Agent Expenses definition

Agent Expenses means any costs, liabilities, losses, claims, damages, and expenses incurred by, and any indemnification claims of, the Agent, for which the Agent has recourse under the Credit Documents and that are attributable or allocable to the Transferred Rights.
Agent Expenses are all audit fees and expenses and reasonable costs or expenses (including reasonable attorneys’ fees and expenses) for preparing, negotiating, administering, defending and enforcing the Loan Documents (including appeals or Insolvency Proceedings).
Agent Expenses means any costs, liabilities, losses, claims, damages and expenses incurred by, and any indemnification claims of, the Agent, for which the Agent has recourse under the Loan Documents and that are attributable or allocable to the Loan Interests.

Examples of Agent Expenses in a sentence

  • The Borrower shall pay or reimburse the Agent for all its reasonable and actual costs and expenses incurred in connection with Agent’s services following the Effective Date; provided, however, that the maximum liability of Borrower for reimbursement of Collateral Agent Expenses shall be Fifty Thousand Dollars ($50,000) per annum, calculated from the Effective Date of the Credit Agreement.

  • The Agent Expenses shall be divided among the Sales Agents in amounts proportionate to the aggregate offering amount sold by each Sales Agent under this Agreement, any Terms Agreement and any Master Forward Confirmation after taking into account the amount of Agent Expenses actually paid by each Sales Agent.


More Definitions of Agent Expenses

Agent Expenses has the meaning set forth in Section 9.02.
Agent Expenses has the meaning set forth in Section 1.2.4 of this Agreement.
Agent Expenses means all reasonable and documented out-of-pocket expenses (including the reasonable and documented fees, charges and disbursements of one primary counsel for Agent) incurred by Agent in connection with the syndication of the Credit Extensions or the Commitments; the preparation, negotiation, and administration of the Loan Documents; reasonable and documented Collateral audit fees; and amending, enforcing or defending the Loan Documents (including fees and expenses of appeal), whether incurred before, during and after an Insolvency Proceeding, whether or not suit is brought; provided, that the attorneys’ fees and expenses that constitute Agent Expenses shall in any event be limited to one primary counsel to Agent, one local counsel to Agent in each reasonably necessary jurisdiction, and one specialty counsel to Agent in each reasonably necessary specialty area (including insolvency law).
Agent Expenses means the reasonable fees and expenses incurred after the Petition Date by the legal, accounting, financial, and other advisors to the Agent and Citigroup Global Markets Inc. (formerly known as Salomon Smith Barney Inc.), in its capacity as syndication agent under the Prepetition Credit Facility, including Alvarez & Marsal, Shearman & Sterling LLP, Richards Layton & Finger and other foreign counsel and advisors to the Agent.
Agent Expenses has the meaning set forth in Section 6.2.
Agent Expenses are fees and expenses owing to Agent pursuant to Section 12.3.
Agent Expenses has the meaning given to such term in Section 3.2(a).