Fees and Expenses of Enforcement Sample Clauses

Fees and Expenses of Enforcement. It is the intent of the Company that the Indemnitee not be required to incur the expenses associated with the enforcement of his rights under this Agreement by litigation or other legal action because the cost and expense thereof would substantially detract from the benefits intended to be extended to the Indemnitee hereunder. Accordingly, if it should appear to the Indemnitee that the Company has failed to comply with any of its obligations under this Agreement or in the event that the Company or any other person takes any action to declare this Agreement void or unenforceable, or institutes any action, suit or proceeding to deny, or to recover from, the Indemnitee the benefits intended to be provided to the Indemnitee hereunder, the Company irrevocably authorizes the Indemnitee from time to time to retain counsel of his choice, at the expense of the Company as hereafter provided, to represent the Indemnitee in connection with the initiation or defense of any litigation or other legal action, whether by or against the Company or any director, officer, shareholder, or other person affiliated with the Company, in any jurisdiction. Regardless of the outcome thereof, the Company shall pay and be solely responsible for any and all costs, charges, and expenses, including fees and expenses of attorneys and others, reasonably incurred by the Indemnitee pursuant to this Section 8.
AutoNDA by SimpleDocs
Fees and Expenses of Enforcement. A party in breach of this Agreement shall, on demand, indemnify and hold harmless the other party hereto for and against all reasonable out-of-pocket expenses, including, without limitation, legal fees and expenses, incurred by such other party by reason of the enforcement and protection of its rights under this Agreement. The payment of such expenses is in addition to any other relief to which such other party may be entitled hereunder or otherwise. SECTION 9.15.
Fees and Expenses of Enforcement. In the event that the Company fails to comply with any of its obligations under this Agreement or in the event that the Company or any other person takes any action to declare this Agreement void or unenforceable, or institutes any action, suit or Proceeding to deny or to recover from Indemnitee the benefits intended to be provided to Indemnitee hereunder, and Indemnitee prevails in any Proceeding to enforce Indemnitee's rights hereunder, the Company shall pay and be solely responsible for any and all costs, charges, and expenses, including, without limitation, fees and expenses of attorneys and others, reasonably incurred by Indemnitee in connection therewith.
Fees and Expenses of Enforcement. If action is successfully taken against a Selling Stockholder by the Company (or its officers, managers, directors and each person, if any, who controls the Company within the meaning of Section 15 of the Securities Act or Section 20 of the Securities Exchange Act) or any other Selling Stockholder to enforce the obligations of such Selling Stockholder under the Underwriting Agreement or this letter agreement, such Selling Stockholder will reimburse the persons taking such action for any and all fees and expenses (including, without limitation, the fees and disbursements of counsel) incurred by them in connection therewith. . If action is successfully taken by a Selling Stockholder against the Company to enforce its obligations under the Underwriting Agreement or this letter agreement, the Company will reimburse such without limitation, the fees and disbursements of counsel) incurred by such Selling Stockholder in connection therewith.
Fees and Expenses of Enforcement. A party in breach of this IP Agreement shall, on demand, indemnify and hold harmless the other party hereto for and against all out-of-pocket expenses, including, without limitation, legal fees, incurred by such other party by reason of the enforcement and protection of its rights under this Agreement. The payment of such expenses is in addition to any other relief to which such other party may be entitled hereunder or otherwise. Section 9.14.
Fees and Expenses of Enforcement. Borrower shall pay to Lender, on demand, any expenses or other costs (including, without limitation, reasonable attorneys' fees and disbursements, expert witness fees, and all travel, hotel, telephone, postage, copying, appraisal, inspection, and consulting expenses) incurred by Lender in connection with (a) the enforcement and collection against Borrower or any other party (other than Lender) to any of the Loan Documents of any provision thereof or the indebtedness contemplated hereby, or (b) any actual or threatened litigation, investigation or proceeding relating to the Loan Documents, whether or not suit is instituted, relating to any of the Loan Documents or the indebtedness contemplated thereby, (c) any proceeding or enforcement in any state or federal bankruptcy or reorganization proceeding, and (d) any actual or proposed amendment of the Loan Documents or any of them or modification of the indebtedness contemplated thereby. Notwithstanding the foregoing, Borrower shall be entitled to recover from Lender the reasonable attorneys' fees and costs incurred by Borrower in successfully bringing a claim against Lender or defending a claim brought by Lender, under or in connection with this Agreement or the other Loan Documents.

Related to Fees and Expenses of Enforcement

  • Attorneys’ Fees and Expenses Evidence that the costs and expenses (including reasonable attorneys’ fees) referred to in Section 12.1, to the extent invoiced, shall have been paid in full by Borrower;

  • Certain Fees and Expenses (a) Provided that the Fund is not in material breach of its obligations under this Agreement, if the Merger is not consummated for failure of the condition to Closing contained in Section 7.1(f) to be satisfied and, as a result of such failure, CNLRP is obligated to pay the Company a break-up fee pursuant to the terms of the CNLRP Merger Agreement, the Company shall pay to the Fund as follows: (i) if the Fund has waived the condition to Closing contained in Section 7.1(f) and elected to proceed with the Merger, the Company shall pay to the Fund an amount equal to $8,000,000, multiplied by a fraction, the numerator of which shall be the value of the Merger Consideration and the denominator of which shall be the value of the Aggregate Merger Consideration; and (ii) if the Fund has not waived the condition to Closing contained in Section 7.1(f) and the Merger is not consummated, the Company shall pay to the Fund an amount equal to $5,000,000, multiplied by a fraction, the numerator of which shall be the value of the Merger Consideration and the denominator of which shall be the value of the Aggregate Merger Consideration.

  • Legal Fees and Expenses The parties shall each bear their own expenses, legal fees and other fees incurred in connection with this Agreement.

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