Common use of Legal and Other Costs Clause in Contracts

Legal and Other Costs. 17.1 In the event that any party defaults (the "Defaulting Party") in his, her or its obligations under this Agreement and, as a result thereof, the other party (the "Non-Defaulting Party") seeks to legally enforce his, her or 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 promptly pay to the Non- Defaulting Party an amount equal to all costs and expenses (including reasonable attorneys' fees and costs) paid or incurred by the Non-Defaulting Party in connection with such enforcement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Amcon Distributing Co)

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Legal and Other Costs. 17.1 a) In the event that any party defaults (the "Defaulting Party") in his, her his or its obligations under this Agreement (which shall specifically exclude a Funding Default under Section 6.10(ii)) and, as a result thereof, the other party (the "Non-Defaulting Party") seeks to legally enforce his, her his or 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 promptly pay to the Non- Non-Defaulting Party an amount equal to all costs and expenses (including reasonable attorneys' fees and costsfees) paid or incurred by the Non-Defaulting Party in connection with such enforcement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Genmar Holdings Inc)

Legal and Other Costs. 17.1 18.1 In the event that any party defaults (the "Defaulting Party") defaults in his, her his or its obligations under this Agreement and, as a result thereof, the other party (the "Non-Defaulting Party") seeks to legally enforce his, her his or 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 promptly pay to the Non- Non-Defaulting Party an amount equal to all costs and expenses (including reasonable attorneys' fees and costsfees) paid or incurred by the Non-Defaulting Party in connection with such enforcement.

Appears in 1 contract

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

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Legal and Other Costs. 17.1 In the event that any party defaults (the "Defaulting Party") in his, her or its obligations under this Agreement and, as a result thereof, the other party (the "Non-Defaulting Party") seeks to legally enforce his, her or 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 promptly pay to the Non- Non-Defaulting Party an amount equal to all costs and expenses (including reasonable attorneys' fees and costs) paid or incurred by the Non-Defaulting Party in connection with such enforcement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Amcon Distributing Co)

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