Financial expenses Sample Clauses

Financial expenses. All interest and fees the Contractor pays in respect of loans contracted from Third Parties and advances obtained from Affiliated Companies, to the extent that such loans and advances are allocated solely to the financing of a Field’s Development Expenses, and do not exceed seventy-five percent (75%) of the total amount of these Development Expenses. These loans and advances shall be submitted for administration approval under the conditions provided in article 72.3 of the Petroleum Code, except as otherwise provided in article 17.4.c) of this Agreement. Where the financing has been provided by Affiliated Companies, the eligible interest rates must not exceed the rates normally used in the international financial markets for similar loans.
AutoNDA by SimpleDocs
Financial expenses. The interest and banking fees pertaining to the capital placed by Third Parties at the disposal of the Contractor to cover a fraction of the investment costs for development of the Commercial Deposits and transport of their production to Senegal to the Delivery Point corresponding to the fixed assets, in so far as they do not exceed the normal rates in use on the international financial markets for similar­type loans; as well as, notwithstanding Article 8.2 of the General Tax Code, the interest and banking fees used for associates or the Affiliated Companies by way of amounts that they place at the disposal of the Contractor in addition to their capital share, if these amounts are assigned to cover a reasonable co­payment of the development investment costs of the Commercial Deposits and transport of their production to Senegal to the Delivery Point corresponding to fixed assets and if the interest rates do not exceed the rates mentioned above. Debts incurred abroad shall be reported beforehand to the Minister.
Financial expenses. All charges, fees and stamp duties (including legal fees) accruing in connection with the conclusion, implementation and enforcement of this AGREEMENT shall be paid by KBI on demand (or in the case of stamp duties) promptly and in any event before any interest or penalty becomes payable.
Financial expenses. Commission fee for Withdrawal of amount deposited in non-cash way   of deposit principal amount Commission fee for Withdrawal of interest accrued to the deposit amount   of accrued interest amount Other Contractual Information Conclusion date of the Agreement:   Term of effectiveness of the Agreement:   Amount and currency of the deposit   Interest accrued on the deposit amount withdrawn before the term within the first calendar month: 0%. Penalty for premature termination: 0.25% After the first calendar month and within two-month period interest rate of the saving deposit shall be accrued After three calendar months - interest of the relevant maturity flex deposit. The client has right to terminate the agreement before the term Your deposit is insured in the scope of deposits insurance system, created on the grounds of the Georgian act about deposits insurance system In case of change of the significant terms of the agreement, the client will be informed at least 2 (two) months before the change, in case of increasement of price of another financial product - at least one month in advance by written / e-mail / Internet Banking / short text message The client has the right to file a claim in any branch, service center or head office of the bank, orally, in free written, standard written or electronic form Be acquainted with the beneficial information for consumers on the website of National Bank of Georgia: xxx.xxx.xxx.xx/xx and hot line: (+000 00) 0000 000 Flex Deposit Agreement N   date:   place:  , Georgia Name (corporate) Identification number JSC "Terabank" 000000000 Represented by following authorized person: Name, Last name:   Position:   Hereinafter referred as „Bank”. Name (corporate)/ Name, Last name:   Identification number:   Adress:   Represented by following authorized person: Name, Last name:   Personal number   Position/Title:   Telephone/E-mail:   Authorization: Notarized   y., number# , notary   Hereinafter referred as “Depositor“ and/or “Client” Chapter 1 Subject of the Agreement The depositor allocates amount into the account opened in the bank, the bank obtains ownership of the deposit amount and according to the terms of the agreement returns the deposit amount to the depositor. Herewith, without additional consent of the client, the bank has right to transfer deposit amount/primary contribution established in this agreement, from the account of the depositor opened in the ba...
Financial expenses. The combined effect of the pro forma adjustments to financial expenses consists of the following: Adjustments Year ended 31 December 2015 (USDm) As part of the 2015 Restructuring, Former TORM's debt was significantly reduced. Consequently, for pro forma presentation purposes, interest expenses are reduced to reflect that had the 2015 Restructuring occurred as of 1 January 2015 the interest-bearing debt would have been reduced to the amount of the Term Facility as at the date of the 2015 Restructuring despite the carrying amount of the debt as of 1 January 2015 being different from the carrying amount as at the date of the Restructuring. 11.0
Financial expenses. The present commercial lease is respectively granted and accepted in return for the payment of the financial expenses (setting-up costs, advance rent payments, rents and other fees) hereinafter specified.
Financial expenses. Are all the capital amortization expenses and bank or -------------------- from financial entities credits, interests, contracted by ASC BOLIVIAL LDC for the compliance and execution of the Joint Venture Contract. ===============
AutoNDA by SimpleDocs
Financial expenses. Are all the debt services for banking credits or from ------------------ financing entities hired by ASC BOLIVIA LDC for the compliance and execution of the Joint Venture Contract.
Financial expenses. If any part of the Contract Price or any Termination Value and/or corresponding added value tax payable according to this Contract, is not paid when due, at Contractor's request Commission must pay for financial expenses at the Financial Expenses Rate; expenses that will be calculated over amounts not paid and counted based on the days since the term expired until the date when the amounts are made available to Contractor. For any amount owed by the Parties in cases not expressly provided for in this Contract, by request from the other Party, the debtor Party must pay financial expenses at the Financial Expenses Rate over any amount due and not settled, since the date when it should have been paid, until the date when totally settled.

Related to Financial expenses

  • General Expenses You authorize the Manager to charge your account with your Underwriting Percentage of all expenses of a general nature incurred by the Manager and Co-Managers under the applicable AAU in connection with the Offering, including the negotiation and preparation thereof, or in connection with the purchase, carrying, marketing and sale of any securities under the applicable AAU and any Intersyndicate Agreement, including, without limitation, legal fees and expenses, transfer taxes, costs associated with approval of the Offering by the NASD and the costs of currency transactions (including forward and hedging currency transactions) entered into to facilitate settlement of the purchase of Securities permitted under Section 3.1 hereof.

  • Legal Expenses The Borrower hereby agrees to pay all reasonable fees and expenses of special counsel to the Administrative Agent incurred by the Administrative Agent in connection with the preparation, negotiation and execution of this Amendment and all related documents.

  • Professional Expenses Each calendar year during the Employment Term, the Company agrees to reimburse the Executive for up to $10,000 of reasonable professional expenses (i.e., accounting, financial planning, estate planning expenses) incurred by the Executive during such year for personal advice rendered to the Executive.

  • Medical Expenses 1. Employees exposed to hazardous physical, biological, or chemical agents shall be provided, at no cost to the employee, with medical examinations or evaluations required by VOSHA regulations. If there are no specific VOSHA regulations or standards for the agent in question, recommendations of the National Institute of Occupational Safety and Health or other generally recognized expert organization shall be used, as determined by the Commissioner of Health.

  • 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:

  • FUNERAL EXPENSES The City shall expend a sum not to exceed $30,000 for funeral expenses to the heirs of any employee covered by this MOU who dies while on active duty from injuries incurred while performing his/her job or who dies as a direct cause of such injuries. This amount includes the amount already available for this purpose in accordance with California State Labor Code Section 4701.

  • Compensation and FUND ACCOUNTING Expenses FUND ACCOUNTING shall be paid as compensation for its services pursuant to this Agreement such compensation as may from time to time be agreed upon in writing by the two parties. FUND ACCOUNTING shall be entitled, if agreed to by the Fund on behalf of the Portfolio, to recover its reasonable telephone, courier or delivery service, and all other reasonable out-of-pocket, expenses as incurred, including, without limitation, reasonable attorneys' fees and reasonable fees for pricing services.

  • Reimbursement of Legal Expenses The Company shall promptly reimburse Executive for all reasonable legal fees incurred by Executive in connection with the preparation, negotiation and execution of this Agreement and ancillary documents.

  • Legal Expense All costs of handling, investigating and settling litigation or recovering the assets, including, without limiting generality, attorney's fees, court costs, costs of investigation or procuring evidence and amounts paid in settlement or satisfaction of any litigation or claims; provided, however, that, unless otherwise approved in advance by the Management Committee, no charge shall be made for the services of the Operator's legal staff or the fees and expenses of outside solicitors.

  • Audit Costs In the event of an audit exception or exceptions related to the services provided pursuant to the terms and conditions of this Agreement, the party responsible for not meeting the requirements set forth herein shall be responsible for the deficiency and for the cost of the audit. If the allowable expenditures cannot be determined because CONTRACTOR’s documentation is nonexistent or inadequate, according to generally accepted accounting practices, the questionable cost shall be disallowed by COUNTY.

Time is Money Join Law Insider Premium to draft better contracts faster.