Common use of Costs and Interest Clause in Contracts

Costs and Interest. 7.1 Each of the Parties shall be responsible for its own costs, charges and expenses (including taxation) incurred in connection with negotiating, preparing and implementing this Agreement and the transactions contemplated by it. 7.2 The Company shall reimburse additional expenses of Olayan in the amount equal to $2,400,000, either by wire transfer of immediately available funds or through the issuance to Olayan or its designated Affiliate of an equivalent amount in Common Shares valued at $11.244 per share, in the sole discretion of the Company.

Appears in 4 contracts

Samples: Relationship Agreement (Olayan Saudi Holding Co), Shares Purchase Exchange Agreement (National Energy Services Reunited Corp.), Relationship Agreement (National Energy Services Reunited Corp.)

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