Expense Payments definition

Expense Payments shall have the meaning set forth in Section 10.4 Performance by Lenders hereof.

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Expense Payments. Pay expenses and costs for the Property from Owner's funds held by Broker, unless otherwise directed by Owner. Expenses and costs may include, but are not limited to, property management compensation, fees and charges, expenses for goods and services, property taxes and other taxes, Owner's Association dues, assessments, loan payments and insurance premiums. Owner's Initials ( ) ( ) Broker's Initials ( ) ( ) Reviewed by Date (PAGE 1 OF 5) SECURITY DEPOSITS: Receive security deposits from tenants, which deposits shall be given to Owner, or if permitted by applicable law, placed in Broker's trust. Owner shall be responsible to tenants for return of security deposits held by Owner.

Expense Payments. Pay expenses and costs for the Property from Owner's funds held by Broker, unless otherwise directed by Owner. Expenses and costs may include, but are not limited to, property management compensation, fees and charges, expenses for goods and services, property taxes and other taxes, Owner's Association dues, assessments, loan payments and insurance premiums. Owner's Initials ( ) ( ) Broker's Initials ( ) ( ) Reviewed by Date (PAGE 1 OF 5) SECURITY DEPOSITS: Receive security deposits from tenants, which deposits shall be given to Owner, or placed in Broker's trust account and, if held in Broker's trust account for one year or more, pay from Owner's funds all interest on tenants' security deposits as required by statute §§ 540-A:6(IV. Owner shall be responsible to tenants for return of security deposits and all interest due on security deposits held by Owner.

Examples of Expense Payments in a sentence

• Notwithstanding anything to the contrary, Section 2 of this Agreement shall survive any termination of this Agreement with respect to any Expense Payments that have not been reimbursed by the Fund to the Adviser.

• Notwithstanding anything to the contrary, Section 2 of this Agreement shall survive any termination of this Agreement with respect to any Expense Payments that have not been reimbursed by the Company to FSH.

• Any Reimbursement Payments shall be deemed to have reimbursed the Adviser for Expense Payments in chronological order beginning with the oldest Expense Payment eligible for reimbursement under this Section 2.

• Notwithstanding anything to the contrary, Section 2 of this Agreement shall survive any termination of this Agreement with respect to any Expense Payments that have not been reimbursed by the Company to the Adviser.

• Notwithstanding anything to the contrary, Section 2 of this Agreement shall survive any termination of this Agreement with respect to any Expense Payments that have not been reimbursed by the Company to the Advisor.

More Definitions of Expense Payments

Expense Payments shall have the meaning set forth in Section 10.5 hereof.

Expense Payments is defined in the third recital.

Expense Payments shall have the meaning provided in the second whereas clause of this Agreement.

Expense Payments has the meaning set forth in Section 7.3(d)(ii).

Expense Payments means, for any Mortgage, any amounts paid by or on behalf of the Mortgagor with respect to such Mortgage by way of reimbursement of, or indemnity for, or to enable payment of, any Mortgage Expenses incurred or suffered in connection with such Mortgage, including interest with respect thereto.

Expense Payments has the meaning specified in the recitals.

Expense Payments. Pay expenses and costs for the Property from Owner's funds held by Broker, unless otherwise directed by Owner. Expenses and costs may include, but are not limited to, property management compensation, fees and charges, expenses for goods and services, property taxes and other taxes, Owner's Association dues, assessments, loan payments and insurance premiums. Owner's Initials ( ) ( ) Broker's Initials ( ) ( ) Reviewed by Date (PAGE 1 OF 5) SECURITY DEPOSITS: Receive security deposits from tenants, which deposits shall be given to Owner, or placed in Broker's trust account. Owner shall be responsible to tenants for return of security deposits held by Owner.