9Costs Clause Samples
The 'Costs' clause defines how expenses related to the agreement will be allocated between the parties. Typically, it specifies which party is responsible for paying legal fees, administrative costs, or other charges incurred during the execution or enforcement of the contract. For example, it may state that each party bears its own costs, or that one party will reimburse the other for specific expenses. This clause ensures clarity and prevents disputes by explicitly outlining financial responsibilities associated with the contract.
9Costs. Except as otherwise set out in this agreement, each Council must pay its own costs and expenses, including legal costs and expenses, in relation to preparing, negotiating, executing and completing this agreement and any document related to this agreement.
9Costs. All fees, charges, costs and expenses of any nature whatsoever incurred at any time and from time to time (whether before or after a Default) by ▇▇▇▇▇▇ in making, funding, administering or modifying the Loan, in negotiating or entering into any “workout” of the Loan, or in exercising or enforcing any rights, powers and remedies provided in the Loan Documents, including reasonable attorneys’ fees, court costs, receiver’s fees, management fees and costs incurred in the repair, maintenance and operation of, or taking possession of, or selling, the Properties.
9Costs. A party will bear its own costs in relation to the negotiation, preparation and execution of this document and any further document required.