Initial Expenses definition
Examples of Initial Expenses in a sentence
Notwithstanding the foregoing, the Company shall reimburse the Guarantor for the Initial Expenses within ten (10) business days of the Closing.
The Condominium hereby covenants and agrees to reimburse the Declarant the full amount of any Initial Expenses paid by the Declarant for which the Declarant is not otherwise fully reimbursed by the unit owners of the Condominium or otherwise, and shall pay the same within thirty (30) days of any demand therefor delivered in writing by the Declarant.
HPC shall receive a credit against its Initial Capital Contribution for all Initial Expenses paid for by HPC or HPI.
If for any reason, or no reason, Client fails to pay, or cause to reimburse Consultant the for the Initial Expenses when due as aforesaid, then Client shall immediately assign, convey and set over unto Consultant all its ownership interest in the SPE referenced in Section 2.1.1 hereof.
The Parties agree that upon Consultant filing an application with USCIS seeking such agency’s approval of the Regional Center said reimbursement of the Initial Expenses shall be deemed to be due and payable to Consultant under any circumstance.