Common use of The Authority’s Expenses Clause in Contracts

The Authority’s Expenses. Project Co will pay the Authority’s reasonable internal administrative and personnel costs and all reasonable out-of-pocket costs in connection with a consent under Section 5.2 or 5.3. At the time of the request for such consent, Project Co will make a payment to the Authority in the amount of $50,000 (Index Linked) against its obligations under this Section 5.8. After the Authority renders its decision, the Authority will either refund any overpayment or invoice Project Co for any additional amounts owing under this Section 5.8 and Project Co will promptly pay such amount to the Authority. The amounts payable under this Section 5 are payable even if the Refinancing Gain is determined to be zero.

The Authority’s Expenses. Project Co will pay the Authority’s reasonable internal administrative and personnel costs and all reasonable out-of-pocket costs in connection with a consent under Section 5.2 or 5.3. At the time of the request for such consent, Project Co will make a payment to the Authority in the amount of $50,000 (Index Linked) against its obligations under this Section 5.8. After the Authority renders its decision, the Authority will either refund any overpayment or invoice Project Co for any additional amounts owing under this Section 5.8 and Project Co will promptly pay such amount to the Authority. The amounts payable under this Section 5 5.8 are payable even if the Refinancing Gain is determined to be zero.