Common use of Security Agent's Fees and Expenses; Indemnification Clause in Contracts

Security Agent's Fees and Expenses; Indemnification. (a) Each of the Pledgors jointly and severally agrees to pay upon demand to the Security Agent the amount of any and all reasonable expenses, including the reasonable fees and expenses of its counsel and of any experts or agents, which the Security 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, enforcement or protection of any of the rights of the Security Agent hereunder or (iv) the failure of the Pledgors to perform or observe any of the provisions hereof.

Appears in 2 contracts

Samples: Pledge Agreement (Brylane Inc), Pledge Agreement (Brylane Inc)

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Security Agent's Fees and Expenses; Indemnification. (a) Each of the Pledgors jointly and severally agrees to pay upon demand to the Security Agent the amount of any and all reasonable expenses, including the reasonable fees and expenses of its counsel and of any experts or agents, which the Security 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, enforcement or protection of any of the rights of the Security Agent hereunder or (iv) the failure of the Pledgors to perform or observe any of the provisions hereof.. PAGE

Appears in 1 contract

Samples: Amended And (Brylane Inc)

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Security Agent's Fees and Expenses; Indemnification. (a1) Each of the The Pledgors jointly and severally agrees agree to pay upon demand to the Security Agent the amount of any and all reasonable out-of-pocket expenses, including the reasonable fees and expenses of its counsel (including without limitation the allocated fees and expenses of in-house counsel) and of any experts or agents, which the Security Agent may reasonably incur in connection with (i) the administration of this Agreement, (ii) the custody or preservation of, or the sale of, collection from from, or other realization upon upon, any of the Collateral, (iii) the exercise, exercise or enforcement or protection of any of the rights of the Security Agent hereunder hereunder, or (iv) the failure of by the Pledgors to perform or observe any of the provisions hereof.

Appears in 1 contract

Samples: Pledge Agreement (Getty Images Inc)

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