Common use of Transfer Fees and Expenses Clause in Contracts

Transfer Fees and Expenses. If any Bank causes the transfer of all or any part of its rights, benefits and/or obligations under the Security Documents, the Borrowers shall pay to the Agent on demand all costs, fees and expenses (including, but not limited to, legal fees and expenses), and all value added tax thereon, verified by the Agent as having been incurred by such Bank in connection with such transfer.

Appears in 13 contracts

Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Corporations and Companies (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)

AutoNDA by SimpleDocs

Transfer Fees and Expenses. If any Bank causes the transfer of all or any part of its rights, benefits and/or obligations under the Security Documents, the Borrowers it shall pay to the Agent and/or the Security Agent on demand all costs, fees and expenses (including, but not limited to, legal fees and expenses), and all value added tax thereon, verified by the Agent or, as the case may be, the Security Agent as having been incurred by such Bank it in connection with such transfer.

Appears in 4 contracts

Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Diana Shipping Inc.), Agreement (DryShips Inc.)

Transfer Fees and Expenses. If any Bank causes the transfer of all or any part of its rights, benefits and/or obligations under the Security Documents, the Borrowers such Bank shall pay to the Agent on demand all costs, fees and expenses (including, but not limited to, legal fees and expenses), and all value added tax thereon, verified by the Agent as having been incurred by such the Agent or the Security Agent or any other Bank in connection with such transfer.

Appears in 3 contracts

Samples: Agreement (Seanergy Maritime Holdings Corp.), Agreement (FreeSeas Inc.), Seanergy Maritime Holdings Corp.

Transfer Fees and Expenses. If any Bank causes the transfer of all or any part of its rights, benefits and/or obligations under the Security Documents, the Borrowers it shall pay to the Agent and/or the Security Agent on demand all costs, fees and expenses (including, but not limited to, legal fees and expenses), and all value added tax thereon, verified by the Agent or, as the case may be, the Security Agent as having been incurred by such Bank it or any other Creditor in connection with such transfer.

Appears in 2 contracts

Samples: Facility Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)

Transfer Fees and Expenses. If any Bank causes the transfer of all or any part of its rights, benefits and/or obligations under the Security Documents, it shall (or it shall ensure that the Borrowers shall relevant Transferee Bank shall) pay to the Agent and/or the Security Agent on demand a transfer fee of $3,000 per transfer for the account of the Agent and all costs, fees and expenses (including, but not limited to, legal fees and expenses), and all value added tax thereon, verified by the Agent or, as the case may be, the Security Agent as having been incurred by such Bank it in connection with such transfer.

Appears in 1 contract

Samples: Supplemental Agreement (Diana Shipping Inc.)

Transfer Fees and Expenses. If any Bank causes the transfer of all or any part of its rights, benefits and/or obligations under the Security Documents, it shall (or it shall ensure that the Borrowers shall relevant Transferee Bank shall) pay to the Agent and/or the Security Agent on demand a transfer fee of $3,500 per transfer for the account of the Agent and all costs, fees and expenses (including, but not limited to, legal fees and expenses), and all value added tax thereon, verified by the Agent or, as the case may be, the Security Agent as having been incurred by such Bank it in connection with such transfer.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Transfer Fees and Expenses. If any Bank causes the transfer of all or any part of its rights, benefits and/or obligations under the Security Documents, the Borrowers it shall pay to the Agent on demand all costs, fees and expenses (including, but not limited to, legal fees and expenses), and all value added tax thereon, verified by the Agent as having been incurred by such Bank it in connection with such transfer.

Appears in 1 contract

Samples: Loan Agreement (Capital Maritime & Trading Corp.)

AutoNDA by SimpleDocs

Transfer Fees and Expenses. If any Bank causes the transfer of all or any part of its rights, benefits and/or obligations under the Security Documents, it shall (or it shall ensure that the Borrowers shall relevant Transferee Bank shall) pay to the Agent-and/or the Security Agent on demand a transfer fee of $3,000 per transfer for the account of the Agent and all costs, fees and expenses (including, but not limited to, legal fees and expenses), and all value added tax thereon, verified by the Agent or, as the case may be, the Security Agent as having been incurred by such Bank it in connection with such transfer.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Transfer Fees and Expenses. If any Bank causes the transfer of all or any part of its rights, benefits and/or obligations under the Security Documents, the Borrowers such Bank shall bear and/or pay to the Agent on demand all costs, fees and expenses (including, but not limited to, legal fees and expenses), and all value added tax thereon, verified by the Agent as having been incurred by such Bank the Agent and/or any other Creditor in connection with such transfer.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Transfer Fees and Expenses. If any Bank causes the transfer of all or any part of its rights, benefits and/or obligations under the Security Documents, it shall (or it shall ensure that the Borrowers shall relevant Transferee Bank shall) pay to the Agent and/or the Security Agent on demand a transfer fee of $1,500 per transfer for the account of the Agent and all costs, fees and expenses (including, but not limited to, legal fees and expenses), and all value added tax thereon, verified by the Agent or, as the case may be, the Security Agent as having been incurred by such Bank it in connection with such transfer.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.