Payments of Expenses. The Property Manager shall pay all expenses of the operation, maintenance and repair with respect to the Project contemplated by the Budget directly from the Operating Account or shall be reimbursed by the Tenants in Common, subject to the conditions set forth in Section 2, including the following: (a) costs of the gross salary and wages or proportional shares thereof, payroll taxes, worker's compensation insurance, and all other benefits of employees required to manage, operate and maintain the Project properly, adequately, safely and economically, subject to this Agreement, provided that the Property Manager shall not pay such employees in advance; (b) cost to correct the violation of any governmental requirement relating to the leasing, use, repair and maintenance of the Project, or relating to the rules, regulations or orders of the local Board of Fire Underwriters or other similar body, if such cost is not the result of the Property Manager's gross negligence or willful misconduct; (c) actual and reasonable cost of making all repairs, decorations and alterations if such cost is not the result of the Property Manager's gross negligence or willful misconduct; (d) cost incurred by the Property Manager in connection with all service agreements; (e) cost of collection of delinquent rents collected by a collection agency or attorney; (f) legal fees of attorneys; (g) cost of capital expenditures subject to the restrictions in Section 2.9 and in this Section; (h) cost of printed checks for each account required by the Tenants in Common; (i) cost of utilities; (j) cost of advertising; (k) cost of printed forms and supplies required for use at the Project; (l) management compensation set forth in Section 9; (m) the cost of tenant improvements to the Project; (n) all hiring, relocation and termination costs for any employee, including those individuals whose salaries and benefits are paid by the Tenants in Common; (o) broker commissions; (p) debt service; (q) the cost of services, contractors and insurance; (r) reimbursement of the Property Manager's out-of-pocket costs and expenses to the extent not prohibited by Section 8; (s) general accounting and reporting services within the reasonable scope of the Property Manager's responsibility to the Tenants in Common; (t) cost of forms, papers, ledgers, and other supplies and equipment used in the Property Manager's office at any location; (u) cost of electronic data processing equipment, including personal computers...
Payments of Expenses. (a) The Trust shall bear all costs and expenses of the Fund, including fees and disbursements of its counsel and auditors, in connection with the preparation and filing of any required registration statements and/or prospectuses under the Investment Company Act, the Securities Act, and all amendments and supplements thereto, and preparing and mailing annual and interim reports and proxy materials to shareholders (including but not limited to the expense of setting in type any such registration statements, prospectuses, statements of additional information, annual or interim reports or proxy materials).
Payments of Expenses. 11 5. Conditions of Underwriters’ Obligations .............................................................................................................................................. 11 6. Indemnification .................................................................................................................................................................................... 18 7. Contribution ........................................................................................................................................................................................ 20 8. Representations, Warranties and Agreements to Survive Delivery.......................................................................................................... 21
Payments of Expenses. The Company will bear and pay all costs and expenses in connection with the issuance and registration of the Common Stock, this Agreement and the preparation, printing, filing, delivery and shipping of the Prospectus and Supplements, and all costs and expenses incurred or to be incurred in connection with the sale and delivery of the Common Stock pursuant to this Agreement. The Company will pay all expenses for the registration of the shares of Common Stock in such state jurisdictions that you may reasonably request.
Payments of Expenses. 33 Section 11.4 Amendment . . . . . . . . . . . . . . 34 Section 11.5 Waiver. . . . . . . . . . . . . . . . 34
Payments of Expenses. All costs and expenses incurred in connection with the negotiation, preparation and enforcement of this Agreement, including, without limitation, all fees and expenses of attorneys will be borne solely by the respective Party who incurred them, and the other Party will have no liability in respect to such costs and expenses.
Payments of Expenses. Section 11.3 of the Asset Purchase Agreement is hereby amended by adding the following sentence to the end of that section: "Buyer agrees to pay the reasonable attorney fees and other expenses incurred by Seller and Seller's lenders relating to the Promissory Note and related loan documents."
Payments of Expenses. It shall pay promptly when due (or before they become delinquent) all taxes, assessments, governmental charges, and levies imposed upon their respective Collateral or any income or profits therefrom, and any claims of any kind against their respective Collateral, except for taxes that are being contested in good faith by appropriate proceedings diligently conducted for which appropriate reserves have been established in accordance with GAAP and where there is no risk of liens arising on, or forfeiture of, such Collateral other than Permitted Liens.
Payments of Expenses. The Company will bear and pay all costs and expenses in connection with the issuance and registration of the Common Stock, this Agreement and the preparation, printing, filing, delivery and shipping of the Prospectus and Supplements, and all costs and expenses incurred or to be incurred in connection with the sale and delivery of the Common Stock pursuant to this Agreement. The Company will pay all expenses for the registration of the shares of Common Stock in such state jurisdictions that you may reasonably request. In the event the Offering of the Common Stock is terminated, for any reason, the Company will reimburse you only for your actual accountable out-of-pocket expenses, as described in NASD Conduct Rule 2710 and NASD Notice to Members 92-28. Additionally, the Company will pay up to $10,000 for expenses associated with the due diligence obligations of participating broker/dealers. The expense is in the aggregate regardless of the number of participating broker/dealers.
