Transfer Costs definition

Transfer Costs means the cost of registration of Transfer arising herefrom calculated with reference to the fee chargeable in terms of the recommended guideline of conveyancing fees, and all incidental disbursements necessary to effect registration, together with VAT on such costs and disbursements, but specifically excluding any costs relating to mortgage bond registration;
Transfer Costs means an amount equal to all reasonable costs and expenses of the Feed-in Approval Holder which are incurred or suffered as a result of the purchase of the Project by the Distribution Licensee, including any termination payments or novation fees on contracts in connection with the Project whose terms are reasonable and customary for private power projects such as the Project or were specifically approved by the Distribution Licensee, and all Taxes, any reasonable breakage costs and fees, any registration fees and other reasonable and necessary termination costs that become payable by the Feed-in Approval Holder as a result of the purchase of the Project by the Distribution Licensee, but excluding the Outstanding Indebtedness.
Transfer Costs is defined in Section 14.4.

Examples of Transfer Costs in a sentence

  • All Servicing Transfer Costs shall be paid by the predecessor Servicer upon presentation of reasonable documentation of such costs, and if such predecessor Servicer defaults in its obligation to pay such costs, such costs shall be paid by the successor Servicer or the Trustee (in which case the successor Servicer or the Trustee shall be entitled to reimbursement therefor from the assets of the Trust).

  • The Trustee shall be entitled to be reimbursed from the predecessor Servicer (or the Trust if the predecessor Servicer is unable to fulfill its obligations hereunder) for all Servicing Transfer Costs.

  • All Servicing Transfer Costs shall be paid by the predecessor Servicer upon presentation of reasonable documentation of such costs, and if such predecessor Servicer defaults in its obligation to pay such costs, such costs shall be paid by the successor Servicer or the Trustee (in which case the successor Servicer or the Trustee, as applicable, shall be entitled to reimbursement therefor from the assets of the Trust).

  • All Servicing Transfer Costs shall be paid by the predecessor Master Servicer upon presentation of reasonable documentation of such costs, and if such predecessor Master Servicer defaults in its obligation to pay such costs, such costs shall be paid by the successor Master Servicer or the Trustee (in which case the successor Master Servicer or the Trustee, as applicable, shall be entitled to reimbursement therefor from the assets of the Trust).

  • All reasonable Master Servicing Transfer Costs shall be paid by the predecessor Master Servicer upon presentation of reasonable documentation of such costs, and if such predecessor Master Servicer defaults in its obligation to pay such costs, such costs shall be paid by the successor Master Servicer or the Trustee (in which case the successor Master Servicer or the Trustee, as applicable, shall be entitled to reimbursement therefor from the assets of the Trust Fund).


More Definitions of Transfer Costs

Transfer Costs shall have the meaning set forth in Section 2.7.
Transfer Costs has the meaning set forth in Section 7.5(a).
Transfer Costs is defined in Section 15.3.
Transfer Costs means any expense actually incurred by the transferor, and, as provided for in Section 408.04, F.S., the expense was incurred in obtaining the initial Certificate of Need which authorized the project. Costs incurred in implementing the Certificate of Need subsequent to its award are project costs, not transfer costs.
Transfer Costs shall have the meaning set forth in Section 7.4(a).