Definition of Lessor's Expenses


Lessor's Expenses means the Arrangement Fee, the Lessor's Legal Expenses and the Insurance Adviser's Fee (if any) together with any valuation and survey fees incurred by the Lessor in connection with the Haewene Brim Equipment (or any part thereof) prior to the payment of the Contract Price;
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Examples of Lessor's Expenses in a sentence

Section 12.5 - Lessor's Expenses: If there is an Event of Default hereunder, and if Lessor shall deem it necessary to engage attorneys to enforce Lessor's rights hereunder, the determination of such necessity to be in the reasonable discretion of Lessor, Lessee shall reimburse Lessor for the reasonable expenses incurred hereby, including, but not limited to, court costs and reasonable attorney's fees.
The certificate shall provide for the Lessee to opay the following proportions in respect of the Lessor's Expenses: (i) 25% of the said Expenses incurred in respect of the Building (ii) 11% of the said Expenses incurred in respect of that part of the Estate edged yellow on the Plan (iii) 3.3% of the said Expenses incurred in respect of that part of the Estate edged green on the Plan 3.