TERMINATION BY PURCHASERS. If this Agreement shall be terminated by the Purchasers because of any failure or refusal on the part of the Company to comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason (other than those set forth in Article V) the Company shall be unable to perform its obligations under this Agreement, the Company will reimburse the Purchasers for all out-of-pocket expenses (including the fees and disbursements of counsel) reasonably incurred by such Purchasers in connection with the New Debentures. Except as provided herein, the Purchasers shall bear all of their expenses, including the fees and disbursements of counsel.
Appears in 28 contracts
Samples: Purchase Agreement (Gte California Inc), Purchase Agreement (Gte North Inc), Purchase Agreement (Verizon New York Inc)
TERMINATION BY PURCHASERS. If this Agreement shall be terminated by the Purchasers because of any failure or refusal on the part of the Company to comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason (other than those set forth in Article V) the Company shall be unable to perform its obligations under this Agreement, the Company will reimburse the Purchasers for all out-of-pocket expenses (including the fees and disbursements of counsel) reasonably incurred by such Purchasers in connection with the New DebenturesSecurities. Except as provided herein, the Purchasers shall bear all of their expenses, including the fees and disbursements of counsel.
Appears in 14 contracts
Samples: Purchase Agreement (Verizon Communications Inc), Purchase Agreement for Preferred Stock (Verizon Communications Inc), Purchase Agreement for Preferred Stock (Verizon Communications Inc)
TERMINATION BY PURCHASERS. If this Agreement shall be terminated by the Purchasers because of any failure or refusal on the part of the Company to comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason (other than those set forth in Article V) the Company shall be unable to perform its obligations under this Agreement, the Company will reimburse the Purchasers for all out-of-pocket expenses (including the fees and disbursements of counsel) reasonably incurred by such Purchasers in connection with the New DebenturesNotes. Except as provided herein, the Purchasers shall bear all of their expenses, including the fees and disbursements of counsel.
Appears in 8 contracts
Samples: Purchase Agreement for Debt Securities (Verizon Communications Inc), Purchase Agreement (Verizon Communications Inc), Purchase Agreement for Debt Securities (Verizon Communications Inc)
TERMINATION BY PURCHASERS. If this Agreement shall be terminated by the Purchasers because of any failure or refusal on the part of either of the Company Companies to comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason (other than those set forth in Article V) either of the Company Companies shall be unable to perform its obligations under this Agreement, the Company Companies will reimburse the Purchasers for all out-of-pocket expenses (including the fees and disbursements of counsel) reasonably incurred by such Purchasers in connection with the New DebenturesNotes. Except as provided herein, the Purchasers shall bear all of their expenses, including the fees and disbursements of counsel.
Appears in 3 contracts
Samples: Purchase Agreement (Verizon Global Funding Corp /De/), Purchase Agreement (Verizon Communications Inc), Purchase Agreement (Verizon Communications Inc)
TERMINATION BY PURCHASERS. If this Agreement shall be terminated by the Purchasers because of any failure or refusal on the part of the Company to comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason (other than those set forth in Article V) the Company shall be unable to perform its obligations under this Agreement, the Company will reimburse the Purchasers for all out-of-pocket expenses (including the fees and disbursements of counsel) reasonably incurred by such Purchasers in connection with the New DebenturesNotes. Except as provided herein, the Purchasers shall bear all of their expenses, including the fees and disbursements of counsel.
Appears in 2 contracts
Samples: Purchase Agreement (Verizon Communications Inc), Purchase Agreement (Verizon Communications Inc)
TERMINATION BY PURCHASERS. If this Agreement shall be terminated by the Purchasers because of any failure or refusal on the part of the Company to comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason (other -7- than those set forth in Article V) the Company shall be unable to perform its obligations under this Agreement, the Company will reimburse the Purchasers for all out-of-pocket expenses (including the fees and disbursements of counsel) reasonably incurred by such Purchasers in connection with the New Debentures. Except as provided herein, the Purchasers shall bear all of their expenses, including the fees and disbursements of counsel.
Appears in 1 contract
