Common use of Extraordinary Expense Clause in Contracts

Extraordinary Expense. (a) It is understood that fees and usual charges agreed upon for the Escrow Agent’s services shall be considered compensation for its services as contemplated by this Agreement, and if the Escrow Agent renders any service not provided for in this Agreement, or if there is any assignment of any interest in the subject matter of this Agreement by the Company, or if there is any modification of this Agreement, or if any controversy arises under this Agreement, or if the Escrow Agent is made a party to any litigation pertaining to this Agreement or the subject matter of this Agreement, then the Escrow Agent shall be reasonably compensated for those extraordinary services and shall be reimbursed for all costs and expenses occasioned by such services, controversy or litigation and the Company hereby promises to pay such sums upon demand.

Appears in 3 contracts

Samples: Escrow Agreement (Us Dry Cleaning Corp), Escrow Agreement (Us Dry Cleaning Corp), Escrow Agreement (Gold Run Inc.)

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Extraordinary Expense. (a) It is understood that fees and usual charges agreed upon for the Escrow Agent’s 's services shall be considered compensation for its services as contemplated by this Agreement, and if the Escrow Agent renders any service not provided for in this Agreement, or if there is any assignment of any interest in the subject matter of this Agreement by the Company, or if there is any modification of this Agreement, or if any controversy arises under this Agreement, Escrow Agreement or if the Escrow Agent is made a party to any litigation pertaining to this Agreement or the subject matter of this Agreement, then the Escrow Agent shall be reasonably compensated for those extraordinary services and shall be reimbursed for all reasonable and customary costs and expenses occasioned by such services, controversy or litigation and the Company hereby promises to pay such sums upon demand.

Appears in 2 contracts

Samples: Subscription Escrow Agreement (INX LTD), Subscription Escrow Agreement (INX LTD)

Extraordinary Expense. (a) It is understood that fees and usual charges agreed upon for the Escrow Agent’s 's services shall be considered compensation for its services as contemplated by this Agreement, and if the Escrow Agent renders rendered any service not provided for in this Agreement, or if there is any assignment of any interest in the subject matter of this Agreement by the Company, Company or if there is any modification of this Agreement, or if any controversy arises under this Agreement, Escrow Agreement or if the Escrow Agent is made a party to any litigation pertaining to this Agreement or the subject matter of this Agreement, then the Escrow Agent shall be reasonably compensated for those extraordinary services and shall be reimbursed for all costs and expenses occasioned by such services, controversy or litigation and the Company hereby promises to pay such sums upon demand.

Appears in 2 contracts

Samples: Escrow Agreement (R Tec Technologies Inc), Escrow Agreement (R Tec Technologies Inc)

Extraordinary Expense. (a) It is understood that fees and usual charges agreed upon for the Escrow Agent’s 's services shall be considered compensation for its services as contemplated by this Agreement, and if the Escrow Agent renders any service not provided for in this Agreement, or if there is any assignment of any interest in the subject matter of this Agreement by the Company, Company or if there is the Sales Agent or any modification of this Agreement, or if any controversy arises under this Agreement, Escrow Agreement or if the Escrow Agent is made a party to any litigation pertaining to this Agreement or the subject matter of this Agreement, then the Escrow Agent shall be reasonably compensated for those extraordinary services and shall be reimbursed for all costs and expenses occasioned by such services, controversy or litigation and the Company hereby promises to pay such sums upon demand.

Appears in 1 contract

Samples: Escrow Agreement (Dividend Capital Total Realty Trust Inc.)

Extraordinary Expense. (a) It is understood that fees and usual charges agreed upon for the Escrow Agent’s services shall be considered compensation for its services as contemplated by this Agreement, and if the Escrow Agent renders any service not provided for in this Agreement, or if there is any assignment of any interest in the subject matter of this Agreement by the Company, Company or if there is the Sales Agent or any modification of this Agreement, or if any controversy arises under this Agreement, Escrow Agreement or if the Escrow Agent is made a party to any litigation pertaining to this Agreement or the subject matter of this Agreement, then the Escrow Agent shall be reasonably compensated for those extraordinary services and shall be reimbursed for all costs and expenses occasioned by such services, controversy or litigation and the Company hereby promises to pay such sums upon demand.

Appears in 1 contract

Samples: Escrow Agreement (Gold Run Inc.)

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Extraordinary Expense. (a) It is understood that fees and usual charges agreed upon for the Escrow Agent’s services shall be considered compensation for its services as contemplated by this Agreement, and if the Escrow Agent renders any service not provided for in this Agreement, or if there is any assignment of any interest in the subject matter of this Agreement by the Company, Placement Agent or if there is the Company or any modification of this Agreement, or if any controversy arises under this Agreement, Escrow Agreement or if the Escrow Agent is made a party to any litigation pertaining to this Agreement or the subject matter of this Agreement, then the Escrow Agent shall be reasonably compensated for those extraordinary services and shall be reimbursed for all reasonable costs and expenses occasioned by such services, controversy or litigation and the Company hereby promises to pay such sums upon demand.

Appears in 1 contract

Samples: Subscription Escrow Agreement (International Stem Cell CORP)

Extraordinary Expense. (a) It is understood that fees and usual charges agreed upon for the Escrow Agent’s services shall be considered compensation for its services as contemplated by this Agreement, and if the Escrow Agent renders any service not provided for in this Agreement, or if there is any assignment of any interest in the subject matter of this Agreement by the Company, Company or if there is the Sales Agent or any modification of this Agreement, or if any controversy arises under this Agreement, Escrow Agreement or if the Escrow Agent is made a party to any litigation pertaining to this Agreement or the subject matter of this Agreement, then the Escrow Agent shall be reasonably compensated for those extraordinary services and shall be reimbursed for all reasonable costs and expenses occasioned by such services, controversy or litigation and the Company hereby promises to pay such sums upon demand.

Appears in 1 contract

Samples: Escrow Agreement (Industrial Income Trust Inc.)

Extraordinary Expense. (a) It is understood that fees and usual charges agreed upon for the Escrow Agent’s services shall be considered compensation for its services as contemplated by this Agreement, and if the Escrow Agent renders any service not provided for in this Agreement, or if there is any assignment of any interest in the subject matter of this Agreement by the Company, Company or if there is the Placement Agent or any modification of this Agreement, or if any controversy arises under this Agreement, Escrow Agreement or if the Escrow Agent is made a party to any litigation pertaining to this Agreement or the subject matter of this Agreement, then the Escrow Agent shall be reasonably compensated for those extraordinary services and shall be reimbursed for all reasonable costs and expenses occasioned by such services, controversy or litigation and the Company hereby promises to pay such sums upon demand.

Appears in 1 contract

Samples: Escrow Agreement (Aastrom Biosciences Inc)

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