Common use of Transfer Fees and Expenses Clause in Contracts

Transfer Fees and Expenses. If any Lender causes the transfer of all or any part of its rights, benefits and/or obligations under the Security Documents, the Transferor Lender 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 it and any other Lender in connection with such transfer.

Transfer Fees and Expenses. If any Lender causes the transfer of all or any part of its rights, benefits and/or obligations under the Security Finance Documents, the Transferor Lender it shall pay to the Facility 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 Facility Agent or, as the case may be, the Security Agent as having been incurred by it and any other Lender in connection with such transfer.