Bank Expenses definition
Examples of Bank Expenses in a sentence
Bank shall, at its option, charge such interest, all Bank Expenses, all Periodic Payments and all other fees, expenses and other amounts owing by Borrower to Bank hereunder against any of Borrower’s deposit accounts or against the Revolving Line as a Revolving Advance (in which case those amounts shall thereafter accrue interest at the rate then applicable hereunder).
Any amounts so paid or deposited by Bank shall constitute Bank Expenses, shall be immediately due and payable, and shall bear interest at the then applicable rate hereinabove provided, and shall be secured by the Collateral.
On the Closing Date, all Bank Expenses incurred through the Closing Date, and, after the Closing Date, all Bank Expenses, as and when they are incurred by Bank.