Common use of Expenses of the Selling Shareholders Clause in Contracts

Expenses of the Selling Shareholders. The Selling Shareholders, severally and not jointly and severally, will pay all expenses incident to the performance of their respective obligations under, and the consummation of the transactions contemplated by this Agreement, including (1) any stamp duties, capital duties and stock transfer taxes, if any, payable upon the sale of the Securities to the Underwriters and (2) the fees and disbursements of their respective counsel and other advisors. It being understood, however, that the Company should bear, and the Selling Shareholders shall not be required to pay or to reimburse the Company for, the fees and expenses of Weil, Gotshal & Manges LLP in connection with the transactions contemplated by this Axxxxxxnt or the cost of any other matters not directly relating to the sale and purchase of the Securities by the Selling Shareholders pursuant to this Agreement.

Appears in 3 contracts

Samples: Purchase Agreement (Altra Holdings, Inc.), Purchase Agreement (Altra Holdings, Inc.), Altra Holdings, Inc.

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Expenses of the Selling Shareholders. The Selling Shareholders, severally and not jointly and severally, will pay all expenses incident to the performance of their respective obligations under, and the consummation of the transactions contemplated by this Agreement, including (1i) any stamp duties, capital duties and stock transfer taxes, if any, payable upon the sale of the Securities to the Underwriters Underwriters, and (2ii) the fees and disbursements of their respective counsel and other advisors. [It being understood, however, that the Company should bear, and the Selling Shareholders shall not be required to pay or to reimburse the Company for, the fees and expenses of Weil, Gotshal & Manges Xxxxxx LLP in connection with the transactions contemplated by this Axxxxxxnt Agreement or the cost of any other matters not directly relating to the sale and purchase of the Securities by the Selling Shareholders pursuant to this Agreement.]

Appears in 1 contract

Samples: Purchase Agreement (Altra Holdings, Inc.)

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