Payment of Legal Fees and Costs. The Company agrees to pay as incurred, to the full extent permitted by law, all legal fees and expenses which Executive may reasonably incur as a result of any contest (regardless of the outcome thereof) by the Company, Executive or others of the validity or enforceability of, or liability under, any provision of this Agreement of any guarantee of performance thereof (including as a result of any contest by Executive about the amount of payment pursuant to this Agreement), plus in each case interest on any delayed payment at the applicable federal rate provided for in Section 7872 (f) (2) (A) of the Code.
Payment of Legal Fees and Costs. In the event that a Member: (a) initiates or asserts any suit, legal action, claim, counterclaim or proceeding regarding, relating to or arising under this Agreement, the Units or the Company, including claims under the U.S. federal securities laws; and (b) does not, in a judgment on the merits, substantially achieve, in substance and amount, the full remedy sought or the equivalent is reached in settlement, then the Member shall be obligated to reimburse the Company and any parties indemnified by the Company for any and all fees, costs and expenses of every kind and description (including, but not limited to, all reasonable attorneys’ fees, the costs of investigating a claim and other litigation expenses) that the Company and any parties indemnified by the Company may incur in connection with such Claim.
Payment of Legal Fees and Costs. The Company agrees to pay as incurred, to the full extent permitted by law, all legal fees and expenses which Executive may reasonably incur as a result of any contest (regardless of the outcome thereof) by the Company, Executive or others of any action taken pursuant to the terms of this Agreement or the Employment Agreement, or of the validity or enforceability of, or liability under, any provision of this Agreement or the Employment Agreement, or any guarantee of performance thereof (including, without limitation, as a result of any contest by Executive about the amount of payment pursuant to this Agreement), plus in each case interest on any delayed payment at the applicable federal rate provided for in Section 7872(f)(2)(A) of the Code.
Payment of Legal Fees and Costs. The Company agrees to pay as incurred, to the full extent permitted by law, all legal fees and expenses which Executive may reasonably incur as a result of any contest (regardless of the outcome thereof) by the Company, Executive or others of any action taken pursuant to the terms of this Agreement, or of the validity or enforceability of, or liability under, any provision of this Agreement, or any guarantee of performance thereof (including as a result of any contest by Executive about the amount of payment pursuant to this Agreement), plus in each case interest on any delayed payment at the rate of 8% per annum.
Payment of Legal Fees and Costs. The Company agrees to pay as incurred, to the full extent permitted by law, all legal fees and related expenses which you may reasonably incur as a result of any contest or dispute (regardless of the outcome thereof) by the Company, you or others of the validity or enforceability of, or liability under, any provision of this Agreement of any guarantee of performance thereof (including as a result of any contest by you about the amount of payment pursuant to this Agreement), plus in each case interest on any delayed payment at the applicable federal rate provided for in Section 7872(f)(2)(A) of the Code, provided, however, that in the event the resolution of such contest or dispute includes a ruling that your claims in such contest or dispute are frivolous or brought in bad faith, you shall be required to reimburse the Company for all sums advanced to you pursuant to this Section 7.2, plus interest at the applicable federal rate provided for in Section 7872(f)(2)(A) of the Code.
Payment of Legal Fees and Costs. The Company agrees to pay as incurred, to the full extent permitted by law, all legal fees and expenses which Executive may reasonably incur as a result of any contest (regardless of the outcome thereof) by the Company, Executive or others of the validity or enforceability of, or liability under, any provision of this Agreement or any guarantee of performance thereof (including as a result of any contest by Executive about the amount of payment pursuant to this Agreement), plus in each case interest on any delayed payment at the applicable federal rate provided for in Section 7872(f)(2)(A) of the Code. All payments under this Section 6.3 shall be made at the times otherwise specified in this Section 6.3 but in all events no later than the dates prescribed in Department of Treasury Regulation Section 1.409A-3(i)(1)(iv).
Payment of Legal Fees and Costs. The Company agrees to pay as incurred, to the full extent permitted by law, all legal fees and expenses which Executive may reasonably incur as a result of any contest (regardless of the outcome thereof) by the Company, Executive or others of any action taken pursuant to the terms of this Agreement, or of the validity or enforceability of, or liability under, any provision of this Agreement, or any guarantee of performance thereof (including, without limitation, as a result of any contest by Executive about the amount of payment pursuant to the Agreement), plus in each case interest on any delayed payment at the AFR.
Payment of Legal Fees and Costs. Concurrently with the execution of this Agreement, the Borrowing Parties shall be jointly and severally liable for and shall pay or cause to be paid to Bank in immediately available funds all fees and expenses of Bank relating to this Agreement and the transactions contemplated herein, including, without limitation, reasonable fees and expenses of Bank’s counsel.
Payment of Legal Fees and Costs. (a) The Corporation shall reimburse the Executive for his reasonable legal fees and expenses incurred in connection with the negotiation of this Agreement and the Trust Agreement, with any taxes imposed on any income imputed to the Executive, net of any available deductions, grossed-up.
(b) The Corporation hereby agrees to reimburse the Executive or his designated beneficiary, estate or personal representatives to the fullest extent permitted by law, for any legal and other fees and expenses that Executive or his designated beneficiary, estate or personal representatives may reasonably incur in connection with any action taken or contest threatened or implemented relating to the enforcement, validity or interpretation of any provision of this Agreement or the Trust Agreement, including actions brought to establish entitlement to payments or benefits hereunder, regardless of the outcome thereof, plus in the case of any money judgment obtained under this Agreement against the Corporation, interest at the rate of ten percent (10%) per annum. The Executive or his designated beneficiary, estate or personal representatives shall present to the Corporation an itemized statement, together with reasonable proofs of payment required by the Corporation, of all legal fees and expenses for which Executive or his designated beneficiary, estate or personal representatives requests reimbursement. The Corporation shall reimburse Executive or his designated beneficiary, estate or personal representatives within ten (10) days of receipt of such itemized statement and documentation.
Payment of Legal Fees and Costs. The Company agrees to pay as incurred, to the full extent permitted by law, all legal fees and expenses which Executive may reasonably incur as a result of any contest (regardless of the outcome thereof) by the Company, Executive or others of any action taken pursuant to the terms of this Agreement, or of the validity or