Permitted Expenses definition

Permitted Expenses shall include, without limitation, the expenses set forth in Sections 5.10 and 9.2 hereof.

Permitted Expenses means the reasonable and documented costs and expenses incurred by the Agents and the Lenders (and their respective agents or professional advisors) in connection with the preparation, administration, amendment and due diligence of this Agreement and the other Credit Documents and, which costs and expenses the Borrower shall reimburse to the Administrative Agent or shall pay or cause to be paid in accordance with the Credit Documents. “Permitted Expenses” shall include, without limitation, the expenses set forth in Sections 5.10 and 9.2 hereof.

Permitted Expenses means (i) the reasonable expenses of Professional and the Bank incurred in connection with the Merger and the Bank Merger (including fees and expenses of attorneys, accountants or other consultants as set forth in Section 7.1(a) of the Seacoast Disclosure Letter), and (ii) the fee payable to Professional’s financial advisor in accordance with the engagement letter disclosed to Seacoast prior to the execution of this Agreement.

Examples of Permitted Expenses in a sentence

• Any Repaid Funds retained by Eligible Entity to fund Permitted Expenses shall correspondingly reduce the amount that Eligible Entity may draw from Treasury pursuant to Section 3(A) of the Agreement to fund Permitted Expenses.

• In the event Eligible Entity is holding any HHF Program funds, including, but not limited to, amounts reserved for payment of Permitted Expenses and Repaid Funds, as of the date that is ninety (90) days after the End of Term (the “Final Repayment Date”), all such funds shall be returned to Treasury or its designee prior to 1:00pm Eastern Time on the Final Repayment Date.

• Related adjustments to program allocations and other amounts set forth in the Service Schedules, and Permitted Expenses set forth on Schedule C, shall be made as set forth in such written notice.

• HFA, Eligible Entity and Treasury wish to enter into this Third Amendment to document all approved modifications to the Service Schedules and Permitted Expenses; Accordingly, in consideration of the representations, warranties, and mutual agreements set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Treasury, HFA and Eligible Entity agree as follows.

• HFA, Eligible Entity and Treasury wish to enter into this Amendment to document all approved modifications to the Service Schedules and Permitted Expenses, as applicable; Accordingly, in consideration of the representations, warranties, and mutual agreements set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Treasury, HFA and Eligible Entity agree as follows.

More Definitions of Permitted Expenses

Permitted Expenses means the reasonable costs and expenses incurred by the Administrative Agent (and its agents or professional advisors) in connection with the preparation, administration, amendment and due diligence of this Agreement and the other Credit Documents and, which costs and expenses the Borrower shall reimburse to the Administrative Agent or shall pay or cause to be paid. "Permitted Expenses" shall include, without limitation, the expenses set forth in Sections 5.4, 5.5, 5.14 and 9.2 hereof.

Permitted Expenses include the following: (i) when requested by the Company, reasonable expenses for travel, and (ii) other expenses specifically approved by the Company in writing. Notwithstanding the above, the Company will not be responsible for any single expense in excess of $500 or aggregate expenses in any one month of more than $2,000 without prior written approval of the Company.

Permitted Expenses means, for each annual period covered by an Annual Plan, Operating Expenses, capital improvements, replacements and debt payments as set forth therein plus, with respect to each budget line item in the Annual Budget portion of such Annual Plan, the greater of (a) five percent (5%) of each such budget line item or (b) Twenty Thousand Dollars ($20,000.00); provided, however, that the aggregate Permitted Expenses (other than the Management Fees payable to the Asset Manager pursuant to Section 3.10 hereof), when added to all other obligations incurred or reserve amounts accrued in excess of the applicable budget line items in such Annual Budget portion of the Annual Plan, shall not exceed (i) One Hundred Thousand Dollars ($100,000) in any fiscal year for a particular Qualified Asset or (ii) an average (taking into account all Qualified Assets then owned by the Partnership) of Fifty Thousand Dollars ($50,000) per Qualified Asset. Permitted Expenses shall also mean (a) all reasonable and customary costs and expenses of Third Parties retained in connection with the Acquisition Activities as provided in Section 3.6(f) hereof, (b) any reasonable costs or expenses incurred in implementing a Major Decision approved as provided in Section 3.4 hereof and not otherwise already included in an Annual Plan, and (c) costs and expenses incurred by and on behalf of the Partnership in connection with the formation of the Partnership, including legal fees and costs and expenses associated with assumption or refinancing the Existing Indebtedness, but excluding fees and expenses set forth in Section 12.16 hereof.

Permitted Expenses means expenses incurred by the Distributor in connection with the distribution of Class A (or Class X) shares of the Fund as defined below in Section 4.

Permitted Expenses means all costs, charges and expenses incurred by the Issuer in connection with the issue of all its outstanding issued Notes or any Series thereof and those fees, expenses and other amounts payable by the Issuer to the Issuing and Paying Agent, the Paying Agent, the Registrar, the Transfer Agent, the Calculation Agent, the Custodian and the Administrative Agent, the Trustee and the Investment Manager under the agreements appointing them (as such agreements may be amended from time to time in accordance with their terms) including, by way of example but not by way of limitation, the obligation of the Issuer to indemnify the Investment Manager pursuant to the Investment Management Agreement, the Trustee pursuant

Permitted Expenses means, for each period for which the Net Proceeds is determined, the sum of the following, to the extent only that Borrower has been billed for such or the payment obligation of Borrower with respect thereto has otherwise accrued during the relevant period only and to the extent not already deducted in any remittance to Borrower and without duplication of any item: (a) lease operating expenses attributable to the Oil and Gas Properties; (b) transportation and marketing expenses attributable to the Oil and Gas Properties; (c) facility lease expenses attributable to the Oil and Gas Properties; and (d) production and ad valorem taxes attributable to Borrower’s share of Gross Proceeds of Production.

Permitted Expenses means any fees or expenses paid by any Credit Party in accordance with the DIP Financing Order and as otherwise allowed by the Bankruptcy Court.