Common use of Legal and Other Costs Clause in Contracts

Legal and Other Costs. In the event that any party defaults in its obligations under this Agreement and, as a result thereof, another party seeks to legally enforce its rights hereunder against the defaulting party, then, in addition to all damages and other remedies to which the non-defaulting party is entitled by reason of such default, the defaulting party shall be liable for and shall promptly pay to the non-defaulting party an amount equal to all costs and expenses (including reasonable attorneys' fees) paid or incurred by the non-defaulting party in connection with such enforcement.

Appears in 4 contracts

Samples: Agreement of Purchase and Sale (Venturi Technologies Inc), Agreement of Purchase and Sale (Venturi Technologies Inc), Agreement of Purchase and Sale (Venturi Technologies Inc)

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Legal and Other Costs. In the event that any party defaults in its obligations under this Agreement and, as a result thereof, another party seeks to legally enforce its rights hereunder against the defaulting party, then, in addition to all damages and other remedies to which the non-defaulting party is entitled by reason of such default, the defaulting party shall be liable for and shall promptly pay to the non-defaulting party an amount equal to all costs and expenses (including reasonable attorneys' fees) paid or incurred by the non-defaulting party in connection with such enforcementenforcement to the extent awarded by arbitration.

Appears in 4 contracts

Samples: Agreement of Purchase and Sale of Assets (Venturi Technologies Inc), Global Agreement for Purchase and Sale (Venturi Technologies Inc), Agreement of Purchase and Sale of Assets (Venturi Technologies Inc)

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Legal and Other Costs. In the event that any party defaults in its obligations under this Agreement and, as a result thereof, another party seeks to legally enforce its rights hereunder against the defaulting party, then, in addition to all damages and other remedies to which the non-defaulting party is entitled by reason of such default, the defaulting party shall be liable for and shall promptly pay to the non-defaulting party an amount equal to all costs and expenses (including reasonable attorneys' fees) paid or incurred by the non-defaulting party in connection with such enforcementenforcement to the extent awarded by arbitration.

Appears in 1 contract

Samples: Agreement of Purchase and Sale of Assets (Daw Technologies Inc /Ut)

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