Reimbursement of Underwriter’s Expenses Clause Example from Business Contracts

Reimbursement of Underwriter’s Expenses. If the sale of the Securities provided for herein is not consummated because any condition to the obligations of the Underwriter set forth in Section 6 hereof is not satisfied, because of any termination pursuant to Section 10 hereof (other than clauses (ii), (iii) or (vi) thereof) or because of 30 Credit Suisse Securities (USA) LLC [Pricing Date] any refusal, inability or failure on the part of the Company to perform any agreement herein or comply with any provision hereof other than by reason ...of a default by the Underwriter, the Company will reimburse the Underwriter through the Representative on demand for all reasonable out-of-pocket expenses (including reasonable fees and disbursements of counsel) that shall have been incurred by them in connection with the proposed purchase and sale of the Securities. View More