Common use of Allocation of Overhead Clause in Contracts

Allocation of Overhead. To the extent that Borrower, on the one hand, and any other Sylvamo Party or any Affiliate thereof, on the other hand, have offices in the same location, there shall be a fair and appropriate allocation of overhead costs between them, and the Borrower shall bear its fair share of such expenses, which may be paid through the Servicing Fee or otherwise.

Appears in 2 contracts

Sources: Receivables Financing Agreement (Sylvamo Corp), Receivables Financing Agreement (Sylvamo Corp)

Allocation of Overhead. To the extent that the Borrower, on the one hand, and any other Sylvamo Borrower-Related Party or any Affiliate thereof, on the other hand, have offices in the same location, there shall be a fair and appropriate allocation of overhead costs between them, and the Borrower shall bear its fair share of such expenses, which may be paid through the Servicing Fee or otherwise.. 777387928 25783263

Appears in 1 contract

Sources: Receivables Financing Agreement (Xperi Inc.)