Common use of Collateral Agent’s Fees and Expenses Clause in Contracts

Collateral Agent’s Fees and Expenses. By its execution of this Agreement, Borrower agrees to, and shall, pay the Collateral Agent the agency fees set forth in the schedule of fees executed by Borrower and the Collateral Agent. The Borrower agrees to reimburse the Collateral Agent for reasonable costs and expenses (including the reasonable fees, expenses and disbursements of counsel to the Collateral Agent) incurred by the Collateral Agent including, but not limited to, those costs and expenses incurred in connection with: (i) the consummation of the transactions contemplated by this Agreement and the Security Documents and (ii) the negotiation and preparation of this Agreement and all other documents, instruments and certificates executed in connection therewith.

Appears in 2 contracts

Sources: Intercreditor and Collateral Agency Agreement (Spartech Corp), Intercreditor and Collateral Agency Agreement (Spartech Corp)