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Costs and Expenses of Administration
Costs and Expenses of Administration contract clause examples

Costs and Expenses. The [[Organization A:Organization]] hereby reaffirms its agreement under the Loan Agreement to pay or reimburse the [[Organization B:Organization]] on demand for all reasonable costs and expenses incurred by the [[Organization B:Organization]] in connection with the Loan Documents, including without limitation all reasonable fees and disbursements of legal counsel. Without limiting the generality of the foregoing, the [[Organization A:Organization]] specifically agrees to pay all reasonable fees and disbursements of counsel to the [[Organization B:Organization]] for the services performed by such counsel in connection with the preparation of this Amendment and the documents and instruments incidental hereto.

Costs and Expenses. The Borrower hereby reaffirms its agreement under the Loan Agreement to pay or reimburse the Lender on demand for all reasonable costs and expenses incurred by the Lender in connection with the Loan Documents, including without limitation all reasonable fees and disbursements of legal counsel. Without limiting the generality of the foregoing, the Borrower specifically agrees to pay all reasonable fees and disbursements of counsel to the Lender for the services performed by such counsel in connection with the preparation of this Amendment and the documents and instruments incidental hereto.

Costs and Expenses. The Borrower hereby reaffirms its agreement under the Loan Agreement to pay or reimburse the Lender on demand for all reasonable costs and expenses incurred by the Lender in connection with the Loan Documents, including without limitation all reasonable fees and disbursements of legal counsel. Without limiting the generality of the foregoing, the Borrower specifically agrees to pay all reasonable fees and disbursements of counsel to the Lender for the services performed by such counsel in connection with the preparation of this Amendment and the documents and instruments incidental hereto.

Section # Expenses. The [[Organization A:Organization]] agrees to pay promptly following receipt of written invoices describing in reasonable detail # the reasonable fees, expenses and disbursements of the [[Organization B:Organization]]’s external counsel incurred in connection with the administration or interpretation of the Loan Documents and other instruments mentioned herein, the negotiation of this Agreement and the closing hereunder, and amendments, modifications, approvals, consents or waivers hereto or hereunder, # the reasonable fees, expenses and disbursements of the [[Organization B:Organization]] in connection with the administration or interpretation of the Loan Documents and other instruments mentioned herein, and # all reasonable out of pocket expenses including reasonable external attorneys’ fees and costs incurred by the [[Organization B:Organization]] (provided that the [[Organization A:Organization]] shall only be responsible for the reasonable fees and expenses of one counsel engaged to represent all such Parties taken as a whole, unless any actual or potential conflict of interest between such Parties makes it inappropriate for one counsel to represent all such Parties, in which event the [[Organization A:Organization]] shall be responsible for the reasonable fees and expenses of one additional counsel for each group of affected Parties similarly situated taken as a whole) in connection with # the enforcement of or preservation of rights under any of the Loan Documents or the [[Organization C:Organization]] Guarantee against the [[Organization A:Organization]] or [[Organization C:Organization]], as applicable, or the administration thereof after the occurrence of a Default, # defending against any action brought by the [[Organization A:Organization]] or its affiliates against the [[Organization B:Organization]] arising under or relating to any of the Loan Documents or the application of the [[Organization C:Organization]] Guarantee with respect thereto unless the [[Organization A:Organization]] or its affiliates are the prevailing party in such action, and # any litigation, proceeding or dispute brought by the [[Organization B:Organization]] against the [[Organization A:Organization]] or [[Organization C:Organization]] (whether arising hereunder or otherwise in connection with the transactions contemplated hereby) in which the [[Organization B:Organization]] is the prevailing party (but without derogation to the provisions of Section 9.04). The covenants of this Section 9.03 shall survive payment or satisfaction of payments of amounts owing with respect to the Note as may be issued hereunder.

SECTION # Costs, Expenses, Etc. # The [[Organization A:Organization]] agrees to pay on demand all reasonable out-of-pocket costs and expenses of the [[Organization B:Organization]] in connection with the preparation, execution, delivery, administration, modification and amendment of this Agreement, the Notes and the other documents to be delivered hereunder, including, without limitation, the reasonable fees and out-of-pocket expenses of not more than one counsel for the [[Organization B:Organization]], with respect thereto and with respect to advising the [[Organization B:Organization]] as to its rights and responsibilities under this Agreement. The [[Organization A:Organization]] further agrees to pay on demand all costs and expenses of the [[Organization B:Organization]] and the [[Organization C:Organization]], if any (including, without limitation, reasonable counsel fees and expenses), in connection with the enforcement (whether through negotiations, legal proceedings or otherwise) of this Agreement, the Notes and the other documents to be delivered hereunder, including, without limitation, reasonable counsel fees and expenses in connection with the enforcement of rights under this Section 8.04(a).

The Borrower agrees to pay on demand all reasonable costs and out-of-pocket expenses of or incurred by the [[Organization A:Organization]] in connection with the negotiation, preparation, execution and delivery of this Second Amendment, including the reasonable fees and out-of-pocket expenses of counsel for the [[Organization A:Organization]].

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