Reimbursement of the Underwriters’ Expenses Clause Example from Business Contracts

Reimbursement of the Underwriters’ Expenses. If, after the execution and delivery of this Agreement, the Shares are not delivered for any reason other than the termination of this Agreement pursuant to the fifth paragraph of Section 8 hereof or the default by one or more of the Underwriters in its or their respective obligations hereunder, the Company shall, in addition to paying the amounts described in Section 4(n) hereof, reimburse the Underwriters for all of their out-of-pocket expenses, including the fees and disbursements of their co...unsel, reasonably incurred by the Underwriters in connection with the offering of the Shares and the other transactions contemplated hereby. View More