Template:GMRA 2000 10(f)

Revision as of 15:28, 30 November 2018 by Amwelladmin (talk | contribs) (Created page with "{{gmraprov|10(f)}} The {{gmraprov|Defaulting Party}} shall be liable to the {{gmraprov|non-Defaulting Party}} for the amount of all reasonable legal and other professional exp...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

10(f) The Defaulting Party shall be liable to the non-Defaulting Party for the amount of all reasonable legal and other professional expenses incurred by the non-Defaulting Party in connection with or as a consequence of an Event of Default, together with interest thereon at LIBOR or, in the case of an expense attributable to a particular Transaction, the Pricing Rate for the relevant Transaction if that Pricing Rate is greater than LIBOR.