Examples of Extraordinary Expense in a sentence
Without creating a default or an Event of Default hereunder, the Authority may contest in good faith the necessity for any Extraordinary Service or Extraordinary Expense and the reasonableness of any fee, charge or expense.
The two budgeted line items will be known as Start-up (SU) and Extraordinary Expense (EE).
Without creating a default or an Event of Default, however, the City may contest in good faith the necessity for any Extraordinary Service and Extraordinary Expense and the reasonableness of any fee, charge or expense.
The Extraordinary Expense Fund is expected to be used to pay fees and expenses incurred by the City in complying with tax and securities laws related to the Bonds, and therefore, amounts held therein are not pledged or committed in a manner that provides a reasonable assurance that such funds would be available for payment of the principal of or interest on the Bonds if the City encounters financial difficulty.
Settlement Class Members can claim (i) up to $150 for Ordinary Expense Reimbursements (Question 8, below); (ii) Lost Time of up to 3.5 hours (Question 8, below); (iii) up to $5,000 in Extraordinary Expense Reimbursements (Question 8, below).