Expenses and Procedures Sample Clauses
The "Expenses and Procedures" clause defines how costs related to the agreement are handled and outlines the steps each party must follow in carrying out their responsibilities. Typically, this clause specifies which party is responsible for paying certain expenses, such as administrative fees, legal costs, or third-party charges, and may detail the process for submitting and approving expense claims. By clearly allocating financial responsibility and establishing procedural guidelines, this clause helps prevent disputes over payments and ensures that both parties understand their obligations regarding costs and operational steps.
Expenses and Procedures. This Section 4 shall be applicable to a registration of Registrable Securities pursuant to this Agreement.
Expenses and Procedures. The Company shall bear all fees and expenses attendant to registering the Registrable Securities pursuant to Section 6(a) hereof, but Holder shall pay any and all underwriting commissions and the expenses of any legal counsel selected by Holder to represent Holder in connection with the sale of the Registrable Securities. In the event of such a proposed registration, the Company shall furnish Holder with not less than five (5) business days written notice prior to the proposed date of filing of such registration statement. Such notice to Holder shall continue to be given notice for each registration statement filed by the Company until the earlier of such time as all of the Registrable Securities (i) have been sold by Holder (ii) are registered under an effective registration statement or (iii) may be sold without volume or manner of sale restrictions under Rule 144 of the Securities Act. Holder shall exercise the “piggyback” rights provided for herein by giving written notice within two (2) business days of the receipt of the Company’s notice of its intention to file a registration statement. Notwithstanding anything contained in this Warrant to the contrary, Holder shall not have the right to participate in any of the foregoing offerings unless Holder furnishes to the Company a completed and executed questionnaire provided by the Company to the Holder(s), at least seven (7) days in advance of the applicable offering, requesting information customarily sought of selling security holders in such offerings.
Expenses and Procedures. 11 6.7 Indemnification..............................................................13 6.8 Rule 144.....................................................................15 6.9
Expenses and Procedures