Common use of Expenses of Transaction Clause in Contracts

Expenses of Transaction. Each party shall pay its professional fees and expenses incurred in connection with the negotiation and closing of this Agreement and the Related Agreements. The expenses of the preparation of the Financial Statements shall be borne by Company except for the 1997 Audited Financial Statements, which shall be paid by Acquisition Sub. Company and/or Company Shareholders, as the case may be, shall pay all applicable sales, income, use, excise, transfer, documentary, and any other taxes arising out of the transactions contemplated in this Agreement.

Expenses of Transaction. Each party shall pay its professional fees and expenses incurred in connection with the negotiation and closing of this Agreement and the Related AgreementsAgreement. The expenses of the preparation of the Annual Financial Statements shall be borne by Company except for the 1997 Audited Financial Statements, which shall be paid by Acquisition SubSeller. Company and/or Company Shareholders, as the case may be, Purchaser shall pay all applicable sales, income, use, excise, transfer, documentary, and any other taxes arising out of the transactions contemplated in this Agreementherein.