Past Expenses definition
Past Expenses means any and all amounts spent by Licensor, and not previously reimbursed, in relation to the Licensed Technology, prior to the Effective Date of this Agreement, in the total amount of *.
Examples of Past Expenses in a sentence
Developer shall provide City with written notice of any withdrawal of the Development Fees, including, but not limited to, withdrawals for Past Expenses, Future Expenses and Reinvestment Amounts.
The aggregate total of the Past Expenses and Future Expenses shall in no event exceed the amount which would leave a balance of the total Development Fees shown on the Financial Projections of Ten Million and No/100 Dollars ($10,000,000.00) to be distributed once the Project has Stabilized as provided herein.