Expenses of Transfer. The transferring Shareholder agrees that it will pay all expenses, including attorneys’ fees and fees in connection with the evaluation of the transfer pursuant to this Section 3.01, incurred by the Company in connection with any attempted or realized Transfer of all or any portion of its interest, whether or not the Board consents to such Transfer. Such costs generally will include the amount of any transfer taxes due as a result of a Shareholder’s Transfer and the costs of accounting for such Transfers, including for applicable tax purposes.
Appears in 4 contracts
Samples: Shareholder Agreement (Watford Holdings Ltd.), Shareholder Agreements (Watford Holdings Ltd.), Preference Shareholders’ Agreement (Watford Holdings Ltd.)
Expenses of Transfer. The transferring Shareholder agrees that it will pay all expenses, including attorneys’ fees and fees in connection with the evaluation of the transfer pursuant to this Section 3.01, reasonable out-of-pocket expenses incurred by the Company in connection with any attempted or realized Transfer of all or any portion of its interest, whether or not the Board consents to such TransferEquity Securities. Such costs generally will include the amount of any transfer taxes Taxes due as a result of a Shareholder’s Transfer and the costs of accounting for such Transfers, including for applicable tax Tax purposes.
Appears in 4 contracts
Samples: Preferred Stock Purchase Agreement (TypTap Insurance Group, Inc.), Shareholder Agreement (TypTap Insurance Group, Inc.), Shareholder Agreement (HCI Group, Inc.)
Expenses of Transfer. The transferring Shareholder Member agrees that it will pay all expenses, including attorneys’ fees and fees in connection with the evaluation of the transfer pursuant to this Section 3.01fees, incurred by the Company in connection with any attempted or realized Transfer of all or any portion of its interest, whether or not the Board of Directors consents to such Transfer. Such costs generally will include the amount of any transfer taxes due as a result of a ShareholderMember’s Transfer and the costs of accounting for such Transfers, Transfers including for applicable tax purposes.
Appears in 1 contract
Samples: Limited Liability Company Agreement (MN8 Energy, Inc.)