Common use of Administration Expenses Clause in Contracts

Administration Expenses. The Company agrees to pay any Administration Expenses to the County when and as they shall become due, but in no event later than the date which is the earlier of any payment date expressly provided for in this Fee Agreement or the date which is forty-five (45) days after receiving written notice from the County, accompanied by such supporting documentation as may be necessary to evidence the County’s or Indemnified Party’s right to receive such payment, specifying the nature of such expense and requesting payment of same. Notwithstanding anything to the contrary contained in this Fee Agreement, the Company’s responsibility to pay Administration Expenses incurred by the County in connection with the initial drafting, negotiation and passage of this Fee Agreement and all associated documents (including, without limitation, the hereinafter defined Inducement Agreement) shall not exceed $5,000.

Administration Expenses. ‌ The Company agrees to pay any Administration Expenses to the County when and as they shall become due, but in no event later than the date which is the earlier of any payment date expressly provided for in this Fee Agreement or the date which is forty-five (45) days after receiving written notice from the County, accompanied by such supporting documentation as may be necessary to evidence the County’s or Indemnified Party’s right to receive such payment, specifying the nature of such expense and requesting payment of same. Notwithstanding anything to the contrary contained in this Fee Agreementforegoing, the Company’s responsibility Company shall not be obligated to pay or reimburse Administration Expenses incurred by the County County, including but not limited to attorneys’ fees and costs, in connection with the initial draftingnegotiation, negotiation preparation, review and passage approval of this Fee Agreement and all associated related documents (including, without limitation, in an amount in excess of $5,000 in the hereinafter defined Inducement Agreement) shall not exceed $5,000aggregate.

Administration Expenses. The Company agrees to pay any Administration Expenses to the County when and as they shall become due, but in no event later than the date which is the earlier of any payment date expressly provided for in this Fee Agreement or the date which is forty-five (45) days after receiving written notice from the County, accompanied by such supporting documentation as may be necessary to evidence the County’s or Indemnified Party’s right to receive such payment, specifying the nature of such expense and requesting payment of same. Notwithstanding anything to the contrary contained in this Fee Agreementforegoing, the Company’s responsibility Company shall not be obligated to pay or reimburse Administration Expenses incurred by the County County, including but not limited to attorneys’ fees and costs, in connection with the initial draftingnegotiation, negotiation preparation, review and passage approval of this Fee Agreement and all associated related documents (including, without limitation, in an amount in excess of $5,000 in the hereinafter defined Inducement Agreement) shall not exceed $5,000aggregate.