Common use of Legal Fee Reimbursement Clause in Contracts

Legal Fee Reimbursement. As reimbursement for the Company’s legal fees incurred in connection with this Agreement and the transactions contemplated hereby, the Investor agrees to pay to Xxxxxxxx Xxxxxxx LLP (“Xxxxxxxx”) the lesser of (i) the amount of Xxxxxxxx’x reasonable and documented legal fees for services rendered by Xxxxxxxx to the Company in connection with this Agreement and the transactions contemplated hereby and (ii) $5,000. The Investor shall make such payment within a reasonable time following receipt of an invoice from Xxxxxxxx documenting the amount of such fees (but in any event within sixty (60) days following receipt of such invoice).

Appears in 2 contracts

Samples: Exchange Agreement (WashingtonFirst Bankshares, Inc.), Exchange Agreement (WashingtonFirst Bankshares, Inc.)

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Legal Fee Reimbursement. As reimbursement for the Company’s legal fees incurred in connection with this Agreement and the transactions contemplated hereby, the Investor agrees to pay to Xxxxxxxxxx Xxxxxxxx Xxxxxxx & Xxxxxxxx LLP (“XxxxxxxxXxxxxxxxxx”) the lesser of (i) the amount of Xxxxxxxx’x Xxxxxxxxxx’x reasonable and documented legal fees for services rendered by Xxxxxxxx Xxxxxxxxxx to the Company in connection with this Agreement and the transactions contemplated hereby and (ii) $5,000. The Investor shall make such payment within a reasonable time following receipt of an invoice from Xxxxxxxx Xxxxxxxxxx documenting the amount of such fees (but in any event within sixty (60) days following receipt of such invoice).

Appears in 2 contracts

Samples: Exchange Agreement (CJA Private Equity Restructuring Master Fund I LP), Exchange Agreement (Coastal Financial Corp)

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