Administrative Expenses

Administrative Expenses. Shall mean any and all costs, liabilities and expenses (including, without limitation, losses, damages, penalties, claims, actions, attorneys' fees, legal expenses, judgments, suits and disbursements) (a) incurred by Collateral Agent, or imposed upon or asserted against Collateral Agent or any Creditor, in any attempt by Collateral Agent and the Creditors to (i) obtain, preserve, perfect, or enforce any security interest evidenced by this Agreement or any Creditor Document; (ii) obtain payment,... performance or observance of any and all of the Creditor Obligations; or (iii) maintain, insure, audit, collect, preserve, repossess or 2 dispose of any of the Collateral or any other collateral securing the Creditor Obligations, including, without limitation, costs and expenses for appraisals, assessments and audits of Borrower or any such collateral; or (b) incidental or related to (a) above, including, without limitation, interest thereupon from the date incurred, imposed or asserted until paid at the Default Rate. View More

Administrative Expenses. Means costs for administering the Settlement, including without limitation providing notice, maintaining the notice website, receiving and processing claims, analyzing purchase and sales data, and paying taxes and fees associated with maintaining the Escrow Account.