Cost of Operations. Except as expressly provided herein, all costs and expenses of whatever kind or nature incurred by either party hereto in the conduct of its operations or the performance of its responsibilities in connection with or pursuant to this Agreement shall be for the account of and shall be paid by such party, and such party shall not be entitled to reimbursement therefore from the other party hereto, whether upon the expiration or earlier termination of this Agreement or otherwise.
Cost of Operations. 14 7.1 AUTHORITY ACCOUNT 14 7.2 COSTS OF AUTHORITY 14 7.3 COMMINGLING OF FUNDS 14 7.4 MINIMUM FEE PAYABLE 14 7.5 REQUISITIONS 15 7.6 INTEREST INCOME 15
Cost of Operations. TWG International shall be solely responsible for all costs of operating TWG Finance, TWG International and TWG International's direct and indirect Subsidiaries. In addition, TWG International shall be responsible for costs of administration of TWG in the sum of $25,000 per month, through June 30, 1999, and for one hundred percent of such costs of administration from the earlier of (a) the date TWG no longer has adequate cash from its business operations in Louisiana to pay such costs, or (b) after June 30, 1999. TWG shall be solely responsible for (a) costs associated with its existing operations in the United States, (b) costs of administration of TWG in excess of $25,000 per month through the earlier of June 30, 1999 or the date TWG no longer has adequate cash from its business operations in Louisiana to pay such costs. Income generated from the Bishkek Facility, as well as cage cash in Louisiana and Bishkek and assets located in Louisiana subject to the security interest herein on the Collateral shall not be used to fund administrative costs. Cost of administration refers to all costs associated with the TWG corporate headquarters in New York and London, including rent and salaries and expenses of all officers and employees at such location (or any successor location). Nothing herein shall prohibit TWG International from reimbursing TWG as to costs incurred in the acquisition of the Czech Casinos, this Indenture, the Czech Indenture and the Funding Indenture, up to the sum of $250,000 at the closing of the Czech Indenture, or directly paying all unpaid costs related to those transactions.
Cost of Operations. TWG International shall be solely responsible for all costs of operating TWG Finance, TWG International and TWG International's direct and indirect Subsidiaries. In addition, TWG International shall be responsible for costs of administration of TWG in the sum of $25,000 per month, through June 30, 1999, and for one hundred percent of such costs of administration upon the earlier of (a) the inability of TWG to pay such costs from income from its business operations in Louisiana, or (b) after June 30, 1999. TWG shall be solely responsible for (a) costs associated with its existing operations in the United States, (b) to the extent it has income from operations, costs of administration of TWG in excess of $25,000 per month through June 30, 1999, and (c) for no costs of administration from the earlier of (i) the date TWG no longer has adequate cash from its business operations in Louisiana to pay such costs, or (ii) June 30, 1999. Income generated from the Bishkek Facility shall not be used to fund administrative costs. Costs of administration refer to all costs associated with the TWG corporate headquarters in New York and London, including rent and salaries and expenses of all officers and employees at such location (or any successor location). Income from Bishkek, from Cage Cash in the Louisiana and Bishkek casinos and collateral pledged to the holders of the $4.8 million Senior Secured Notes of TWG and Trans World Gaming of Louisiana, Inc. due December 31, 2005 shall not be utilized to fund the costs of administration.
Cost of Operations. Except as otherwise expressly set forth in this License, Licensees shall be responsible for any and all costs and expenses associated with Licensees’ operations upon the Licensed Premises.
Cost of Operations. The City shall bear the entire cost of its operations on the Premises, including utility bills, general maintenance costs, and other taxes and fees related to its occupancy of the Premises, including all possessory interest taxes that may be imposed.
Cost of Operations. SECTION 3.16 Reserved. . . . . . . . . . . . . . . . . . . . . . . 21 SECTION 3.17 Waiver of Stay, Extension or Usury Laws . . . . . . . 21 SECTION 3.18 Bishkek Note. . . . . . . . . . . . . . . . . . . . . SECTION 3.19
Cost of Operations. Lessee further agrees to pay as additional rent, within TEN (10) DAYS of presentation of a xxxx therefor, FORTY-THREE PERCENT (43%) of Lessor's cost for operating the common area of the Property, including, but not limited to painting, lighting, policing, replacement, resurfacing, maintenance, repair, cleaning, and landscaping of the parking area, walks and ways, building exterior, signage, exterminating, inspections, management fees and any other costs of operating and maintaining the Property, utility lines, and local or municipal fire protection or hydrant charges, but not snow removal. Lessee shall be responsible for its own snow removal, unless it desires to engage Lessor's contractor, in which event it will pay as additional rent 43% of Lessor's cost for snow removal. Lessor shall in no event charge as Lessee's share of Lessor's cost of operations under this paragraph e for any one (1) year an amount that exceeds by more than ten percent (10%) an amount equal to forty-three percent (43%) of the average of Lessor's cost of operations (computed in accordance with this paragraph e) for the previous three (3) years. Lessor, within forty-five days following the end of each year of the term of this Lease, shall supply to Lessee an annual reconciliation of all additional rent charges. Lessee reserves the right to have its auditors review the books and records of Lessee with respect to items of additional rent for the purpose of verifying amounts of additional rent billed to Lessee, and if it is found by the auditors that additional rent is overstated by five percent (5%), then the reasonable cost of the audit shall be borne by Lessor.
Cost of Operations. The Association shall bear the entire cost and expense incurred by Manager in connection with the management, operation, maintenance and repair or replacement of the Managed Elements. The Association shall also bear the cost of acquiring and maintaining pool chairs and lounges and other inventory for the Resort Pool consistent with the Hotel Standards.
Cost of Operations. The Cost of Operations reflected on Exhibit 1.1.1 as a pre-determined percentage of Net Sales cover, and fully compensate IVP for the following costs and expenses with respect to the Net Sales:
