Formation and Licensing Expenses. The Company shall pay for all costs, fees and expenses in connection with the formation and licensing of the Company as an Indiana insurance company. The Current Shareholders shall reimburse the Company for such amounts paid by the Company prior to the date hereof in equal proportion. The Shareholders shall reimburse the Company for such amounts paid by the Company on or after the date hereof in equal proportion.
Appears in 7 contracts
Samples: Shareholders Agreement (CommonWealth REIT), Shareholders Agreement (Hospitality Properties Trust), Shareholders Agreement (Travelcenters of America LLC)
Formation and Licensing Expenses. The Company shall pay for all costs, fees and expenses in connection with the formation and licensing of the Company as an Indiana insurance company. The Current Original Shareholders shall reimburse the Company for such amounts paid by the Company prior to the date hereof in equal proportion. The Shareholders shall reimburse the Company for such amounts paid by the Company on or after the date hereof in equal proportion.
Appears in 6 contracts
Samples: Shareholders Agreement (Hospitality Properties Trust), Shareholders Agreement (Travelcenters of America LLC), Shareholders Agreement (HRPT Properties Trust)
Formation and Licensing Expenses. The Company shall pay for all costs, fees and expenses in connection with the formation and licensing of the Company as an Indiana insurance company. The Current Shareholders shall reimburse the Company for such amounts paid by the Company prior to the date hereof in equal proportion. The Shareholders shall reimburse the Company for such amounts paid by the Company on or after the date hereof in equal proportion.
Appears in 5 contracts
Samples: Shareholders Agreement (Senior Housing Properties Trust), Shareholders Agreement (Hospitality Properties Trust), Shareholders Agreement (Five Star Quality Care Inc)
