Common use of Secured Party's Expenses Clause in Contracts

Secured Party's Expenses. All reasonable advances, costs, expenses, charges and attorneys' fees which Secured Party may make, pay or incur under any provision of this Agreement for the protection of its security or for the enforcement of any of its rights hereunder, including, without limitation, in foreclosure proceedings commenced and subsequently abandoned or in any dispute or litigation in which Secured Party or the holder of any of the Obligations may become involved by reason of or arising out of any Other Agreement or the Collateral, shall be a part of the Obligations and shall be paid by Debtor to Secured Party, upon demand, and shall bear interest until paid at the maximum rate of interest permitted by applicable law, from the date incurred by Secured Party until repaid by Debtor.

Appears in 2 contracts

Samples: Contribution Agreement (Prime Medical Services Inc /Tx/), Assignment and Security Agreement (Prime Medical Services Inc /Tx/)

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Secured Party's Expenses. All reasonable advances, costs, expenses, charges and attorneys' fees which the Secured Party may make, pay or incur under any provision of this Security Agreement for the protection of its security or for the enforcement of any of its rights hereunder, including, without limitation, or in foreclosure proceedings commenced and subsequently abandoned dismissed, or in any dispute or litigation in which the Secured Party or the holder of any of the Obligations Note may become involved by reason of or arising out of the Loan Documents, including this Security Agreement, or any Other Agreement other instrument secured hereby, or the Collateral or the care and management of the Collateral, shall be a part of the Obligations and shall be paid by the Debtor to the Secured Party, upon demand, and shall bear interest until paid at the maximum rate specified by the Note to be paid in the event of interest permitted by applicable lawdefault thereunder, from all of which obligations shall be additional charges upon the date incurred by Secured Party until repaid by DebtorCollateral and be equally secured hereby.

Appears in 2 contracts

Samples: Security Agreement (Cyanotech Corp), Security Agreement (Cyanotech Corp)

Secured Party's Expenses. All reasonable advances, costs, expenses, charges and attorneys' fees which Secured Party may make, pay or incur under any provision of this Agreement for the protection of its security or for the enforcement of any of its rights hereunder, including, without limitation, in foreclosure proceedings commenced and subsequently abandoned or in any dispute or litigation in which Secured Party or the holder of any of the Obligations may become involved by reason of or arising out of the Purchase Agreement, any Other Agreement or the Collateral, shall be a part of the Obligations and shall be paid by Debtor to Secured Party, upon demand, and shall bear interest until paid at the maximum rate of interest permitted by applicable law, from the date incurred by Secured Party until repaid by Debtor.

Appears in 1 contract

Samples: Assignment and Security Agreement (Prime Medical Services Inc /Tx/)

Secured Party's Expenses. All reasonable advances, costs, expenses, charges and attorneys' fees which the Secured Party may make, pay or incur under any provision of this Security Agreement for the protection of its security or for the enforcement of any of its rights hereunder, including, without limitation, or in foreclosure proceedings commenced and subsequently abandoned dismissed, or in any dispute or litigation in which the Secured Party or the holder of any of the Obligations Note may become involved by reason of or arising out of the Loan Documents, including this Security Agreement, or any Other Agreement other instrument secured hereby, or the Collateral or the care and management of the Collateral, shall be a part of the Obligations and shall be paid by the Debtor to the Secured Party, upon demand, and shall bear interest until paid at the maximum rate specified by the Note to be paid in the event of interest permitted by applicable lawdefault thereunder, from all of which obligations shall be additional charges upon the date incurred by Secured Party until repaid by DebtorCollateral and be equally secured hereby.

Appears in 1 contract

Samples: Term Loan Agreement (Cyanotech Corp)

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Secured Party's Expenses. All reasonable advances, costs, expenses, charges and attorneys' attorney’s fees which the Secured Party may make, pay or incur under any provision of this Security Agreement for the protection of its security or for the enforcement of any of its rights hereunder, including, without limitation, or in foreclosure proceedings commenced and subsequently abandoned abandoned, or in any dispute or litigation in which the Secured Party or the holder of any of the Obligations Note may become involved by reason of or arising out of the Loan Documents, including this Security Agreement, or any Other Agreement other instrument secured hereby, or the Collateral or the care and management of the Collateral, shall be a part of the Obligations and shall be paid by the Debtor to the Secured Party, upon demand, and shall bear interest until paid at the maximum rate specified by the Note to be paid in the event of interest permitted by applicable lawdefault thereunder, from all of which obligations shall be additional charges upon the date incurred by Secured Party until repaid by DebtorCollateral and be equally secured hereby.

Appears in 1 contract

Samples: Security Agreement (Hoku Scientific Inc)

Secured Party's Expenses. All reasonable advances, costs, expenses, charges and reasonable attorneys' fees which the Secured Party may make, pay or incur under any provision of this Security Agreement for the protection of its security or for the enforcement of any of its rights hereunder, including, without limitation, or in foreclosure proceedings commenced and subsequently abandoned abandoned, or in any dispute or litigation in which the Secured Party or the holder of any of the Obligations Note may become involved by reason of or arising out of the Loan Documents, including this Security Agreement, or any Other Agreement other instrument secured hereby, or the Collateral or the care and management of the Collateral, shall be a part of the Obligations and shall be paid by the Debtor to the Secured Party, upon demand, and shall bear interest until paid at the maximum rate specified by the Note to be paid in the event of interest permitted by applicable lawdefault thereunder, from all of which obligations shall be additional charges upon the date incurred by Secured Party until repaid by DebtorCollateral and be equally secured hereby.

Appears in 1 contract

Samples: Security Agreement (Cyanotech Corp)

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