Fees and Expenses of the Escrow Agent. 10.1 The Purchaser and the Designated Vendors, in proportion to the number of Escrowed Shares deposited by each Designated Vendor (or one Designated Vendor if the claims relate only to said Designated Vendor) shall each pay fifty percent (50%) of the fees of the Escrow Agent for the Escrow Agent's services hereunder (as set out in Exhibit B) for the first year of this Agreement which shall be paid at the same time as the Escrowed Shares and the Escrowed Amount shall be deposited herein with the Escrow Agent. All expenses and disbursements incurred in carrying out the Escrow Agent's duties hereunder or under the indemnity provided in Section 8 (such latter expenses shall be advanced to Escrow Agent, upon request) and, in the case the Escrow is extended beyond one year and one business day, the fees of the Escrow Agent for the Escrow Agent's services hereunder shall be paid as to fifty percent (50%) by the Purchaser and as to 50% by the Designated Vendors in proportionto the number of Escrowed Shares then deposited by each Designated Vendor indicated in the attached schedule (or one Designated Vendor if the claims relate only to said Designated Vendor). In the case of a dispute between the Indemnitee and the Designated Vendors (or one Designated Vendor, if the claims relate to only one Designated Vendor), the Escrow Agent may retain such independent counsel or other advisors as it may reasonably require for the purpose of discharging or determining its duties, obligations or rights hereunder, and may act and rely upon the advice or opinion so obtained and fifty percent (50%) of the reasonable fees, expenses or disbursements of any such counsel shall be paid by the Designated Vendors (or one Designated Vendor, if the claims relate to only one Designated Vendor) and the remaining fifty percent (50%) of such fees, expenses or disbursements of any such counsel shall be paid by the Purchaser. This section shall survive termination of this Escrow Agreement.
Fees and Expenses of the Escrow Agent. All fees of the Escrow Agent for its services hereunder, together with any expenses reasonably incurred by the Escrow Agent in connection with this Agreement, shall be paid by the Company. All fees of the Escrow Agent in connection herewith shall be due upon receipt of an invoice from the Escrow Agent delivered to the Company.
Fees and Expenses of the Escrow Agent. The fees and the expenses of the Escrow Agent for its services hereunder shall be paid by Parent in accordance with Schedule 3. The provisions of this Section 8 shall survive any termination of this Agreement and removal or resignation of the Escrow Agent.
Fees and Expenses of the Escrow Agent. All fees of the Escrow Agent for its services hereunder, together with any expenses reasonably incurred by the Escrow Agent in connection with this Agreement, shall be paid one- half by Purchaser, on the one hand, and one-half by the Holders collectively, on the other.
Fees and Expenses of the Escrow Agent. All fees of the Escrow Agent for its services hereunder, together with any expenses reasonably incurred by the Escrow Agent in connection with this Agreement, shall be shared equally by Buyer on the one hand and the Holders on the other. The fees to be paid by the Holders shall be deducted from the Escrow Deposit.
Fees and Expenses of the Escrow Agent. Parent shall pay all of the Escrow Agent’s out-of-pocket administrative fees, costs and expenses in connection with its services as the Escrow Agent hereunder.
Fees and Expenses of the Escrow Agent. Parent agrees to pay to the Escrow Agent reasonable compensation for all of the services rendered by it under this Agreement and will reimburse the Escrow Agent for all reasonable expenses and disbursements, including the cost and expense of any suit or litigation of any character and any proceedings before any governmental agency reasonably incurred by the Escrow Agent in connection with its rights and duties under this Agreement and the Merger Agreement; provided that Parent shall have no obligation to reimburse the Escrow Agent for any expenses or disbursements paid, incurred or suffered by the Escrow Agent in any suit or litigation in which the Escrow Agent is determined to have acted fraudulently, in bad faith or with negligence or wilful misconduct.
Fees and Expenses of the Escrow Agent. The Pledgee and Pledgor agree, jointly and severally, to (i) pay the Escrow Agent Two Thousand Five Hundred Dollars ($2,500) upon execution of this Escrow Agreement; and (ii) reimburse the Escrow Agent for all necessary expenses, disbursements and advances (including reasonable attorneys' fees) incurred or made by it in connection with carrying out its duties hereunder. The liability of the Pledgee and Pledgor under this Section 6 shall be joint and several.
Fees and Expenses of the Escrow Agent. 724 agrees to pay to the Escrow Agent the Escrow Agent's reasonable fees and expenses, including attorneys fees, travel expenses, postal and delivery charges, and all other out-of-pocket expenses, in accepting and performing its appointment as escrow agent hereunder (collectively, the "ESCROW AGENT EXPENSES").
Fees and Expenses of the Escrow Agent. LP hereby agrees to pay the Escrow Agent's reasonable fees and expenses, including attorneys fees, travel expenses, postal and delivery charges, and all other out-of-pocket expenses incurred, in accepting and performing its appointment as Escrow Agent hereunder (collectively, the "Escrow Agent Expenses").
