Common use of Registration and Selling Expenses Clause in Contracts

Registration and Selling Expenses. As used herein, "Registration Expenses" shall mean all expenses incurred by the Company in complying with this Section 9.3, including, without limitation, all registration and filing fees; printing expenses; fees and disbursements of counsel for the Company; blue sky fees and expenses; and the expense of any special audits incident to or required by any such registration (but excluding the compensation of regular employees of the Company which shall be paid in any event by the Company); and "Selling Expenses" shall mean all underwriting discounts and selling commissions applicable to the sales. The Company will pay all Registration Expenses in connection with the registration pursuant to Section 9.3. All Selling Expenses in connection with each registration pursuant to this Section 9.3 shall be borne by the Company and the selling shareholders pro rata in proportion to the securities covered thereby being sold by them.

Registration and Selling Expenses. As used herein, "Registration Expenses" shall mean all expenses incurred by the Company in complying with this Section 9.3Subsection 7.3(c), including, without limitation, all registration and filing fees; printing expenses; fees and disbursements of counsel for the Company; blue sky fees and expenses; and the expense of any special audits incident to or required by any such registration (but excluding the compensation of regular employees of the Company which shall be paid in any event by the Company); and "Selling Expenses" shall mean all underwriting discounts and selling commissions applicable to the sales. The Company will pay all Registration Expenses in connection with the registration pursuant to Section 9.3Subsection 7.3(c). All Selling Expenses in connection with each registration pursuant to this Section 9.3 Subsection 7.3(c) shall be borne by the Company and the selling shareholders pro rata in proportion to the securities covered thereby being sold by them.