Common use of Security Agent’s ongoing costs Clause in Contracts

Security Agent’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider or the Instructing Group to undertake duties which the Security Agent and the Parent agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Documents, the Parent shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Company shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) 18.3.1 In the event of (i1) a Default or Default; (ii2) the Security Agent considering it necessary or expedient or (iii3) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Borrower shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) 18.3.1 In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Borrower shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Participating Creditors to undertake duties which the Security Agent and the Parent agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) a the occurrence of an Event of Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider the Borrower or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Borrower shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider Debtor or the Instructing Group to undertake duties which the Security Agent and the Parent Senior Secured Notes Issuer agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent Agent, any Receiver or Delegate under the Debt Documents, the Parent Senior Secured Notes Issuer shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) the occurrence of a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent (acting reasonably) being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Company shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) the occurrence of a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Company shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) 19.3.1 In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient (acting reasonably) or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Company shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) a an Event of Default or (ii) the Security Agent considering it necessary or expedient or (iii) and the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) 19.3.1 In the event of (i1) a Default or Default; (ii2) the Security Agent considering it necessary or expedient or (iii3) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Borrower shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (ia) a Default or (iib) the Security Agent considering it necessary or expedient or (iiic) the Security Agent being requested by a Debtor, a Security Provider the Borrower or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Borrower shall pay to the Security Agent any reasonable additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of the occurrence of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Company shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Agent (acting reasonably) considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Lender to undertake duties which the Security Agent and the Parent Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Borrower shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtorthe Company, the Guarantor, a Security Provider member of the Group or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Company agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Company shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Creditors to undertake duties which the Security Agent and the Parent agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Agent (acting upon the instructions of the Majority Lenders) considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Borrower shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) 20.3.1 In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (aA) In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the an Instructing Group to undertake duties which the Security Agent and the Parent Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Borrower shall pay to the Security Agent any additional remuneration (together with any applicable VAT) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (ia) a an Event of Default or (iib) the Security Agent considering it necessary or expedient or (iiic) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Borrower shall pay to the Security Agent any additional remuneration (together with any applicable VATIndirect Tax) that may be agreed between them.

Security Agent’s ongoing costs. (a) In the event of (i) a Default or (ii) the Security Agent considering it necessary or expedient or (iii) the Security Agent being requested by a Debtor, a Security Provider an Obligor or the Instructing Group Majority Lenders to undertake duties which the Security Agent and the Parent Borrower agree to be of an exceptional nature and/or outside the scope of the normal duties of the Security Agent under the Debt Finance Documents, the Parent Borrower shall pay to the Security Agent any additional remuneration (together with any applicable VATIndirect Tax) that may be agreed between them.