Negotiation Expenses Sample Clauses
The Negotiation Expenses clause defines which party is responsible for covering the costs incurred during the negotiation of an agreement. Typically, this clause specifies whether each party bears its own legal and professional fees or if one party will reimburse the other for certain expenses. By clearly allocating responsibility for these costs, the clause helps prevent disputes over payment and ensures transparency in the negotiation process.
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Negotiation Expenses. Seller and Buyer shall pay all of their respective expenses incurred in connection with negotiation and preparation of the Documents, the Transactions contemplated thereby and the Closing (including, without limitation, notary costs). At the Closing Date, Seller will provide Buyer with monthly itemized statements for outside legal fees rendered. Pursuant to the Holdback Agreement, the amount of shares of Common Stock due to Seller shall be reduced on a two dollars worth of shares (based on the Fair Market Value) for every one dollar basis over $75,000 spent by Seller on outside legal fees and paid by Buyer or Buyer Parent. The fees and expenses of ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇, LLP, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ & Associes and CMS ▇▇▇▇▇▇ ▇▇▇▇▇ shall be paid on the Closing Date.
Negotiation Expenses. The Company shall pay Executive’s reasonable professional fees incurred to negotiate and prepare this Agreement and all related agreements up to an aggregate amount of $7,500. The provisions of Section 16.3 shall apply to all reimbursements made under this Section 15.2.
Negotiation Expenses. The Company will reimburse the Executive for fees and costs of negotiating this Agreement up to the amount of $4,000.
Negotiation Expenses. Seller, the Shareholders and Buyer shall pay all of their respective expenses incurred in connection with negotiation and preparation of the Documents, the Transactions contemplated thereby and the Closing.
Negotiation Expenses. Except as set forth in Schedule 3.24, on or before the Closing Date, none of the Company or any Subsidiary shall have paid or incurred any liability to pay any expenses relating to the negotiation, completion or implementation of this Agreement, including the fees and disbursements of counsel to the Seller.
Negotiation Expenses. Each Party to this Agreement shall bear its own costs and expenses associated with the negotiation, execution and delivery of this Agreement, and the transactions contemplated thereby.
Negotiation Expenses. Employer agrees to pay the attorneys’ fees and expenses Employee incurred negotiating, reviewing, and revising this Agreement and the Release of Claims. Employer shall pay Employee’s legal advisors within ten (10) days of its receipt of the ▇▇▇▇ for such services.
Negotiation Expenses. The Parties shall pay all of their respective expenses incurred in connection with negotiation and preparation of this Agreement and the Documents, the Transactions contemplated thereby and the Closings (including, without limitation, legal fees).