Security Agent’s ongoing costs. (a) Any amount payable to the Security Agent under Clause 15.4 (Obligors' indemnity to the Security Agent), Clause 16 (Costs and expenses), Clause 26.20 (Lenders' indemnity to the Security Agent) and this Clause shall include the cost of utilising the Security Agent's management time or other resources and will be calculated on the basis of such reasonable daily or hourly rates as the Security Agent may notify to the Borrower and the Lenders, and is in addition to any other fee paid or payable to the Security Agent under Clause 11 (Fees).
Appears in 2 contracts
Samples: Facility Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD)
Security Agent’s ongoing costs. (a) Any amount payable to the Security Agent under Clause 15.4 16.4 (Obligors' indemnity to the Security Agent), Clause 16 (Costs and expenses), Clause 26.20 (Lenders' indemnity Indemnity to the Security Agent) and this Clause 18 shall include the cost of utilising the Security Agent's ’s management time or other resources and will be calculated on the basis of such reasonable daily or hourly rates as the Security Agent may notify to the Borrower Parent and the Lenders, Lenders and is in addition to any other fee paid or payable to the Security Agent under Clause 11 (Fees)Agent.
Appears in 2 contracts
Samples: Facilities Agreement (Igate Corp), Facilities Agreement (Igate Corp)
Security Agent’s ongoing costs. (a) Any amount payable to the Security Agent under Clause clause 15.4 (Obligors' indemnity to the Security Agent), Clause 16 (Costs and expenses), Clause 26.20 (Lenders' indemnity Indemnity to the Security Agent) and this Clause clause 18 shall include the cost of utilising the Security Agent's ’s management time or other resources and will be calculated on the basis of such reasonable daily or hourly rates as the Security Agent may notify to the Borrower Parent and the Lenders, and is in addition to any other fee paid or payable to the Security Agent under Clause 11 (Fees)Agent.
Appears in 1 contract
Samples: Restatement Agreement (Hanover Insurance Group, Inc.)
Security Agent’s ongoing costs. (a) Any amount payable to the Security Agent under Clause 15.4 clause 16.4 (Obligors' indemnity to the Security Agent), Clause 16 (Costs and expenses), Clause 26.20 (Lenders' indemnity Indemnity to the Security Agent) and this Clause clause 18 shall include the cost of utilising the Security Agent's ’s management time or other resources and will be calculated on the basis of such reasonable daily or hourly rates as the Security Agent may notify to the Borrower and the Lenders, and is in addition to any other fee paid or payable to the Security Agent under Clause 11 (Fees)Agent.
Appears in 1 contract
Samples: Enstar Group LTD
