Common use of BROKERAGE COMMISSIONS AND OTHER FEES Clause in Contracts

BROKERAGE COMMISSIONS AND OTHER FEES. Seller hereby represents and warrants that neither the Seller nor the Company has incurred any liability for, nor knows of any person or entity entitled to, any commission or finder's fee in connection with this Agreement or the transactions contemplated herein. Purchaser hereby represents and warrants that Purchaser has not incurred any liability for, and does not know of any person or entity entitled to, any commission or finder's fee in connection with this Agreement or the transactions contemplated herein. Each Party shall be responsible for all costs, fees and expenses (including attorney and accountant fees and expenses) paid or incurred by such Party, and Seller shall be responsible for all costs, fees and expenses paid or incurred by the Seller or the Company, in connection with the preparation, negotiation, execution, delivery and performance of this Agreement, or otherwise in connection with the transactions contemplated hereby, except that the Company shall pay all the reasonable accounting and auditing costs of its outside accountants necessary to consummate the transactions contemplated herein, including the costs of the preparation of any financial statements required to be delivered under the terms of this Agreement.

Appears in 1 contract

Sources: Stock Transfer Agreement (Innovative Valve Technologies Inc)

BROKERAGE COMMISSIONS AND OTHER FEES. Seller Sellers hereby represents represent and warrants warrant that neither the Seller Sellers nor the Company has incurred any liability for, nor knows of any person or entity entitled to, any commission or finder's fee in connection with this Agreement or the transactions contemplated herein. Purchaser hereby represents and warrants that Purchaser has not incurred any liability for, and does not know of any person or entity entitled to, any commission or finder's fee in connection with this Agreement or the transactions contemplated herein. Each Party shall be responsible for all costs, fees and expenses (including attorney and accountant fees and expenses) paid or incurred by such Party, and Seller Sellers shall be responsible for all costs, fees and expenses paid or incurred by the Seller Sellers or the Company, in connection with the preparation, negotiation, execution, delivery and performance of this Agreement, or otherwise in connection with the transactions contemplated hereby, except that the Company shall pay all the reasonable accounting and auditing costs of its outside accountants necessary to consummate the transactions contemplated herein, including the costs of the preparation of any financial statements required to be delivered under the terms of this Agreement and reasonable expenses for travel, meals, lodging and other reasonable incidental expenses related to the preparation, negotiation, execution, delivery and performance of this Agreement.

Appears in 1 contract

Sources: Stock Purchase Agreement (Innovative Valve Technologies Inc)