Common use of Front-end expenses Clause in Contracts

Front-end expenses. The Issuer shall on demand reimburse the Principal Paying Agent for all expenses incurred by it in the negotiation, preparation and execution of this Agreement, and shall on demand reimburse each Agent for all expenses (including any Irrecoverable VAT thereon) (including legal fees and any publication, advertising, communication, courier, postage and other out-of-pocket expenses) properly incurred in connection with its services hereunder other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 13.1 (Fees).

Appears in 2 contracts

Samples: Paying Agent and Agent Bank Agreement, Paying Agent and Agent Bank Agreement

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Front-end expenses. The Issuer shall on demand reimburse the Principal Paying Agent for all expenses incurred by it in the negotiation, preparation and execution of this Agreement, and shall on demand reimburse each other Agent for all expenses (including any Irrecoverable VAT thereon) (including including, without limitation, legal fees and any publication, advertising, communication, courier, postage and other out-of-pocket expenses) expenses properly incurred in connection with its services hereunder (plus any applicable value added tax), other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 13.1 10.1 (Fees).

Appears in 1 contract

Samples: Issue and Paying Agency Agreement

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Front-end expenses. The Issuer shall on demand reimburse the Principal Paying Agent for all expenses incurred by it in the negotiation, preparation and execution of this Agreement, and shall on demand reimburse each other Agent for all any reasonably incurred out-of-pocket expenses (including any Irrecoverable VAT thereon) (including reasonable legal fees and any publication, advertising, communication, courier, postage and other out-of-pocket expenses) properly incurred in connection with its services hereunder (plus any applicable value added tax), other than such costs and expenses as are separately agreed to be reimbursed out of the fees payable under Clause 13.1 12.1 (Fees).

Appears in 1 contract

Samples: Issue and Paying Agency Agreement (Philip Morris International Inc.)

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