Common use of Reimbursement of Initial Purchasers’ Expenses Clause in Contracts

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors shall reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 6 contracts

Samples: Purchase Agreement (B&G Foods, Inc.), Purchase Agreement (DT Midstream, Inc.), Purchase Agreement (Platform Specialty Products Corp)

AutoNDA by SimpleDocs

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company Companies for any reason fails fail to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers decline to purchase the Notes for any reason permitted under this Agreement, the Company Companies and the Guarantors shall reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for to the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company Companies and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company Companies and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 6 contracts

Samples: Purchase Agreement (Nationstar Mortgage Holdings Inc.), Purchase Agreement (Nationstar Mortgage Holdings Inc.), Purchase Agreement (Nationstar Mortgage Holdings Inc.)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers shall decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors shall jointly and severally reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 5 contracts

Samples: Purchase Agreement (Halcon Resources Corp), Purchase Agreement (Halcon Resources Corp), Purchase Agreement (Halcon Resources Corp)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company Escrow Issuer for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers decline to purchase the Notes for any reason permitted under this Agreement, the Escrow Issuer, the Company and the Guarantors shall reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Escrow Issuer, the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Escrow Issuer, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 5 contracts

Samples: Purchase Agreement (Platform Specialty Products Corp), Purchase Agreement (Platform Specialty Products Corp), Purchase Agreement (Platform Specialty Products Corp)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers shall decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors shall reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including the reasonable and documented fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 5 contracts

Samples: Purchase Agreement (Jarden Corp), Purchase Agreement (Jarden Corp), Purchase Agreement (Jarden Corp)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company Master Issuer for any reason fails to tender the Offered Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers decline to purchase the Offered Notes for any reason permitted under this Agreement, the Company Master Issuer, the Parent Companies, the Manager and the Guarantors shall jointly and severally reimburse the Initial Purchasers for all reasonable and reasonably documented out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Offered Notes, and upon demand the Company and the Guarantors Xxxxx’s Parties shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 10 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors Wendy’s Parties shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 4 contracts

Samples: Purchase Agreement (Wendy's Co), Purchase Agreement (Wendy's Co), Purchase Agreement (Wendy's Co)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial PurchasersPurchasers by reason of any failure, refusal or inability on the part of the Company or any Guarantor to perform any agreement on their part to be performed, or (b) because any other condition of the Initial Purchasers decline obligations hereunder required to purchase be fulfilled by the Notes for Company or any reason permitted under this AgreementGuarantor is not fulfilled, the Company and the Guarantors shall reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchaserscounsel) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 3 contracts

Samples: Registration Rights Agreement (NRG Energy Inc), Registration Rights Agreement (NRG Energy Inc), Exchange and Registration Rights Agreement (Texas San Macros Treatment Center Lp)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, Purchasers for any reason or (b) the Initial Purchasers shall decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors shall reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchaserscounsel) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 10 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 3 contracts

Samples: Purchase Agreement (Petrohawk Energy Corp), Purchase Agreement (Petrohawk Energy Corp), Purchase Agreement (Petrohawk Energy Corp)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers shall decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors shall reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 3 contracts

Samples: Purchase Agreement (Gentiva Health Services Inc), Purchase Agreement (Gentiva Health Services Inc), Purchase Agreement (Global Geophysical Services Inc)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company Issuer for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers shall decline to purchase the Notes for any reason (other than pursuant to clauses (iii) or (iv) of Section 7(p)) permitted under this Agreement, the Company Issuer and the Guarantors shall reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company Issuer and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company Issuer and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 2 contracts

Samples: Purchase Agreement (Cott Corp /Cn/), Purchase Agreement (Cott Corp /Cn/)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails shall fail to tender the Notes for delivery to the Initial PurchasersPurchasers by reason of any failure, refusal or inability on the part of the Company or any Guarantor to perform any agreement on their part to be performed, or (b) because any other condition of the Initial Purchasers decline obligations hereunder required to purchase be fulfilled by the Notes for Company or any reason permitted under this AgreementGuarantor is not fulfilled, the Company and the Guarantors shall will reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including reasonable fees and disbursements of counsel for the Initial Purchaserscounsel) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 2 contracts

Samples: Corrections Corp of America, Corrections Corp of America

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers shall decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors shall reimburse the Initial Purchasers for all reasonable and documented out-of-pocket expenses (including fees and disbursements of one firm of outside counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 2 contracts

Samples: Registration Rights Agreement (Hillman Companies Inc), Purchase Agreement (Hillman Companies Inc)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company Master Issuer for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers decline to purchase the Notes for any reason permitted under this Agreement, the Company Master Issuer, the Parent Companies, the Manager and the Guarantors shall reimburse the Initial Purchasers for all reasonable and documented out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors Master Issuer shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 10 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors Master Issuer shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 2 contracts

Samples: Purchase Agreement (Dunkin' Brands Group, Inc.), Purchase Agreement (Dunkin' Brands Group, Inc.)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company Issuer for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers shall decline to purchase the Notes for any reason (other than pursuant to clauses (iii) or (iv) of Section 7(q)) permitted under this Agreement, the Company Issuer and the Guarantors shall reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company Issuer and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company Issuer and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 2 contracts

Samples: Joinder Agreement (Cott Corp /Cn/), Purchase Agreement (Cott Corp /Cn/)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Temporary Notes for delivery to the Initial PurchasersPurchaser, or (b) the Initial Purchasers Purchaser shall decline to purchase the Temporary Notes for any reason permitted under this Agreement, the Company and the Guarantors shall reimburse the Initial Purchasers Purchaser for all reasonable and documented out-of-pocket expenses (including fees and disbursements of one firm of outside counsel for the Initial PurchasersPurchaser) incurred by the Initial Purchasers Purchaser in connection with this Agreement and the proposed purchase of the Temporary Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial PurchasersPurchaser. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more the Initial PurchasersPurchaser, the Company and the Guarantors shall not be obligated to reimburse any defaulting the Initial Purchaser on account of those expenses.

Appears in 1 contract

Samples: Purchase Agreement (Hillman Companies Inc)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company Master Issuer for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers decline to purchase the Notes for any reason permitted under this Agreement, the Company Master Issuer, the Parent Companies, the Manager and the Guarantors shall reimburse the Initial Purchasers for all reasonable and documented out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors Master Issuer shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 10 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors Master Issuer shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses. 14.

Appears in 1 contract

Samples: www.sec.gov

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails or the Notes Guarantor fail to tender the Notes Securities for delivery to the Initial PurchasersPurchasers for any reason, or (b) the Initial Purchasers shall decline to purchase the Notes Securities for any reason permitted under this AgreementAgreement (other than pursuant to Section 9), the Company and the Guarantors shall will reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the NotesSecurities, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 1 contract

Samples: Purchase Agreement (Stone Energy Corp)

AutoNDA by SimpleDocs

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, Purchaser for any reason or (b) the Initial Purchasers Purchaser shall decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors shall reimburse the Initial Purchasers Purchaser for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchaserscounsel) incurred by the Initial Purchasers Purchaser in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial PurchasersPurchaser. If this Agreement is terminated pursuant to Section 9 10 by reason of the default of one or more Initial PurchasersPurchaser, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 1 contract

Samples: Purchase Agreement (Petrohawk Energy Corp)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, Purchaser for any reason or (b) the Initial Purchasers Purchaser shall decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors shall reimburse the Initial Purchasers Purchaser for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchaserscounsel) incurred by the Initial Purchasers Purchaser in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial PurchasersPurchaser. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more the Initial PurchasersPurchaser, the Company and the Guarantors shall not be obligated to reimburse any defaulting the Initial Purchaser on account of those expenses.

Appears in 1 contract

Samples: Purchase Agreement (Petrohawk Energy Corp)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company Master Issuer for any reason fails to tender the Offered Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers decline to purchase the Offered Notes for any reason permitted under this Agreement, the Company Xxxx in the Box Parties shall jointly and the Guarantors shall severally reimburse the Initial Purchasers for all reasonable and reasonably documented out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Offered Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and Xxxx in the Guarantors Box Parties shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 1 contract

Samples: Purchase Agreement (Jack in the Box Inc)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors Guarantor shall reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors Guarantor shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors Guarantor shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 1 contract

Samples: Purchase Agreement (RSP Permian, Inc.)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers shall decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors shall reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial PurchasersPurchaser) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial PurchasersPurchaser. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 1 contract

Samples: Purchase Agreement (Lifepoint Hospitals, Inc.)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails and the Guarantors shall fail to tender the Notes Securities for delivery to the Initial Purchasers for reason of any failure, refusal or inability on the part of the Company and the Guarantor to perform any agreement on their part to be performed, or because any other condition of the Initial Purchasers' obligations hereunder required to be fulfilled by the Company and the Guarantor (including, without limitation, with respect to the transactions) is not fulfilled or (b) the Initial Purchasers shall decline to purchase the Notes Securities for any reason permitted under this AgreementAgreement (including the termination of this Agreement pursuant to Section 9), the Company and the Guarantors shall reimburse the Initial Purchasers for all the reasonable fees and expenses of their counsel and for such other out-of-pocket expenses (including reasonable fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers them in connection with this Agreement and the proposed purchase of the NotesSecurities, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.Initial

Appears in 1 contract

Samples: Purchase Agreement (Apogent Technologies Inc)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, Purchasers for any reason or (b) the Initial Purchasers shall decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors shall jointly and severally reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchaserscounsel) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 10 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 1 contract

Samples: Purchase Agreement (Petrohawk Energy Corp)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers shall decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors shall reimburse the Initial Purchasers for all reasonable and documented out-of-pocket expenses (including fees and disbursements of one firm of outside counsel (in addition to any local counsel)) for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 1 contract

Samples: Purchase Agreement (Interline Brands, Inc./De)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails to tender the Notes for delivery to the Initial Purchasers, or (b) the Initial Purchasers decline to purchase the Notes for any reason permitted under this Agreement, the Company and the Guarantors shall reimburse the Initial Purchasers for all reasonable and documented out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchasers) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 1 contract

Samples: Purchase Agreement (Element Solutions Inc)

Reimbursement of Initial Purchasers’ Expenses. If (a) the Company for any reason fails and the Guarantors shall fail to tender the Notes and Guarantees for delivery to the Initial PurchasersPurchasers by reason of any failure, refusal or inability on the part of the Company or any Guarantor to perform any agreement on its part to be performed, or (b) because any other condition of the Initial Purchasers decline obligations hereunder required to purchase be fulfilled by the Notes for Company or any reason permitted under this AgreementGuarantor is not fulfilled, the Company and the Guarantors shall will reimburse the Initial Purchasers for all reasonable out-of-pocket expenses (including fees and disbursements of counsel for the Initial Purchaserscounsel) incurred by the Initial Purchasers in connection with this Agreement and the proposed purchase of the Notes, and upon demand the Company and the Guarantors shall pay the full amount thereof to the Initial Purchasers. If this Agreement is terminated pursuant to Section 9 by reason of the default of one or more Initial Purchasers, the Company and the Guarantors shall not be obligated to reimburse any defaulting Initial Purchaser on account of those expenses.

Appears in 1 contract

Samples: 2012 Purchase Agreement (Trico Marine Services Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.