Common use of Security Agent expenses Clause in Contracts

Security Agent expenses. The Borrower shall, within three (3) Business Days of demand, pay to the Security Agent the amount of all costs and expenses (including legal fees) incurred by it in connection with the release of any Lien created pursuant to any Security Document.

Appears in 7 contracts

Samples: Bpifae Facility Agreement (Globalstar, Inc.), Second Lien Facility Agreement (Globalstar, Inc.), Bpifae Facility Agreement (Globalstar, Inc.)

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Security Agent expenses. The Borrower shall, shall within three (3) 3 Business Days of demand, demand pay to the Security Agent the amount of all reasonable costs and expenses (including legal fees) incurred (and properly evidenced) by it in connection with the administration or release of any Lien Security created pursuant to any Transaction Security Document.

Appears in 2 contracts

Samples: Global Intercreditor Agreement (Atlatsa Resources Corp), Global Intercreditor Agreement (Anooraq Resources Corp)

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