Payable by the Company Clause Samples
The "Payable by the Company" clause defines the types of payments or financial obligations that the company is responsible for under the agreement. This may include covering costs such as employee salaries, reimbursements, service fees, or other specified expenses incurred during the course of business. By clearly outlining what the company must pay, this clause ensures transparency and helps prevent disputes over financial responsibilities between the parties involved.
Payable by the Company. The Company shall bear the expenses of: (i) registering the Shares under the 1933 Act; (ii) qualifying or continuing the qualification of Shares for sale under the laws of such states as may be designated by the Distributor under the conditions herein specified; (iii) communications with shareholders; and (iv) issuing Shares, such as issue taxes and fees of the transfer agent.
Payable by the Company a. The Company will pay [*] to a maximum of [*] U.S. dollars ($[*]) in any given calendar quarter. Dominion will invoice for any such costs on a monthly basis.
Payable by the Company a. The Company will pay all of its own travel, lodging, copying, fax, telephone and other ordinary and necessary business expenses incurred by the Company in connection with this Agreement.
b. The Company will be responsible and shall pay for any costs and expenses not deemed Advanced Costs, which are third-party costs and expenses not recommended by SIM.
c. If there is litigation involving the IP Rights, it is possible that the Court might award sanctions, fees, or costs against the Company, all of which are the responsibility of and shall be borne by the Company if such sanctions, fees or costs are imposed as the result of the Company’s actions in conflict with or its failure to act in accordance with reasonable and ordinary instructions of SIM or counsel.
d. Each Party shall be responsible for and shall bear and pay all of its own taxes arising from the payment or receipt of any and all Gross Consideration (as defined below) (including any withholding tax).