection with the enforcement of the security constituted by this Charge, the Security Trustee sees fit to exercise its rights hereunder with respect to the Charged Property or any part thereof or if the Security Trustee makes any payment in respect of the Charged Property or any part thereof which should have been borne by the Borrower, all moneys so expended by the Security Trustee for the purposes aforesaid shall on demand be repaid by the Borrower to the Security Trustee in the currency in which such moneys were expended together with interest thereon calculated day by day from the date such moneys were expended until full payment (whether before or after judgment) at the rate per annum specified in Clause 18(B) of the relevant Credit Agreement.