Legal and Regulatory Expense Sample Clauses

Legal and Regulatory Expense. Except as otherwise provided in Paragraph 2.13, all legal and regulatory costs and expenses incurred in or resulting from Operations or necessary to protect or recover the Assets of the Business, including costs of title investigation and title curative services. All attorneys fees and other legal costs to handle, investigate and settle litigation or claims, and amounts paid in settlement of such litigation or claims in excess of Twenty-Five Thousand Dollars ($25,000.00) per annum shall not be charged to the Business Account unless approved by the Management Committee.
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Legal and Regulatory Expense. Except as otherwise provided in Subsection 2.13, all legal and regulatory costs and expenses incurred in or resulting from the Operations or necessary to protect or recover the Assets or the Property of the Joint Venture. All attorney's fees and other legal costs to handle, investigate and settle litigation or claims, including the cost of legal services provided by the Operator's legal staff; and amounts paid in settlement of such litigation or claims in excess of $50,000 shall not be charged to the Joint Account unless approved by the Management Committee.
Legal and Regulatory Expense. Except as otherwise provided in Section ----------------------------- 2.13, all legal and regulatory costs and expenses incurred in or resulting from the Operations or necessary to protect or recover the Assets of the Venture. All attorney's fees and other legal costs to handle, investigate and settle litigation or claims, including the cost of legal services provided by the Manager's legal staff, and amounts paid in settlement of such litigation or claims in excess of $10,000 shall not be charged to the Joint Account unless approved by the Management Committee.
Legal and Regulatory Expense. Except as otherwise provided in section 2.13 hereof, all legal and regulatory costs and expenses incurred in or resulting from the Operations or necessary to protect or recover the Assets.
Legal and Regulatory Expense. All legal and regulatory costs and expenses incurred in or resulting from the Operations or necessary to protect or recover the Assets.
Legal and Regulatory Expense. All legal and regulatory costs and expenses incurred in or resulting from the Operations or necessary to protect or recover the Assets, however, that, unless otherwise approved in advance by the Shareholders, no charge shall be made for the salary and benefits of General Manager’s legal staff.
Legal and Regulatory Expense. Except as otherwise provided in Paragraph 2.13 of this Exhibit B, all legal and regulatory costs and expenses incurred in or resulting from Operations or necessary or appropriate to protect or recover the Assets of the Company, including but not limited to costs of title investigation and title curative services. All (i) attorneys' fees and other legal costs to handle, investigate and settle litigation or claims and (ii) amounts paid in settlement thereof, in excess of Twenty-Five Thousand Dollars ($25,000.00) per annum for any one litigation or claim, shall not be charged to the Business Account unless approved by the Management Committee. EXHIBIT B Page 3 of 8
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Legal and Regulatory Expense. All attorneys’ fees and other legal costs to handle, investigate and settle litigation or claims, including the cost of legal services provided by the Manager’s legal staff, and amounts paid in settlement of such litigation or claims excluding settlement amounts payable in connection with the Independence Litigation.
Legal and Regulatory Expense. All legal and regulatory costs and expenses incurred in or resulting from Exploration or necessary to protect or recover the Assets, including costs of title investigation and title curative services. All attorney’s fees and other legal costs to handle, investigate and settle litigation or claims, and amounts paid in settlement of such litigation or claims in excess of Twenty-Five Thousand Dollars ($25,000.00) per annum shall not be eligible Exploration costs unless approved by both Participants’ respective co-managers.
Legal and Regulatory Expense. Except as otherwise provided in PARAGRAPH --------- 2.13, all legal and regulatory costs and expenses incurred in or resulting from ---- Operations or necessary to protect or recover the Assets of the Company, including costs of title investigation and title curative services. All attorneys' fees and other legal costs to handle, investigate, and settle litigation or claims, and amounts paid in settlement of such litigation or claims in excess of Twenty-Five Thousand Dollars ($25,000.00) per annum shall not be charged to the Business Account unless approved by the Management Committee.
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