Assumption of Expenses. 7.1 Upon completion of Party A’s capital increase, the expenses incurred in connection with Party A’s capital increase shall be borne by Party A after verification by the Parties.
7.2 If Party A fails to complete capital increase for whatever reason, then the expenses incurred in connection with Party A’s capital increase shall be borne by Party C after verification by the Parties.
Assumption of Expenses. If Investor 1 completes the Closing, or Investor 1 fails to complete the Closing for any reason attributable to any Guarantor, the Target Company shall bear the expenses of Investor 1’s external audit and lawyers for business due diligence and evaluation, legal due diligence and drafting of investment documents and other activities for the purpose of the transactions hereunder, provided that the Target Company shall bear the expenses of Investor 1 in aggregate not exceeding three hundred thousand Chinese yuan (RMB300, 000) in accordance with this provision, In addition, each Party shall bear its own costs and expenses incurred in connection with the transactions hereunder.
Assumption of Expenses. All expenses (including but not limited to expenses for ownership, management. disposal. registration, notarization, insurance, transportation, warehousing. custody, valuation, repairing, maintenance, auctioning, and transfer of ownership, etc.) related to this Contract and the pledged rights (and the property under it) shall be assumed by Party A unless otherwise agreed by both parties.
Assumption of Expenses. Purchasers shall defray the expenses listed on Schedule 5.2 hereof of Xxxx & Company, P.A., Xxxxxxxxx Xxxxxxxxxx & Beilly LLP, Xxxxxx Xxxxx and Xxxxxxxxx, Xxxxx & Company, P.A. in connection with the preparation and completion of EVLO’s 2005 audit and the filing of EVLO’s Form 10-KSB Annual Report. In addition, at the time of Closing, Purchasers shall reimburse Diversifax for expenses incurred and paid by Diversifax in the amount of $53,339.
Assumption of Expenses. The Fund shall assume and pay all charges and expenses of its operations not specifically assumed or otherwise to be provided by the Servicing Agent under this Agreement.
Assumption of Expenses. Unless otherwise agreed by the parties, attorney, insurance, evaluation, registration, keeping, appraisal, notarization fees and other expenses with respect to this Contract and the guarantee hereunder shall be borne by Party A. All expenses incurred by Party B to realize its rights as a creditor (including but not limited to litigation, arbitration, property preservation, traveling, execution, evaluation, auction, notarization, serving, public announcement and attorney fees, etc.) shall be borne by Party A.
Assumption of Expenses. 8.1 If this Agreement involves the purchase of an accident insurance by Party B, with Party A as the primary beneficiary, the relevant insurance costs shall be borne according to the following options (checking “√” in “☐” indicates that the provisions of this article apply). Please check “√” in “☐”: ☐ Borne by Party X. ☐ Jointly borne by both Party A and Party B according to the following proportions: / % borne by Party A , and / % by Party B.
8.2 If this Agreement involves the enforcement of notarization fees (other than fees for the application for the issuance of a certificate of enforcement), the expenses will be borne in the following method (checking “√” in “☐” indicates that the provisions of this article apply). Please check “√” in “☐”: ☐ Borne by Party X. ☐ Jointly borne by both Party A and Party B according to the following proportions: / % borne by Party A, and / % by Party B.
Assumption of Expenses. In the event that the Borrower is the subject to a litigation due to failure to perform its obligations, the Borrower agrees that the credit investigation expenses, storage cost, legal fee (to the extent of the amount paid to the attorney engaged by the Bank if it is unable to litigate on its own) and any other necessary costs incurred by the Bank in exercising or preserving its claims against the Borrower shall be borne by the Borrower, unless the court decides that there is no creditor's right against the Borrower.
Assumption of Expenses. 6.1 Each Party shall assume its own expenses incurred by the implementation of this Agreement.
Assumption of Expenses. In the event of litigation arising out of the Contracting Party's non-performance of obligations, the Contracting Party agrees that the credit investigation expenses, storage expenses, transportation expenses, and attorney fees (limited to the amount where an attorney must be appointed because the Bank is indeed unable to handle the litigation) of the Bank to exercise or protect its creditors' rights shall be borne by the Contracting Party. However, this does not apply if the court rules that the Contracting Party does not owe any debt to the Bank.
