Expenses Letter definition
Examples of Expenses Letter in a sentence
On or prior to each anniversary date of the issuance of the Capital Expenses Letter of Credit, Borrowers shall increase the amount of the Capital Expenses Letter of Credit to an amount equal to 5% of the annual Rents for the Properties for the preceding 12 month period.
In addition, the Issuer shall reimburse the Joint Bookrunners for fees and expenses in accordance with the Fees and Expenses Letter.
In respect of the Bonds, the Issuer shall, on the Closing Date, pay to each Joint Bookrunner the commission as set forth opposite its name in Schedule 2 (Subscription Amounts) in accordance with the Fees and Expenses Letter.
This Agreement (including the Fees and Expenses Letter which is deemed to form a part of this Agreement) constitutes the whole and only agreement between the parties relating to the subscription of the Bonds; provided, however, nothing herein shall affect any party’s liability for fraudulent misrepresentation.
The Company shall pay the Agent and the Arranger the amount of all transaction costs and expenses as set out in the Costs and Expenses Letter.
The Borrower shall pay the Agent and the Arranger the amount of all transaction costs and expenses as set out in the Costs and Expenses Letter.
The Expenses Letter of Credit shall expire on the day that is sixty (60) days after the Sale Termination Date and Merchant agrees to surrender the original Expenses Letter of Credit to the issuer thereof together with written notification that the Expenses Letter of Credit may be terminated on such date.
The Expenses Letter of Credit shall be delivered no later than two (2) business days following the Closing Date, shall be issued by a bank selected by Agent and reasonably acceptable to Merchant, and shall contain terms, provisions and conditions mutually acceptable to Agent and Merchant.
Parent shall have received from the Company at least three business days prior to the Closing Date each of (i) the Estimated Balance Sheet and (ii) the Estimated Third Party Expenses Letter.
This Agreement contains the entire understanding and agreement between the Parties concerning the subject matter hereof and supersedes in all respects any prior agreements, understandings, discussions, negotiations and undertakings, whether written or oral, between the Parties with respect thereto, other than (i) the Existing Noncompete Provision, and (ii) the Living Expenses Letter, both of which are incorporated into this Agreement by reference.