Expenses Definition Example

Expenses. Means, for the purposes of this Agreement, all direct and indirect costs and expenses of any type or nature whatsoever (including, without limitation, any fees, retainers and disbursements of Indemnitee's counsel, accountants, experts, other witnesses, investigation costs, defense costs, mediation costs, arbitration costs, court costs (including appeals), costs of attachment or bonds, transcript costs, travel expenses, duplicating, printing and binding costs, telephone charges, postage,... delivery service fees and other out-of-pocket costs and expenses) actually and reasonably incurred by the Indemnitee in connection with the investigation, preparation, defense or appeal of a Proceeding; provided, however, that Expenses shall not include judgments, fines, penalties or amounts paid in settlement of a Proceeding. View More