Common use of Monies expended Clause in Contracts

Monies expended. The Chargor shall pay to the Lender on demand any monies which are expended by the Lender in exercising its powers under this Clause 6 together with interest at the Default Rate from the date on which those monies were expended by the Lender (both before and after judgment).

Appears in 6 contracts

Sources: Debenture (Borqs Technologies, Inc.), Debenture (Borqs Technologies, Inc.), Debenture (Borqs Technologies, Inc.)