Costs of Preparation Clause Samples

The "Costs of Preparation" clause defines which party is responsible for bearing the expenses incurred in preparing, negotiating, and finalizing the agreement. Typically, this clause states that each party will cover its own legal and administrative costs, regardless of whether the contract is ultimately executed. By clearly allocating responsibility for these preliminary costs, the clause helps prevent disputes over reimbursement and ensures that both parties understand their financial obligations during the contract formation process.
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Costs of Preparation. The Parties hereto shall pay their own respective legal costs incurred in the preparation of this Agreement.
Costs of Preparation. The Company shall bear the costs of the preparation and filing of its returns, including the fees of the independent public accounting firm. (d) The provisions of this Article VIII will survive the termination of the Company or the termination of any Member’s interest in the Company and will remain binding on the Member for the period of time necessary to resolve with the IRS or other federal tax agency any and all federal income tax matters relating to the Company that are subject to Code Sections 6221 through 6233.
Costs of Preparation. All costs associated with the preparation, development, or submission of bids or other offers will be borne by the offeror. The State will not reimburse any offeror for such costs.
Costs of Preparation. The Company shall bear the costs of the preparation and filing of its returns, including the fees of the independent public accounting firm.
Costs of Preparation. Each of the Parties herein undertakes to bear its own costs in relation to and arising from the preparation and execution of this Agreement.
Costs of Preparation. The Parties hereto shall pay their own respective legal costs incurred in the preparation of this Agreement. ** Portions of the Exhibit have been omitted and have been filed separately pursuant to an application for confidential treatment filed with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
Costs of Preparation. Each of the Parties hereto shall be responsible for and shall pay all of its own administrative expenses incurred in connection with the negotiation, preparation, and finalization of this Agreement, including, without limitation, all legal fees and other expenses incident to the negotiation, preparation, and execution of this Agreement.
Costs of Preparation. Except as otherwise provided in Section 7.3 of this Agreement, the preparation of all Company books, records, accounts, and reports shall be at the expense of the Company.
Costs of Preparation. The costs of preparing and maintaining all books, accounts and records in accordance with Clause 6.3 shall be charged as the Company’s expenditure.
Costs of Preparation. The Qualified Contractor shall be solely responsible for the costs incurred in the preparation of a response to this RFP. Noted and understood.