Mediator's Costs to be Borne Equally Sample Clauses

Mediator's Costs to be Borne Equally the mediator's costs are to be paid equally by the parties and the parties will be jointly and severally liable to the mediator for such costs. This clause 21.4(h) confers a benefit or right on the mediator and is intended to be enforceable by the mediator under the Contracts (Privity) Act 1982; and
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Related to Mediator's Costs to be Borne Equally

  • Compensation; Payment of Fees and Expenses As compensation for the performance of the Administrator’s obligations under this Agreement, the Administrator shall be entitled to receive $2,500 annually, which shall be solely an obligation of the Servicer; provided, however, notwithstanding the foregoing, such compensation shall in no event exceed the Servicing Fee for the related annual period. The Administrator shall pay all expenses incurred by it in connection with its activities hereunder.

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