Common use of LITIGATION AND LEGAL EXPENSES Clause in Contracts

LITIGATION AND LEGAL EXPENSES. The costs and expenses of litigation legal services necessary for the protection of the Joint Operations under this Agreement as follows: 2.10.1 Legal services, other than those provided by the Parties or their Affiliate employees, necessary or expedient for the protection of the Joint Operations, and all costs and expenses of litigation, arbitration or other alternative dispute resolution procedure, including reasonable attorney's fees and expenses, together with all judgments obtained against the Parties or any of them arising from the Joint Operations. 2.10.2 If the Operating Committee hereunder shall so agree, litigation, arbitration or other alternative dispute resolution procedures resulting from actions or claims affecting the Joint Operations hereunder may he handled by the legal staff of one or any of the Parties; and a charge commensurate with the reasonable costs of providing and furnishing such services rendered may be made by the Pxxxx providing such service to Operator for the Joint Account, but no such charges shall be made until approved by the Operating Committee.

Appears in 2 contracts

Samples: Joint Operating Agreement (Geoglobal Resources Inc.), Joint Operating Agreement (Geoglobal Resources Inc.)

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LITIGATION AND LEGAL EXPENSES. The costs and expenses of litigation legal services necessary for the protection of the Joint Operations under this Agreement as follows: 2.10.1 Legal services, other than those provided by the Parties or their Affiliate employees, necessary or expedient for the protection of the Joint Operations, and all costs and expenses of litigation, arbitration or other alternative dispute resolution procedure, including reasonable attorney's fees and expenses, together with all judgments obtained against the Parties or any of them arising from the Joint Operations. 2.10.2 If the Operating Committee hereunder shall so agree, litigation, arbitration or other alternative dispute resolution procedures resulting from actions or claims affecting the Joint Operations hereunder may he be handled by the legal staff of one or any of the Parties; and a charge commensurate with the reasonable costs of providing and furnishing such services rendered may be made by the Pxxxx Party providing such service to Operator for the Joint Account, but no such charges shall be made until approved by the Operating Committee.

Appears in 2 contracts

Samples: Joint Operating Agreement (Bontan Corp Inc), Joint Operating Agreement (Bontan Corp Inc)

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