Current Expenses Sample Clauses

Current Expenses. The Company will pay all costs and expenses of operation, maintenance and upkeep of the Project including without limitation all taxes, excises and other governmental charges lawfully levied thereon or with respect to the Company's interest therein or use thereof. It shall not be a breach of this Section if the Company fails to pay any such taxes or charges during any period in which the Company shall in good faith be diligently contesting the validity or amount thereof.
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Current Expenses. The Company shall pay in a timely manner all costs of maintaining and operating the Project Facilities, including without limitation all taxes, excises and other governmental charges lawfully levied thereon or with respect to its interests therein or use thereof to the extent of the Company's interest therein. It shall not be a breach of this section if the Company fails to pay any such costs, taxes or charges during any period in which the Company shall in good faith be contesting the validity or amount thereof and no foreclosure proceedings have been commenced, unless the procedures applicable to such contest require payment thereof and proceedings for their refund or abatement.
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Current Expenses. The Borrower shall pay in a timely manner all costs of maintaining and operating the Project, including without limitation all taxes, excises and other governmental charges lawfully levied thereon or with respect to its interests therein or use thereof. It shall not be a breach of this section if the Borrower fails to pay any such costs, taxes or charges during any period in which the Borrower shall in good faith be contesting the validity or amount thereof and no foreclosure proceedings have been commenced, unless the procedures applicable to such contest require payment thereof and proceedings for their refund or abatement. 507.
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Current Expenses. The Company shall reimburse, or pay directly, at the Closing up to $7,500 in the aggregate, $4,000 of which is acknowledged as received by the Investor, (i) counsel’s fees of one firm designated by the Investor incurred in connection with the negotiation, preparation, and closing of this Agreement and the other agreements to be executed in connection herewith (the “Documents”), (ii) such counsel’s reasonable out of pocket expenses and (iii) other out-of-pocket expenses incurred by the Investor in connection with the negotiation of the terms of the transactions contemplated herein and due diligence of the Company and the Subsidiaries and their respective management. When requested by the Investor, the Company shall pay these fees directly; otherwise the Company must make immediate payment for reimbursement to the Investor for such fees and expenses immediately upon written notice by the Investor or the submission of an invoice by the Investor. If the Company fails to reimburse the Investor in full within three (3) Business Days of the written notice or submission of invoice by the Investor, the Company shall pay interest on the total amount of fees to be reimbursed at a rate of twenty-five percent (25.00%) per annum. Unless otherwise provided in this Agreement, each party shall bear its own expenses in performing this Agreement.
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Current Expenses. Expenses concerning the use and consumption of the unit for the lease period, in particular fuel, lubricants, water, electric power, expenses for port, customs, mooring and berthing fees, including in private marinas, as well as expenses for the use for onboard radio and phone devices, and any administrative penalties and fines, are to be borne by the Lessee. The amount of any expenses not yet quantifiable by the end of the lease shall be paid by the Lessee on the basis of an estimation by the Lessor, at the latter's discretion. Such expenses shall be subsequently documented by the Lessor.
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Current Expenses. The Borrower will pay all costs and expenses of operation, maintenance and upkeep of the Project including without limitation all taxes, excises and other governmental charges lawfully levied thereon or with respect to the Borrower's interest therein or use thereof. It shall not be a breach of this subsection if the Borrower fails to pay any such taxes or charges during any period in which the Borrower shall in good faith be diligently contesting the validity or amount thereof, unless the procedures applicable to such contest require payment thereof and proceedings for their refund or abatement. Section 404.
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Current Expenses. The Company shall reimburse, or pay directly, at the Closing up to $30,000 in the aggregate, of which $10,000 is acknowledged as previously paid, (i) counsels' fees of one firm designated by ABS SOS-PLUS PARTNERS, LTD. (the "LEAD BUYER") incurred in connection with the negotiation, preparation, and closing of this Agreement and the other agreements to be executed in connection herewith (the "DOCUMENTS"), (ii) such counsels' reasonable out of pocket expenses and (iii) other out-of-pocket expenses incurred by the Lead Buyer or the Collateral Agent incurred in connection with the negotiation of the terms of the transactions contemplated herein and due diligence of the Company, its Subsidiaries and their respective management. When requested by the Lead Buyer the Company shall pay these fees directly, otherwise the Company must make immediate payment for reimbursement to the Lead Buyer for such fees and expenses immediately upon written notice by the Lead Buyer or the submission of an invoice by the Lead Buyer. If the Company fails to reimburse the Lead Buyer in full within three (3) business days of the written notice or submission of invoice by the Lead Buyer, the Company shall pay interest on the total amount of fees to be reimbursed at a rate of eighteen percent (18%) per annum. Unless otherwise provided in this Agreement, each party shall bear its own expenses in performing this Agreement.
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Current Expenses. The Borrower shall reimburse, or pay directly, at the Closing up to $25,000 in the aggregate for fees in connection herewith.
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Current Expenses. The Borrower shall pay in a timely manner ----------- ---------------- all costs of maintaining and operating the Project, including without limitation all taxes, excises and other governmental charges lawfully levied thereon or with respect to its interests therein or use thereof to the extent of the Borrower's interests therein. It shall not be a breach of this section if the Borrower fails to pay any such costs, taxes or charges during any period in which the Borrower shall in good faith be contesting the validity or amount thereof and no foreclosure proceedings have been commenced, unless the procedures applicable to such contest require payment thereof and proceedings for their refund or abatement, but the provisions of this sentence will not excuse any failure to comply with the Reimbursement Agreement in accordance with its terms.
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Related to Current Expenses

  • Patent Expenses Unless agreed otherwise, the Party filing a Patent Application will pay all preparation and filing expenses, prosecution fees, issuance fees, post issuance fees, patent maintenance fees, annuities, interference expenses, and attorneys’ fees for that Patent Application and any resulting Patent(s). If a license to any CRADA Subject Invention is granted to Collaborator, then Collaborator will be responsible for all expenses and fees, past and future, in connection with the preparation, filing, prosecution, and maintenance of any Patent Applications and Patents claiming exclusively licensed CRADA Subject Inventions and will be responsible for a pro-rated share, divided equally among all licensees, of those expenses and fees for non-exclusively licensed CRADA Subject Inventions. Collaborator may waive its exclusive option rights at any time, and incur no subsequent financial obligation for those Patent Application(s) or Patent(s).

  • Additional Expenses The Underwriter will pay all expenses (e.g., shipping, postage and courier costs) associated with the delivery of the Prospectus to prospective investors and investors, other than the costs of delivery to the Underwriter's facilities, provided, that if courier services (other than overnight delivery services utilized in the ordinary course of business) are required to ensure that the Prospectus is delivered to investors on the day immediately preceding the Closing Date, the Company will pay such courier expenses. If the foregoing is in accordance with your understanding of our agreement, please sign and return to the undersigned a counterpart hereof, whereupon this letter and your acceptance shall represent a binding agreement between the Underwriter and the Company. Very truly yours, PAINEWEBBER INCORPORATED By:____________________________ Name: Title: The foregoing Agreement is hereby confirmed and accepted as of the date hereof. GE CAPITAL MORTGAGE SERVICES, INC. By:____________________________ Name: Title:

  • Trust Expenses Expenses incident to the Trust's performance of its duties and obligations under this Agreement include, but are not limited to, the costs of:

  • COMMON EXPENSES Seller warrants to Buyer that the common expenses presently payable to the Condominium Corporation in respect of the Property are approximately $ ............................... per month, which amount includes the following: ................................................................ ................................................................................................................................................................................................................ ................................................................................................................................................................................................................

  • Company Expenses Subject to the limitations described below, the Company agrees to pay all costs and expenses incident to the Offering, whether or not the transactions contemplated hereunder are consummated or this Agreement is terminated, including expenses, fees and taxes in connection with: (a) the registration fee, the preparation and filing of the Registration Statement (including without limitation financial statements, exhibits, schedules and consents), the Prospectus, and any amendments or supplements thereto, and the printing and furnishing of copies of each thereof to the Dealer Manager and to Participating Dealers (including costs of mailing and shipment); (b) the preparation, issuance and delivery of certificates, if any, for the Offered Shares, including any stock or other transfer taxes or duties payable upon the sale of the Offered Shares; (c) all fees and expenses of the Company’s legal counsel, independent public or certified public accountants and other advisors; (d) the qualification of the Offered Shares for offering and sale under state laws in the states, including the Qualified Jurisdictions, that the Company shall designate as appropriate and the determination of their eligibility for sale under state law as aforesaid and the printing and furnishing of copies of blue sky surveys; (e) filing for review by FINRA of all necessary documents and information relating to the Offering and the Offered Shares (including the reasonable legal fees and filing fees and other disbursements of counsel relating thereto); (f) the fees and expenses of any transfer agent or registrar for the Offered Shares and miscellaneous expenses referred to in the Registration Statement; (g) all costs and expenses incident to the travel and accommodation of the Advisor’s personnel, and the personnel of any sub-advisor designated by the Advisor and acting on behalf of the Company, in making road show presentations and presentations to Participating Dealers and other broker-dealers and financial advisors with respect to the offering of the Offered Shares; and (h) the performance of the Company’s other obligations hereunder. Notwithstanding the foregoing, the Company shall not directly pay, or reimburse the Advisor for, the costs and expenses described in this Section 3.1 if the payment or reimbursement of such expenses would cause the aggregate of the Company’s “organization and offering expenses” as defined by FINRA Rule 2310 (including the Company expenses paid or reimbursed pursuant to this Section 3.1, all items of underwriting compensation including Dealer Manager expenses described in Section 3.2 and due diligence expenses described in Section 3.3) to exceed 15.0% of the gross proceeds from the sale of the Primary Shares.

  • Relocation Expenses 19841 Provides relocation expenses for involuntary transfer or promotion requiring a change in residence.

  • 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.

  • of-Pocket Expenses In addition to the above fee-schedule, Out-of-Pocket expenses will be charged as incurred. These charges would include but are not limited to: Securities pricing Custom electronic interfaces and/or programming beyond normal and customary system development associated with conversion. Local taxes, stamp duties or other assessments, including stock exchange fees, postage and insurance for shipping, facsimile reporting, extraordinary telecommunications fees or other unusual expenses, which are unique to a country in which the Funds are investing. See Second Amendment, dated 9/5/08

  • ALPS Compensation; Expenses (a) ALPS will bear all expenses in connection with the performance of its services under this Agreement, except as otherwise provided herein. ALPS will not bear any of the costs of Fund personnel. Other Fund expenses incurred shall be borne by the Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares for sale in the various states in which the officers of the Fund shall determine it advisable to qualify such Shares for sale (including registering the Fund as a broker or dealer or any officer of the Fund as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund shares; administration, transfer agency, and custodial expenses; interest; Fund directors’ or trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Fund existence; printing and delivery of materials in connection with meetings of the Fund’s directors or trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials, and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the U.S. Securities and Exchange Commission (the “SEC”).

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

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