Common use of Limitation of Legal Expenses Clause in Contracts

Limitation of Legal Expenses. Notwithstanding anything herein to the contrary, the indemnification for legal expenses included in Sections 7.01, 7.03 And 7.05 shall be limited to the legal expenses of one law firm, except in the event of a bona fide conflict of interest, in which event such legal expenses shall be limited to the legal expenses of two law firms.

Appears in 7 contracts

Samples: Placement Agent Agreement (PetroShare Corp.), Placement Agent Agreement (Daybreak Oil & Gas Inc), Placement Agent Agreement (Daybreak Oil & Gas Inc)

AutoNDA by SimpleDocs

Limitation of Legal Expenses. Notwithstanding anything herein to the contrary, the indemnification for legal expenses included in Sections 7.01, 7.03 And 7.03, and 7.05 shall be limited to the legal expenses of one law firm, except in the event of a bona fide conflict of interest, in which event such legal expenses shall be limited to the legal expenses of two law firms.

Appears in 1 contract

Samples: Placement Agent Agreement (SRKP 16 Inc)

Limitation of Legal Expenses. Notwithstanding anything herein to the contrary, the indemnification for legal expenses included in Sections 7.01, 7.03 And 7.05 and 7.04 shall be limited to the legal expenses of one law firm, except in the event of a bona fide conflict of interest, in which event such legal expenses shall be limited to the legal expenses of two law firms.

Appears in 1 contract

Samples: Placement Agent Agreement (Training Devices International Inc)

AutoNDA by SimpleDocs

Limitation of Legal Expenses. Notwithstanding anything herein to the contrary, the indemnification for legal expenses included in Sections 7.01, 7.03 And and 7.05 shall be limited to the legal expenses of one law firm, except in the event of a bona fide conflict of interest, in which event such legal expenses shall be limited to the legal expenses of two law firms.

Appears in 1 contract

Samples: Placement Agent Agreement (PetroShare Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!