Common use of Expenses Upon Termination Clause in Contracts

Expenses Upon Termination. If this Agreement shall be terminated by the Underwriters, or any of them, because of any failure or refusal on the part of the Issuer Trustee or a CBA Party to comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason the Issuer Trustee or a CBA Party shall be unable to perform its obligations under this Agreement or any condition of the Underwriters' obligations cannot be fulfilled, the CBA Parties jointly and severally agree to reimburse the Underwriters or such Underwriters as have so terminated this Agreement with respect to themselves, severally, for all out-of-pocket expenses (including the fees and expenses of their counsel) reasonably incurred by such Underwriters in connection with this Agreement or the offering contemplated hereunder.

Appears in 7 contracts

Samples: Underwriting Agreement (Securitisation Advisory Services Pty LTD), Underwriting Agreement (Securitisation Advisory Services Pty LTD), Underwriting Agreement (Medallion Trust Series 2007-1g)

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Expenses Upon Termination. If this Agreement shall be terminated by ------------------------- the Underwriters, or any of them, because of any failure or refusal on the part of the Issuer Trustee or a CBA Party to comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason the Issuer Trustee or a CBA Party shall be unable to perform its obligations under this Agreement or any condition of the Underwriters' obligations cannot be fulfilled, the CBA Parties jointly and severally agree to reimburse the Underwriters or such Underwriters as have so terminated this Agreement with respect to themselves, severally, for all out-of-pocket expenses (including the fees and expenses of their counsel) reasonably incurred by such Underwriters in connection with this Agreement or the offering contemplated hereunder.

Appears in 2 contracts

Samples: Underwriting Agreement (Securitisation Advisory Services Pty LTD 2000 Med Trust), Underwriting Agreement (Securitisation Advisory Services Pty LTD)

Expenses Upon Termination. If this Agreement shall be terminated by the Underwriters, or any of them, Underwriter because of any failure or refusal on the part of the Issuer Trustee or a CBA Party to comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason the Issuer Trustee or a CBA Party shall be unable to perform its obligations under this Agreement or any condition of the Underwriters' Underwriter's obligations cannot be fulfilled, the CBA Parties jointly and severally agree to reimburse the Underwriters or such Underwriters as have so terminated this Agreement with respect to themselves, severallyUnderwriter, for all out-of-pocket expenses (including the fees and expenses of their counsel) reasonably incurred by such Underwriters the Underwriter in connection with this Agreement or the offering contemplated hereunder.

Appears in 1 contract

Samples: Purchase Agreement (Securitisation Advisory Services Pty LTD)

Expenses Upon Termination. If this Agreement shall be terminated by the Underwriters, or any of them, because of any failure or refusal on the part of the Issuer Trustee or a CBA Party to comply with the terms or to fulfill fulfil any of the conditions of this Agreement, or if for any reason the Issuer Trustee or a CBA Party shall be unable to perform its obligations under this Agreement or any condition of the Underwriters' obligations cannot be fulfilled, the CBA Parties jointly and severally agree to reimburse the Underwriters or such Underwriters as have so terminated this Agreement with respect to themselves, severally, for all out-of-pocket expenses (including the fees and expenses of their counsel) reasonably incurred by such Underwriters in connection with this Agreement or the offering contemplated hereunder.

Appears in 1 contract

Samples: Underwriting Agreement (Securitisation Advisory Services Pty LTD)

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Expenses Upon Termination. If this Agreement shall be terminated by the ------------------------- Underwriters, or any of them, because of any failure or refusal on the part of the Issuer Trustee or a CBA Party to comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason the Issuer Trustee or a CBA Party shall be unable to perform its obligations under this Agreement or any condition of the Underwriters' obligations cannot be fulfilled, the CBA Parties jointly and severally agree to reimburse the Underwriters or such Underwriters as have so terminated this Agreement with respect to themselves, severally, for all out-of-pocket expenses (including the fees and expenses of their counsel) reasonably incurred by such Underwriters in connection with this Agreement or the offering contemplated hereunder.

Appears in 1 contract

Samples: Underwriting Agreement (Securitisation Advisory Services Pty LTD)

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