Payment of Seller's Attorney's Fees
Payment of sellers attorneys fees
Many common contracts contain clauses that require the buyer to pay for any attorney's fees that the seller incurs as the result of litigation brought on by the buyer. Payment of seller's attorney's fees are commonly required of buyers if they default or breach the contract. The goal is to provide the buyer with an incentive to adhere to the terms of the contract and to protect the buyer from court fees in the event of a buyer’s breach.
Sample – Satellite TV Purchase Agreement:
In the event you default on the terms of this agreement, you agree to pay to COMPANY all costs, fees and expenses including reasonable attorney’s fees.