Common use of Future Costs Clause in Contracts

Future Costs. Company shall pay to City or to third parties, at the direction of City, an amount equal to the reasonable costs and expenses which City incurs for the services of third parties (including but not limited to attorneys and other consultants) in connection with any renewal or Company-initiated renegotiation, transfer, amendment or other modification of this Agreement or the franchise, provided, however, that in the case of renewal only, the parties shall agree upon a reasonable financial cap at the outset of negotiations. However, in the event City brings any action for termination or for enforcement of this Agreement against Company and Company finally prevails, then Company shall have no obligation to reimburse City or pay any sums directly to third parties, at the direction of City, pursuant to this Section with respect to such termination or enforcement. In the event Company contests the charges, it shall pay any uncontested amounts. City shall review the contested charges and the services rendered and shall reasonably determine whether such charges are reasonable for the services rendered. Company expressly agrees that the payments made pursuant to this Section 7.2 are in addition to and not in lieu of, and shall not be offset against, the compensation to be paid to City by Company pursuant to Section 7.1 hereof.