Common use of Warrant Agent’s Remuneration and Expenses Clause in Contracts

Warrant Agent’s Remuneration and Expenses. ‌ The Corporation covenants that it will pay to the Warrant Agent from time to time reasonable remuneration for its services hereunder as provided in the Fee Schedule and will pay or reimburse the Warrant Agent upon its request for all reasonable and documented expenses, disbursements and advances incurred or made by the Warrant Agent in the administration or execution of the trusts hereby created (including the reasonable compensation and the disbursements of its Counsel and all other advisers and assistants not regularly in its employ) both before any default hereunder and thereafter until all duties of the Warrant Agent hereunder shall be finally and fully performed. Any amount owing hereunder and remaining unpaid after 30 days from the invoice date will bear interest at the then current rate charged by the Warrant Agent against unpaid invoices and shall be payable upon demand. This Section shall survive the resignation or removal of the Warrant Agent or the termination of this Indenture.

Appears in 1 contract

Samples: Warrant Indenture

AutoNDA by SimpleDocs

Warrant Agent’s Remuneration and Expenses. The Corporation covenants that it will pay to the Warrant Agent from time to time reasonable remuneration for its services hereunder as provided in accordance with fee schedules between the Fee Schedule Corporation and Warrant Agent and will pay or reimburse the Warrant Agent upon its request for all reasonable and documented expenses, disbursements and advances incurred or made by the Warrant Agent in the administration or execution of the trusts duties hereby created (including the reasonable compensation and the disbursements of its Counsel and all other advisers and assistants not regularly in its employ) both before any default hereunder and thereafter until all duties of the Warrant Agent hereunder shall be finally and fully performed. Any amount owing hereunder and remaining unpaid after 30 days from the invoice date will bear interest at the then current rate charged by the Warrant Agent against unpaid invoices and shall be payable upon demand. This Section 5.3 shall survive the resignation or removal of the Warrant Agent or and/or the termination of this Indenture.

Appears in 1 contract

Samples: Warrant Indenture

Warrant Agent’s Remuneration and Expenses. ‌ The Corporation Company covenants that it will pay to the Warrant Agent from time to time reasonable remuneration for its services hereunder as provided in the Fee Schedule and will pay or reimburse the Warrant Agent upon its request for all reasonable expenses and documented expenses, disbursements and advances incurred or made by the Warrant Agent in the administration or execution of the trusts hereby created (including the reasonable compensation and the disbursements of its Counsel counsel and all other advisers advisers, experts, accountants and assistants not regularly in its employ) both before any default hereunder and thereafter until all duties of the Warrant Agent hereunder shall be finally and fully performed. Any amount owing hereunder and remaining unpaid after 30 thirty (30) days from the invoice date will bear interest at the then current rate charged by the Warrant Agent against unpaid invoices and shall be payable upon demand. This Section section shall survive the resignation or removal of the Warrant Agent or and/or the termination of this Indenture.

Appears in 1 contract

Samples: Warrant Indenture

Warrant Agent’s Remuneration and Expenses. ‌ The Corporation covenants that it will pay to the Warrant Agent from time to time reasonable remuneration for its services hereunder as provided in the Fee Schedule and will pay or reimburse the Warrant Agent upon its request for all reasonable and documented expenses, disbursements and advances incurred or made by the Warrant Agent in the administration or execution of the trusts hereby created its duties hereunder (including the reasonable compensation and the disbursements of its Counsel and all other advisers and assistants not regularly in its employ) both before any default hereunder and thereafter until all duties of the Warrant Agent hereunder shall be finally and fully performed. Any amount owing hereunder and remaining unpaid after 30 days from the invoice date will bear interest at the then current rate charged by the Warrant Agent against unpaid invoices and shall be payable upon demand. This Section shall survive the resignation or removal of the Warrant Agent or and/or the termination of this Indenture.

Appears in 1 contract

Samples: Warrant Indenture

AutoNDA by SimpleDocs

Warrant Agent’s Remuneration and Expenses. The Corporation covenants that it will pay to the Warrant Agent from time to time reasonable remuneration for its services hereunder as provided in the Fee Schedule and will pay or reimburse the Warrant Agent upon its request for all reasonable and documented expenses, disbursements and advances incurred or made by the Warrant Agent in the administration or execution of the trusts hereby created (including the reasonable compensation and the disbursements of its Counsel and all other advisers and assistants not regularly in its employ) both before any default hereunder and thereafter until all duties of the Warrant Agent hereunder shall be finally and fully performed. Any amount owing hereunder and remaining unpaid after 30 days from the invoice date will bear interest at the then current rate charged by the Warrant Agent against unpaid invoices and shall be payable upon demand. This Section shall survive the resignation or removal of the Warrant Agent or the termination of this Indenture.

Appears in 1 contract

Samples: Warrant Indenture

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!