Common use of EACH PARTY TO BEAR COSTS Clause in Contracts

EACH PARTY TO BEAR COSTS. Each of the parties to this Agreement shall pay all of the costs and expenses incurred by such party in connection with the transactions contemplated by this Agreement, whether or not such transactions are consummated. Without limiting the generality of the foregoing and whether or not such liabilities may be deemed to have been incurred in the ordinary course of business, PRG Sub and PRG shall not be liable to or required to pay, either directly or indirectly, any (a) fees and expenses of legal counsel, accountants, auditors or other persons or entities retained by Seller or the Shareholder for services rendered in connection with n e gotiating and closing the transactions contemplated by this Agreement or the documents to be executed in connection herewith, whether or not such costs or expenses are incurred before or after the Closing Date, and (b) local, state and federal income taxes or other similar charges on income or gain incurred by Seller or the Shareholder as a result of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Physicians Resource Group Inc), Asset Purchase Agreement (Physicians Resource Group Inc)

AutoNDA by SimpleDocs

EACH PARTY TO BEAR COSTS. Each of the parties to this Agreement shall pay all of the costs and expenses incurred by such party in connection with the transactions contemplated by this Agreement, whether or not such transactions are consummated. Without limiting the generality of the foregoing and whether or not such liabilities may be deemed to have been incurred in the ordinary course of business, PRG Sub and PRG shall not be liable to or required to pay, either directly or indirectly, any (a) fees and expenses of legal counsel, accountants, auditors or other persons or entities retained by Seller or the Shareholder Shareholders for services rendered in connection with n e gotiating and closing the transactions contemplated by this Agreement or the documents to be executed in connection herewith, whether or not such costs or expenses are incurred before or after the Closing Date, and (b) local, state and federal income taxes or other similar charges on income or gain incurred by Seller or the Shareholder Shareholders as a result of the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Physicians Resource Group Inc)

AutoNDA by SimpleDocs

EACH PARTY TO BEAR COSTS. Each of the parties to this Agreement shall pay all of the costs and expenses incurred by such party in connection with the transactions contemplated by this Agreement, whether or not such transactions are consummated. Without limiting the generality of the foregoing and whether or not such liabilities may be deemed to have been incurred in the ordinary course of business, PRG Sub and PRG shall not be liable to or required to pay, either directly or indirectly, any (a) fees and expenses of legal counsel, accountants, auditors or other persons or entities retained by Seller Company, the Clinic or the Shareholder Shareholders for services rendered in connection with n e gotiating negotiating and closing the transactions contemplated by this Agreement or the documents to be executed in connection herewith, whether or not such costs or expenses are incurred before or after the Closing Date, and (b) local, state and federal income taxes or other similar charges on income or gain incurred by Seller Company, the C l i nic or the Shareholder Shareholders as a result of the transactions contemplated hereby.

Appears in 1 contract

Samples: Share Exchange Agreement (Physicians Resource Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.