Expenses of the Transactions Clause Samples

The "Expenses of the Transactions" clause defines which parties are responsible for paying the costs associated with completing the transaction. Typically, it specifies whether each party will bear its own expenses, or if certain costs—such as legal fees, filing fees, or due diligence expenses—will be shared or allocated in a particular way. This clause ensures clarity and prevents disputes by explicitly stating who pays for what, thereby allocating financial responsibility and avoiding misunderstandings over transaction-related costs.
Expenses of the Transactions. The Buyer shall be responsible for paying all expenses of this transaction, including but not limited to any filing fees, legal fees not to exceed $5,000 (Five Thousand Dollars), accounting fees, escrow agent fees, printing expenses, certificate engraving fees and transfer fees.
Expenses of the Transactions. Whether or not the transactions ---------------------------- contemplated hereby are consummated, (i) Buyer will pay the fees, expenses and disbursements of Buyer and their representatives which are incurred in connection with the subject matter of this Agreement and any amendments to this Agreement, including all costs and expenses incurred in the performance of and compliance with all conditions to be performed by Buyer under this Agreement, and (ii) the Sellers, jointly and severally, will pay from personal funds, and not from funds of the Company, (A) all fees, expenses and disbursements incurred by them, their representatives, or the Company, including without limitation the fees and expenses of accountants and legal counsel incurred in connection with the transactions contemplated hereby (except to the extent such fees and expenses have been paid by the Company on or prior to the Closing) and (B) any late fees, prepayment penalties or other charges beyond principal and interest with respect to indebtedness required to be terminated by this Agreement.
Expenses of the Transactions. Except for the Expense Reimbursement, each of the Parties shall bear its own fees and expenses incident to this Agreement, the other Transaction Documents and all of the contemplated Transactions. The Seller Parties and the Buyer Parties each agree that the other set of Parties will not assume any Liability to pay fees and expenses of the other in connection with the Transactions, except as specifically set forth herein.

Related to Expenses of the Transactions

  • Expenses of the Trust Subject to Article IV, Section 5, the Trustees shall have the power and authority to cause the Trust (or to act on behalf of the Trust) to directly or indirectly through contractual arrangements, or to reimburse the Trustees from the Trust Property, for their expenses and disbursements, including, but not limited to, interest charges, taxes, brokerage fees and commissions; expenses of pricing Trust portfolio securities; expenses of sale, addition and reduction of Shares; insurance premiums; applicable fees, interest charges and expenses of third parties, including the Trust’s investment advisers, managers, administrators, distributors, custodians, transfer agents, shareholder servicing agents and fund accountants; fees of pricing, interest, dividend, credit and other reporting services; costs of membership in trade associations; telecommunications expenses; funds transmission expenses; auditing, legal and compliance expenses; costs of forming the Trust and maintaining their existence; costs of preparing and printing the prospectuses, statements of additional information and Shareholder reports of the Trust and delivering them to Shareholders; expenses of meetings of Shareholders and proxy solicitations therefor; costs of maintaining books and accounts; costs of reproduction, stationery and supplies; fees and expenses of the Trustees; compensation of the Trust’s officers and employees and costs of other personnel performing services for the Trust; costs of Trustee meetings; Commission registration fees and related expenses; registration fees and related expenses under state or foreign securities or other laws; and for such non-recurring items as may arise, including litigation to which the Trust (or a Trustee or officer of the Trust acting as such) is a party, and for all losses and liabilities by them incurred in administering the Trust. The Trustees shall have a lien on the assets belonging to the Trust, prior to any rights or interests of the Shareholders thereto, for the reimbursement to them of such expenses, disbursements, losses and liabilities authorized to be paid or reimbursed pursuant to this Section. This Article shall not preclude the Trust from directly paying any of the aforementioned fees and expenses.