Costs and Expenses; Taxes. Provided the Series E Financing Round is closed, the Company shall pay the reasonable fees and out-of-pocket expenses of counsel for the several Investors, in an aggregate amount not to exceed USD 100’000 including any taxes. The Company shall also bear all Swiss issuance and stamp taxes arising out of the Series E Financing Round. Each Party shall bear any other costs and any other expenses arising out of or incurred, and any taxes imposed on it, in connection with this Subscription Agreement and all Subscriptions contemplated hereby.
Costs and Expenses; Taxes. Except as may be set forth in this Agreement, each Party shall be solely responsible for its own costs and expenses incurred in connection with the performance of its activities pursuant to this Agreement. Each Party shall also bear and be responsible for paying any sales, use, property, or other federal, state or local taxes it incurs as a direct or indirect result of entering into this Agreement.
Costs and Expenses; Taxes. Subject to the immediately following paragraph, it is agreed that each Party shall bear its own costs and expenses arising out of or incurred, and any taxes imposed on it, in connection with this Agreement and all transactions contemplated hereby. The Company shall bear all Swiss issuance and stamp taxes arising out of the Capital Round.
Costs and Expenses; Taxes. After the occurrence of an Event of Default (which has not been cured by Bxxxxxxx as provided herein), Borrower shall pay immediately upon demand by Lender all actual, out-of-pocket costs and expenses incurred in connection with the enforcement of the rights of the Lender hereunder or under the Promissory Notes or any other Loan Document or otherwise in connection with the realization upon any Collateral. Such unpaid costs and expenses (including court costs and reasonable outside attorneys’ fees) shall constitute an additional disbursement of the Loan hereunder and shall be secured and recoupable and shall bear interest in the same manner as provided for in paragraph 2 hereof. At Lender’s election, Lxxxxx shall have the right (and is hereby authorized by Borrower) to deduct all amounts payable to Lender pursuant to this paragraph 7.5 or pursuant to paragraph 7.7 hereof from a disbursement of the Loan made by Lender to Borrower, or to make additional disbursements under the Loan for the repayment to Lender of all such amounts.
Costs and Expenses; Taxes. Except as provided in Section 6(c), each party will be responsible for payment of its own costs and expenses related to the research, development, production, marketing, and sale of the Jointly Developed Products and the existing products, and all other costs, charges, taxes and expenses incurred with respect to the Jointly Developed Products, the existing products, and the other activities contemplated by this Agreement. Without limiting the foregoing, each party will be responsible for the payment to governmental authority of any income, capital or franchise taxes imposed on such party with respect to the activities contemplated by this Agreement that are based on or measured by its net income, gross receipts or net worth. -------------------- * This information has been omitted pursuant to a request for confidential treatment.
Costs and Expenses; Taxes. Except as otherwise agreed by the Parties, each Party shall pay its own costs and expenses as well as taxes incurred in relation to or arising from the negotiation, preparation, execution and performance of this Agreement and the Ancillary Documents.
Costs and Expenses; Taxes. Seller and Buyer shall bear the costs and expenses incurred by it in connection with the preparation, execution and performance of this Agreement, and Buyer shall bear the costs of all (i) personal property taxes, sales taxes and use taxes arising or to be paid by Seller, the Lenders or the Buyer or otherwise in connection with the transactions contemplated by this Agreement and (ii) fees, costs and expenses in connection with the transfer of title to any of the Transferred Assets to Buyer, whether in the nature of recording fees, transfer, documentary or stamp taxes, or otherwise. Buyer hereby agrees to indemnify and hold the Seller and the Lenders harmless from and against any and all claims, liability, costs and expenses arising out of or in connection with the failure of the Buyer to pay any such amount on a timely basis. The Seller shall be entitled to require the payment of any such fees and taxes at or prior to the closing and as a condition thereof.
Costs and Expenses; Taxes. Sellers and Buyer shall bear all cost, expenses and Taxes incurred by them under this Escrow Agreement.
Costs and Expenses; Taxes. (a) Mortxxxxx xxxees to pay or reimburse Mortgagee for all of its costs and expenses incurred in connection with the administration, supervision, collection, or enforcement of, or the preservation of any rights under, this Mortgage, including without limitation, the fees and disbursements of counsel for Mortgagee, including attorneys' fees out of court, in trial, on appeal, in bankruptcy proceedings, or otherwise.
Costs and Expenses; Taxes. 15.1 Each Party shall pay its own costs and expenses including the fees of its professional advisers in relation to the investigation and negotiation of the sale of the Shares and to the preparation, execution and carrying into effect of this Agreement and all other documents referred to in it.
