Fees of Agents. The Lessee will pay all continuing fees and expenses of the Agents in connection with the transactions contemplated by the Operative Documents, other than the initial fees of such Agents due and payable on the Initial Closing Date and included in Transaction Expenses. If the Owner Participant fails to pay such initial fees when due, the Lessee shall be obligated to pay such fees and shall be entitled to recover any such payment from the Owner Participant.
Appears in 2 contracts
Sources: Participation Agreement (Zenith Electronics Corp), Participation Agreement (Zenith Electronics Corp)