Common use of Description of Expenses Clause in Contracts

Description of Expenses. All expenses incurred by Company in complying with any of the foregoing provisions of this Agreement, including, without limitation, all federal and state registration, qualification and filing fees, fees of any exchange or other trading market on which the Registrable Shares may be listed or admitted to trading, printing expenses, any premium involved in securing a policy or policies of registration insurance, fees and disbursements of counsel for the Company and accountants' fees and expenses incident to or required by any such registration, and any fees and disbursements or underwriters which are customarily paid or reimbursed by issuers of Shares are herein called "Registration Expenses," which shall be borne as provided in Section 6. All underwriting discounts, selling commissions and reasonable expenses and fees of any special counsel to the selling Holders applicable to the sale of Registrable Shares by or on behalf of a Holder hereunder are herein called "Selling Expenses," which shall be borne as provided in Section 6.

Appears in 2 contracts

Sources: Registration Rights Agreement (Hostopia.com Inc.), Registration Rights Agreement (Hostopia.com Inc.)