Common use of Counsel Fees and Disbursements Clause in Contracts

Counsel Fees and Disbursements. In connection with each Demand Registration, each Piggyback Registration and each Shelf Offering, the Corporation shall reimburse the reasonable fees and disbursements of not more than one law firm for (i) each of the Demand Holders of Registrable Securities included in such registration engaged to represent such Demand Holders in connection with such registration or (ii) the Holders, if no Registrable Securities of any Demand Holders are included in such registration, as selected by Holders of a majority of the Registrable Securities included in such registration, engaged to represent such Holders in connection with such registration.

Counsel Fees and Disbursements. In connection with each Demand Registration, each Piggyback Registration and each Shelf Offering, the Corporation shall reimburse the Holders of Registrable Securities included in such registration for the reasonable fees and disbursements of not more than one law firm for (i) each as selected by the Controlling Holders of a majority of the Demand Holders of Registrable Securities of all Controlling Holders included in such registration engaged to represent such Demand Holders in connection with such registration registration, or (ii) the Holders, if no Registrable Securities of any Demand Controlling Holders are included in such registration, as selected by Holders of a majority of the Registrable Securities included in such registration, ) engaged to represent such Holders in connection with such registration.