Common use of Expenses and Liabilities Clause in Contracts

Expenses and Liabilities. Any fees, costs, expenses or Liabilities incurred by the Equityholder Representative in connection with the performance of its duties under this Agreement or any Ancillary Agreement shall not be the personal obligation of the Equityholder Representative but shall be payable by and attributable to the Company Shareholders (in accordance with their respective Pro Rata Share). The Equityholder Representative may from time to time submit invoices to the Company Shareholders covering such fees, costs, expenses or Liabilities and, upon the request of any Company Equityholder, shall provide such Company Equityholder with an accounting of all fees, costs, expenses or Liabilities paid.

Appears in 1 contract

Sources: Merger Agreement (Enpro Industries, Inc)

Expenses and Liabilities. Any fees, costs, expenses or Liabilities incurred by the Equityholder Representative in connection with the performance of its duties under Table of Contents this Agreement or any Ancillary Agreement shall not be the personal obligation of the Equityholder Representative but shall be payable by and attributable to the Company Shareholders Equityholders (in accordance with their respective Pro Rata Share). The Equityholder Representative may from time to time submit invoices to the Company Shareholders Equityholders covering such fees, costs, expenses or Liabilities and, upon the request of any Company Equityholder, shall provide such Company Equityholder with an accounting of all fees, costs, expenses or Liabilities paid.

Appears in 1 contract

Sources: Merger Agreement (RPX Corp)