Common use of Taxes, Costs and Expenses Clause in Contracts

Taxes, Costs and Expenses. The Company covenants and agrees that it will pay when due and payable any and all United Kingdom, English, Welsh, federal, state and local taxes (other than income taxes) and any other costs and expenses (including any and all transfer, stamp or similar taxes) which may be payable in respect of the preparation, issuance, delivery, exercise, or surrender of this Warrant pursuant to the terms of this Warrant or the issuance of any shares of Warrant Shares as a result thereof. If any suit or action is instituted or attorneys employed to enforce this Warrant or any part thereof, the Company promises and agrees to pay all costs and expenses associated therewith, including reasonable attorneys’ fees and court costs.