怎么翻译成英语:按合同约定,我们双方各承担一半(的费用)”

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怎么翻译成英语:按合同约定,我们双方各承担一半(的费用)”

According to the contract agreement,the two sides will each be responsible for half the cost

In terms of the agreement, both parties assume half of the expense.

In terms of the contract, each party undertakes half of the expense.