Common use of Reasonable Costs, Etc Clause in Contracts

Reasonable Costs, Etc. The indemnification, which is set forth in this Article 11., of this Agreement shall be deemed to include not only the specific liabilities or obligation with respect to which such indemnity is provided, but also all counsel fees, reasonable costs, expenses and expenses of settlement relating thereto, whether or not any such liability or obligation shall have been reduced to judgment; provided, however, that, there shall be a Threshold of $50,000 in the aggregate which must be exceeded before TWYA or Speedpal, as the case may be, may recover any damages or costs pursuant this Article 11. Once the Bucket has been exceeded, however, the party seeking indemnity is entitled to recover all damages suffered or costs incurred, and not just those damages suffered or costs incurred in excess of the Threshold.

Reasonable Costs, Etc. The indemnification, which is set forth in this Article 11., of this Agreement shall be deemed to include not only the specific liabilities or obligation with respect to which such indemnity is provided, but also all counsel fees, reasonable costs, expenses and expenses of settlement relating thereto, whether or not any such liability or obligation shall have been reduced to judgment; provided, however, that, there shall be a Threshold of $50,000 in the aggregate which must be exceeded before TWYA MDTC or SpeedpalTechTV, as the case may be, may recover any damages or costs pursuant this Article 11. Once the Bucket has been exceeded, however, the party seeking indemnity is entitled to recover all damages suffered or costs incurred, and not just those damages suffered or costs incurred in excess of the Threshold.

Reasonable Costs, Etc. The indemnification, which is set forth in this Article 11., of this Agreement shall be deemed to include not only the specific liabilities or obligation with respect to which such indemnity is provided, but also all counsel fees, reasonable costs, expenses and expenses of settlement relating thereto, whether or not any such liability or obligation shall have been reduced to judgment; provided, however, that, there shall be a Threshold threshold of $50,000 in the aggregate which must be exceeded before TWYA GSI or Speedpalthe Selling Stockholder, as the case may be, may recover any damages or costs pursuant this Article 11. Once the Bucket Threshold has been exceeded, however, the party seeking indemnity is entitled to recover all damages suffered or costs incurred, and not just those damages suffered or costs incurred in excess of the Threshold.

Reasonable Costs, Etc. The indemnification, which is set forth in this Article 11., of this Agreement shall be deemed to include not only the specific liabilities or obligation with respect to which such indemnity is provided, but also all counsel fees, reasonable costs, expenses and expenses of settlement relating thereto, whether or not any such liability or obligation shall have been reduced to judgment; provided, however, that, there shall be a Threshold threshold of $50,000 in the aggregate which must be exceeded before TWYA GSI or Speedpalthe Selling Stockholders, as the case may be, may recover any damages or costs pursuant this Article 11. Once the Bucket has been exceeded, however, the party seeking indemnity is entitled to recover all damages suffered or costs incurred, and not just those damages suffered or costs incurred in excess of the Threshold.