Delivery Expense definition

Delivery Expense means any taxes (including, for the avoidance of doubt, stamp duty), costs, losses and expenses incurred by the Issuer in connection with its obligations under Condition 8
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Delivery Expense means any expense, depositary charges, transaction or exercise charges, stamp duty, stamp duty reserve tax and/or other Taxes or duties, that arise from the delivery and/or transfer of any Underlying or Basket Component.
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Examples of Delivery Expense in a sentence

  • Any sums due TENANT as a Late Delivery Expense under this section shall be offset against the next Monthly Basic Rent and Additional Rent coming due in an amount equal to the Late Delivery Expense.

  • Delivery Expense....................................................................

Related to Delivery Expense

  • Delivery Expenses means all costs, taxes, duties and/or expenses, including stamp duty, stamp duty reserve tax and/or other costs, duties or taxes arising from the Delivery of the Asset Amount.

  • Recovery Expenses means, for any Recovery Quarter, the amount of actual, reasonable and necessary out-of-pocket expenses (other than Capitalized Expenditures) paid to third parties (other than Affiliates of the Assuming Bank) by or on behalf of the Assuming Bank, as limited by Sections 3.2(c) and (d) of Article III to this Commercial Shared-Loss Agreement, to recover amounts owed with respect to (i) any Shared-Loss Asset as to which a Charge-Off was effected prior to the end of the final Shared-Loss Quarter (provided that such amounts were incurred no earlier than the date the first Charge-Off on such Shared-Loss Asset could have been reflected on the Accounting Records of the Assuming Bank), and (ii) Failed Bank Charge-Offs/Write-Downs (including, in each case, all costs and expenses related to an Environmental Assessment and any other costs or expenses related to any environmental conditions with respect to the Shared-Loss Assets (it being understood that any remediation expenses for any such pollutant or contaminant are not recoverable if in excess of $200,000 per Shared-Loss Asset, without the Assuming Bank having obtained the prior consent of the Receiver for such expenses); provided, that, so long as income with respect to a Shared-Loss Loan is being prorated pursuant to the arithmetical formula in subsection (II) of the definition of “Recoveries”, the term “Recovery Expenses” shall not include that portion of any such expenses paid during such Recovery Quarter to recover any amounts owed on that Shared-Loss Loan that is derived by: subtracting (1) the product derived by multiplying:

  • Extraordinary Expense shall have the meaning set forth in Section 5.1.11(e) hereof.

  • Ordinary Expenses means the Trustee's ordinary expenses and overhead in connection with its services as Trustee, including the items referred to in the definition of Ordinary Expenses in the Standard Terms.

  • Prepaid Ordinary Expenses shall be zero for this Series.