Common expenses of the LESSEE Sample Clauses

Common expenses of the LESSEE. The Rent agreed in the Contract does not include the common expenses that will be borne exclusively by the LESSEE. The LESSEE will pay in full the proportion of the ordinary expenses related to the operation, replacement, maintenance, management, conservation and, in general, for the adequate maintenance of the Building, the Parking or the Procomunal Parking that corresponds to each of the Leased Premises, depending on the SBA and number of parking spaces occupied in each of them and in accordance with the provisions of Stipulation 7.2 below (hereinafter, The “Common Expenses”). For the purposes of the provisions of this contract, and by way of example, the following are considered Common Expenses: The LESSEE must pay all expenses corresponding to the common services and supplies of the Building, whether or not they are susceptible to individualization through meters (even if the receipts were issued in the name of the LESSOR), including the connection or coupling fee, technical bulletins that are required and the installation, maintenance and replacement of meters. The LESSEE will carry out at its cost the change of ownership of those services that were registered, where appropriate, prior to the entry into force of this Contract. Common Expenses of the Building will be considered, among others, those corresponding to: a) supplies (electricity; water; heating; air conditioning, as well as other similar or similar concepts, b) cleaning of common areas both inside and outside the Building, c) maintenance and repair of facilities and machinery of the Building, d) surveillance, security and gardening, in the Building, e) Property Tax in the proportion that applies to the LESSEE, fords, waste management and other taxes, fees or levies, f) Administration and management expenses of the Building, g) Insurance in relation to the Building, h) Cleaning and maintenance of the public square and outdoor green areas, and other common expenses of the Real Estate Complex and, i) common expenses of the Community of Owners of the Parking, in the proportion that corresponds to the number of spaces leased. During the month of April of each annuity, the LESSOR undertakes to send the LESSEE a summary of the Common Expenses of the previous year.
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Related to Common expenses of the LESSEE

  • Expenses of the Parties Except as otherwise provided herein, all expenses incurred by or on behalf of the parties hereto in connection with the authorization, preparation and consummation of this Agreement, including, without limitation, all fees and expenses of agents, representatives, counsel and accountants employed by the parties hereto in connection with the authorization, preparation, execution and consummation of this Agreement shall be borne solely by the party who shall have incurred the same.

  • Common Area Operating Expenses Lessee shall pay to Lessor during the term hereof, in addition to the Base Rent, Lessee's Share (as specified in Paragraph 1.6(b)) of all Common Area Operating Expenses, as hereinafter defined, during each calendar year of the term of this Lease, in accordance with the following provisions:

  • Ordinary Operating Expenses For purposes of this Agreement, Ordinary Operating Expenses means all expenses of the Funds other than extraordinary expenses, such as litigation, taxes and brokerage commissions.

  • Limit on Operating Expenses The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

  • Liquidation Expenses Expenses that are incurred by the Master Servicer or a Servicer in connection with the liquidation of any defaulted Mortgage Loan and are not recoverable under the applicable Primary Mortgage Insurance Policy, including, without limitation, foreclosure and rehabilitation expenses, legal expenses and unreimbursed amounts expended pursuant to Sections 9.06, 9.16 or 9.22.

  • Expenses of the Manager Without regard to and without limiting the compensation received by the Manager from the Company pursuant to this Agreement and except to the extent provided by Sections 2, 11 or 12, the Manager shall bear the following expenses incurred in connection with the performance of its duties under this Agreement:

  • Collection Expenses The Borrower further agrees, subject only to any limitation imposed by applicable law, to pay all expenses, including reasonable attorneys’ fees, incurred by the holder of this Note in endeavoring to collect any amounts payable hereunder which are not paid when due.

  • Loan Expenses Borrower agrees to pay all of the Loan Expenses. Any Loan Expenses paid by Lender shall bear interest commencing on the date demand for repayment thereof is made by Lender until repaid to Lender at the Default Rate and shall be paid by Borrower upon demand, or may be paid by Lender at any time by disbursement of proceeds of the Loan. Any Loan Expenses paid by Lender shall be reimbursed to Lender by Borrower regardless of whether there shall be any disbursements of the Loan.

  • Litigation Expenses If either party successfully seeks to enforce any provision of this Agreement or to collect any amount claimed to be due under it, this party will be entitled to reimbursement from the other party for any and all of its out-of-pocket expenses and costs including, without limitation, reasonable attorneys' fees and costs incurred in connection with the enforcement or collection.

  • Partnership Expenses (a) All of the Partnership's expenses shall be billed directly to and paid by the Partnership to the extent practicable. Reimbursements to the General Partner, or any of its Affiliates, by the Partnership shall be allowed only for the Partnership's Cash Expenses unless the General Partner is obligated to pay the same as an Operating Deficit during the Operating Deficit Guarantee Period, and subject to the limitations on the reimbursement of such expenses set forth herein. For purposes of this Section, Cash Expenses shall include fees paid by the Partnership to the General Partner or any Affiliate of the General Partner permitted by this Agreement and the actual cost of goods, materials and administrative services used for or by the Partnership, whether incurred by the General Partner, an Affiliate of the General Partner or a nonaffiliated Person in performing the foregoing functions. As used in the preceding sentence, "actual cost of goods and materials" means the actual cost of goods and materials used for or by the Partnership and obtained from entities which are not Affiliates of the General Partner, and actual cost of administrative services means the pro rata cost of personnel (as if such persons were employees of the Partnership) associated therewith, but in no event to exceed the amount which would be charged by nonaffiliated Persons for comparable goods and services.

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