Definitive Agreements definition
Examples of Definitive Agreements in a sentence
Except as set forth in Section 15, each Party shall bear its own costs and expenses related to the negotiation, due diligence, and preparation of definitive documentation for the Transactions (including legal, accounting and other fees), unless otherwise agreed in the Definitive Agreements.
The Parties acknowledge and agree that the Mutual Reimbursement Amount is not a penalty but rather is liquidated damages in a reasonable amount that will reimburse the receiving Party for the efforts and resources expended while negotiating this Agreement and the Definitive Agreements and in reliance on such agreements and on the expectation of the consummation of the Transactions.
The Parties acknowledge and agree that the Expense Reimbursement Amount is not a penalty, but rather is liquidated damages in a reasonable amount that will reimburse Open World for the efforts and resources expended while negotiating this Agreement and the Definitive Agreements and in reliance on such agreements and on the expectation of the consummation of the Transactions.