Own Costs Clause Samples
The "Own Costs" clause establishes that each party is responsible for bearing its own expenses incurred in connection with the agreement or a specific activity. In practice, this means that costs such as legal fees, administrative expenses, or travel related to the contract are not reimbursed by the other party and must be paid individually. This clause helps prevent disputes over cost-sharing and ensures clarity by explicitly allocating financial responsibility for incidental or operational costs.
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Own Costs. Each party shall bear its own costs and expenses, including attorney's fees, in connection with the Action and the negotiation and execution of this Agreement.
Own Costs. Each party will bear its own costs, expenses, and attorney's fees that it has heretofore incurred in connection with or arising out of the matters set forth in the Recitals hereinabove.
Own Costs. Each party shall pay the costs and expenses incurred by him or it in connection with the entering into and completion of this Agreement.
Own Costs. Each of the Brookfield Parties, on the one hand, and GATX, on the other hand, shall be responsible for and will bear any fees, costs and expenses incurred relating to or in connection with the transactions contemplated by this Agreement, the Purchase Agreement, the Definitive Documents, and all other agreements, documents and letters in connection with the JV Debt Financing, the JV Equity Commitment Letter and the Limited Guaranty (the “Transaction Documents”) other than those that are included in Transaction Expenses.
Own Costs. The parties agree to bear their own costs in relation to this DPA. Responsibilities
Own Costs. Each Party shall bear its own costs, including attorney fees.
Own Costs. The parties shall pay their own costs in connection with the preparation and negotiation of this Agreement and any matter contemplated by it.
Own Costs. 29.1 Unless otherwise specified in this deed, each party will bear its own costs in relation to the negotiation, preparation and execution of this deed.
Own Costs. Except as set forth otherwise in Section 2.6, Section 5 and this Section 6, each party is solely responsible for all costs and expenses associated with the performance of its obligations hereunder.