Examples of Qualified expenses in a sentence
On or prior to each December 1, the Master Property Manager will submit to the Agent and the Valuation Agent a proposed annual budget setting forth the expected annual and monthly Qualified Expenses for each Property, individually, and all Properties, in the aggregate.
Landlord shall reimburse Tenant for any actual, out-of-pocket costs and expenses which constitute Qualified Expenses paid by Tenant for the Tenant Improvements up to the amount of the Tenant Improvement Allowance.
At any time prior to the 10th day prior to the 18-month anniversary of the date hereof (such 18-month anniversary being the “Partial Redemption Date”), upon prior approval of the Board of Directors, the Corporation may withdraw funds from the Redemption Account to pay Qualified Expenses.
Subject to the provisions of the Lease, the Tenant Improvement Allowance shall be used to pay for any actual, out-of-pocket costs and expenses incurred in connection with the design and engineering work performed by Tenant under Section 2.5.1(a) above and for the permitting and construction of the Tenant Improvements pursuant to the Plans and Specifications performed by Tenant pursuant to Section 2.5.1(b) above, provided that such costs and expenses are deemed Qualified Expenses.
SupportSoft will provide Program Support Funds (“PSF Funds”) to reimburse certain Qualified Expenses (as defined below) incurred by Office Depot in marketing the Services; provided that (i) the branding requirements defined in Exhibit A Section 2 are maintained, and (ii) Office Depot has submitted appropriate documentation and receipts for such Qualified Expenses no later than fifteen (15) days after the end of the calendar quarter in which such Qualified Expenses were incurred.