Common use of Processing Fees and Other Expenses Clause in Contracts

Processing Fees and Other Expenses. 11.1 The Pledgor shall be responsible for all the fees and actual expenditures in relation to this Agreement, including but not limited to legal fees, cost of production, stamp tax and any other taxes and charges. If the Pledgee pays the relevant taxes and fees in accordance with laws, the Pledgor shall fully reimburse such taxes and fees paid by the Pledgee. 11.2 If the Pledgor fails to pay any payable taxes, fees or charges in accordance with this Agreement or the Pledgee, for certain reasons, has to recource to any forgoing taxes, charges or fees, the Pledgor shall be responsible for all the fees (including but not limited to any taxes, proceeding fees, management fees, litigation fees, attorney’s fees, and various insurance premiums in connection with disclosure of the Pledge) incurred by the Pledgor.

Appears in 3 contracts

Samples: Equity Interest Pledge Agreement (SYSWIN Inc.), Equity Interest Pledge Agreement (SYSWIN Inc.), Equity Interest Pledge Agreement (SYSWIN Inc.)

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Processing Fees and Other Expenses. 11.1 11.1. The Pledgor shall be responsible for all the fees and actual expenditures expenses in relation to this Agreement, including but not limited to legal fees, cost of production, stamp tax duty and any other taxes and charges. If the Pledgee pays the relevant taxes and fees in accordance with the laws, the Pledgor shall fully reimburse the Pledgee for such taxes and fees paid by the Pledgeetax payments. 11.2 11.2. If the Pledgor fails to pay any payable taxes, fees or charges in accordance with this Agreement or the Pledgee, for certain reasons, has to recource use other recourses or means to settle any forgoing foregoing taxes, charges or feesfees by any means, the Pledgor shall be responsible for all the fees (including but not limited to any taxes, proceeding processing fees, management fees, litigation feesexpenses, attorney’s fees, and various insurance premiums in connection with disclosure of the Pledgepremiums) incurred by the Pledgor.

Appears in 1 contract

Samples: Equity Pledge Agreement (China Nuokang Bio-Pharmaceutical Inc.)

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