Common use of Responsibility for Expenses Clause in Contracts

Responsibility for Expenses. (a) Expenses Incurred on or Prior to Distribution Date. Subject to the provisions of Section 8.05(c) below and except as otherwise set forth in this Agreement or any Ancillary Agreement, all costs and expenses incurred on or prior to the Distribution Date (whether or not paid on or prior to the Distribution Date) in connection with the preparation, execution, delivery and implementation of this Agreement and any Ancillary Agreement, the Information Statements and the Distribution, and the consummation of the transactions contemplated hereby and thereby shall be charged to and paid by ADA-ES; and, ADA-ES shall be solely responsible and liable for any expenses, fees, or other costs that it separately and directly incurs in connection with any of the transactions contemplated under this Agreement or any of the Ancillary Agreements.

Appears in 3 contracts

Samples: Distribution Agreement (Ada-Es Ing), Distribution Agreement (Ada-Es Inc), Distribution Agreement (Earth Sciences Inc)

AutoNDA by SimpleDocs

Responsibility for Expenses. (a) Expenses a)Expenses Incurred on or Prior to Distribution Date. Subject to the provisions of Section 8.05(c) below and except as otherwise set forth in this Agreement or any Ancillary Agreement, all costs and expenses incurred on or prior to the Distribution Date (whether or not paid on or prior to the Distribution Date) in connection with the preparation, execution, delivery and implementation of this Agreement and any Ancillary Agreement, the Information Statements and the Distribution, and the consummation of the transactions contemplated hereby and thereby shall be charged to and paid by ADA-ES; and, ADA-ES shall be solely responsible and liable for any expenses, fees, or other costs that it separately and directly incurs in connection with any of the transactions contemplated under this Agreement or any of the Ancillary Agreements.

Appears in 1 contract

Samples: Distribution Agreement (Earth Sciences Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.