Common use of Independent Counsel Expenses Clause in Contracts

Independent Counsel Expenses. The Company shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Agreement and in any Proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection until a court has determined that such objection is without a reasonable basis.

Appears in 2 contracts

Samples: Indemnification Agreement (Jones Energy, Inc.), Indemnification Agreement (NetSpend Holdings, Inc.)

AutoNDA by SimpleDocs

Independent Counsel Expenses. The Company shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Agreement Article V and in any Proceeding proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection until a court has determined that such objection is without a reasonable basis.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Dynegy Inc /Il/), Agreement and Plan of Merger (Enron Corp/Or/)

Independent Counsel Expenses. The Company shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Agreement Article 14 and in any Proceeding proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection until a court has determined that such objection is without a reasonable basis.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Edge Petroleum Corp), Agreement and Plan of Merger (Chaparral Energy, Inc.)

Independent Counsel Expenses. The Company Corporation shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Agreement Article and in any Proceeding proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection until a court Court has determined that such objection is without a reasonable basis.

Appears in 1 contract

Samples: Indemnification Agreement (Westside Energy Corp)

Independent Counsel Expenses. The Company Corporation shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Agreement Article VI and in any Proceeding proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection until a court has determined that such objection is without a reasonable basis.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pride International Inc)

AutoNDA by SimpleDocs

Independent Counsel Expenses. The Company shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Agreement Article and in any Proceeding proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his or her selection until a court has determined that such objection is without a reasonable basis.

Appears in 1 contract

Samples: Conocophillips Indemnification Agreement (Conocophillips)

Independent Counsel Expenses. The Company shall pay any and all reasonable fees and expenses of the Independent Counsel incurred acting pursuant to this Agreement and in any Proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection until a court has determined that such objection is without a reasonable basis.

Appears in 1 contract

Samples: Indemnification Agreement (Hercules Offshore, Inc.)

Independent Counsel Expenses. The Company Corporation shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Agreement Article VI and in any Proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection until a court has determined that such objection is without a reasonable basis.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Quest Resource Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.