Anticipated Expenses definition

Anticipated Expenses any amounts which are necessary (x) to satisfy commitments or other arrangements of the Borrowers to purchase Portfolio Investments or Portfolio Investment Vehicles, (y) to satisfy obligations under Swap Agreements (including any applicable requirements to post collateral) or to satisfy any obligations then due and payable arising under any Indebtedness permitted to be incurred pursuant to Section 9.11, to the extent such commitments or obligations were entered into prior to the Responsible Officer of the Primary Borrower becoming aware of the requirement to make the applicable prepayment required under Section 2.1(e) or other applicable payment under this Credit Agreement, or (z) to pay other documented Borrower Expenses then due and payable.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Anticipated Expenses any amounts which are necessary (x) to satisfy commitments or other arrangements of the Borrowers or the Pledgors to purchase Fund Investments or Fund Investment Vehicles or to fund capital commitments in respect of such Fund Investments or Fund Investment Vehicles, (y) to satisfy obligations under Swap Agreements (including any applicable requirements to post collateral) or to satisfy any obligations then due and payable arising under any Indebtedness permitted to be incurred pursuant to Section 9.11, to the extent such commitments or obligations were entered into prior to the Responsible Officer of the Primary Borrower becoming aware of the requirement to make the applicable prepayment required under Section 2.1(e) or other applicable payment under this Credit Agreement, or (z) to pay other documented Borrower Expenses then due and payable.

Anticipated Expenses any amounts which are necessary (x) to satisfy existing commitments or other similar arrangements of the Borrowers to purchase Investments or to fund commitments in respect of such Investments, or (y) to satisfy any obligations then due and payable arising under any Indebtedness permitted to be incurred pursuant to Section 9.11, to the extent such commitments or obligations were entered into prior to the Responsible Officer of the Initial Borrowers becoming aware of the requirement to make the applicable prepayment required under Section 3.5(b) or other applicable payment under this Credit Agreement.

Examples of Anticipated Expenses in a sentence

• All amounts due under this Section shall be payable: (A) promptly (but not later than ten (10) Business Days after demand therefor), to the extent such funds are available in the Collateral Accounts and not intended to be used for Anticipated Expenses; and (B) promptly (but in any event within twenty (20) Business Days of demand by Administrative Agent), to the extent that it is necessary for a Fund to issue Capital Call Notices to fund such required payment.

• Expenses The following types of expenses are not reimbursable under this grant program: • Travel • Overhead • Other indirect project expenses • Costs incurred prior to this Agreement CITY OF SAN ▇▇▇▇ OBISPO, hereafter referred to as “GRANTEE” Anticipated Expenses # units (hours of staff time) Unit Cost ($) 3CE Other Funding Sources TOTAL Consultant Services (Optony, Inc.) 80 -- Task 1.

• The Regular Assessment for a given fiscal year shall be based on the Anticipated Expenses.

• Nature of Anticipated Expenses - Check all expense types you may have during this agreement.

• Intended Parents represent and warrant that they understand that working with a Gestational Surrogate is an expensive process and that they have sufficient funds to complete the process and pay the fees outlined and estimated in the list of Anticipated Expenses provided to the Intended Parents by WSS.

• Total Agency Anticipated Expenses Transfer the total allocated cost (Control Account 9200) from each of the Form(s) 3 to Form 5.

• No Special Assessment shall be levied which exceeds twenty percent (20%) of the Anticipated Expenses of such Association for that fiscal year, without the vote or written assent of the Owners representing a majority of the votes of the Members of such Association.

More Definitions of Anticipated Expenses

Anticipated Expenses is defined in Section 3.04(b).

Anticipated Expenses any amounts which are necessary to satisfy written commitments or other documented arrangements of the Borrowers to purchase Investments or Investment Vehicles or to fund capital commitments in respect of such Investments or Investment Vehicles.

Anticipated Expenses any amounts which are necessary (x) to satisfy commitments or other arrangements of the Borrowers to purchase Portfolio Investments or Portfolio Investment Vehicles, (y) to satisfy obligations under Swap Agreements (including any applicable requirements to post collateral) or to satisfy any obligations then due and payable arising under any Indebtedness permitted to be incurred pursuant to Section 9.11, to the extent such commitments or obligations were entered into prior to the Responsible Officer of the Primary Borrower becoming aware of the requirement to make the applicable prepayment required under Section 2.1(e) or other applicable payment under this Credit Agreement, or (z) to pay other documented Borrower Expenses then due and payable. Notwithstanding the foregoing, an Investor which does not have any Rating shall be deemed to meet the Rating requirements set forth above which are applicable to it, to the extent that the Administrative Agent and the Required Lenders determine, based upon their internal rating methodology, that such Investor (or such Investor’s Sponsor, Responsible Party or Credit Provider, as applicable) is of a credit quality which is at lease equivalent to the Ratings set forth above applicable to it.