Common use of Seller’s Expenses Clause in Contracts

Seller’s Expenses. The Company shall have no obligation to pay (a) any underwriting discounts or commissions or stock transfer taxes attributable to the sale of Registrable Securities, which expenses will be borne by all sellers of securities included in such registration in proportion to the aggregate selling price of the securities to be so registered, or (b) any fees or expenses of attorneys for the Holder or any other selling stockholder.

Appears in 5 contracts

Samples: Registration Rights Agreement (Digital Recorders Inc), Registration Rights Agreement (Digital Recorders Inc), Registration Rights Agreement (Digital Recorders Inc)

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