Cost Overruns. In the event that the costs and expenses incurred by Borrower in completing any work which is the subject of this Agreement exceed the respective amounts allocated by Lender for such items of expense, Borrower shall be responsible for the payment (from sources other than the Property Reserves) of such excess costs and expenses.
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Samples: Property Reserves Agreement (VMS National Properties Joint Venture), Property Reserves Agreement (VMS National Properties Joint Venture), Property Reserves Agreement (VMS National Properties Joint Venture)
Cost Overruns. In the event that the costs and expenses incurred by Borrower in completing any work which is the subject of this Agreement Schedule IV exceed the respective amounts allocated by Lender for such items of expense, Borrower shall be responsible for the payment (from sources other than the Property Reserves) of such excess costs and expenses.
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Cost Overruns. In the event that the costs and expenses incurred by Borrower in completing any work which is the subject of this Agreement Schedule III exceed the respective amounts allocated by Lender for such items of expense, Borrower shall be responsible for the payment (from sources other than the Property Reserves) of such excess costs and expenses.
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