Common use of Costs and Expense Clause in Contracts

Costs and Expense. The Borrower shall: (a) whether or not the transactions contemplated hereby are consummated, pay or reimburse any Agent-Related Person(s), promptly upon demand by such Person, for all reasonable and reasonably documented out-of-pocket fees, costs and expenses (including Attorney Costs) incurred by or charged to any such Person in connection with the preparation, execution, delivery, negotiation and syndication of the Financing Documents, (b) pay or reimburse any Agent, promptly upon demand by such Agent, for all reasonable and reasonably documented out-of-pocket fees, costs and expenses (including reasonable Attorney Costs) incurred by or charged to any such Agent in connection with the modification, administration, waiver or amendment (in each case, whether or not consummated) of the Financing Documents (including in connection with any potential restructuring, renegotiations or workouts), and (c) pay or reimburse each Agent-Related Person and each Lender, promptly upon demand by any such Person, for all reasonably documented out-of-pocket fees, costs and expenses (including Attorney Costs) incurred by them in connection with: (i) the enforcement or preservation of any rights or remedies under any Financing Document and (ii) the protection or preservation of any right or claim of any such Person against the Credit Parties or any of their Affiliates arising out of any Financing Document.

Appears in 3 contracts

Sources: Credit Agreement (Axtel Sab De Cv), Credit Agreement (Axtel Sab De Cv), Credit Agreement (Axtel Sab De Cv)

Costs and Expense. The Borrower shall: (a) whether or not the transactions contemplated hereby are consummated, pay or reimburse any Agent-Related Person(s), promptly upon demand by such Person, for all reasonable and reasonably documented out-of-pocket fees, costs and expenses (including Attorney Costs) incurred by or charged to any such Person in connection with the preparation, execution, delivery, negotiation and syndication of the Financing Documents, (b) pay or reimburse any the Administrative Agent, promptly upon demand by such the Administrative Agent, for all reasonable and reasonably documented out-of-pocket fees, costs and expenses (including reasonable Attorney Costs) incurred by or charged to any such the Administrative Agent in connection with the modification, administration, waiver or amendment (in each case, whether or not consummated) of the Financing Documents (including in connection with any potential restructuring, renegotiations or workouts), and (c) pay or reimburse each Agent-Related Person and each Lender, promptly upon demand by any such Person, for all reasonably documented out-of-pocket fees, costs and expenses (including Attorney Costs) incurred by them in connection with: (i) the enforcement or preservation of any rights or remedies under any Financing Document and (ii) the protection or preservation of any right or claim of any such Person against the Credit Parties or any of their Affiliates arising out of any Financing Document.

Appears in 1 contract

Sources: Bridge Credit Agreement (Axtel Sab De Cv)