Common use of Expenses in Connection with Exercise Clause in Contracts

Expenses in Connection with Exercise. In the event of a dispute between Parties regarding the exercise or enforcement of any of the rights of a Beneficiary under this Agreement or the failure by a Party to perform or observe any of the provisions of this Agreement, the Party that does not ultimately prevail in such dispute shall be liable, and hereby agrees, to reimburse, on demand, each other such Party for any and all costs and expenses, including the fees and expenses of legal counsel and of any other counsel, experts, consultants or agents, that such other Party may incur in connection therewith.

Expenses in Connection with Exercise. In the event of a dispute between Parties parties hereto regarding the exercise or enforcement of any of the rights of a Beneficiary under this Agreement or the failure by a Party Parent to perform or observe any of the provisions of this Agreement, the Party party that does not ultimately prevail in such dispute shall be liable, and hereby agrees, to reimburse, on demand, each other such Party party for any and all costs and expenses, including the fees and expenses of legal counsel and of any other counsel, experts, consultants or agents, that such other Party party may incur in connection therewith.

Expenses in Connection with Exercise. In the event of a dispute between Parties regarding the exercise or enforcement of any of the rights of a Beneficiary Party under this Agreement or the failure by a Party to perform or observe any of the provisions of this Agreement, the Party or Parties that does do not ultimately prevail in such dispute shall be liable, and hereby agreesagree, to reimburse, on demand, each other such prevailing Party for any and all costs and expenses, including the fees and expenses of legal counsel and of any other counsel, experts, consultants or agents, that such other prevailing Party may incur in connection therewith.