Through Expenses definition
Examples of Through Expenses in a sentence
With respect to Pass Through Expenses which have not been billed to tenants as of the Closing Date, Purchaser shall ▇▇▇▇ each tenant for same in accordance with each such tenant’s Lease.
Purchaser will make a good faith effort after Closing to collect all rents (including without limitation the Pass Through Expenses and percentage rents described in Section 4.4(c) below) in the usual course of Purchaser’s operation of the Property, but Purchaser will not be obligated to institute any lawsuit or incur any expense to collect delinquent rents.
If the Parties agree that any Pass-Through Expenses are to be paid by Service Provider directly, Service Provider shall pay the third party invoices containing such Pass- Through Expenses on behalf of DIR.
In accordance with terms of the DIR Shared Services Contracts, including all relevant pricing and accepted Request for Services proposals, and this ILC, DIR Customer shall be responsible for and agrees to pay DIR the applicable Charges for Services received from the SCPs and the MSI, Services DIR Customer agrees to pre-pay, the DIR recovery fees, any allocated charges, and any Pass Through Expenses incurred by DIR or SCPs on behalf of DIR Customer.
Such Pass Through Expenses must be attributable to a Program of the Manager and substantiated by documentation from the applicable third party.
Pass Through Expenses must be passed through to Manager within [***] from the date they are assessed/invoiced by the applicable third party, otherwise they will be considered waived.
Pass Through Expenses that have not been disputed within [***] of receipt by Manager and that have been paid or deducted from Manager’s account are deemed paid in full.
All fees for Services and Pass Through Expenses are exclusive of VAT (including non-refundable VAT), local taxes, charges or remittance fees, which Client will pay when applicable.
In addition, if Full Replacement Cost is adjusted pursuant to any Facility Mortgage, such increase shall be part of the Pass Through Expenses payable by Tenant and Lessor hereunder shall have the additional right to require that Full Replacement Cost for the purposes of this Lease to be adjusted appropriately.
A component of a Project Agreement that describes the timing of payments due to be made for Services delivered and Pass Through Expenses incurred.